Switch to:
Astoria Financial Corporation (NYSE:AF)
EV/EBIT
45.62 (As of Today)

EV/EBIT ratio is calculated as enterprise value divided by its Earnings Before Interest and Taxes (EBIT). As of today, Astoria Financial Corporation's enterprise value is $5,377.1 Mil. Astoria Financial Corporation's earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2015 was $117.9 Mil. Therefore, Astoria Financial Corporation's EV/EBIT ratio for today is 45.62.

AF' s EV/EBIT Range Over the Past 10 Years
Min: 12.7   Max: 132.1
Current: 45.63

12.7
132.1

During the past 13 years, the highest EV/EBIT Ratio of Astoria Financial Corporation was 132.10. The lowest was 12.70. And the median was 34.60.

AF's EV/EBIT is ranked lower than
86% of the 1503 Companies
in the Global Savings & Cooperative Banks industry.

( Industry Median: 13.40 vs. AF: 45.63 )

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt). Astoria Financial Corporation's enterprise value for the quarter that ended in Dec. 2015 was $5,489.9 Mil. Astoria Financial Corporation's earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2015 was $117.9 Mil. Astoria Financial Corporation's Earnings Yield (Joel Greenblatt) for the quarter that ended in Dec. 2015 was 2.15%.


Definition

Astoria Financial Corporation's EV/EBIT for today is calculated as:

EV/EBIT=Enterprise Value (Today)/Earnings Before Interest and Taxes (EBIT) (TTM)
=5377.060/117.874
=45.62

Astoria Financial Corporation's current Enterprise Value is $5,377.1 Mil.
Astoria Financial Corporation's Earnings Before Interest and Taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2015 was 28.885 (Mar. 2015 ) + 31.583 (Jun. 2015 ) + 29.436 (Sep. 2015 ) + 27.97 (Dec. 2015 ) = $117.9 Mil.

* All numbers are in millions except for per share data and ratio. All numbers are in their own 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).

Astoria Financial Corporation's Earnings Yield (Joel Greenblatt) for the quarter that ended in Dec. 2015 is calculated as:

Earnings Yield (Joel Greenblatt) (Q: Dec. 2015 )=EBIT (TTM)/Enterprise Value (Q: Dec. 2015 )
=117.874/5489.892
=2.15 %

Astoria Financial Corporation's Enterprise Value for the quarter that ended in Dec. 2015 was $5,489.9 Mil.
Astoria Financial Corporation's Earnings Before Interest and Taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2015 was 28.885 (Mar. 2015 ) + 31.583 (Jun. 2015 ) + 29.436 (Sep. 2015 ) + 27.97 (Dec. 2015 ) = $117.9 Mil.

* All numbers are in millions except for per share data and ratio. All numbers are in their own 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 own currency.

Astoria Financial Corporation Annual Data

Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14Dec15
ev2ebit 19.9431.8353.87117.1835.3829.5150.3039.0745.0946.57

Astoria Financial Corporation Quarterly Data

Dec13Mar14Jun14Sep14Dec14Mar15Jun15Sep15Dec15Mar16
ev2ebit 39.0735.8232.9829.6845.0932.2633.0832.9146.570.00
Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)

GuruFocus Premium Plus Membership

FEEDBACK