Switch to:
Eldorado Gold Corp (NYSE:EGO)
EV/EBIT
31.30 (As of Today)

EV/EBIT ratio is calculated as enterprise value divided by its EBIT. As of today, Eldorado Gold Corp's enterprise value is $4,120 Mil. Eldorado Gold Corp's operating income for the trailing twelve months (TTM) ended in Dec. 2013 was $-447 Mil. Therefore, Eldorado Gold Corp's EV/EBIT ratio for today is 31.30.

EGO' s 10-Year EV/EBIT Range
Min: 11.8   Max: 31.2
Current: 31.3

11.8
31.2

During the past 13 years, the highest EV/EBIT Ratio of Eldorado Gold Corp was 31.20. The lowest was 11.80. And the median was 17.70.

EGO's EV/EBITis ranked lower than
62% of the 1059 Companies
in the Global Gold industry.

( Industry Median: 11.90 vs. EGO: 31.30 )

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt). Eldorado Gold Corp's enterprise value for the quarter that ended in Dec. 2013 was $4,321 Mil. Eldorado Gold Corp's Operating Income for the trailing twelve months (TTM) ended in Dec. 2013 was $-447 Mil. Eldorado Gold Corp's Earnings Yield (Joel Greenblatt) for the quarter that ended in Dec. 2013 was 0.00%.


Definition

Eldorado Gold Corp's EV/EBIT for today is calculated as:

EV/EBIT=Enterprise Value (Today)/Operating Income (TTM)
=4120.218/-447.23
=

Eldorado Gold Corp's current Enterprise Value is $4,120 Mil.
Eldorado Gold Corp's Operating Income for the trailing twelve months (TTM) ended in Dec. 2013 was 136.97 (Mar. 2013 ) + 77.253 (Jun. 2013 ) + 98.061 (Sep. 2013 ) + -759.514 (Dec. 2013 ) = $-447 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).

Eldorado Gold Corp'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 )
=-447.23/4321.445
= %

Eldorado Gold Corp's Enterprise Value for the quarter that ended in Dec. 2013 was $4,321 Mil.
Eldorado Gold Corp's Operating Income for the trailing twelve months (TTM) ended in Dec. 2013 was 136.97 (Mar. 2013 ) + 77.253 (Jun. 2013 ) + 98.061 (Sep. 2013 ) + -759.514 (Dec. 2013 ) = $-447 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.

Eldorado Gold Corp Annual Data

Dec04Dec05Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13
ev2ebit 0.000.000.000.000.000.000.0013.5318.380.00

Eldorado Gold Corp Quarterly Data

Sep11Dec11Mar12Jun12Sep12Dec12Mar13Jun13Sep13Dec13
ev2ebit 20.2113.5315.1617.4423.5518.380.000.000.000.00
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