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Legg Mason (Legg Mason) EV-to-EBITDA : 9.77 (As of Apr. 26, 2024)


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What is Legg Mason EV-to-EBITDA?

EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, Legg Mason's enterprise value is $5,666 Mil. Legg Mason's EBITDA for the trailing twelve months (TTM) ended in Jun. 2020 was $580 Mil. Therefore, Legg Mason's EV-to-EBITDA for today is 9.77.

The historical rank and industry rank for Legg Mason's EV-to-EBITDA or its related term are showing as below:

LM' s EV-to-EBITDA Range Over the Past 10 Years
Min: -17.77   Med: 9.45   Max: 129.08
Current: 9.24

During the past 13 years, the highest EV-to-EBITDA of Legg Mason was 129.08. The lowest was -17.77. And the median was 9.45.

LM's EV-to-EBITDA is not ranked
in the Asset Management industry.
Industry Median: 8.425 vs LM: 9.24

EV-to-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 PE Ratio to determine the fair market value of a company.

As of today (2024-04-26), Legg Mason's stock price is $49.99. Legg Mason's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2020 was $2.810. Therefore, Legg Mason's PE Ratio for today is 17.79.

The "classic" EV-to-EBITDA is much better in capturing debt and net cash than the PE Ratio.


Legg Mason EV-to-EBITDA Historical Data

The historical data trend for Legg Mason's EV-to-EBITDA can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Legg Mason EV-to-EBITDA Chart

Legg Mason Annual Data
Trend Mar11 Mar12 Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20
EV-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 46.01 8.09 9.90 15.24 8.81

Legg Mason Quarterly Data
Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20
EV-to-EBITDA Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 25.23 25.98 7.23 8.81 9.69

Competitive Comparison of Legg Mason's EV-to-EBITDA

For the Asset Management subindustry, Legg Mason's EV-to-EBITDA, along with its competitors' market caps and EV-to-EBITDA data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Legg Mason's EV-to-EBITDA Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Legg Mason's EV-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Legg Mason's EV-to-EBITDA falls into.



Legg Mason EV-to-EBITDA Calculation

Legg Mason's EV-to-EBITDA for today is calculated as:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA (TTM)
=5666.074/580.219
=9.77

Legg Mason's current Enterprise Value is $5,666 Mil.
Legg Mason's EBITDA for the trailing twelve months (TTM) ended in Jun. 2020 adds up the quarterly data reported by the company within the most recent 12 months, which was $580 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Legg Mason  (NYSE:LM) EV-to-EBITDA Explanation

EV-to-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 PE Ratio to determine the fair market value of a company.

Legg Mason's PE Ratio for today is calculated as:

PE Ratio=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=49.99/2.810
=17.79

Legg Mason's share price for today is $49.99.
Legg Mason's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2020 adds up the quarterly data reported by the company within the most recent 12 months, which was $2.810.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Study has found that the companies with the lowest EV-to-EBITDA outperforms companies measured as cheap by other ratios such as PE Ratio.

Please read Which price ratio outperforms the enterprise multiple?


Legg Mason EV-to-EBITDA Related Terms

Thank you for viewing the detailed overview of Legg Mason's EV-to-EBITDA provided by GuruFocus.com. Please click on the following links to see related term pages.


Legg Mason (Legg Mason) Business Description

Traded in Other Exchanges
N/A
Address
100 International Drive, Baltimore, MD, USA, 21202-1099
Legg Mason provides investment management services for institutional and individual investors. The firm had $783.4 billion in managed assets at the end of June, spread among its equity (25% of total AUM), fixed-income (57%), alternatives (9%), and money market (9%) investment platforms. Legg Mason uses a multiaffiliate business model, with its single- largest affiliate, Western Asset Management, accounting for more than 60% of managed assets. Other major affiliates include ClearBridge Investments (more than 15% of AUM), Brandywine (less than 10%), and Clarion Partners (less than 10%). The remaining affiliates--Martin Currie, Royce & Associates, EnTrustPermal, QS Investors, and RARE Infrastructure--each account for 2% or less of Legg Mason's managed assets.