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Mercer International Inc (NAS:MERC)
EV/EBIT
8.49 (As of Today)

EV/EBIT ratio is calculated as enterprise value divided by its Earnings Before Interest and Taxes (EBIT). As of today, Mercer International Inc's enterprise value is $1,410 Mil. Mercer International Inc's earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2015 was $166 Mil. Therefore, Mercer International Inc's EV/EBIT ratio for today is 8.49.

MERC' s 10-Year EV/EBIT Range
Min: -455.4   Max: 291.9
Current: 8.5

-455.4
291.9

During the past 13 years, the highest EV/EBIT Ratio of Mercer International Inc was 291.90. The lowest was -455.40. And the median was 13.00.

MERC's EV/EBITis ranked higher than
75% of the 248 Companies
in the Global Paper & Paper Products industry.

( Industry Median: 14.96 vs. MERC: 8.50 )

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt). Mercer International Inc's enterprise value for the quarter that ended in Mar. 2015 was $1,588 Mil. Mercer International Inc's earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2015 was $166 Mil. Mercer International Inc's Earnings Yield (Joel Greenblatt) for the quarter that ended in Mar. 2015 was 10.45%.


Definition

Mercer International Inc's EV/EBIT for today is calculated as:

EV/EBIT=Enterprise Value (Today)/Earnings Before Interest and Taxes (EBIT) (TTM)
=1409.695/166.014
=8.49

Mercer International Inc's current Enterprise Value is $1,410 Mil.
Mercer International Inc's Earnings Before Interest and Taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2015 was 24.488 (Jun. 2014 ) + 80.076 (Sep. 2014 ) + 24.667 (Dec. 2014 ) + 36.783 (Mar. 2015 ) = $166 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).

Mercer International Inc's Earnings Yield (Joel Greenblatt) for the quarter that ended in Mar. 2015 is calculated as:

Earnings Yield (Joel Greenblatt) (Q: Mar. 2015 )=EBIT (TTM)/Enterprise Value (Q: Mar. 2015 )
=166.014/1588.2106
=10.45 %

Mercer International Inc's Enterprise Value for the quarter that ended in Mar. 2015 was $1,588 Mil.
Mercer International Inc's Earnings Before Interest and Taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2015 was 24.488 (Jun. 2014 ) + 80.076 (Sep. 2014 ) + 24.667 (Dec. 2014 ) + 36.783 (Mar. 2015 ) = $166 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.

Mercer International Inc Annual Data

Dec05Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14
ev2ebit -19.255.379.40-71.00-83.276.317.4817.6326.578.38

Mercer International Inc Quarterly Data

Dec12Mar13Jun13Sep13Dec13Mar14Jun14Sep14Dec14Mar15
ev2ebit 17.6317.9124.6622.4926.5715.8414.667.908.389.57
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