Abacus Property Stapled Securities EV/EBITDA
What is the EV/EBITDA of Abacus Property Stapled Securities?
The EV/EBITDA of Abacus Property Group Stapled Securities is 83.15
What is the definition of EV/EBITDA?
EV/EBITDA is enterprise value divided by earnings before interest, tax, depreciation, and amortization. It is a measure of how expensive a stock is and is more frequently valid for comparisons across companies than the price to earnings ratio. It measures the price (in the form of enterprise value) an investor pays for the benefit of the company’s cash flow (in the form of EBITDA).
= enterprise value / EBITDA
Price to earnings ratios are impacted by a company's choice of capital structure - companies which raise money via debt will have lower P/Es (and therefore look cheaper) than companies that raise an equivalent amount of money by issuing shares, even though the two companies might have equivalent enterprise values. A sample case is when a company with debt were to raise money by issuing shares of stock, and then used the money to pay off the debt, this company's P/E ratio would shoot up because of the increased number of shares - although nothing about the fundamental value of the business has changed. EV / EBITDA is unaffected by capital structure as enterprise value includes the value of debt, and EBITDA is available to all investors (debt and equity) as it excludes interest payments on that debt. It is ideal for analysts and potential investors looking to compare companies within the same industry.
EV/EBITDA of companies in the Real Estate sector on ASX compared to Abacus Property Stapled Securities
What does Abacus Property Stapled Securities do?
Abacus Property Group (ASX:ABP), is a diversified Australian REIT with an investment portfolio concentrated in the Office and Self Storage sectors. We invest capital in real estate opportunities to deliver superior long term returns and maximise securityholder value. Abacus is a strong asset backed, annuity style business model where capital is directed towards assets that provide potential for enhanced income growth and ultimately create value. Our people, market insight and repositioning capability together with strategic partnering are the key enablers of our strategy. Located in a single corporate office in Sydney, Australia, Abacus is listed on the Australian Stock Exchange and is included in the S&P/ASX 200 index. Abacus is comprised of Abacus Group Holdings Limited (the nominated parent entity), Abacus Group Projects Limited and Abacus Storage Operations Limited, Abacus Trust, Abacus Income Trust and Abacus Storage Property Trust. The shares and units in these entities are stapled together and trade as one security in ABP.
Companies with ev/ebitda similar to Abacus Property Stapled Securities
- Jervois Mining has EV/EBITDA of 82.67
- Prajay Engineers Syndicate has EV/EBITDA of 82.88
- China Futex has EV/EBITDA of 82.96
- ITI has EV/EBITDA of 82.98
- Saregama India has EV/EBITDA of 83.01
- Columbus Resources plc has EV/EBITDA of 83.06
- Abacus Property Stapled Securities has EV/EBITDA of 83.15
- Inphi has EV/EBITDA of 83.27
- J. L. Morison (India) has EV/EBITDA of 83.42
- Hercules Hoists has EV/EBITDA of 83.43
- Orient Press has EV/EBITDA of 83.57
- Appotronics has EV/EBITDA of 83.69
- Kennedy-Wilson Inc has EV/EBITDA of 83.88