Switch to:
DGSE Companies, Inc. (AMEX:DGSE)
EV/EBIT
2.70 (As of Today)

EV/EBIT ratio is calculated as enterprise value divided by its EBIT. As of today, DGSE Companies, Inc.'s enterprise value is $24.3 Mil. DGSE Companies, Inc.'s operating income for the trailing twelve months (TTM) ended in Dec. 2013 was $-2.4 Mil. Therefore, DGSE Companies, Inc.'s EV/EBIT ratio for today is 2.70.

DGSE' s 10-Year EV/EBIT Range
Min: 7.8   Max: 236
Current: 2.7

7.8
236

During the past 13 years, the highest EV/EBIT Ratio of DGSE Companies, Inc. was 236.00. The lowest was 7.80. And the median was 15.50.

DGSE's EV/EBITis ranked higher than
97% of the 965 Companies
in the Global Specialty Retail industry.

( Industry Median: 13.30 vs. DGSE: 2.70 )

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt). DGSE Companies, Inc.'s enterprise value for the quarter that ended in Dec. 2013 was $25.8 Mil. DGSE Companies, Inc.'s Operating Income for the trailing twelve months (TTM) ended in Dec. 2013 was $-2.4 Mil. DGSE Companies, Inc.'s Earnings Yield (Joel Greenblatt) for the quarter that ended in Dec. 2013 was 0.00%.


Definition

DGSE Companies, Inc.'s EV/EBIT for today is calculated as:

EV/EBIT=Enterprise Value (Today)/Operating Income (TTM)
=24.304/-2.406
=

DGSE Companies, Inc.'s current Enterprise Value is $24.3 Mil.
DGSE Companies, Inc.'s Operating Income for the trailing twelve months (TTM) ended in Dec. 2013 was 0.398 (Mar. 2013 ) + -1.171 (Jun. 2013 ) + -1.154 (Sep. 2013 ) + -0.479 (Dec. 2013 ) = $-2.4 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).

DGSE Companies, Inc.'s Earnings Yield (Joel Greenblatt) for the quarter that ended in Dec. 2013 is calculated as:

Earnings Yield (Joel Greenblatt) (Q: Dec. 2013 )=Operating Income (TTM)/Enterprise Value (Q: Dec. 2013 )
=-2.406/25.8274
= %

DGSE Companies, Inc.'s Enterprise Value for the quarter that ended in Dec. 2013 was $25.8 Mil.
DGSE Companies, Inc.'s Operating Income for the trailing twelve months (TTM) ended in Dec. 2013 was 0.398 (Mar. 2013 ) + -1.171 (Jun. 2013 ) + -1.154 (Sep. 2013 ) + -0.479 (Dec. 2013 ) = $-2.4 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.

DGSE Companies, Inc. Annual Data

Dec04Dec05Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13
ev2ebit 16.0710.8411.9254.328.9124.29171.8113.740.000.00

DGSE Companies, Inc. Quarterly Data

Sep11Dec11Mar12Jun12Sep12Dec12Mar13Jun13Sep13Dec13
ev2ebit 16.4613.7413.030.000.000.000.000.000.000.00
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)
Free 7-day Trial
FEEDBACK
Hide