Switch to:
Medley Capital Corp (NYSE:MCC)
EV/EBIT
-65.50 (As of Today)

EV/EBIT ratio is calculated as enterprise value divided by its Earnings Before Interest and Taxes (EBIT). As of today, Medley Capital Corp's enterprise value is $966.6 Mil. Medley Capital Corp's earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2015 was $-14.8 Mil. Therefore, Medley Capital Corp's EV/EBIT ratio for today is -65.50.

During the past 5 years, the highest EV/EBIT Ratio of Medley Capital Corp was 22.10. The lowest was -72.70. And the median was 15.60.

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt). Medley Capital Corp's enterprise value for the quarter that ended in Sep. 2015 was $1,023.7 Mil. Medley Capital Corp's earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2015 was $-14.8 Mil. Medley Capital Corp's Earnings Yield (Joel Greenblatt) for the quarter that ended in Sep. 2015 was -1.44%.


Definition

Medley Capital Corp's EV/EBIT for today is calculated as:

EV/EBIT=Enterprise Value (Today)/Earnings Before Interest and Taxes (EBIT) (TTM)
=966.606/-14.758
=-65.50

Medley Capital Corp's current Enterprise Value is $966.6 Mil.
Medley Capital Corp's Earnings Before Interest and Taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2015 was 20.39 (Dec. 2014 ) + 17.753 (Mar. 2015 ) + 17.24 (Jun. 2015 ) + -70.141 (Sep. 2015 ) = $-14.8 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).

Medley Capital Corp's Earnings Yield (Joel Greenblatt) for the quarter that ended in Sep. 2015 is calculated as:

Earnings Yield (Joel Greenblatt) (Q: Sep. 2015 )=EBIT (TTM)/Enterprise Value (Q: Sep. 2015 )
=-14.758/1023.6556
=-1.44 %

Medley Capital Corp's Enterprise Value for the quarter that ended in Sep. 2015 was $1,023.7 Mil.
Medley Capital Corp's Earnings Before Interest and Taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2015 was 20.39 (Dec. 2014 ) + 17.753 (Mar. 2015 ) + 17.24 (Jun. 2015 ) + -70.141 (Sep. 2015 ) = $-14.8 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.

Medley Capital Corp Annual Data

Sep11Sep12Sep13Sep14Sep15
ev2ebit 0.000.000.000.000.0016.5119.8316.9321.92-69.36

Medley Capital Corp Quarterly Data

Jun13Sep13Dec13Mar14Jun14Sep14Dec14Mar15Jun15Sep15
ev2ebit 18.2916.9315.1914.4014.2421.9219.1218.5219.41-69.36
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)

GuruFocus Premium Plus Membership

FEEDBACK