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AmeriServ Financial Inc (NAS:ASRV)
EV/EBIT
14.42 (As of Today)

EV/EBIT ratio is calculated as enterprise value divided by its EBIT. As of today, AmeriServ Financial Inc's enterprise value is $105.46 Mil. AmeriServ Financial Inc's operating income for the trailing twelve months (TTM) ended in Mar. 2014 was $7.32 Mil. Therefore, AmeriServ Financial Inc's EV/EBIT ratio for today is 14.42.

ASRV' s 10-Year EV/EBIT Range
Min: 6   Max: 1412
Current: 14.42

6
1412

During the past 13 years, the highest EV/EBIT Ratio of AmeriServ Financial Inc was 1412.00. The lowest was 6.00. And the median was 22.85.

ASRV's EV/EBITis ranked higher than
76% of the 1834 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 19.47 vs. ASRV: 14.42 )

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt). AmeriServ Financial Inc's enterprise value for the quarter that ended in Mar. 2014 was $112.73 Mil. AmeriServ Financial Inc's Operating Income for the trailing twelve months (TTM) ended in Mar. 2014 was $7.32 Mil. AmeriServ Financial Inc's Earnings Yield (Joel Greenblatt) for the quarter that ended in Mar. 2014 was 6.49%.


Definition

AmeriServ Financial Inc's EV/EBIT for today is calculated as:

EV/EBIT=Enterprise Value (Today)/Operating Income (TTM)
=105.457/7.315
=14.42

AmeriServ Financial Inc's current Enterprise Value is $105.46 Mil.
AmeriServ Financial Inc's Operating Income for the trailing twelve months (TTM) ended in Mar. 2014 was 1.504 (Jun. 2013 ) + 1.773 (Sep. 2013 ) + 2.719 (Dec. 2013 ) + 1.319 (Mar. 2014 ) = $7.32 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).

AmeriServ Financial Inc's Earnings Yield (Joel Greenblatt) for the quarter that ended in Mar. 2014 is calculated as:

Earnings Yield (Joel Greenblatt) (Q: Mar. 2014 )=Operating Income (TTM)/Enterprise Value (Q: Mar. 2014 )
=7.315/112.73
=6.49 %

AmeriServ Financial Inc's Enterprise Value for the quarter that ended in Mar. 2014 was $112.73 Mil.
AmeriServ Financial Inc's Operating Income for the trailing twelve months (TTM) ended in Mar. 2014 was 1.504 (Jun. 2013 ) + 1.773 (Sep. 2013 ) + 2.719 (Dec. 2013 ) + 1.319 (Mar. 2014 ) = $7.32 Mil.

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


Related Terms

Enterprise Value, Operating Income, Earnings Yield (Joel Greenblatt)


Historical Data

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

AmeriServ Financial Inc Annual Data

Dec04Dec05Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13
ev2ebit 0.000.0053.5930.7827.380.0048.236.5912.8617.04

AmeriServ Financial Inc Quarterly Data

Dec11Mar12Jun12Sep12Dec12Mar13Jun13Sep13Dec13Mar14
ev2ebit 6.597.816.728.4212.8610.3218.5520.0817.0415.41
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