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Nexstar Broadcasting Group Inc (NAS:NXST)
EV/EBIT
20.13 (As of Today)

EV/EBIT ratio is calculated as enterprise value divided by its EBIT. As of today, Nexstar Broadcasting Group Inc's enterprise value is $2,412.7 Mil. Nexstar Broadcasting Group Inc's operating income for the trailing twelve months (TTM) ended in Jun. 2014 was $119.9 Mil. Therefore, Nexstar Broadcasting Group Inc's EV/EBIT ratio for today is 20.13.

NXST' s 10-Year EV/EBIT Range
Min: 10.2   Max: 98.3
Current: 20.13

10.2
98.3

During the past 13 years, the highest EV/EBIT Ratio of Nexstar Broadcasting Group Inc was 98.30. The lowest was 10.20. And the median was 20.40.

NXST's EV/EBITis ranked higher than
76% of the 488 Companies
in the Global Broadcasting - TV industry.

( Industry Median: 21.80 vs. NXST: 20.13 )

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt). Nexstar Broadcasting Group Inc's enterprise value for the quarter that ended in Jun. 2014 was $2,589.4 Mil. Nexstar Broadcasting Group Inc's Operating Income for the trailing twelve months (TTM) ended in Jun. 2014 was $119.9 Mil. Nexstar Broadcasting Group Inc's Earnings Yield (Joel Greenblatt) for the quarter that ended in Jun. 2014 was 4.63%.


Definition

Nexstar Broadcasting Group Inc's EV/EBIT for today is calculated as:

EV/EBIT=Enterprise Value (Today)/Operating Income (TTM)
=2412.690/119.873
=20.13

Nexstar Broadcasting Group Inc's current Enterprise Value is $2,412.7 Mil.
Nexstar Broadcasting Group Inc's Operating Income for the trailing twelve months (TTM) ended in Jun. 2014 was 25.153 (Sep. 2013 ) + 32.078 (Dec. 2013 ) + 27.7 (Mar. 2014 ) + 34.942 (Jun. 2014 ) = $119.9 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).

Nexstar Broadcasting Group Inc's Earnings Yield (Joel Greenblatt) for the quarter that ended in Jun. 2014 is calculated as:

Earnings Yield (Joel Greenblatt) (Q: Jun. 2014 )=Operating Income (TTM)/Enterprise Value (Q: Jun. 2014 )
=119.873/2589.4298
=4.63 %

Nexstar Broadcasting Group Inc's Enterprise Value for the quarter that ended in Jun. 2014 was $2,589.4 Mil.
Nexstar Broadcasting Group Inc's Operating Income for the trailing twelve months (TTM) ended in Jun. 2014 was 25.153 (Sep. 2013 ) + 32.078 (Dec. 2013 ) + 27.7 (Mar. 2014 ) + 34.942 (Jun. 2014 ) = $119.9 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.

Nexstar Broadcasting Group Inc Annual Data

Dec04Dec05Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13
ev2ebit 10.6142.6117.4922.800.0095.7511.8917.8911.0126.40

Nexstar Broadcasting Group Inc Quarterly Data

Mar12Jun12Sep12Dec12Mar13Jun13Sep13Dec13Mar14Jun14
ev2ebit 15.0911.8411.0911.0114.3219.1821.7926.4019.1421.60
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