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ECB Bancorp Inc (AMEX:ECBE)
EV/EBIT
26.72 (As of Today)

EV/EBIT ratio is calculated as enterprise value divided by its EBIT. As of today, ECB Bancorp Inc's enterprise value is $117.32 Mil. ECB Bancorp Inc's operating income for the trailing twelve months (TTM) ended in Sep. 2012 was $0.70 Mil. Therefore, ECB Bancorp Inc's EV/EBIT ratio for today is 26.72.

ECBE' s 10-Year EV/EBIT Range
Min: 8   Max: 625.3
Current: 26.72

8
625.3

During the past 13 years, the highest EV/EBIT Ratio of ECB Bancorp Inc was 625.30. The lowest was 8.00. And the median was 53.30.

ECBE's EV/EBITis ranked lower than
67% of the 1833 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 18.36 vs. ECBE: 26.72 )

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt). ECB Bancorp Inc's enterprise value for the quarter that ended in Sep. 2012 was $104.12 Mil. ECB Bancorp Inc's Operating Income for the trailing twelve months (TTM) ended in Sep. 2012 was $0.70 Mil. ECB Bancorp Inc's Earnings Yield (Joel Greenblatt) for the quarter that ended in Sep. 2012 was 0.68%.


Definition

ECB Bancorp Inc's EV/EBIT for today is calculated as:

EV/EBIT=Enterprise Value (Today)/Operating Income (TTM)
=117.322/0.704
=166.65

ECB Bancorp Inc's current Enterprise Value is $117.32 Mil.
ECB Bancorp Inc's Operating Income for the trailing twelve months (TTM) ended in Sep. 2012 was -2.871 (Dec. 2011 ) + 0.349 (Mar. 2012 ) + 0.756 (Jun. 2012 ) + 2.47 (Sep. 2012 ) = $0.70 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).

ECB Bancorp Inc's Earnings Yield (Joel Greenblatt) for the quarter that ended in Sep. 2012 is calculated as:

Earnings Yield (Joel Greenblatt) (Q: Sep. 2012 )=Operating Income (TTM)/Enterprise Value (Q: Sep. 2012 )
=0.704/104.1235
=0.68 %

ECB Bancorp Inc's Enterprise Value for the quarter that ended in Sep. 2012 was $104.12 Mil.
ECB Bancorp Inc's Operating Income for the trailing twelve months (TTM) ended in Sep. 2012 was -2.871 (Dec. 2011 ) + 0.349 (Mar. 2012 ) + 0.756 (Jun. 2012 ) + 2.47 (Sep. 2012 ) = $0.70 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.

ECB Bancorp Inc Annual Data

Dec02Dec03Dec04Dec05Dec06Dec07Dec08Dec09Dec10Dec11
ev2ebit 14.4313.8816.0311.1111.9514.7528.1572.25956.760.00

ECB Bancorp Inc Quarterly Data

Jun10Sep10Dec10Mar11Jun11Sep11Dec11Mar12Jun12Sep12
ev2ebit 1,063.29230.47956.760.000.000.000.000.000.00147.88
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