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Fortress Investment Group LLC (NYSE:FIG)
EV/EBIT
7.96 (As of Today)

EV/EBIT ratio is calculated as enterprise value divided by its Earnings Before Interest and Taxes (EBIT). As of today, Fortress Investment Group LLC's enterprise value is $2,878 Mil. Fortress Investment Group LLC's earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2015 was $362 Mil. Therefore, Fortress Investment Group LLC's EV/EBIT ratio for today is 7.96.

FIG' s 10-Year EV/EBIT Range
Min: -103.3   Max: 66.4
Current: 7.97

-103.3
66.4

During the past 13 years, the highest EV/EBIT Ratio of Fortress Investment Group LLC was 66.40. The lowest was -103.30. And the median was -2.00.

FIG's EV/EBITis ranked higher than
71% of the 967 Companies
in the Global Asset Management industry.

( Industry Median: 14.13 vs. FIG: 7.97 )

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt). Fortress Investment Group LLC's enterprise value for the quarter that ended in Mar. 2015 was $3,439 Mil. Fortress Investment Group LLC's earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2015 was $362 Mil. Fortress Investment Group LLC's Earnings Yield (Joel Greenblatt) for the quarter that ended in Mar. 2015 was 10.52%.


Definition

Fortress Investment Group LLC's EV/EBIT for today is calculated as:

EV/EBIT=Enterprise Value (Today)/Earnings Before Interest and Taxes (EBIT) (TTM)
=2878.344/361.781
=7.96

Fortress Investment Group LLC's current Enterprise Value is $2,878 Mil.
Fortress Investment Group LLC's Earnings Before Interest and Taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2015 was 80.805 (Jun. 2014 ) + 21.79 (Sep. 2014 ) + 153.028 (Dec. 2014 ) + 106.158 (Mar. 2015 ) = $362 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).

Fortress Investment Group LLC'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 )
=361.781/3439.3293
=10.52 %

Fortress Investment Group LLC's Enterprise Value for the quarter that ended in Mar. 2015 was $3,439 Mil.
Fortress Investment Group LLC's Earnings Before Interest and Taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2015 was 80.805 (Jun. 2014 ) + 21.79 (Sep. 2014 ) + 153.028 (Dec. 2014 ) + 106.158 (Mar. 2015 ) = $362 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.

Fortress Investment Group LLC Annual Data

Dec05Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14
ev2ebit 0.000.00-27.54-0.20-2.87-4.61-2.059.818.3324.78

Fortress Investment Group LLC Quarterly Data

Dec12Mar13Jun13Sep13Dec13Mar14Jun14Sep14Dec14Mar15
ev2ebit 9.819.9710.459.478.339.017.588.4124.789.51
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