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Sun Life Financial Inc (NYSE:SLF)
EV/EBIT
16.11 (As of Today)

EV/EBIT ratio is calculated as enterprise value divided by its EBIT. As of today, Sun Life Financial Inc's enterprise value is $30,611 Mil. Sun Life Financial Inc's operating income for the trailing twelve months (TTM) ended in Dec. 2013 was $1,993 Mil. Therefore, Sun Life Financial Inc's EV/EBIT ratio for today is 16.11.

SLF' s 10-Year EV/EBIT Range
Min: 8.6   Max: 301.5
Current: 16.11

8.6
301.5

During the past 13 years, the highest EV/EBIT Ratio of Sun Life Financial Inc was 301.50. The lowest was 8.60. And the median was 15.05.

SLF's EV/EBITis ranked higher than
59% of the 133 Companies
in the Global Insurance - Life industry.

( Industry Median: 11.90 vs. SLF: 16.11 )

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt). Sun Life Financial Inc's enterprise value for the quarter that ended in Dec. 2013 was $23,579 Mil. Sun Life Financial Inc's Operating Income for the trailing twelve months (TTM) ended in Dec. 2013 was $1,993 Mil. Sun Life Financial Inc's Earnings Yield (Joel Greenblatt) for the quarter that ended in Dec. 2013 was 8.33%.


Definition

Sun Life Financial Inc's EV/EBIT for today is calculated as:

EV/EBIT=Enterprise Value (Today)/Operating Income (TTM)
=30611.468/1993.3442451
=15.36

Sun Life Financial Inc's current Enterprise Value is $30,611 Mil.
Sun Life Financial Inc's Operating Income for the trailing twelve months (TTM) ended in Dec. 2013 was 508.341511286 (Mar. 2013 ) + 507.692307692 (Jun. 2013 ) + 399.613899614 (Sep. 2013 ) + 577.696526508 (Dec. 2013 ) = $1,993 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).

Sun Life Financial Inc'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 )
=1993.3442451/23579.4326728
=8.45 %

Sun Life Financial Inc's Enterprise Value for the quarter that ended in Dec. 2013 was $23,579 Mil.
Sun Life Financial Inc's Operating Income for the trailing twelve months (TTM) ended in Dec. 2013 was 508.341511286 (Mar. 2013 ) + 507.692307692 (Jun. 2013 ) + 399.613899614 (Sep. 2013 ) + 577.696526508 (Dec. 2013 ) = $1,993 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.

Sun Life Financial Inc Annual Data

Dec04Dec05Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13
ev2ebit 0.000.000.0016.9440.15285.4811.7681.6210.6812.00

Sun Life Financial Inc Quarterly Data

Sep11Dec11Mar12Jun12Sep12Dec12Mar13Jun13Sep13Dec13
ev2ebit 20.9481.62131.590.0013.4910.6811.9912.1213.6712.00
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