EV/EBITDA compares the whole value of a company, debt included, with its operating cash earnings. Analysts and private equity buyers prefer it to P/E because it is not distorted by debt or depreciation. This list shows NYSE and Nasdaq stocks with an EV/EBITDA ratio below 6 and a return on invested capital above 10%, so the low multiple is not just a sign of a poor business, cheapest first. Penny stocks and illiquid names are excluded.