Switch to:
Majesco Entertainment Co (NAS:COOL)
EV/EBIT
-2.41 (As of Today)

EV/EBIT ratio is calculated as enterprise value divided by its Earnings Before Interest and Taxes (EBIT). As of today, Majesco Entertainment Co's enterprise value is $12.27 Mil. Majesco Entertainment Co's earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jul. 2016 was $-5.09 Mil. Therefore, Majesco Entertainment Co's EV/EBIT ratio for today is -2.41.

During the past 13 years, the highest EV/EBIT Ratio of Majesco Entertainment Co was 49.00. The lowest was -208.60. And the median was -0.60.

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt). Majesco Entertainment Co's enterprise value for the quarter that ended in Jul. 2016 was $15.26 Mil. Majesco Entertainment Co's earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jul. 2016 was $-5.09 Mil. Majesco Entertainment Co's Earnings Yield (Joel Greenblatt) for the quarter that ended in Jul. 2016 was -33.33%.


Definition

Majesco Entertainment Co's EV/EBIT for today is calculated as:

EV/EBIT=Enterprise Value (Today)/Earnings Before Interest and Taxes (EBIT) (TTM)
=12.272/-5.086
=-2.41

Majesco Entertainment Co's current Enterprise Value is $12.27 Mil.
Majesco Entertainment Co's Earnings Before Interest and Taxes (EBIT) for the trailing twelve months (TTM) ended in Jul. 2016 was -0.704 (Oct. 2015 ) + -0.654 (Jan. 2016 ) + -1.078 (Apr. 2016 ) + -2.65 (Jul. 2016 ) = $-5.09 Mil.

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's 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).

Majesco Entertainment Co's Earnings Yield (Joel Greenblatt) for the quarter that ended in Jul. 2016 is calculated as:

Earnings Yield (Joel Greenblatt) (Q: Jul. 2016 )=EBIT (TTM)/Enterprise Value (Q: Jul. 2016 )
=-5.086/15.2598
=-33.33 %

Majesco Entertainment Co's Enterprise Value for the quarter that ended in Jul. 2016 was $15.26 Mil.
Majesco Entertainment Co's Earnings Before Interest and Taxes (EBIT) for the trailing twelve months (TTM) ended in Jul. 2016 was -0.704 (Oct. 2015 ) + -0.654 (Jan. 2016 ) + -1.078 (Apr. 2016 ) + -2.65 (Jul. 2016 ) = $-5.09 Mil.

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's 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 local exchange's currency.

Majesco Entertainment Co Annual Data

Oct06Oct07Oct08Oct09Oct10Oct11Oct12Oct13Oct14Oct15
ev2ebit -8.47-11.592.76-3.95-10.1214.694.25-1.20-0.10-2.03

Majesco Entertainment Co Quarterly Data

Apr14Jul14Oct14Jan15Apr15Jul15Oct15Jan16Apr16Jul16
ev2ebit -0.47-0.07-0.100.16-0.81-1.60-2.03-3.70-4.52-3.00
Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)
FEEDBACK