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Chimera Investment Corp (NYSE:CIM)
EV/EBIT
-200.47 (As of Today)

EV/EBIT ratio is calculated as enterprise value divided by its EBIT. As of today, Chimera Investment Corp's enterprise value is $8,254.00 Mil. Chimera Investment Corp's operating income for the trailing twelve months (TTM) ended in Sep. 2014 was $-41.17 Mil. Therefore, Chimera Investment Corp's EV/EBIT ratio for today is -200.47.

CIM' s 10-Year EV/EBIT Range
Min: -115.9   Max: -49.9
Current: -200.72

-115.9
-49.9

During the past 7 years, the highest EV/EBIT Ratio of Chimera Investment Corp was -49.90. The lowest was -115.90. And the median was -65.00.

CIM's EV/EBITis ranked higher than
52% of the 920 Companies
in the Global REIT - Diversified industry.

( Industry Median: 33.35 vs. CIM: -200.72 )

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt). Chimera Investment Corp's enterprise value for the quarter that ended in Sep. 2014 was $7,976.33 Mil. Chimera Investment Corp's Operating Income for the trailing twelve months (TTM) ended in Sep. 2014 was $-41.17 Mil. Chimera Investment Corp's Earnings Yield (Joel Greenblatt) for the quarter that ended in Sep. 2014 was -0.52%.


Definition

Chimera Investment Corp's EV/EBIT for today is calculated as:

EV/EBIT=Enterprise Value (Today)/Operating Income (TTM)
=8253.995/-41.173
=-200.47

Chimera Investment Corp's current Enterprise Value is $8,254.00 Mil.
Chimera Investment Corp's Operating Income for the trailing twelve months (TTM) ended in Sep. 2014 was -8.514 (Dec. 2013 ) + -9.595 (Mar. 2014 ) + -10.531 (Jun. 2014 ) + -12.533 (Sep. 2014 ) = $-41.17 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).

Chimera Investment Corp's Earnings Yield (Joel Greenblatt) for the quarter that ended in Sep. 2014 is calculated as:

Earnings Yield (Joel Greenblatt) (Q: Sep. 2014 )=Operating Income (TTM)/Enterprise Value (Q: Sep. 2014 )
=-41.173/7976.3258
=-0.52 %

Chimera Investment Corp's Enterprise Value for the quarter that ended in Sep. 2014 was $7,976.33 Mil.
Chimera Investment Corp's Operating Income for the trailing twelve months (TTM) ended in Sep. 2014 was -8.514 (Dec. 2013 ) + -9.595 (Mar. 2014 ) + -10.531 (Jun. 2014 ) + -12.533 (Sep. 2014 ) = $-41.17 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.

Chimera Investment Corp Annual Data

Dec07Dec08Dec09Dec10Dec11Dec12Dec13
ev2ebit 0.000.000.000.00-32.76-150.38-166.60-78.19-77.19-138.18

Chimera Investment Corp Quarterly Data

Jun12Sep12Dec12Mar13Jun13Sep13Dec13Mar14Jun14Sep14
ev2ebit -77.12-71.48-77.19-89.49-87.41-120.95-138.18-135.08-121.96-193.73
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