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Focus Media Holding, Ltd. (NAS:FMCN)
EV/EBIT
0.00 (As of Today)

EV/EBIT ratio is calculated as enterprise value divided by its EBIT. As of today, Focus Media Holding, Ltd.'s enterprise value is $2,974.2 Mil. Focus Media Holding, Ltd.'s operating income for the trailing twelve months (TTM) ended in Dec. 2012 was $314.3 Mil. Therefore, Focus Media Holding, Ltd.'s EV/EBIT ratio for today is 0.00.

FMCN' s 10-Year EV/EBIT Range
Min: 0   Max: 0
Current: 0

FMCN's EV/EBITis ranked lower than
54% of the 238 Companies
in the Global Advertising Agencies industry.

( Industry Median: 24.97 vs. FMCN: 0.00 )

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt). Focus Media Holding, Ltd.'s enterprise value for the quarter that ended in Dec. 2012 was $2,770.6 Mil. Focus Media Holding, Ltd.'s Operating Income for the trailing twelve months (TTM) ended in Dec. 2012 was $314.3 Mil. Focus Media Holding, Ltd.'s Earnings Yield (Joel Greenblatt) for the quarter that ended in Dec. 2012 was 11.07%.


Definition

Focus Media Holding, Ltd.'s EV/EBIT for today is calculated as:

EV/EBIT=Enterprise Value (Today)/Operating Income (TTM)
=2974.211/314.341
=9.46

Focus Media Holding, Ltd.'s current Enterprise Value is $2,974.2 Mil.
Focus Media Holding, Ltd.'s Operating Income for the trailing twelve months (TTM) ended in Dec. 2012 was 53.494 (Mar. 2012 ) + 63.861 (Jun. 2012 ) + 99.065 (Sep. 2012 ) + 97.921 (Dec. 2012 ) = $314.3 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).

Focus Media Holding, Ltd.'s Earnings Yield (Joel Greenblatt) for the quarter that ended in Dec. 2012 is calculated as:

Earnings Yield (Joel Greenblatt) (Q: Dec. 2012 )=Operating Income (TTM)/Enterprise Value (Q: Dec. 2012 )
=314.341/2770.57504
=11.35 %

Focus Media Holding, Ltd.'s Enterprise Value for the quarter that ended in Dec. 2012 was $2,770.6 Mil.
Focus Media Holding, Ltd.'s Operating Income for the trailing twelve months (TTM) ended in Dec. 2012 was 53.494 (Mar. 2012 ) + 63.861 (Jun. 2012 ) + 99.065 (Sep. 2012 ) + 97.921 (Dec. 2012 ) = $314.3 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.

Focus Media Holding, Ltd. Annual Data

Dec03Dec04Dec05Dec06Dec07Dec08Dec09Dec10Dec11Dec12
ev2ebit 0.000.000.0045.100.000.000.0019.839.849.03

Focus Media Holding, Ltd. Quarterly Data

Sep10Dec10Mar11Jun11Sep11Dec11Mar12Jun12Sep12Dec12
ev2ebit 50.2019.8321.3821.399.879.84-0.81-1.149.039.03
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