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

EV/EBIT ratio is calculated as enterprise value divided by its Earnings Before Interest and Taxes (EBIT). As of today, ECB Bancorp Inc's enterprise value is \$117.32 Mil. ECB Bancorp Inc's earnings before interest and taxes (EBIT) 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 166.65.

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 earnings before interest and taxes (EBIT) 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) / Earnings Before Interest and Taxes (EBIT) (TTM) = 117.322 / 0.704 = 166.65

ECB Bancorp Inc's current Enterprise Value is \$117.32 Mil.
ECB Bancorp Inc's Earnings Before Interest and Taxes (EBIT) 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 ) = EBIT (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 Earnings Before Interest and Taxes (EBIT) 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

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

 Dec02 Dec03 Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 ev2ebit 14.43 13.88 16.03 11.11 11.95 14.75 28.15 72.25 956.76 -25.81

ECB Bancorp Inc Quarterly Data

 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 ev2ebit 1,063.29 230.47 956.76 0.00 0.00 0.00 0.00 0.00 0.00 147.88
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