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Century Casinos Inc (NAS:CNTY)
EV/EBIT
52.13 (As of Today)

EV/EBIT ratio is calculated as enterprise value divided by its EBIT. As of today, Century Casinos Inc's enterprise value is $138.6 Mil. Century Casinos Inc's operating income for the trailing twelve months (TTM) ended in Jun. 2014 was $2.7 Mil. Therefore, Century Casinos Inc's EV/EBIT ratio for today is 52.13.

CNTY' s 10-Year EV/EBIT Range
Min: 7.1   Max: 93.3
Current: 52.13

7.1
93.3

During the past 13 years, the highest EV/EBIT Ratio of Century Casinos Inc was 93.30. The lowest was 7.10. And the median was 21.50.

CNTY's EV/EBITis ranked higher than
63% of the 921 Companies
in the Global Resorts & Casinos industry.

( Industry Median: 22.12 vs. CNTY: 52.13 )

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt). Century Casinos Inc's enterprise value for the quarter that ended in Jun. 2014 was $160.1 Mil. Century Casinos Inc's Operating Income for the trailing twelve months (TTM) ended in Jun. 2014 was $2.7 Mil. Century Casinos Inc's Earnings Yield (Joel Greenblatt) for the quarter that ended in Jun. 2014 was 1.66%.


Definition

Century Casinos Inc's EV/EBIT for today is calculated as:

EV/EBIT=Enterprise Value (Today)/Operating Income (TTM)
=138.608/2.659
=52.13

Century Casinos Inc's current Enterprise Value is $138.6 Mil.
Century Casinos Inc's Operating Income for the trailing twelve months (TTM) ended in Jun. 2014 was 1.37 (Sep. 2013 ) + -0.016 (Dec. 2013 ) + 0.983 (Mar. 2014 ) + 0.322 (Jun. 2014 ) = $2.7 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).

Century Casinos Inc's Earnings Yield (Joel Greenblatt) for the quarter that ended in Jun. 2014 is calculated as:

Earnings Yield (Joel Greenblatt) (Q: Jun. 2014 )=Operating Income (TTM)/Enterprise Value (Q: Jun. 2014 )
=2.659/160.0942
=1.66 %

Century Casinos Inc's Enterprise Value for the quarter that ended in Jun. 2014 was $160.1 Mil.
Century Casinos Inc's Operating Income for the trailing twelve months (TTM) ended in Jun. 2014 was 1.37 (Sep. 2013 ) + -0.016 (Dec. 2013 ) + 0.983 (Mar. 2014 ) + 0.322 (Jun. 2014 ) = $2.7 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.

Century Casinos Inc Annual Data

Dec04Dec05Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13
ev2ebit 20.2030.7093.3618.590.000.0056.8610.398.2025.77

Century Casinos Inc Quarterly Data

Mar12Jun12Sep12Dec12Mar13Jun13Sep13Dec13Mar14Jun14
ev2ebit 10.318.537.638.207.6011.6220.2225.7742.8060.21
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