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First Trust Energy Income & Growth Fund (AMEX:FEN)
EV/EBIT
-1,154.80 (As of Today)

EV/EBIT ratio is calculated as enterprise value divided by its Earnings Before Interest and Taxes (EBIT). As of today, First Trust Energy Income & Growth Fund's enterprise value is $778.34 Mil. First Trust Energy Income & Growth Fund's earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in May. 2015 was $-0.67 Mil. Therefore, First Trust Energy Income & Growth Fund's EV/EBIT ratio for today is -1,154.80.

FEN' s 10-Year EV/EBIT Range
Min: -1447.7   Max: -146.5
Current: 0

-1447.7
-146.5

During the past 5 years, the highest EV/EBIT Ratio of First Trust Energy Income & Growth Fund was -146.50. The lowest was -1447.70. And the median was -219.30.

FEN's EV/EBITis ranked lower than
194% of the 970 Companies
in the Global Asset Management industry.

( Industry Median: 13.41 vs. FEN: 0.00 )

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt). First Trust Energy Income & Growth Fund's enterprise value for the quarter that ended in May. 2015 was $917.05 Mil. First Trust Energy Income & Growth Fund's earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in May. 2015 was $-0.67 Mil. First Trust Energy Income & Growth Fund's Earnings Yield (Joel Greenblatt) for the quarter that ended in May. 2015 was -0.07%.


Definition

First Trust Energy Income & Growth Fund's EV/EBIT for today is calculated as:

EV/EBIT=Enterprise Value (Today)/Earnings Before Interest and Taxes (EBIT) (TTM)
=778.335/-0.674
=-1,154.80

First Trust Energy Income & Growth Fund's current Enterprise Value is $778.34 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. First Trust Energy Income & Growth Fund's Earnings Before Interest and Taxes (EBIT) for the trailing twelve months (TTM) ended in May. 2015 was $-0.67 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).

First Trust Energy Income & Growth Fund's Earnings Yield (Joel Greenblatt) for the quarter that ended in May. 2015 is calculated as:

Earnings Yield (Joel Greenblatt) (Q: May. 2015 )=EBIT (TTM)/Enterprise Value (Q: May. 2015 )
=-0.674/917.0512
=-0.07 %

First Trust Energy Income & Growth Fund's Enterprise Value for the quarter that ended in May. 2015 was $917.05 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. First Trust Energy Income & Growth Fund's Earnings Before Interest and Taxes (EBIT) for the trailing twelve months (TTM) ended in May. 2015 was $-0.67 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.

First Trust Energy Income & Growth Fund Annual Data

Nov10Nov11Nov12Nov13Nov14
ev2ebit 0.000.000.000.000.000.00-174.67-681.46-224.45-1,386.79

First Trust Energy Income & Growth Fund Semi-Annual Data

Nov10May11Nov11May12Nov12May13Nov13May14Nov14May15
ev2ebit 0.000.00-174.670.00-681.460.00-224.450.00-1,386.790.00
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