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GuruFocus has detected 5 Warning Signs with Fortress Investment Group LLC $FIG.
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Fortress Investment Group LLC (NYSE:FIG)
EV-to-EBITDA
13.20 (As of Today)

EV/EBITDA ratio is calculated as enterprise value divided by its EBITDA. As of today, Fortress Investment Group LLC's enterprise value is $3,211 Mil. Fortress Investment Group LLC's earnings before depreciation and amortization for the trailing twelve months (TTM) ended in Dec. 2016 was $243 Mil. Therefore, Fortress Investment Group LLC's EV/EBITDA ratio for today is 13.20.

FIG' s EV-to-EBITDA Range Over the Past 10 Years
Min: -18.7   Max: 40
Current: 13.22

-18.7
40

During the past 13 years, the highest EV/EBITDA Ratio of Fortress Investment Group LLC was 40.00. The lowest was -18.70. And the median was 3.70.

FIG's EV-to-EBITDA is ranked lower than
58% of the 1333 Companies
in the Global Asset Management industry.

( Industry Median: 11.65 vs. FIG: 13.22 )

EV/EBITDA (Enterprise value/EBITDA) is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the P/E Ratio to determine the fair market value of a company.

As of today, Fortress Investment Group LLC's stock price is $8.04. Fortress Investment Group LLC's earnings per share for the trailing twelve months (TTM) ended in Dec. 2016 was $0.32. Therefore, Fortress Investment Group LLC's P/E Ratio for today is 25.13.

The "classic" EV/EBITDA ratio is much better in capturing debt and net cash than the P/E Ratio.


Definition

Fortress Investment Group LLC's EV/EBITDA for today is calculated as:

EV/EBITDA=Enterprise Value (Today)/Earnings Before Depreciation and Amortization (TTM)
=3210.707/243.167
=13.20

Fortress Investment Group LLC's current Enterprise Value is $3,211 Mil.
Fortress Investment Group LLC's Earnings Before Depreciation and Amortization for the trailing twelve months (TTM) ended in Dec. 2016 was -5.593 (Mar. 2016 ) + -13.544 (Jun. 2016 ) + 73.44 (Sep. 2016 ) + 188.864 (Dec. 2016 ) = $243 Mil.

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.


Explanation

EV/EBITDA (Enterprise value/EBITDA) is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the P/E Ratio to determine the fair market value of a company.

Fortress Investment Group LLC's P/E Ratio for today is calculated as:

P/E Ratio=Share Price (Today)/Earnings Per Share (TTM)
=8.04/0.32
=25.13

Fortress Investment Group LLC's share price for today is $8.04.
Fortress Investment Group LLC's Earnings Per Share for the trailing twelve months (TTM) ended in Dec. 2016 was -0.04 (Mar. 2016 ) + -0.07 (Jun. 2016 ) + 0.07 (Sep. 2016 ) + 0.36 (Dec. 2016 ) = $0.32.

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

Study has found that the companies with the lowest EV/EBITDA outperforms companies measured as cheap by other ratios such as P/E Ratio.

Please read Which price ratio outperforms the enterprise multiple?


Related Terms

Enterprise Value, Earnings Before Depreciation and Amortization, P/E Ratio


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

Fortress Investment Group LLC Annual Data

Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14Dec15Dec16
ev2ebitda -28.94-0.20-2.94-4.75-2.129.268.1211.687.908.17

Fortress Investment Group LLC Quarterly Data

Sep14Dec14Mar15Jun15Sep15Dec15Mar16Jun16Sep16Dec16
ev2ebitda 8.0611.689.4710.618.487.9011.4112.298.058.17
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