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Analysts highlight stocks with strong EV-to-EBITDA ratios

EditorVenkatesh Jartarkar
Published 11/10/2023, 09:00 AM
© Pavlo Gonchar / SOPA Images/Sipa via Reuters Connect
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Investment analysts today identified a selection of companies as top picks based on their attractive Enterprise Value to Earnings Before Interest, Taxes, Depreciation, and Amortization (EV-to-EBITDA) ratios, a key indicator of valuation and earnings potential. The companies highlighted include G-III Apparel Group, Ltd. (NASDAQ: NASDAQ:GIII), Titan Machinery Inc. (NASDAQ: NASDAQ:TITN), SM Energy Co. (NYSE: NYSE:SM), Centene Corp. (NYSE: NYSE:CNC), and AAR Corp . (NYSE: NYSE:AIR).

G-III Apparel Group, standing out with a Zacks Rank #1 and a Value Score of A, is anticipated to see a 14.7% increase in year-over-year earnings for the current fiscal year. Titan Machinery Inc., known for its agricultural and construction equipment dealership locations, also shows promise with an expected earnings growth rate of 11.9% year-over-year.

SM Energy Co., an independent oil and gas entity with a Value Score of A, has had its current-year earnings estimates revised upward by 7.8% over the past 60 days. Centene Corp., operating within the diversified healthcare sector, mirrors G-III's earnings growth rate projection at 14.7% for the current year.

AAR Corp., serving the aviation and defense industries globally, tops the growth projections with an anticipated 21.3% surge in year-over-year earnings for this fiscal year.

The analysis suggests that while the EV-to-EBITDA ratio is crucial for evaluating stock value, it should be considered alongside other major financial ratios like price-to-book (P/B), price-to-earnings (P/E), and price-to-sales (P/S). The article also mentions tools such as Research Wizard for aiding investment decisions and strategies that have historically beaten the S&P's average yearly gain of +6.2%.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

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