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Marcus & Millichap Inc (NYSE:MMI)
EV/EBIT
6.59 (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 $758.4 Mil. Marcus & Millichap Inc's earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2015 was $115.1 Mil. Therefore, Marcus & Millichap Inc's EV/EBIT ratio for today is 6.59.

MMI' s EV/EBIT Range Over the Past 10 Years
Min: 5.2   Max: 27.9
Current: 6.57

5.2
27.9

During the past 6 years, the highest EV/EBIT Ratio of Marcus & Millichap Inc was 27.90. The lowest was 5.20. And the median was 16.50.

MMI's EV/EBIT is ranked higher than
77% of the 1265 Companies
in the Global Real Estate Services industry.

( Industry Median: 12.23 vs. MMI: 6.57 )

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt). Marcus & Millichap Inc's enterprise value for the quarter that ended in Dec. 2015 was $924.4 Mil. Marcus & Millichap Inc's earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2015 was $115.1 Mil. Marcus & Millichap Inc's Earnings Yield (Joel Greenblatt) for the quarter that ended in Dec. 2015 was 12.45%.


Definition

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

EV/EBIT=Enterprise Value (Today)/Earnings Before Interest and Taxes (EBIT) (TTM)
=758.356/115.094
=6.59

Marcus & Millichap Inc's current Enterprise Value is $758.4 Mil.
Marcus & Millichap Inc's Earnings Before Interest and Taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2015 was 23.899 (Mar. 2015 ) + 29.891 (Jun. 2015 ) + 26.954 (Sep. 2015 ) + 34.35 (Dec. 2015 ) = $115.1 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 Dec. 2015 is calculated as:

Earnings Yield (Joel Greenblatt) (Q: Dec. 2015 )=EBIT (TTM)/Enterprise Value (Q: Dec. 2015 )
=115.094/924.401
=12.45 %

Marcus & Millichap Inc's Enterprise Value for the quarter that ended in Dec. 2015 was $924.4 Mil.
Marcus & Millichap Inc's Earnings Before Interest and Taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2015 was 23.899 (Mar. 2015 ) + 29.891 (Jun. 2015 ) + 26.954 (Sep. 2015 ) + 34.35 (Dec. 2015 ) = $115.1 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

Dec10Dec11Dec12Dec13Dec14Dec15
ev2ebit 0.000.000.000.000.000.000.0020.7212.888.03

Marcus & Millichap Inc Quarterly Data

Sep13Dec13Mar14Jun14Sep14Dec14Mar15Jun15Sep15Dec15
ev2ebit 0.0020.7218.6921.5519.8812.8813.2315.2114.468.03
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