Should You Buy InterContinental Hotels Group PLC (NYSE: IHG) On Account Of Its EV / EBITDA?
InterContinental Hotels Group PLC (NYSE: IHG), a consumer discretionary company with a market capitalization of $11.6 billion, currently trades at an EBITDA Multiple of 12.4x which is above the sector’s median multiple of 10.2x. Although this makes IHG look unattractive, investors may change their mind after reviewing the assumptions behind the EV / EBITDA ratio. In… Keep Reading