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HRG Group Inc (NYSE:HRG)
EV/EBIT
62.93 (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 $8,803 Mil. HRG Group Inc's earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2015 was $140 Mil. Therefore, HRG Group Inc's EV/EBIT ratio for today is 62.93.

HRG' s EV/EBIT Range Over the Past 10 Years
Min: -1149.3   Max: 344.4
Current: 62.91

-1149.3
344.4

During the past 13 years, the highest EV/EBIT Ratio of HRG Group Inc was 344.40. The lowest was -1149.30. And the median was -14.30.

HRG's EV/EBIT is ranked lower than
90% of the 349 Companies
in the Global Conglomerates industry.

( Industry Median: 13.90 vs. HRG: 62.91 )

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt). HRG Group Inc's enterprise value for the quarter that ended in Dec. 2015 was $9,413 Mil. HRG Group Inc's earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2015 was $140 Mil. HRG Group Inc's Earnings Yield (Joel Greenblatt) for the quarter that ended in Dec. 2015 was 1.49%.


Definition

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

EV/EBIT=Enterprise Value (Today)/Earnings Before Interest and Taxes (EBIT) (TTM)
=8803.306/139.9
=62.93

HRG Group Inc's current Enterprise Value is $8,803 Mil.
HRG Group Inc's Earnings Before Interest and Taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2015 was -156 (Mar. 2015 ) + 114.3 (Jun. 2015 ) + 39.6 (Sep. 2015 ) + 142 (Dec. 2015 ) = $140 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).

HRG Group Inc's Earnings Yield (Joel Greenblatt) for the quarter that ended in Dec. 2015 is calculated as:

Earnings Yield (Joel Greenblatt) (Q: Dec. 2015 )=EBIT (TTM)/Enterprise Value (Q: Dec. 2015 )
=139.9/9413.3056
=1.49 %

HRG Group Inc's Enterprise Value for the quarter that ended in Dec. 2015 was $9,413 Mil.
HRG Group Inc's Earnings Before Interest and Taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2015 was -156 (Mar. 2015 ) + 114.3 (Jun. 2015 ) + 39.6 (Sep. 2015 ) + 142 (Dec. 2015 ) = $140 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.

HRG Group Inc Annual Data

Dec06Dec07Dec08Dec09Dec10Sep11Sep12Sep13Sep14Sep15
ev2ebit 3.763.8711.851.78-19.5311.078.327.7513.66-198.36

HRG Group Inc Quarterly Data

Sep13Dec13Mar14Jun14Sep14Dec14Mar15Jun15Sep15Dec15
ev2ebit 7.7513.2016.7815.3813.6621.4436.57181.91-198.3667.29
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