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HRG Group Inc (NYSE:HRG)
EV/EBIT
14.26 (As of Today)

EV/EBIT ratio is calculated as enterprise value divided by its Earnings Before Interest and Taxes (EBIT). As of today, HRG Group Inc's enterprise value is $8,967 Mil. HRG Group Inc's earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2016 was $629 Mil. Therefore, HRG Group Inc's EV/EBIT ratio for today is 14.26.

HRG' s EV/EBIT Range Over the Past 10 Years
Min: -39.7   Max: 344.4
Current: 14.21

-39.7
344.4

During the past 13 years, the highest EV/EBIT Ratio of HRG Group Inc was 344.40. The lowest was -39.70. And the median was 32.65.

HRG's EV/EBIT is ranked lower than
53% of the 316 Companies
in the Global Conglomerates industry.

( Industry Median: 14.00 vs. HRG: 14.21 )

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt). HRG Group Inc's enterprise value for the quarter that ended in Sep. 2016 was $9,265 Mil. HRG Group Inc's earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2016 was $629 Mil. HRG Group Inc's Earnings Yield (Joel Greenblatt) for the quarter that ended in Sep. 2016 was 6.79%.


Definition

HRG Group Inc's EV/EBIT for today is calculated as:

EV/EBIT=Enterprise Value (Today)/Earnings Before Interest and Taxes (EBIT) (TTM)
=8966.681/629
=14.26

HRG Group Inc's current Enterprise Value is $8,967 Mil.
HRG Group Inc's Earnings Before Interest and Taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2016 was 142 (Dec. 2015 ) + 116.3 (Mar. 2016 ) + 205.4 (Jun. 2016 ) + 165.3 (Sep. 2016 ) = $629 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).

HRG Group Inc's Earnings Yield (Joel Greenblatt) for the quarter that ended in Sep. 2016 is calculated as:

Earnings Yield (Joel Greenblatt) (Q: Sep. 2016 )=EBIT (TTM)/Enterprise Value (Q: Sep. 2016 )
=629/9265.103
=6.79 %

HRG Group Inc's Enterprise Value for the quarter that ended in Sep. 2016 was $9,265 Mil.
HRG Group Inc's Earnings Before Interest and Taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2016 was 142 (Dec. 2015 ) + 116.3 (Mar. 2016 ) + 205.4 (Jun. 2016 ) + 165.3 (Sep. 2016 ) = $629 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.

HRG Group Inc Annual Data

Dec07Dec08Dec09Dec10Sep11Sep12Sep13Sep14Sep15Sep16
ev2ebit 3.8711.851.78-19.5311.078.327.7518.1491.9314.73

HRG Group Inc Quarterly Data

Jun14Sep14Dec14Mar15Jun15Sep15Dec15Mar16Jun16Sep16
ev2ebit 15.3818.1433.21109.35-38.9191.9333.9217.2511.7514.73
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