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ESSA Bancorp Inc (NAS:ESSA)
EV/EBIT
26.02 (As of Today)

EV/EBIT ratio is calculated as enterprise value divided by its EBIT. As of today, ESSA Bancorp Inc's enterprise value is $276.28 Mil. ESSA Bancorp Inc's operating income for the trailing twelve months (TTM) ended in Jun. 2014 was $10.60 Mil. Therefore, ESSA Bancorp Inc's EV/EBIT ratio for today is 26.02.

ESSA' s 10-Year EV/EBIT Range
Min: 20.3   Max: 1367.5
Current: 26.02

20.3
1367.5

During the past 11 years, the highest EV/EBIT Ratio of ESSA Bancorp Inc was 1367.50. The lowest was 20.30. And the median was 64.50.

ESSA's EV/EBITis ranked higher than
64% of the 1834 Companies
in the Global Savings & Cooperative Banks industry.

( Industry Median: 17.74 vs. ESSA: 26.02 )

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt). ESSA Bancorp Inc's enterprise value for the quarter that ended in Jun. 2014 was $328.44 Mil. ESSA Bancorp Inc's Operating Income for the trailing twelve months (TTM) ended in Jun. 2014 was $10.60 Mil. ESSA Bancorp Inc's Earnings Yield (Joel Greenblatt) for the quarter that ended in Jun. 2014 was 3.23%.


Definition

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

EV/EBIT=Enterprise Value (Today)/Operating Income (TTM)
=276.277/10.598
=26.07

ESSA Bancorp Inc's current Enterprise Value is $276.28 Mil.
ESSA Bancorp Inc's Operating Income for the trailing twelve months (TTM) ended in Jun. 2014 was 2.32 (Sep. 2013 ) + 2.62 (Dec. 2013 ) + 2.056 (Mar. 2014 ) + 3.602 (Jun. 2014 ) = $10.60 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).

ESSA Bancorp Inc's Earnings Yield (Joel Greenblatt) for the quarter that ended in Jun. 2014 is calculated as:

Earnings Yield (Joel Greenblatt) (Q: Jun. 2014 )=Operating Income (TTM)/Enterprise Value (Q: Jun. 2014 )
=10.598/328.435
=3.23 %

ESSA Bancorp Inc's Enterprise Value for the quarter that ended in Jun. 2014 was $328.44 Mil.
ESSA Bancorp Inc's Operating Income for the trailing twelve months (TTM) ended in Jun. 2014 was 2.32 (Sep. 2013 ) + 2.62 (Dec. 2013 ) + 2.056 (Mar. 2014 ) + 3.602 (Jun. 2014 ) = $10.60 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.

ESSA Bancorp Inc Annual Data

Sep04Sep05Sep06Sep07Sep08Sep09Sep10Sep11Sep12Sep13
ev2ebit 0.000.000.000.0069.0367.8478.4852.521,433.0021.42

ESSA Bancorp Inc Quarterly Data

Mar12Jun12Sep12Dec12Mar13Jun13Sep13Dec13Mar14Jun14
ev2ebit 58.2664.411,433.00107.1857.4944.2221.4229.9228.7930.99
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