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Ocwen Financial (Ocwen Financial) EV-to-EBIT : 48.12 (As of Apr. 26, 2024)


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What is Ocwen Financial EV-to-EBIT?

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Ocwen Financial's Enterprise Value is $10,918 Mil. Ocwen Financial's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was $227 Mil. Therefore, Ocwen Financial's EV-to-EBIT for today is 48.12.

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

OCN' s EV-to-EBIT Range Over the Past 10 Years
Min: -2359.67   Med: 32.92   Max: 178.55
Current: 48.12

During the past 13 years, the highest EV-to-EBIT of Ocwen Financial was 178.55. The lowest was -2359.67. And the median was 32.92.

OCN's EV-to-EBIT is ranked worse than
85.29% of 34 companies
in the Banks industry
Industry Median: 14.85 vs OCN: 48.12

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Ocwen Financial's Enterprise Value for the quarter that ended in Dec. 2023 was $10,965 Mil. Ocwen Financial's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was $227 Mil. Ocwen Financial's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 2.07%.


Ocwen Financial EV-to-EBIT Historical Data

The historical data trend for Ocwen Financial'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.

Ocwen Financial EV-to-EBIT Chart

Ocwen Financial 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 36.40 59.17 47.36 38.71 48.37

Ocwen Financial 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 38.71 55.99 53.23 56.68 48.37

Competitive Comparison of Ocwen Financial's EV-to-EBIT

For the Mortgage Finance subindustry, Ocwen Financial'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.


Ocwen Financial's EV-to-EBIT Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Ocwen Financial's EV-to-EBIT distribution charts can be found below:

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



Ocwen Financial EV-to-EBIT Calculation

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

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=10918.027/226.9
=48.12

Ocwen Financial's current Enterprise Value is $10,918 Mil.
Ocwen Financial'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 $227 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.


Ocwen Financial  (NYSE:OCN) 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) %.

Ocwen Financial'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 )
=226.9/10965.172144
=2.07 %

Ocwen Financial's Enterprise Value for the quarter that ended in Dec. 2023 was $10,965 Mil.
Ocwen Financial'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 $227 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.


Ocwen Financial EV-to-EBIT Related Terms

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


Ocwen Financial (Ocwen Financial) Business Description

Traded in Other Exchanges
N/A
Address
1661 Worthington Road, Suite 100, West Palm Beach, FL, USA, 33409
Ocwen Financial Corp is a financial service company that services and originates loans. Its business segment includes Servicing and Lending. Servicing segment provides residential and commercial mortgage loan servicing, special servicing and asset management services. Lending segment originates and purchases conventional and government-insured residential forward and reverse mortgage loans mainly through correspondent lending arrangements, broker relationships and directly with mortgage customers. The company generates a majority of its revenue from the Servicing segment. Geographically, it generates a majority of its revenue from the United States.
Executives
Jenna D. Evans officer: Chief Risk & Compliance 1661 WORTHINGTON RD, SUITE 100, WEST PALM BEACH FL 33409
Sean Bradley O'neil officer: EVP & Chief Financial Officer 1661 WORTHINGTON ROAD, SUITE 100, WEST PALM BEACH FL 33409
Jacques J Busquet director C/O OCWEN FINANCIAL CORPORATION, 1661 WORTHINGTON ROAD, SUITE 100, WEST PALM BEACH FL 33409
Jenne K Britell director 100 FIRST STAMFORD PLACE, SUITE 700, STAMFORD CT 06902
Phyllis R Caldwell director AMERICAN CAPITAL, LTD., 2 BETHESDA METRO CENTER, 12TH FLOOR, BETHESDA MD 20814
Glen A. Messina director, officer: President and CEO 3000 LEADENHALL ROAD, MOUNT LAUREL NJ 08054
Dennis Zeleny officer: Chief Administrative Officer 1818 MARKET STREET, SUITE 1500, PHILADELPHIA PA 19103-7583
Aaron D Wade officer: EVP, Capital Markets 1661 WORTHINGTON ROAD, SUITE 100, WEST PALM BEACH FL 33409
George T. Henley officer: EVP & Chief Growth Officer C/O OCWEN FINANCIAL CORPORATION, 1661 WORTHINGTON ROAD, SUITE 100, WEST PALM BEACH FL 33409
Soaries Deforest B. Jr. director C/O INDEPENDENCE REALTY TRUST, 1835 MARKET STREET, SUITE 2601, PHILADELPHIA PA 19103
Joseph B Long officer: EVP, Capital Markets C/O EVERBANK FINANCIAL CORP, 501 RIVERSIDE AVENUE, JACKSONVILLE FL 32202
Kevin Stein director 3000 LEADENHALL RD., MAILSTOP PCLG, MOUNT LAUREL NJ 08054
Deer Park Road Management Company, Lp 10 percent owner 1195 BANGTAIL WAY, STEAMBOAT SPRINGS CO 80487
Scott Edward Burg 10 percent owner 1195 BANGTAIL WAY, STEAMBOAT SPRINGS CO 80487
Agatecreek Llc 10 percent owner 1195 BANGTAIL WAY, STEAMBOAT SPRINGS CO 80487