NTM EBITDA definition
Examples of NTM EBITDA in a sentence
The results of these analyses are summarized as follows: Era EV / NTM EBITDA Multiple Over Last 25th Percentile .
If ITP fails to deliver a notice of objections during the NTM Review Period, ITP shall be deemed to have accepted the STOCKHOLDERS' determination of NTM EBITDA upon expiration of the NTM Review Period.
If the Seller fails to deliver a notice of objections within such respective 45-day period, the Seller shall be deemed to have accepted the NTM EBITDA or FTM EBITDA.
If the NTM EBITDA amount is in dispute, Purchaser's and STOCKHOLDER's accountants shall attempt in good faith to resolve such dispute, and any resolution as to any disputed amounts shall be final, binding and conclusive.
Lazard applied a range of illustrative EV / next twelve months, commonly referred to as NTM, EBITDA multiples of 8.1x to 10.1x to Ferro’s estimated forward EBITDA from fiscal year 2021 to fiscal year 2024 to calculate a future enterprise value range for Ferro, then calculated an equity value range using an estimated net debt position and noncontrolling interest based on the projected balance sheet.
If the NTM EBITDA or FTM EBITDA amount is in dispute, Purchaser's and Seller's accountants shall attempt in good faith to resolve such dispute, and any resolution as to any disputed amounts shall be final, binding and conclusive.
The STOCKHOLDER may dispute the NTM EBITDA calculation set forth in the financial statements prepared by Purchaser and Purchaser's accountants by notice to Purchaser setting forth in reasonable detail the amounts in dispute and the basis for such dispute within forty- five (45) days of its receipt of such financial statements.
For the second illustrative discounted cash flow sensitivity analysis using the IEA prior management plan, ▇▇▇▇▇▇ assumed for the analysis that the terminal value of IEA was illustratively calculated using the historical average of IEA’s NTM EBITDA multiple.
BofA Securities also observed that the 2020 EBITDA multiple for DLR was 21.4x, and that the average multiple of DLR’s enterprise value to its consensus next twelve month EBITDA (commonly referred to as NTM EBITDA), adjusted for stock-based compensation and operating lease rent expense, was 19.4x, 19.2x and 18.8x over the previous six, 12 and 24 month periods, respectively.
After the determination of the NTM EBITDA, the First Note shall be convertible into Common Shares of ITP which will be valued at the time of conversion at $5.70 per share.