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Frontline Ltd (OSTO:FROO)
EV/EBIT
138.04 (As of Today)

EV/EBIT ratio is calculated as enterprise value divided by its EBIT. As of today, Frontline Ltd's enterprise value is Kr8,802 Mil. Frontline Ltd's operating income for the trailing twelve months (TTM) ended in Dec. 2013 was Kr71 Mil. Therefore, Frontline Ltd's EV/EBIT ratio for today is 138.04.

OSTO:FROO' s 10-Year EV/EBIT Range
Min: 4   Max: 144.1
Current: 138.04

4
144.1

During the past 13 years, the highest EV/EBIT Ratio of Frontline Ltd was 144.10. The lowest was 4.00. And the median was 8.10.

OSTO:FROO's EV/EBITis ranked lower than
73% of the 893 Companies
in the Global Shipping & Ports industry.

( Industry Median: 16.40 vs. OSTO:FROO: 138.04 )

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt). Frontline Ltd's enterprise value for the quarter that ended in Dec. 2013 was Kr9,144 Mil. Frontline Ltd's Operating Income for the trailing twelve months (TTM) ended in Dec. 2013 was Kr71 Mil. Frontline Ltd's Earnings Yield (Joel Greenblatt) for the quarter that ended in Dec. 2013 was 0.75%.


Definition

Frontline Ltd's EV/EBIT for today is calculated as:

EV/EBIT=Enterprise Value (Today)/Operating Income (TTM)
=8801.643/70.7306332097
=124.44

Frontline Ltd's current Enterprise Value is Kr8,802 Mil.
Frontline Ltd's Operating Income for the trailing twelve months (TTM) ended in Dec. 2013 was -0.734104046243 (Mar. 2013 ) + 68.4638554217 (Jun. 2013 ) + -123.023809524 (Sep. 2013 ) + 126.024691358 (Dec. 2013 ) = Kr71 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).

Frontline Ltd's Earnings Yield (Joel Greenblatt) for the quarter that ended in Dec. 2013 is calculated as:

Earnings Yield (Joel Greenblatt) (Q: Dec. 2013 )=Operating Income (TTM)/Enterprise Value (Q: Dec. 2013 )
=70.7306332097/9144.12982716
=0.77 %

Frontline Ltd's Enterprise Value for the quarter that ended in Dec. 2013 was Kr9,144 Mil.
Frontline Ltd's Operating Income for the trailing twelve months (TTM) ended in Dec. 2013 was -0.734104046243 (Mar. 2013 ) + 68.4638554217 (Jun. 2013 ) + -123.023809524 (Sep. 2013 ) + 126.024691358 (Dec. 2013 ) = Kr71 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.

Frontline Ltd Annual Data

Dec04Dec05Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13
ev2ebit 4.746.987.059.765.8118.5615.520.00208.21134.18

Frontline Ltd Quarterly Data

Sep11Dec11Mar12Jun12Sep12Dec12Mar13Jun13Sep13Dec13
ev2ebit 0.000.000.000.000.00208.210.000.000.00134.18
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