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Terreno Realty Corporation (NYSE:TRNO)
EV/EBIT
76.90 (As of Today)

EV/EBIT ratio is calculated as enterprise value divided by its EBIT. As of today, Terreno Realty Corporation's enterprise value is $682.39 Mil. Terreno Realty Corporation's operating income for the trailing twelve months (TTM) ended in Dec. 2013 was $8.77 Mil. Therefore, Terreno Realty Corporation's EV/EBIT ratio for today is 76.90.

TRNO' s 10-Year EV/EBIT Range
Min: 66.7   Max: 159.5
Current: 76.9

66.7
159.5

During the past 5 years, the highest EV/EBIT Ratio of Terreno Realty Corporation was 159.50. The lowest was 66.70. And the median was 79.95.

TRNO's EV/EBITis ranked lower than
79% of the 599 Companies
in the Global REIT - Industrial industry.

( Industry Median: 27.39 vs. TRNO: 76.90 )

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt). Terreno Realty Corporation's enterprise value for the quarter that ended in Dec. 2013 was $670.65 Mil. Terreno Realty Corporation's Operating Income for the trailing twelve months (TTM) ended in Dec. 2013 was $8.77 Mil. Terreno Realty Corporation's Earnings Yield (Joel Greenblatt) for the quarter that ended in Dec. 2013 was 1.31%.


Definition

Terreno Realty Corporation's EV/EBIT for today is calculated as:

EV/EBIT=Enterprise Value (Today)/Operating Income (TTM)
=682.394/8.767
=77.84

Terreno Realty Corporation's current Enterprise Value is $682.39 Mil.
Terreno Realty Corporation's Operating Income for the trailing twelve months (TTM) ended in Dec. 2013 was 2.309 (Mar. 2013 ) + 1.909 (Jun. 2013 ) + 2.385 (Sep. 2013 ) + 2.164 (Dec. 2013 ) = $8.77 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).

Terreno Realty Corporation'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 )
=8.767/670.647
=1.31 %

Terreno Realty Corporation's Enterprise Value for the quarter that ended in Dec. 2013 was $670.65 Mil.
Terreno Realty Corporation's Operating Income for the trailing twelve months (TTM) ended in Dec. 2013 was 2.309 (Mar. 2013 ) + 1.909 (Jun. 2013 ) + 2.385 (Sep. 2013 ) + 2.164 (Dec. 2013 ) = $8.77 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.

Terreno Realty Corporation Annual Data

Dec09Dec10Dec11Dec12Dec13
ev2ebit 0.000.000.000.000.000.000.000.00119.3376.50

Terreno Realty Corporation Quarterly Data

Sep11Dec11Mar12Jun12Sep12Dec12Mar13Jun13Sep13Dec13
ev2ebit 0.000.00805.27154.85125.89119.3390.2769.9979.2176.50
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