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Houlihan Lokey Inc
NYSE:HLI

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Houlihan Lokey Inc
NYSE:HLI
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Price: 158 USD -0.17% Market Closed
Market Cap: $11B

EV/EBITDA

14.4
Current
23%
Cheaper
vs 3-y average of 18.8

Enterprise Value to EBITDA (EV/EBITDA) ratio compares a company`s total enterprise value to its earnings before interest, taxes, depreciation, and amortization. It shows how much investors are paying for each dollar of the company`s earnings, including both equity and debt.

EV/EBITDA
14.4
=
Enterprise Value
$10.5B
/
EBITDA
$685.4m

Enterprise Value to EBITDA (EV/EBITDA) ratio compares a company`s total enterprise value to its earnings before interest, taxes, depreciation, and amortization. It shows how much investors are paying for each dollar of the company`s earnings, including both equity and debt.

EV/EBITDA
14.4
=
Enterprise Value
$10.5B
/
EBITDA
$685.4m

Valuation Scenarios

Houlihan Lokey Inc is trading below its 3-year average

If EV/EBITDA returns to its 3-Year Average (18.8), the stock would be worth $205.45 (30% upside from current price).

Statistics
Positive Scenarios
3/4
Maximum Downside
-1%
Maximum Upside
+50%
Average Upside
22%
Scenario EV/EBITDA Value Implied Price Upside/Downside
Current Multiple 14.4 $158
0%
3-Year Average 18.8 $205.45
+30%
5-Year Average 15.6 $170.41
+8%
Industry Average 21.6 $236.38
+50%
Country Average 14.4 $157.1
-1%

Forward EV/EBITDA
Today’s price vs future ebitda

Today's Enterprise Value EBITDA Forward EV/EBITDA
$10.5B
/
Jan 2026
$685.4m
=
14.4
Current
$10.5B
/
Mar 2026
$720.7m
=
14.6
Forward
$10.5B
/
Mar 2027
$922.2m
=
11.4
Forward
$10.5B
/
Mar 2028
$1B
=
10.1
Forward

Forward EV/EBITDA shows whether today’s EV/EBITDA still looks high or low once future ebitda are taken into account.

Peer Comparison

All Multiples
EV/EBITDA
P/E
All Countries
Close

Market Distribution

In line with most companies in the United States of America
Percentile
50th
Based on 9 875 companies
50th percentile
14.4
Low
0 — 10
Typical Range
10 — 21.5
High
21.5 —
Distribution Statistics
the United States of America
Min 0
30th Percentile 10
Median 14.4
70th Percentile 21.5
Max 1 767 274.1

Houlihan Lokey Inc
Glance View

Houlihan Lokey Inc., bearing the weight of decades of financial expertise, has carved out a solid niche in the complex world of investment banking. Founded in 1972, the company rose to prominence by focusing on advisory services rather than the more volatile trading activities that have tripped up many of its competitors. Specializing in mergers and acquisitions (M&A), financial restructuring, and valuations, Houlihan Lokey has become a go-to advisor for middle-market companies—those firms that are too large to be considered small yet not large enough to make headlines in mainstream financial markets. This strategic positioning allows the company to cater to a broad array of industries, providing tailored insights and strategies that drive meaningful outcomes for its clients and, consequently, its own bottom line. The heart of Houlihan Lokey's business resides in its advisory fees, which constitute a major portion of its revenue. By guiding companies through the labyrinth of corporate transactions—be it buying, selling, or restructuring—Houlihan Lokey ensures smooth operations that align with their client's strategic objectives. Their financial restructuring practice is particularly renowned as one of the best in the industry, especially noted for navigating companies through distressed situations and helping them regain their footing. Additionally, the firm's emphasis on diversification, both in terms of service offerings and geographic presence, safeguards it against economic downturns in any single market. By staying true to its core expertise in advisory services, Houlihan Lokey sustains its competitive edge, proving that a singular focus on client-centered financial advisory can indeed be its own form of diversified success.

HLI Intrinsic Value
170.69 USD
Undervaluation 7%
Intrinsic Value
Price $158
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