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

EV/EBIT ratio is calculated as enterprise value divided by its EBIT. As of today, Frontline Ltd's enterprise value is Kr7,742 Mil. Frontline Ltd's operating income for the trailing twelve months (TTM) ended in Mar. 2014 was Kr105 Mil. Therefore, Frontline Ltd's EV/EBIT ratio for today is 75.37.

OSTO:FROO' s 10-Year EV/EBIT Range
Min: 3.3   Max: 211.4
Current: 75.37

3.3
211.4

During the past 13 years, the highest EV/EBIT Ratio of Frontline Ltd was 211.40. The lowest was 3.30. And the median was 8.70.

OSTO:FROO's EV/EBITis ranked higher than
59% of the 1107 Companies
in the Global Shipping & Ports industry.

( Industry Median: 20.04 vs. OSTO:FROO: 75.37 )

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt). Frontline Ltd's enterprise value for the quarter that ended in Mar. 2014 was Kr8,319 Mil. Frontline Ltd's Operating Income for the trailing twelve months (TTM) ended in Mar. 2014 was Kr105 Mil. Frontline Ltd's Earnings Yield (Joel Greenblatt) for the quarter that ended in Mar. 2014 was 1.19%.


Definition

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

EV/EBIT=Enterprise Value (Today)/Operating Income (TTM)
=7741.620/104.871922885
=73.82

Frontline Ltd's current Enterprise Value is Kr7,742 Mil.
Frontline Ltd's Operating Income for the trailing twelve months (TTM) ended in Mar. 2014 was 68.4638554217 (Jun. 2013 ) + -123.023809524 (Sep. 2013 ) + 126.024691358 (Dec. 2013 ) + 33.4071856287 (Mar. 2014 ) = Kr105 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. 2014 is calculated as:

Earnings Yield (Joel Greenblatt) (Q: Mar. 2014 )=Operating Income (TTM)/Enterprise Value (Q: Mar. 2014 )
=104.871922885/8318.74016766
=1.26 %

Frontline Ltd's Enterprise Value for the quarter that ended in Mar. 2014 was Kr8,319 Mil.
Frontline Ltd's Operating Income for the trailing twelve months (TTM) ended in Mar. 2014 was 68.4638554217 (Jun. 2013 ) + -123.023809524 (Sep. 2013 ) + 126.024691358 (Dec. 2013 ) + 33.4071856287 (Mar. 2014 ) = Kr105 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 4.706.806.8911.906.7218.5614.480.00208.21134.18

Frontline Ltd Quarterly Data

Dec11Mar12Jun12Sep12Dec12Mar13Jun13Sep13Dec13Mar14
ev2ebit 0.000.000.000.00208.210.000.000.00134.1884.21
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