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Golar LNG Ltd (NAS:GLNG)
EV/EBIT
94.85 (As of Today)

EV/EBIT ratio is calculated as enterprise value divided by its EBIT. As of today, Golar LNG Ltd's enterprise value is $5,481.03 Mil. Golar LNG Ltd's operating income for the trailing twelve months (TTM) ended in Mar. 2014 was $57.14 Mil. Therefore, Golar LNG Ltd's EV/EBIT ratio for today is 94.85.

GLNG' s 10-Year EV/EBIT Range
Min: 6   Max: 95.2
Current: 94.85

6
95.2

During the past 13 years, the highest EV/EBIT Ratio of Golar LNG Ltd was 95.20. The lowest was 6.00. And the median was 19.55.

GLNG's EV/EBITis ranked higher than
58% of the 1101 Companies
in the Global Shipping & Ports industry.

( Industry Median: 20.44 vs. GLNG: 94.85 )

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt). Golar LNG Ltd's enterprise value for the quarter that ended in Mar. 2014 was $3,935.93 Mil. Golar LNG Ltd's Operating Income for the trailing twelve months (TTM) ended in Mar. 2014 was $57.14 Mil. Golar LNG Ltd's Earnings Yield (Joel Greenblatt) for the quarter that ended in Mar. 2014 was 1.45%.


Definition

Golar LNG Ltd's EV/EBIT for today is calculated as:

EV/EBIT=Enterprise Value (Today)/Operating Income (TTM)
=5481.032/57.139
=95.92

Golar LNG Ltd's current Enterprise Value is $5,481.03 Mil.
Golar LNG Ltd's Operating Income for the trailing twelve months (TTM) ended in Mar. 2014 was -0.617 (Jun. 2013 ) + -11.984 (Sep. 2013 ) + 49.018 (Dec. 2013 ) + 20.722 (Mar. 2014 ) = $57.14 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).

Golar LNG Ltd's Earnings Yield (Joel Greenblatt) for the quarter that ended in Mar. 2014 is calculated as:

Earnings Yield (Joel Greenblatt) (Q: Mar. 2014 )=Operating Income (TTM)/Enterprise Value (Q: Mar. 2014 )
=57.139/3935.9318
=1.45 %

Golar LNG Ltd's Enterprise Value for the quarter that ended in Mar. 2014 was $3,935.93 Mil.
Golar LNG Ltd's Operating Income for the trailing twelve months (TTM) ended in Mar. 2014 was -0.617 (Jun. 2013 ) + -11.984 (Sep. 2013 ) + 49.018 (Dec. 2013 ) + 20.722 (Mar. 2014 ) = $57.14 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.

Golar LNG Ltd Annual Data

Dec04Dec05Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13
ev2ebit 32.8138.0523.4919.3514.9279.4336.9438.4114.9930.63

Golar LNG Ltd Quarterly Data

Dec11Mar12Jun12Sep12Dec12Mar13Jun13Sep13Dec13Mar14
ev2ebit 38.4133.4426.4623.0114.9912.0314.5130.7830.6368.88
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