ev/ebitda 쉽게 설명

EV/EBITDA는 기업 가치와 기업의 운영 성과를 비교하는 지표 중 하나입니다. EV는 기업 가치를 나타내는 지표이며, EBITDA는 기업의 운영 성과를 나타내는 지표입니다. EV/EBITDA는 이 두 지표를 나눈 비율로, 기업이 총 자본 구조에서 만들어낸 이익에 대한 기업 가치의 비율을 나타냅니다.

예를 들어, A 기업의 EV가 100억원이고 EBITDA가 10억원인 경우, EV/EBITDA는 10으로 계산됩니다. 이는 A 기업이 1원의 EBITDA를 만들어 내기 위해 기업 가치 10원이 필요하다는 것을 의미합니다.

비유적으로, EV/EBITDA를 생각해보면, A 기업이 운영하는 공장이 자동차라고 가정해보겠습니다. EV는 자동차의 전체 가격, EBITDA는 자동차가 만들어낸 이익이라고 생각할 수 있습니다. 이 때 EV/EBITDA는 자동차의 가격 대비 이익 비율을 나타내는 것과 비슷합니다. EV/EBITDA가 낮을수록 자동차의 가격 대비 이익이 높다는 것을 의미하며, 높을수록 그 반대라는 것을 알 수 있습니다.

즉, EV/EBITDA가 낮을수록 기업의 운영 성과가 좋다는 것을 의미합니다. 하지만 이는 업종, 기업 규모 등에 따라 달라질 수 있으므로, 단순히 수치만 보고 판단하는 것은 어려울 수 있습니다.

 

 

EV/EBITDA is a metric that compares a company's enterprise value to its operating performance. EV is a measure of enterprise value, while EBITDA is a measure of a company's operating performance. EV/EBITDA is a ratio that divides these two metrics and represents the ratio of enterprise value to the profit a company generates from its total capital structure.

For example, if Company A has an EV of 10 billion won and an EBITDA of 1 billion won, its EV/EBITDA is calculated as 10. This means that Company A needs $10 in enterprise value to generate $1 in EBITDA.

To think about EV/EBITDA analogously, let's say Company A's factory is a car factory, where EV is the overall price of the car and EBITDA is the profit generated by the car. In this case, EV/EBITDA is similar to a car's price-to-profit ratio. A lower EV/EBITDA indicates that the car is more profitable than its price, and a higher EV/EBITDA indicates the opposite.

In other words, the lower the EV/EBITDA, the better the company's operating performance. However, this can vary depending on the industry, company size, and more, so it can be difficult to judge simply by looking at the numbers.