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Zipcar Inc (NAS:ZIP)
EV/EBIT
88.93 (As of Today)

EV/EBIT ratio is calculated as enterprise value divided by its EBIT. As of today, Zipcar Inc's enterprise value is $542.3 Mil. Zipcar Inc's operating income for the trailing twelve months (TTM) ended in Dec. 2012 was $6.1 Mil. Therefore, Zipcar Inc's EV/EBIT ratio for today is 88.93.

ZIP' s 10-Year EV/EBIT Range
Min: 75.6   Max: 729.9
Current: 88.93

75.6
729.9

During the past 5 years, the highest EV/EBIT Ratio of Zipcar Inc was 729.90. The lowest was 75.60. And the median was 257.55.

ZIP's EV/EBITis ranked lower than
76% of the 88 Companies
in the Global Personal Services industry.

( Industry Median: 21.15 vs. ZIP: 88.93 )

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt). Zipcar Inc's enterprise value for the quarter that ended in Dec. 2012 was $364.8 Mil. Zipcar Inc's Operating Income for the trailing twelve months (TTM) ended in Dec. 2012 was $6.1 Mil. Zipcar Inc's Earnings Yield (Joel Greenblatt) for the quarter that ended in Dec. 2012 was 2.32%.


Definition

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

EV/EBIT=Enterprise Value (Today)/Operating Income (TTM)
=542.289/6.098
=88.93

Zipcar Inc's current Enterprise Value is $542.3 Mil.
Zipcar Inc's Operating Income for the trailing twelve months (TTM) ended in Dec. 2012 was -2.131 (Mar. 2012 ) + 0.719 (Jun. 2012 ) + 4.342 (Sep. 2012 ) + 3.168 (Dec. 2012 ) = $6.1 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).

Zipcar Inc's Earnings Yield (Joel Greenblatt) for the quarter that ended in Dec. 2012 is calculated as:

Earnings Yield (Joel Greenblatt) (Q: Dec. 2012 )=Operating Income (TTM)/Enterprise Value (Q: Dec. 2012 )
=6.098/364.82404
=1.67 %

Zipcar Inc's Enterprise Value for the quarter that ended in Dec. 2012 was $364.8 Mil.
Zipcar Inc's Operating Income for the trailing twelve months (TTM) ended in Dec. 2012 was -2.131 (Mar. 2012 ) + 0.719 (Jun. 2012 ) + 4.342 (Sep. 2012 ) + 3.168 (Dec. 2012 ) = $6.1 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.

Zipcar Inc Annual Data

Dec08Dec09Dec10Dec11Dec12
ev2ebit 0.000.000.000.000.000.000.000.000.0043.05

Zipcar Inc Quarterly Data

Sep10Dec10Mar11Jun11Sep11Dec11Mar12Jun12Sep12Dec12
ev2ebit 0.000.000.000.000.000.00941.14200.0348.6043.05
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