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Parkway (Parkway) EV-to-EBIT : -0.18 (As of May. 12, 2024)


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What is Parkway EV-to-EBIT?

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Parkway's Enterprise Value is $953.5 Mil. Parkway's EBIT for the trailing twelve months (TTM) ended in Jun. 2017 was $-5,415.9 Mil. Therefore, Parkway's EV-to-EBIT for today is -0.18.

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

PKY's EV-to-EBIT is not ranked *
in the REITs industry.
Industry Median: 20.23
* Ranked among companies with meaningful EV-to-EBIT only.

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Parkway's Enterprise Value for the quarter that ended in Jun. 2017 was $834.3 Mil. Parkway's EBIT for the trailing twelve months (TTM) ended in Jun. 2017 was $-5,415.9 Mil. Parkway's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2017 was -649.19%.


Parkway EV-to-EBIT Historical Data

The historical data trend for Parkway'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.

Parkway EV-to-EBIT Chart

Parkway Annual Data
Trend Dec15 Dec16
EV-to-EBIT
- -0.32

Parkway Quarterly Data
Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17
EV-to-EBIT Get a 7-Day Free Trial - - -0.32 -163.54 -0.15

Competitive Comparison of Parkway's EV-to-EBIT

For the REIT - Office subindustry, Parkway'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.


Parkway's EV-to-EBIT Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Parkway's EV-to-EBIT distribution charts can be found below:

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



Parkway EV-to-EBIT Calculation

Parkway's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=953.510/-5415.879
=-0.18

Parkway's current Enterprise Value is $953.5 Mil.
Parkway's EBIT for the trailing twelve months (TTM) ended in Jun. 2017 adds up the quarterly data reported by the company within the most recent 12 months, which was $-5,415.9 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.


Parkway  (NYSE:PKY) 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) %.

Parkway's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2017 is calculated as:

Earnings Yield (Joel Greenblatt) % (Q: Jun. 2017 ) =EBIT / Enterprise Value (Q: Jun. 2017 )
=-5415.879/834.254177
=-649.19 %

Parkway's Enterprise Value for the quarter that ended in Jun. 2017 was $834.3 Mil.
Parkway's EBIT for the trailing twelve months (TTM) ended in Jun. 2017 adds up the quarterly data reported by the company within the most recent 12 months, which was $-5,415.9 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.


Parkway EV-to-EBIT Related Terms

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Parkway (Parkway) Business Description

Traded in Other Exchanges
N/A
Address
Parkway Inc is a self-managed office REIT, engaged in the ownership, acquisition, development and leasing of Class A office properties focused on Houston, Texas submarkets.
Executives
Hance James H Jr director C/O ACUITY BRANDS, INC., 1170 PEACHTREE STR NE, ATLANTA GA 30309
R Dary Stone director 3344 PEACHTREE ROAD, SUITE 1800, ATLANTA GA 30326
Craig B Jones director 2500 WINDY RIDGE PARKWAY SUITE 1600, ATLANTA GA 30339
James R Heistand director, officer: President and CEO 5127 FAIRWAY OAKS DRIVE, WINDERMERE FL 34786
Avi Banyasz director C/O TPG GLOBAL, LLC, 301 COMMERCE STREET, SUITE 3300, FORT WORTH TX 76102

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