SIDC Module 18 Practice Questions - SC Licensing Examination Module 18 - Securities And Derivatives Trading Products And Analysis Exam

EV/EBITDA is unaffected by depreciation and amortisation, which are non-cash expenses EV/EBITDA is capital-structure neutral, as Enterprise Value includes debt and EBITDA is calculated before interest expense EBITDA is always larger than net income, reducing the volatility of the multiple EV/EBITDA is more widely accepted under Malaysian Financial Reporting Standards (MFRS)