SINGAPORE (Apr 9): Water treatment company CITIC Envirotech showed up on our March 19 equity screener via a trailing 12-month EV/Ebitda (earnings before interest, taxes, depreciation and amortisation) ratio versus a five-year Ebitda compounded annual growth rate. EV, or enterprise value, is made up of market capitalisation plus debt, less cash plus minority interests and market value of preferred equity. CITIC Envirotech’s EV/Ebitda multiple was just 11.6 times relative to its five-year Ebitda CAGR at a sterling 55.2%.

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