Varirous financial messures are calculated wrong when the company reportes in non US currency.
For example Novo Nordisk NVO reports in DKK.
Enterprise Value/EBITDA is reported as: 3.68
Corect value is 26.94
The difference is factor 26.94/3.68=7.3.
The USD/DKK exchange rate is 7.3 which explains the error.
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Eyjólfur Gislason
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