hard · Investment Banking

When comparing two companies in the same industry, Company A has a P/E of 15x and Company B has a P/E of 20x.

Which of the following is the most likely reason EV/EBITDA would be a better metric for comparison?

  1. Company A has fewer diluted shares outstanding than Company B.
  2. Company B has a higher growth rate and stronger future earnings potential.
  3. Company B is a larger business by revenue.
  4. Company A has significantly higher leverage and more interest expense than Company B.

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