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GuruFocus has detected 9 Warning Signs with Solar Senior Capital Ltd $SUNS.
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Solar Senior Capital Ltd (NAS:SUNS)
EV-to-EBIT
8.38 (As of Today)

EV/EBIT ratio is calculated as enterprise value divided by its Earnings Before Interest and Taxes (EBIT). As of today, Solar Senior Capital Ltd's enterprise value is $230.80 Mil. Solar Senior Capital Ltd's earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2016 was $27.53 Mil. Therefore, Solar Senior Capital Ltd's EV/EBIT ratio for today is 8.38.

SUNS' s EV-to-EBIT Range Over the Past 10 Years
Min: 2.6   Max: 58.6
Current: 8.34

2.6
58.6

During the past 6 years, the highest EV/EBIT Ratio of Solar Senior Capital Ltd was 58.60. The lowest was 2.60. And the median was 17.80.

SUNS's EV-to-EBIT is ranked higher than
64% of the 1352 Companies
in the Global Asset Management industry.

( Industry Median: 11.46 vs. SUNS: 8.34 )

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt). Solar Senior Capital Ltd's enterprise value for the quarter that ended in Dec. 2016 was $210.01 Mil. Solar Senior Capital Ltd's earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2016 was $27.53 Mil. Solar Senior Capital Ltd's Earnings Yield (Joel Greenblatt) for the quarter that ended in Dec. 2016 was 13.11%.


Definition

Solar Senior Capital Ltd's EV/EBIT for today is calculated as:

EV/EBIT=Enterprise Value (Today)/Earnings Before Interest and Taxes (EBIT) (TTM)
=230.797/27.533
=8.38

Solar Senior Capital Ltd's current Enterprise Value is $230.80 Mil.
Solar Senior Capital Ltd's Earnings Before Interest and Taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2016 was 9.265 (Mar. 2016 ) + 5.587 (Jun. 2016 ) + 6.039 (Sep. 2016 ) + 6.642 (Dec. 2016 ) = $27.53 Mil.

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's 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).

Solar Senior Capital Ltd's Earnings Yield (Joel Greenblatt) for the quarter that ended in Dec. 2016 is calculated as:

Earnings Yield (Joel Greenblatt) (Q: Dec. 2016 )=EBIT (TTM)/Enterprise Value (Q: Dec. 2016 )
=27.533/210.0052
=13.11 %

Solar Senior Capital Ltd's Enterprise Value for the quarter that ended in Dec. 2016 was $210.01 Mil.
Solar Senior Capital Ltd's Earnings Before Interest and Taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2016 was 9.265 (Mar. 2016 ) + 5.587 (Jun. 2016 ) + 6.039 (Sep. 2016 ) + 6.642 (Dec. 2016 ) = $27.53 Mil.

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's 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 local exchange's currency.

Solar Senior Capital Ltd Annual Data

Dec11Dec12Dec13Dec14Dec15Dec16
ev2ebit 0.000.000.000.0059.7313.0419.3418.4344.777.63

Solar Senior Capital Ltd Quarterly Data

Sep14Dec14Mar15Jun15Sep15Dec15Mar16Jun16Sep16Dec16
ev2ebit 9.3318.4318.7217.3920.3144.7725.9727.266.587.63
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