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Marcus & Millichap, Inc. (NYSE:MMI)
EV/EBIT
13.91 (As of Today)

EV/EBIT ratio is calculated as enterprise value divided by its Earnings Before Interest and Taxes (EBIT). As of today, Marcus & Millichap, Inc.'s enterprise value is $1,451.7 Mil. Marcus & Millichap, Inc.'s earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2015 was $104.4 Mil. Therefore, Marcus & Millichap, Inc.'s EV/EBIT ratio for today is 13.91.

MMI' s 10-Year EV/EBIT Range
Min: 12.2   Max: 28.4
Current: 14.05

12.2
28.4

During the past 5 years, the highest EV/EBIT Ratio of Marcus & Millichap, Inc. was 28.40. The lowest was 12.20. And the median was 19.40.

MMI's EV/EBITis ranked lower than
53% of the 1168 Companies
in the Global Real Estate Services industry.

( Industry Median: 13.54 vs. MMI: 14.05 )

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt). Marcus & Millichap, Inc.'s enterprise value for the quarter that ended in Jun. 2015 was $1,587.6 Mil. Marcus & Millichap, Inc.'s earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2015 was $104.4 Mil. Marcus & Millichap, Inc.'s Earnings Yield (Joel Greenblatt) for the quarter that ended in Jun. 2015 was 6.57%.


Definition

Marcus & Millichap, Inc.'s EV/EBIT for today is calculated as:

EV/EBIT=Enterprise Value (Today)/Earnings Before Interest and Taxes (EBIT) (TTM)
=1451.670/104.367
=13.91

Marcus & Millichap, Inc.'s current Enterprise Value is $1,451.7 Mil.
Marcus & Millichap, Inc.'s Earnings Before Interest and Taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2015 was 23.413 (Sep. 2014 ) + 27.164 (Dec. 2014 ) + 23.899 (Mar. 2015 ) + 29.891 (Jun. 2015 ) = $104.4 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).

Marcus & Millichap, Inc.'s Earnings Yield (Joel Greenblatt) for the quarter that ended in Jun. 2015 is calculated as:

Earnings Yield (Joel Greenblatt) (Q: Jun. 2015 )=EBIT (TTM)/Enterprise Value (Q: Jun. 2015 )
=104.367/1587.5974
=6.57 %

Marcus & Millichap, Inc.'s Enterprise Value for the quarter that ended in Jun. 2015 was $1,587.6 Mil.
Marcus & Millichap, Inc.'s Earnings Before Interest and Taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2015 was 23.413 (Sep. 2014 ) + 27.164 (Dec. 2014 ) + 23.899 (Mar. 2015 ) + 29.891 (Jun. 2015 ) = $104.4 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.

Marcus & Millichap, Inc. Annual Data

Dec10Dec11Dec12Dec13Dec14
ev2ebit 0.000.000.000.000.000.000.000.0020.7212.88

Marcus & Millichap, Inc. Quarterly Data

Mar13Jun13Sep13Dec13Mar14Jun14Sep14Dec14Mar15Jun15
ev2ebit 0.000.000.0020.7218.6921.5519.8812.8813.2315.21
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