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Matrix Asset Management, Inc. (TSX:MTA)
EV/EBIT
0.00 (As of Today)

EV/EBIT ratio is calculated as enterprise value divided by its EBIT. As of today, Matrix Asset Management, Inc.'s enterprise value is C$2.29 Mil. Matrix Asset Management, Inc.'s operating income for the trailing twelve months (TTM) ended in Sep. 2013 was C$-11.99 Mil. Therefore, Matrix Asset Management, Inc.'s EV/EBIT ratio for today is 0.00.

TSX:MTA' s 10-Year EV/EBIT Range
Min: 0   Max: 0
Current: 0

TSX:MTA's EV/EBITis ranked lower than
114% of the 1016 Companies
in the Global Asset Management industry.

( Industry Median: 12.53 vs. TSX:MTA: 0.00 )

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt). Matrix Asset Management, Inc.'s enterprise value for the quarter that ended in Sep. 2013 was C$3.30 Mil. Matrix Asset Management, Inc.'s Operating Income for the trailing twelve months (TTM) ended in Sep. 2013 was C$-11.99 Mil. Matrix Asset Management, Inc.'s Earnings Yield (Joel Greenblatt) for the quarter that ended in Sep. 2013 was 0.00%.


Definition

Matrix Asset Management, Inc.'s EV/EBIT for today is calculated as:

EV/EBIT=Enterprise Value (Today)/Operating Income (TTM)
=2.294/-11.993
=

Matrix Asset Management, Inc.'s current Enterprise Value is C$2.29 Mil.
Matrix Asset Management, Inc.'s Operating Income for the trailing twelve months (TTM) ended in Sep. 2013 was -3.856 (Dec. 2012 ) + -1.375 (Mar. 2013 ) + -2.94 (Jun. 2013 ) + -3.822 (Sep. 2013 ) = C$-11.99 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).

Matrix Asset Management, Inc.'s Earnings Yield (Joel Greenblatt) for the quarter that ended in Sep. 2013 is calculated as:

Earnings Yield (Joel Greenblatt) (Q: Sep. 2013 )=Operating Income (TTM)/Enterprise Value (Q: Sep. 2013 )
=-11.993/3.2983
= %

Matrix Asset Management, Inc.'s Enterprise Value for the quarter that ended in Sep. 2013 was C$3.30 Mil.
Matrix Asset Management, Inc.'s Operating Income for the trailing twelve months (TTM) ended in Sep. 2013 was -3.856 (Dec. 2012 ) + -1.375 (Mar. 2013 ) + -2.94 (Jun. 2013 ) + -3.822 (Sep. 2013 ) = C$-11.99 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.

Matrix Asset Management, Inc. Annual Data

Dec03Dec04Dec05Dec06Dec07Dec08Dec09Dec10Dec11Dec12
ev2ebit 53.250.000.000.000.000.000.001,245.750.000.00

Matrix Asset Management, Inc. Quarterly Data

Jun11Sep11Dec11Mar12Jun12Sep12Dec12Mar13Jun13Sep13
ev2ebit 0.000.000.000.000.000.000.000.000.000.00
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