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Frontline Ltd (OSTO:FROo)
EV/EBIT
7.39 (As of Today)

EV/EBIT ratio is calculated as enterprise value divided by its Earnings Before Interest and Taxes (EBIT). As of today, Frontline Ltd's enterprise value is Kr19,399 Mil. Frontline Ltd's earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2016 was Kr2,626 Mil. Therefore, Frontline Ltd's EV/EBIT ratio for today is 7.39.

OSTO:FROO' s EV/EBIT Range Over the Past 10 Years
Min: -53.3   Max: 67.1
Current: 7.55

-53.3
67.1

During the past 13 years, the highest EV/EBIT Ratio of Frontline Ltd was 67.10. The lowest was -53.30. And the median was 6.90.

OSTO:FROO's EV/EBIT is ranked higher than
82% of the 642 Companies
in the Global Shipping & Ports industry.

( Industry Median: 12.59 vs. OSTO:FROO: 7.55 )

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt). Frontline Ltd's enterprise value for the quarter that ended in Mar. 2016 was Kr20,037 Mil. Frontline Ltd's earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2016 was Kr2,626 Mil. Frontline Ltd's Earnings Yield (Joel Greenblatt) for the quarter that ended in Mar. 2016 was 13.11%.


Definition

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

EV/EBIT=Enterprise Value (Today)/Earnings Before Interest and Taxes (EBIT) (TTM)
=19398.596/2626.36827611
=7.39

Frontline Ltd's current Enterprise Value is Kr19,399 Mil.
Frontline Ltd's Earnings Before Interest and Taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2016 was 131.515625 (Jun. 2015 ) + 220.745650373 (Sep. 2015 ) + 1486.20869565 (Dec. 2015 ) + 787.898305085 (Mar. 2016 ) = Kr2,626 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 Mar. 2016 is calculated as:

Earnings Yield (Joel Greenblatt) (Q: Mar. 2016 )=EBIT (TTM)/Enterprise Value (Q: Mar. 2016 )
=2626.36827611/20037.1746271
=13.11 %

Frontline Ltd's Enterprise Value for the quarter that ended in Mar. 2016 was Kr20,037 Mil.
Frontline Ltd's Earnings Before Interest and Taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2016 was 131.515625 (Jun. 2015 ) + 220.745650373 (Sep. 2015 ) + 1486.20869565 (Dec. 2015 ) + 787.898305085 (Mar. 2016 ) = Kr2,626 Mil.

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.


Related Terms

Enterprise Value, Earnings Yield (Joel Greenblatt), Earnings Before Interest and Taxes (EBIT)


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

Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14Dec15
ev2ebit 6.557.865.5816.7014.19-4.20-17.9118.086.135.25

Frontline Ltd Quarterly Data

Dec13Mar14Jun14Sep14Dec14Mar15Jun15Sep15Dec15Mar16
ev2ebit 18.0817.7111.5410.536.134.022.812.705.257.73
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