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WisdomTree Investments Inc (NAS:WETF)
EV/EBIT
24.26 (As of Today)

EV/EBIT ratio is calculated as enterprise value divided by its Earnings Before Interest and Taxes (EBIT). As of today, WisdomTree Investments Inc's enterprise value is $2,399.0 Mil. WisdomTree Investments Inc's earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2015 was $98.9 Mil. Therefore, WisdomTree Investments Inc's EV/EBIT ratio for today is 24.26.

WETF' s 10-Year EV/EBIT Range
Min: -953.4   Max: 716.3
Current: 24.25

-953.4
716.3

During the past 13 years, the highest EV/EBIT Ratio of WisdomTree Investments Inc was 716.30. The lowest was -953.40. And the median was 35.20.

WETF's EV/EBITis ranked lower than
76% of the 970 Companies
in the Global Asset Management industry.

( Industry Median: 13.41 vs. WETF: 24.25 )

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt). WisdomTree Investments Inc's enterprise value for the quarter that ended in Jun. 2015 was $2,804.8 Mil. WisdomTree Investments Inc's earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2015 was $98.9 Mil. WisdomTree Investments Inc's Earnings Yield (Joel Greenblatt) for the quarter that ended in Jun. 2015 was 3.53%.


Definition

WisdomTree Investments Inc's EV/EBIT for today is calculated as:

EV/EBIT=Enterprise Value (Today)/Earnings Before Interest and Taxes (EBIT) (TTM)
=2398.958/98.894
=24.26

WisdomTree Investments Inc's current Enterprise Value is $2,399.0 Mil.
WisdomTree Investments Inc's Earnings Before Interest and Taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2015 was 20.257 (Sep. 2014 ) + 16.679 (Dec. 2014 ) + 21.02 (Mar. 2015 ) + 40.938 (Jun. 2015 ) = $98.9 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).

WisdomTree Investments Inc'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 )
=98.894/2804.77715
=3.53 %

WisdomTree Investments Inc's Enterprise Value for the quarter that ended in Jun. 2015 was $2,804.8 Mil.
WisdomTree Investments Inc's Earnings Before Interest and Taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2015 was 20.257 (Sep. 2014 ) + 16.679 (Dec. 2014 ) + 21.02 (Mar. 2015 ) + 40.938 (Jun. 2015 ) = $98.9 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.

WisdomTree Investments Inc Annual Data

Dec99Dec00Dec01Dec02Jun03Dec10Dec11Dec12Dec13Dec14
ev2ebit 0.000.041.46-2.46-1.63-118.41217.4965.7742.7726.19

WisdomTree Investments Inc Quarterly Data

Mar13Jun13Sep13Dec13Mar14Jun14Sep14Dec14Mar15Jun15
ev2ebit 71.7246.4134.5242.7726.9422.0018.4126.1935.3128.36
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