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Gyrodyne LLC (NAS:GYRO)
EV/EBIT
-9.64 (As of Today)

EV/EBIT ratio is calculated as enterprise value divided by its Earnings Before Interest and Taxes (EBIT). As of today, Gyrodyne LLC's enterprise value is $18.48 Mil. Gyrodyne LLC's earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2016 was $-1.92 Mil. Therefore, Gyrodyne LLC's EV/EBIT ratio for today is -9.64.

During the past 13 years, the highest EV/EBIT Ratio of Gyrodyne LLC was 2063.60. The lowest was -409.20. And the median was -10.50.

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt). Gyrodyne LLC's enterprise value for the quarter that ended in Jun. 2016 was $20.86 Mil. Gyrodyne LLC's earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2016 was $-1.92 Mil. Gyrodyne LLC's Earnings Yield (Joel Greenblatt) for the quarter that ended in Jun. 2016 was -9.19%.


Definition

Gyrodyne LLC's EV/EBIT for today is calculated as:

EV/EBIT=Enterprise Value (Today)/Earnings Before Interest and Taxes (EBIT) (TTM)
=18.475/-1.917
=-9.64

Gyrodyne LLC's current Enterprise Value is $18.48 Mil.
Gyrodyne LLC's Earnings Before Interest and Taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2016 was -0.674 (Dec. 2014 ) + -0.523 (Mar. 2015 ) + -0.72 (Jun. 2015 ) + 0 (Jun. 2016 ) = $-1.92 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).

Gyrodyne LLC's Earnings Yield (Joel Greenblatt) for the quarter that ended in Jun. 2016 is calculated as:

Earnings Yield (Joel Greenblatt) (Q: Jun. 2016 )=EBIT (TTM)/Enterprise Value (Q: Jun. 2016 )
=-1.917/20.8642
=-9.19 %

Gyrodyne LLC's Enterprise Value for the quarter that ended in Jun. 2016 was $20.86 Mil.
Gyrodyne LLC's Earnings Before Interest and Taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2016 was -0.674 (Dec. 2014 ) + -0.523 (Mar. 2015 ) + -0.72 (Jun. 2015 ) + 0 (Jun. 2016 ) = $-1.92 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.

Gyrodyne LLC Annual Data

Apr05Apr06Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14
ev2ebit -252.64-22.60-26.06-69.76-43.74783.782,156.840.06-2.41-10.46

Gyrodyne LLC Quarterly Data

Jun13Sep13Dec13Mar14Jun14Sep14Dec14Mar15Jun15Jun16
ev2ebit -1.47-1.15-2.41-1.02-1.93-4.63-10.46-10.52-9.560.00
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