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Home Inns & Hotels Management Inc (NAS:HMIN)
EV/EBIT
12.19 (As of Today)

EV/EBIT ratio is calculated as enterprise value divided by its EBIT. As of today, Home Inns & Hotels Management Inc's enterprise value is $1,273.7 Mil. Home Inns & Hotels Management Inc's operating income for the trailing twelve months (TTM) ended in Sep. 2014 was $104.5 Mil. Therefore, Home Inns & Hotels Management Inc's EV/EBIT ratio for today is 12.19.

HMIN' s 10-Year EV/EBIT Range
Min: 12.5   Max: 167.3
Current: 12

12.5
167.3

During the past 12 years, the highest EV/EBIT Ratio of Home Inns & Hotels Management Inc was 167.30. The lowest was 12.50. And the median was 30.70.

HMIN's EV/EBITis ranked higher than
89% of the 1090 Companies
in the Global Lodging industry.

( Industry Median: 22.72 vs. HMIN: 12.00 )

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt). Home Inns & Hotels Management Inc's enterprise value for the quarter that ended in Sep. 2014 was $1,261.1 Mil. Home Inns & Hotels Management Inc's Operating Income for the trailing twelve months (TTM) ended in Sep. 2014 was $104.5 Mil. Home Inns & Hotels Management Inc's Earnings Yield (Joel Greenblatt) for the quarter that ended in Sep. 2014 was 8.29%.


Definition

Home Inns & Hotels Management Inc's EV/EBIT for today is calculated as:

EV/EBIT=Enterprise Value (Today)/Operating Income (TTM)
=1273.661/104.496116061
=12.19

Home Inns & Hotels Management Inc's current Enterprise Value is $1,273.7 Mil.
Home Inns & Hotels Management Inc's Operating Income for the trailing twelve months (TTM) ended in Sep. 2014 was 17.3722423444 (Dec. 2013 ) + 6.86635347481 (Mar. 2014 ) + 33.9100568164 (Jun. 2014 ) + 46.3474634258 (Sep. 2014 ) = $104.5 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).

Home Inns & Hotels Management Inc's Earnings Yield (Joel Greenblatt) for the quarter that ended in Sep. 2014 is calculated as:

Earnings Yield (Joel Greenblatt) (Q: Sep. 2014 )=Operating Income (TTM)/Enterprise Value (Q: Sep. 2014 )
=104.496116061/1261.11358181
=8.29 %

Home Inns & Hotels Management Inc's Enterprise Value for the quarter that ended in Sep. 2014 was $1,261.1 Mil.
Home Inns & Hotels Management Inc's Operating Income for the trailing twelve months (TTM) ended in Sep. 2014 was 17.3722423444 (Dec. 2013 ) + 6.86635347481 (Mar. 2014 ) + 33.9100568164 (Jun. 2014 ) + 46.3474634258 (Sep. 2014 ) = $104.5 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.

Home Inns & Hotels Management Inc Annual Data

Dec04Dec05Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13
ev2ebit 0.000.00168.9887.4525.9231.6626.4228.5636.3225.53

Home Inns & Hotels Management Inc Quarterly Data

Jun12Sep12Dec12Mar13Jun13Sep13Dec13Mar14Jun14Sep14
ev2ebit 36.3130.7536.3227.7222.9022.6825.5317.0116.2812.07
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