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Alleghany Corp (NYSE:Y)
EV/EBIT
9.23 (As of Today)

EV/EBIT ratio is calculated as enterprise value divided by its Earnings Before Interest and Taxes (EBIT). As of today, Alleghany Corp's enterprise value is $8,496 Mil. Alleghany Corp's earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2015 was $921 Mil. Therefore, Alleghany Corp's EV/EBIT ratio for today is 9.23.

Y' s 10-Year EV/EBIT Range
Min: -153.4   Max: 243.7
Current: 9.23

-153.4
243.7

During the past 13 years, the highest EV/EBIT Ratio of Alleghany Corp was 243.70. The lowest was -153.40. And the median was 9.50.

Y's EV/EBITis ranked lower than
56% of the 112 Companies
in the Global Insurance - Property & Casualty industry.

( Industry Median: 8.78 vs. Y: 9.23 )

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt). Alleghany Corp's enterprise value for the quarter that ended in Mar. 2015 was $8,514 Mil. Alleghany Corp's earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2015 was $921 Mil. Alleghany Corp's Earnings Yield (Joel Greenblatt) for the quarter that ended in Mar. 2015 was 10.81%.


Definition

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

EV/EBIT=Enterprise Value (Today)/Earnings Before Interest and Taxes (EBIT) (TTM)
=8495.723/920.502
=9.23

Alleghany Corp's current Enterprise Value is $8,496 Mil.
Alleghany Corp's Earnings Before Interest and Taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2015 was 224.352 (Jun. 2014 ) + 288.558 (Sep. 2014 ) + 218.917 (Dec. 2014 ) + 188.675 (Mar. 2015 ) = $921 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).

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

Earnings Yield (Joel Greenblatt) (Q: Mar. 2015 )=EBIT (TTM)/Enterprise Value (Q: Mar. 2015 )
=920.502/8513.643
=10.81 %

Alleghany Corp's Enterprise Value for the quarter that ended in Mar. 2015 was $8,514 Mil.
Alleghany Corp's Earnings Before Interest and Taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2015 was 224.352 (Jun. 2014 ) + 288.558 (Sep. 2014 ) + 218.917 (Dec. 2014 ) + 188.675 (Mar. 2015 ) = $921 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.

Alleghany Corp Annual Data

Dec05Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14
ev2ebit 36.697.717.2632.045.619.757.488.207.127.75

Alleghany Corp Quarterly Data

Dec12Mar13Jun13Sep13Dec13Mar14Jun14Sep14Dec14Mar15
ev2ebit 8.2016.0915.2216.367.127.457.846.617.759.25
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