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

EV/EBIT ratio is calculated as enterprise value divided by its Earnings Before Interest and Taxes (EBIT). As of today, Century Casinos Inc's enterprise value is $171.8 Mil. Century Casinos Inc's earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2015 was $4.7 Mil. Therefore, Century Casinos Inc's EV/EBIT ratio for today is 36.26.

CNTY' s 10-Year EV/EBIT Range
Min: -337.4   Max: 104.5
Current: 36.27

-337.4
104.5

During the past 13 years, the highest EV/EBIT Ratio of Century Casinos Inc was 104.50. The lowest was -337.40. And the median was 21.50.

CNTY's EV/EBITis ranked lower than
79% of the 576 Companies
in the Global Resorts & Casinos industry.

( Industry Median: 17.93 vs. CNTY: 36.27 )

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt). Century Casinos Inc's enterprise value for the quarter that ended in Mar. 2015 was $152.5 Mil. Century Casinos Inc's earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2015 was $4.7 Mil. Century Casinos Inc's Earnings Yield (Joel Greenblatt) for the quarter that ended in Mar. 2015 was 3.11%.


Definition

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

EV/EBIT=Enterprise Value (Today)/Earnings Before Interest and Taxes (EBIT) (TTM)
=171.786/4.737
=36.26

Century Casinos Inc's current Enterprise Value is $171.8 Mil.
Century Casinos Inc's Earnings Before Interest and Taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2015 was 0.414 (Jun. 2014 ) + 0.926 (Sep. 2014 ) + 0.788 (Dec. 2014 ) + 2.609 (Mar. 2015 ) = $4.7 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 Mar. 2015 is calculated as:

Earnings Yield (Joel Greenblatt) (Q: Mar. 2015 )=EBIT (TTM)/Enterprise Value (Q: Mar. 2015 )
=4.737/152.524
=3.11 %

Century Casinos Inc's Enterprise Value for the quarter that ended in Mar. 2015 was $152.5 Mil.
Century Casinos Inc's Earnings Before Interest and Taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2015 was 0.414 (Jun. 2014 ) + 0.926 (Sep. 2014 ) + 0.788 (Dec. 2014 ) + 2.609 (Mar. 2015 ) = $4.7 Mil.

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


Related Terms

Enterprise Value, 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.

Century Casinos Inc Annual Data

Dec05Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14
ev2ebit 28.9530.3548.59-4.44-5.2620.459.878.1816.9243.22

Century Casinos Inc Quarterly Data

Dec12Mar13Jun13Sep13Dec13Mar14Jun14Sep14Dec14Mar15
ev2ebit 8.187.578.7015.0016.9225.5044.5747.1943.2232.20
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