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American Capital Ltd (NAS:ACAS)
EV/EBIT
29.25 (As of Today)

EV/EBIT ratio is calculated as enterprise value divided by its Earnings Before Interest and Taxes (EBIT). As of today, American Capital Ltd's enterprise value is $2,720.5 Mil. American Capital Ltd's earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2016 was $93.0 Mil. Therefore, American Capital Ltd's EV/EBIT ratio for today is 29.25.

ACAS' s EV/EBIT Range Over the Past 10 Years
Min: -246.7   Max: 285.1
Current: 29.26

-246.7
285.1

During the past 13 years, the highest EV/EBIT Ratio of American Capital Ltd was 285.10. The lowest was -246.70. And the median was 6.50.

ACAS's EV/EBIT is ranked lower than
78% of the 1324 Companies
in the Global Asset Management industry.

( Industry Median: 13.39 vs. ACAS: 29.26 )

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt). American Capital Ltd's enterprise value for the quarter that ended in Sep. 2016 was $2,590.4 Mil. American Capital Ltd's earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2016 was $93.0 Mil. American Capital Ltd's Earnings Yield (Joel Greenblatt) for the quarter that ended in Sep. 2016 was 3.59%.


Definition

American Capital Ltd's EV/EBIT for today is calculated as:

EV/EBIT=Enterprise Value (Today)/Earnings Before Interest and Taxes (EBIT) (TTM)
=2720.486/93
=29.25

American Capital Ltd's current Enterprise Value is $2,720.5 Mil.
American Capital Ltd's Earnings Before Interest and Taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2016 was -172 (Dec. 2015 ) + -45 (Mar. 2016 ) + 146 (Jun. 2016 ) + 164 (Sep. 2016 ) = $93.0 Mil.

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.


Explanation

This is a more accurate valuation of companies' operation because it consider the debt and cash on its balance sheet, and non-operating items such as interest payment, tax, and one-time items are not included in the Operating Income.

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt).

American Capital Ltd's Earnings Yield (Joel Greenblatt) for the quarter that ended in Sep. 2016 is calculated as:

Earnings Yield (Joel Greenblatt) (Q: Sep. 2016 )=EBIT (TTM)/Enterprise Value (Q: Sep. 2016 )
=93/2590.358
=3.59 %

American Capital Ltd's Enterprise Value for the quarter that ended in Sep. 2016 was $2,590.4 Mil.
American Capital Ltd's Earnings Before Interest and Taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2016 was -172 (Dec. 2015 ) + -45 (Mar. 2016 ) + 146 (Jun. 2016 ) + 164 (Sep. 2016 ) = $93.0 Mil.

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.


Related Terms

Enterprise Value, Earnings Yield (Joel Greenblatt), Earnings Before Interest and Taxes (EBIT)


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

American Capital Ltd Annual Data

Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14Dec15
ev2ebit 17.0312.66-1.71-34.724.676.053.4715.478.89242.32

American Capital Ltd Quarterly Data

Jun14Sep14Dec14Mar15Jun15Sep15Dec15Mar16Jun16Sep16
ev2ebit 22.5414.688.8910.6013.9820.68242.32-44.46-60.5627.85
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