Switch to:
GuruFocus has detected 4 Warning Signs with Harley-Davidson Inc $HOG.
More than 500,000 people have already joined GuruFocus to track the stocks they follow and exchange investment ideas.
Harley-Davidson Inc (NYSE:HOG)
EV-to-EBIT
15.36 (As of Today)

EV/EBIT ratio is calculated as enterprise value divided by its Earnings Before Interest and Taxes (EBIT). As of today, Harley-Davidson Inc's enterprise value is $16,182 Mil. Harley-Davidson Inc's earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2016 was $1,054 Mil. Therefore, Harley-Davidson Inc's EV/EBIT ratio for today is 15.36.

HOG' s EV-to-EBIT Range Over the Past 10 Years
Min: -602.9   Max: 144
Current: 15.28

-602.9
144

During the past 13 years, the highest EV/EBIT Ratio of Harley-Davidson Inc was 144.00. The lowest was -602.90. And the median was 14.05.

HOG's EV-to-EBIT is ranked lower than
61% of the 894 Companies
in the Global Recreational Vehicles industry.

( Industry Median: 13.04 vs. HOG: 15.28 )

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt). Harley-Davidson Inc's enterprise value for the quarter that ended in Dec. 2016 was $16,355 Mil. Harley-Davidson Inc's earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2016 was $1,054 Mil. Harley-Davidson Inc's Earnings Yield (Joel Greenblatt) for the quarter that ended in Dec. 2016 was 6.44%.


Definition

Harley-Davidson Inc's EV/EBIT for today is calculated as:

EV/EBIT=Enterprise Value (Today)/Earnings Before Interest and Taxes (EBIT) (TTM)
=16182.494/1053.581
=15.36

Harley-Davidson Inc's current Enterprise Value is $16,182 Mil.
Harley-Davidson Inc's Earnings Before Interest and Taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2016 was 389.594 (Mar. 2016 ) + 413.01 (Jun. 2016 ) + 180.676 (Sep. 2016 ) + 70.301 (Dec. 2016 ) = $1,054 Mil.

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's 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).

Harley-Davidson Inc's Earnings Yield (Joel Greenblatt) for the quarter that ended in Dec. 2016 is calculated as:

Earnings Yield (Joel Greenblatt) (Q: Dec. 2016 )=EBIT (TTM)/Enterprise Value (Q: Dec. 2016 )
=1053.581/16354.8258
=6.44 %

Harley-Davidson Inc's Enterprise Value for the quarter that ended in Dec. 2016 was $16,355 Mil.
Harley-Davidson Inc's Earnings Before Interest and Taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2016 was 389.594 (Mar. 2016 ) + 413.01 (Jun. 2016 ) + 180.676 (Sep. 2016 ) + 70.301 (Dec. 2016 ) = $1,054 Mil.

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's 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 local exchange's currency.

Harley-Davidson Inc Annual Data

Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14Dec15Dec16
ev2ebit 8.066.0481.4326.5315.5214.8316.6614.3712.4715.52

Harley-Davidson Inc Quarterly Data

Sep14Dec14Mar15Jun15Sep15Dec15Mar16Jun16Sep16Dec16
ev2ebit 12.8714.3713.6113.8613.4412.4713.8513.1214.6815.52
Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)
FEEDBACK