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Forest City Enterprises Inc (NYSE:FCE.A)
EV/EBIT
192.86 (As of Today)

EV/EBIT ratio is calculated as enterprise value divided by its Earnings Before Interest and Taxes (EBIT). As of today, Forest City Enterprises Inc's enterprise value is $9,868.9 Mil. Forest City Enterprises Inc's earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2015 was $51.2 Mil. Therefore, Forest City Enterprises Inc's EV/EBIT ratio for today is 192.86.

FCE.A' s 10-Year EV/EBIT Range
Min: -56.9   Max: 468.8
Current: 192.87

-56.9
468.8

During the past 13 years, the highest EV/EBIT Ratio of Forest City Enterprises Inc was 468.80. The lowest was -56.90. And the median was 42.00.

FCE.A's EV/EBITis ranked lower than
95% of the 1168 Companies
in the Global Real Estate - General industry.

( Industry Median: 14.28 vs. FCE.A: 192.87 )

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt). Forest City Enterprises Inc's enterprise value for the quarter that ended in Mar. 2015 was $10,352.1 Mil. Forest City Enterprises Inc's earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2015 was $51.2 Mil. Forest City Enterprises Inc's Earnings Yield (Joel Greenblatt) for the quarter that ended in Mar. 2015 was 0.49%.


Definition

Forest City Enterprises Inc's EV/EBIT for today is calculated as:

EV/EBIT=Enterprise Value (Today)/Earnings Before Interest and Taxes (EBIT) (TTM)
=9868.895/51.171
=192.86

Forest City Enterprises Inc's current Enterprise Value is $9,868.9 Mil.
Forest City Enterprises Inc's Earnings Before Interest and Taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2015 was -115.947 (Jun. 2014 ) + 35.483 (Sep. 2014 ) + 144.561 (Dec. 2014 ) + -12.926 (Mar. 2015 ) = $51.2 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).

Forest City Enterprises Inc's Earnings Yield (Joel Greenblatt) for the quarter that ended in Mar. 2015 is calculated as:

Earnings Yield (Joel Greenblatt) (Q: Mar. 2015 )=EBIT (TTM)/Enterprise Value (Q: Mar. 2015 )
=51.171/10352.0848
=0.49 %

Forest City Enterprises Inc's Enterprise Value for the quarter that ended in Mar. 2015 was $10,352.1 Mil.
Forest City Enterprises Inc's Earnings Before Interest and Taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2015 was -115.947 (Jun. 2014 ) + 35.483 (Sep. 2014 ) + 144.561 (Dec. 2014 ) + -12.926 (Mar. 2015 ) = $51.2 Mil.

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.


Related Terms

Enterprise Value, Earnings Yield (Joel Greenblatt), Earnings Before Interest and Taxes (EBIT)


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.

Forest City Enterprises Inc Annual Data

Jan05Jan06Jan07Jan08Jan09Jan10Jan11Jan12Jan13Dec14
ev2ebit 29.0530.3639.7634.6335.2931.7122.7165.6455.9994.19

Forest City Enterprises Inc Quarterly Data

Jan13Mar13Apr13Jul13Oct13Mar14Jun14Sep14Dec14Mar15
ev2ebit 55.9927.8486.1383.7627.3525.0641.6240.1594.19202.30
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