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

EV/EBIT ratio is calculated as enterprise value divided by its Earnings Before Interest and Taxes (EBIT). As of today, Chimera Investment Corp's enterprise value is $7,706.70 Mil. Chimera Investment Corp's earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2015 was $798.48 Mil. Therefore, Chimera Investment Corp's EV/EBIT ratio for today is 9.65.

CIM' s 10-Year EV/EBIT Range
Min: -115.9   Max: -49.9
Current: 9.61

-115.9
-49.9

During the past 8 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
82% of the 542 Companies
in the Global REIT - Diversified industry.

( Industry Median: 20.59 vs. CIM: 9.61 )

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt). Chimera Investment Corp's enterprise value for the quarter that ended in Jun. 2015 was $7,659.44 Mil. Chimera Investment Corp's earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2015 was $798.48 Mil. Chimera Investment Corp's Earnings Yield (Joel Greenblatt) for the quarter that ended in Jun. 2015 was 10.42%.


Definition

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

EV/EBIT=Enterprise Value (Today)/Earnings Before Interest and Taxes (EBIT) (TTM)
=7706.701/798.477
=9.65

Chimera Investment Corp's current Enterprise Value is $7,706.70 Mil.
Chimera Investment Corp's Earnings Before Interest and Taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2015 was 416.466 (Sep. 2014 ) + 72.282 (Dec. 2014 ) + 127.498 (Mar. 2015 ) + 182.231 (Jun. 2015 ) = $798.48 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 Jun. 2015 is calculated as:

Earnings Yield (Joel Greenblatt) (Q: Jun. 2015 )=EBIT (TTM)/Enterprise Value (Q: Jun. 2015 )
=798.477/7659.4428
=10.42 %

Chimera Investment Corp's Enterprise Value for the quarter that ended in Jun. 2015 was $7,659.44 Mil.
Chimera Investment Corp's Earnings Before Interest and Taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2015 was 416.466 (Sep. 2014 ) + 72.282 (Dec. 2014 ) + 127.498 (Mar. 2015 ) + 182.231 (Jun. 2015 ) = $798.48 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.

Chimera Investment Corp Annual Data

Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14
ev2ebit 0.000.000.00-19.5418.6014.6015.4510.0510.1411.12

Chimera Investment Corp Quarterly Data

Mar13Jun13Sep13Dec13Mar14Jun14Sep14Dec14Mar15Jun15
ev2ebit 10.827.319.7610.149.5410.5810.4611.1210.769.59
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