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China Mobile Ltd. (CHL) | Enterprise Value to EBITDA (EV/EBITDA)

Earnings before Interest, Tax, Depreciation and Amortization (EBITDA)

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China Mobile Ltd., EBITDA calculation

USD $ in millions, translated from CNY ¥

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  12 months ended Dec 31, 2011 Dec 31, 2010 Dec 31, 2009 Dec 31, 2008 Dec 31, 2007
chart Profit attributable to equity shareholders of the Company
chart Add: Profit attributable to non-controlling interests
chart Add: Finance costs
chart Add: Income tax expense (benefit)
chart Earnings before interest and tax (EBIT)
chart Add: Depreciation of property, plant and equipment
chart Add: Amortization of other intangible assets
chart Earnings before interest, tax, depreciation and amortization (EBITDA)
Item Description The company
EBITDA To calculate EBITDA analysts start with net earnings. To that earnings number, interest, taxes, depreciation, and amortization are added. EBITDA as a pre-interest number is a flow to all providers of capital. China Mobile Ltd.'s EBITDA increased from 2009 to 2010 and from 2010 to 2011.

EV to EBITDA Ratio, Current

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China Mobile Ltd., current EV/EBITDA

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  China Mobile Ltd. Telecommunications
Selected Financial Data (USD $ in millions)
Enterprise value (EV)  
Earnings before interest, tax, depreciation and amortization (EBITDA)  
Ratio
EV/EBITDA

If company EV/EBITDA is lower then the EV/EBITDA of benchmark then company is relatively undervalued.

Otherwise, if company EV/EBITDA is higher then the EV/EBITDA of benchmark then company is relatively overvalued.

EV to EBITDA Ratio, Historical

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China Mobile Ltd., EV/EBITDA calculation

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    Dec 31, 2011 Dec 31, 2010 Dec 31, 2009 Dec 31, 2008 Dec 31, 2007
  Selected Financial Data (USD $ in millions, translated from CNY ¥)
chart Enterprise value (EV)
chart Earnings before interest, tax, depreciation and amortization (EBITDA)
  EV/EBITDA, Comparison to Industry
chart China Mobile Ltd.1
  Industry, Telecommunications

2011 Calculations

1 EV/EBITDA = EV ÷ EBITDA
= ÷ =

Ratio Description The company
EV/EBITDA EV/EBITDA is a valuation indicator for the overall company rather than common stock. China Mobile Ltd.'s EV/EBITDA ratio declined from 2009 to 2010 but then slightly increased from 2010 to 2011.

May 23, 2012

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