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What do I do? Full-time independent stock market analyst and researcher: https://sven-carlin-research-platform... Check the comparative stock list table on my Stock market research platform under curriculum preview! I am also a book author: Modern Value Investing book: https://amzn.to/2lvfH3t More about me and some written reports at the Sven Carlin blog: https://svencarlin.com Stock market for modern value investors Facebook Group: / modernvalueinvesting EV/EBITDA is one of the most used metrics in finance but not all agree on its usefulness. We first describe how is EV/EBITDA calculated, first enterprise value and then earnings before interest, taxes, depreciation and amortization. Also the pros are discussed where EV/EBITDA shows how a business is actually doing but we also discuss how it can be manipulated and why it is in the interest of Wall Street. I conclude with what Buffett and Munger have said about EV/EBITDA at the last Berkshire shareholder meeting.