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Cedar Fair LP (Cedar Fair LP) EV-to-EBIT : 13.46 (As of Apr. 25, 2024)


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What is Cedar Fair LP EV-to-EBIT?

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Cedar Fair LP's Enterprise Value is $4,231 Mil. Cedar Fair LP's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was $314 Mil. Therefore, Cedar Fair LP's EV-to-EBIT for today is 13.46.

The historical rank and industry rank for Cedar Fair LP's EV-to-EBIT or its related term are showing as below:

FUN' s EV-to-EBIT Range Over the Past 10 Years
Min: -56.82   Med: 17.18   Max: 103.07
Current: 13.46

During the past 13 years, the highest EV-to-EBIT of Cedar Fair LP was 103.07. The lowest was -56.82. And the median was 17.18.

FUN's EV-to-EBIT is ranked better than
57.1% of 620 companies
in the Travel & Leisure industry
Industry Median: 15.655 vs FUN: 13.46

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Cedar Fair LP's Enterprise Value for the quarter that ended in Dec. 2023 was $4,312 Mil. Cedar Fair LP's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was $314 Mil. Cedar Fair LP's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 7.29%.


Cedar Fair LP EV-to-EBIT Historical Data

The historical data trend for Cedar Fair LP's EV-to-EBIT can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Cedar Fair LP EV-to-EBIT Chart

Cedar Fair LP Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EV-to-EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 16.24 -8.34 34.18 8.44 13.72

Cedar Fair LP Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
EV-to-EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 8.44 10.37 9.78 12.36 13.72

Competitive Comparison of Cedar Fair LP's EV-to-EBIT

For the Leisure subindustry, Cedar Fair LP's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Cedar Fair LP's EV-to-EBIT Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Cedar Fair LP's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Cedar Fair LP's EV-to-EBIT falls into.



Cedar Fair LP EV-to-EBIT Calculation

Cedar Fair LP's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=4230.730/314.372
=13.46

Cedar Fair LP's current Enterprise Value is $4,231 Mil.
Cedar Fair LP's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $314 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Cedar Fair LP  (NYSE:FUN) EV-to-EBIT Explanation

This is a more accurate valuation of companies' operation because it considers 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) %.

Cedar Fair LP's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 is calculated as:

Earnings Yield (Joel Greenblatt) % (Q: Dec. 2023 ) =EBIT / Enterprise Value (Q: Dec. 2023 )
=314.372/4312.2513
=7.29 %

Cedar Fair LP's Enterprise Value for the quarter that ended in Dec. 2023 was $4,312 Mil.
Cedar Fair LP's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $314 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Cedar Fair LP EV-to-EBIT Related Terms

Thank you for viewing the detailed overview of Cedar Fair LP's EV-to-EBIT provided by GuruFocus.com. Please click on the following links to see related term pages.


Cedar Fair LP (Cedar Fair LP) Business Description

Traded in Other Exchanges
N/A
Address
One Cedar Point Drive, Sandusky, OH, USA, 44870-5259
Cedar Fair LP operates amusement park-resorts located in various states across USA and Canada. All their parks have facilities for people from all age groups as well as exciting rides and attractions. The Partnership's portfolio of parks includes Cedar Point, Kings Island, Canada's Wonderland, Dorney Park and the Wildwater Kingdom, Valleyfair, Michigan's Adventure, Kings Dominion, Carowinds, Worlds of Fun, Knott's Berry Farm, and California's Great America. Other than these parks, the partnership also holds a contract to operate a few other parks. Revenues are obtained from amounts paid to gain admission to parks including parking fees, extra-charge attractions, and others.
Executives
Nina Barton director ONE CEDAR POINT DRIVE, SANDUSKY OH 44870
Monica Sauls officer: Senior VP CHRO ONE CEDAR POINT DRIVE, SANDUSKY OH 44870
Jennifer Mason director C/O CEDAR FAIR, 8701 RED OAK BLVD., CHARLOTTE NC 28217
Michelle M Frymire director C/O SPIRIT REALTY CAPITAL, INC., 2727 N. HARWOOD STREET, SUITE 300, DALLAS TX 75201
Daniel J Hanrahan director ROYAL CARIBBEAN CRUISES LTD, 1050 CARIBBEAN WAY, MIAMI FL 33132
Brian Nurse officer: Exec VP, Chief Legal Officer ONE CEDAR POINT DRIVE, SANDUSKY OH 44870
Matthew A Ouimet officer: President ONE CEDAR POINT DR., SANDUSKY OH 44870
Louis Carr director ONE CEDAR POINT DRIVE, SANDUSKY OH 44870
Carlos Ruisanchez director C/O PINNACLE ENTERTAINMENT INC, 3980 HOWARD HUGHES PARKWAY, LAS VEGAS NV 89169
Tim Fisher officer: Chief Operating Officer ONE CEDAR POINT DRIVE, SANDUSKY OH 44870
Craig Heckman officer: SVP, Human Resources ONE CEDAR POINT DRIVE, SANDUSKY OH 44870
Brian C Witherow officer: V.P. & Corporate Controller ONE CEDAR POINT DRIVE, SANDUSKY OH 44870
David R. Hoffman officer: VP of Finance & Corp Tax ONE CEDAR POINT DRIVE, SANDUSKY OH 44870
Milkie Duffield officer: V.P. & General Counsel ONE CEDAR POINT DR, SANDUSKY OH 44870
Richard Zimmerman officer: VP & GM - Great America ONE CEDAR POINT DRIVE, SANDUSKY OH 44870