Switch to:
Lamar Advertising Co (NAS:LAMR)
EV/EBIT
31.03 (As of Today)

EV/EBIT ratio is calculated as enterprise value divided by its EBIT. As of today, Lamar Advertising Co's enterprise value is $7,882 Mil. Lamar Advertising Co's operating income for the trailing twelve months (TTM) ended in Sep. 2014 was $254 Mil. Therefore, Lamar Advertising Co's EV/EBIT ratio for today is 31.03.

LAMR' s 10-Year EV/EBIT Range
Min: 18.7   Max: 89.7
Current: 31.02

18.7
89.7

During the past 13 years, the highest EV/EBIT Ratio of Lamar Advertising Co was 89.70. The lowest was 18.70. And the median was 36.25.

LAMR's EV/EBITis ranked higher than
70% of the 284 Companies
in the Global Advertising Agencies industry.

( Industry Median: 30.72 vs. LAMR: 31.02 )

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt). Lamar Advertising Co's enterprise value for the quarter that ended in Sep. 2014 was $7,332 Mil. Lamar Advertising Co's Operating Income for the trailing twelve months (TTM) ended in Sep. 2014 was $254 Mil. Lamar Advertising Co's Earnings Yield (Joel Greenblatt) for the quarter that ended in Sep. 2014 was 3.46%.


Definition

Lamar Advertising Co's EV/EBIT for today is calculated as:

EV/EBIT=Enterprise Value (Today)/Operating Income (TTM)
=7881.751/254.042
=31.03

Lamar Advertising Co's current Enterprise Value is $7,882 Mil.
Lamar Advertising Co's Operating Income for the trailing twelve months (TTM) ended in Sep. 2014 was 63.836 (Dec. 2013 ) + 31.144 (Mar. 2014 ) + 73.038 (Jun. 2014 ) + 86.024 (Sep. 2014 ) = $254 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).

Lamar Advertising Co'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 )
=254.042/7332.1005
=3.46 %

Lamar Advertising Co's Enterprise Value for the quarter that ended in Sep. 2014 was $7,332 Mil.
Lamar Advertising Co's Operating Income for the trailing twelve months (TTM) ended in Sep. 2014 was 63.836 (Dec. 2013 ) + 31.144 (Mar. 2014 ) + 73.038 (Jun. 2014 ) + 86.024 (Sep. 2014 ) = $254 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.

Lamar Advertising Co Annual Data

Dec04Dec05Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13
ev2ebit 60.7738.6345.3731.5722.0855.5447.3827.3629.4534.12

Lamar Advertising Co Quarterly Data

Jun12Sep12Dec12Mar13Jun13Sep13Dec13Mar14Jun14Sep14
ev2ebit 27.0730.3529.4535.5431.2232.2134.1231.7432.8128.86
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)
Free 7-day Trial
FEEDBACK