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Hingham Institution Savings (NAS:HIFS)
EV/EBIT
15.40 (As of Today)

EV/EBIT ratio is calculated as enterprise value divided by its EBIT. As of today, Hingham Institution Savings's enterprise value is $345.04 Mil. Hingham Institution Savings's operating income for the trailing twelve months (TTM) ended in Sep. 2013 was $22.40 Mil. Therefore, Hingham Institution Savings's EV/EBIT ratio for today is 15.40.

HIFS' s 10-Year EV/EBIT Range
Min: 10.8   Max: 41
Current: 15.12

10.8
41

During the past 13 years, the highest EV/EBIT Ratio of Hingham Institution Savings was 41.00. The lowest was 10.80. And the median was 18.10.

HIFS's EV/EBITis ranked higher than
77% of the 2686 Companies
in the Global Savings & Cooperative Banks industry.

( Industry Median: 19.66 vs. HIFS: 15.12 )

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt). Hingham Institution Savings's enterprise value for the quarter that ended in Sep. 2013 was $148.91 Mil. Hingham Institution Savings's Operating Income for the trailing twelve months (TTM) ended in Sep. 2013 was $22.40 Mil. Hingham Institution Savings's Earnings Yield (Joel Greenblatt) for the quarter that ended in Sep. 2013 was 15.04%.


Definition

Hingham Institution Savings's EV/EBIT for today is calculated as:

EV/EBIT=Enterprise Value (Today)/Operating Income (TTM)
=345.043/22.401
=15.40

Hingham Institution Savings's current Enterprise Value is $345.04 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Hingham Institution Savings's Operating Income for the trailing twelve months (TTM) ended in Sep. 2013 was $22.40 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).

Hingham Institution Savings's Earnings Yield (Joel Greenblatt) for the quarter that ended in Sep. 2013 is calculated as:

Earnings Yield (Joel Greenblatt) (Q: Sep. 2013 )=Operating Income (TTM)/Enterprise Value (Q: Sep. 2013 )
=22.401/148.9083
=15.04 %

Hingham Institution Savings's Enterprise Value for the quarter that ended in Sep. 2013 was $148.91 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Hingham Institution Savings's Operating Income for the trailing twelve months (TTM) ended in Sep. 2013 was $22.40 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.

Hingham Institution Savings Annual Data

Dec03Dec04Dec05Dec06Dec07Dec08Dec09Dec10Dec11Dec12
ev2ebit 22.9126.8128.3839.8739.9823.2816.8912.8910.8511.95

Hingham Institution Savings Semi-Annual Data

Dec05Dec06Dec07Dec08Dec09Dec10Dec11Dec12Mar13Sep13
ev2ebit 28.3839.8739.9823.2816.8912.8910.8511.956.640.00
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