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Torchmark Corp (NYSE:TMK)
EV/EBIT
9.94 (As of Today)

EV/EBIT ratio is calculated as enterprise value divided by its Earnings Before Interest and Taxes (EBIT). As of today, Torchmark Corp's enterprise value is $8,408 Mil. Torchmark Corp's earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2015 was $846 Mil. Therefore, Torchmark Corp's EV/EBIT ratio for today is 9.94.

TMK' s 10-Year EV/EBIT Range
Min: -8.4   Max: 12
Current: 9.97

-8.4
12

During the past 13 years, the highest EV/EBIT Ratio of Torchmark Corp was 12.00. The lowest was -8.40. And the median was 8.20.

TMK's EV/EBITis ranked lower than
57% of the 69 Companies
in the Global Insurance - Life industry.

( Industry Median: 9.08 vs. TMK: 9.97 )

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt). Torchmark Corp's enterprise value for the quarter that ended in Jun. 2015 was $8,580 Mil. Torchmark Corp's earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2015 was $846 Mil. Torchmark Corp's Earnings Yield (Joel Greenblatt) for the quarter that ended in Jun. 2015 was 9.86%.


Definition

Torchmark Corp's EV/EBIT for today is calculated as:

EV/EBIT=Enterprise Value (Today)/Earnings Before Interest and Taxes (EBIT) (TTM)
=8407.704/846.257
=9.94

Torchmark Corp's current Enterprise Value is $8,408 Mil.
Torchmark Corp's Earnings Before Interest and Taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2015 was 208.597 (Sep. 2014 ) + 230.666 (Dec. 2014 ) + 199.492 (Mar. 2015 ) + 207.502 (Jun. 2015 ) = $846 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).

Torchmark Corp's Earnings Yield (Joel Greenblatt) for the quarter that ended in Jun. 2015 is calculated as:

Earnings Yield (Joel Greenblatt) (Q: Jun. 2015 )=EBIT (TTM)/Enterprise Value (Q: Jun. 2015 )
=846.257/8580.0968
=9.86 %

Torchmark Corp's Enterprise Value for the quarter that ended in Jun. 2015 was $8,580 Mil.
Torchmark Corp's Earnings Before Interest and Taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2015 was 208.597 (Sep. 2014 ) + 230.666 (Dec. 2014 ) + 199.492 (Mar. 2015 ) + 207.502 (Jun. 2015 ) = $846 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.

Torchmark Corp Annual Data

Mar05Mar06Mar07Mar08Mar09Mar10Mar11Mar12Mar13Mar14
ev2ebit 0.000.000.000.000.000.000.000.000.000.00

Torchmark Corp Quarterly Data

Mar13Jun13Sep13Dec13Mar14Jun14Sep14Dec14Mar15Jun15
ev2ebit 7.898.348.859.609.299.629.169.309.5210.14
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