Relatively Low EV/EBITDA Ratio Detected in Shares of Pitney Bowes in the Office Services & Supplies Industry (PBI, ACU, MLHR, SCS, HNI)
Below are the three companies in the Office Services & Supplies industry with the lowest enterprise value to EBITDA (EV/EBITDA) ratios. EV/EBITDA is an important metric used in valuing comparable companies. It is capital structure neutral and generally the lower the ratio, the more undervalued the company is believed to be.
Pitney Bowes ranks lowest with a an EV/EBITDA ratio of 7.21. Acme United is next with a an EV/EBITDA ratio of 8.63. Herman Miller ranks third lowest with a an EV/EBITDA ratio of 9.46.
Steelcase follows with a an EV/EBITDA ratio of 9.63, and HNI rounds out the bottom five with a an EV/EBITDA ratio of 11.71.
SmarTrend recommended that subscribers consider buying shares of HNI on January 29th, 2016 as our technology indicated a new Uptrend was in progress when shares hit $33.34. Since that recommendation, shares of HNI have risen 43.7%. We continue to monitor HNI for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.
Keywords: lowest ev/ebitda ratio pitney bowes amex:acu acme united herman miller steelcase