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Westfield (ASX:WDC) EV-to-EBIT : 13.25 (As of May. 25, 2024)


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What is Westfield EV-to-EBIT?

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Westfield's Enterprise Value is A$26,667.35 Mil. Westfield's EBIT for the trailing twelve months (TTM) ended in Dec. 2017 was A$2,012.18 Mil. Therefore, Westfield's EV-to-EBIT for today is 13.25.

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

ASX:WDC' s EV-to-EBIT Range Over the Past 10 Years
Min: -60.9   Med: 11   Max: 65.7
Current: 13.63

During the past 13 years, the highest EV-to-EBIT of Westfield was 65.70. The lowest was -60.90. And the median was 11.00.

ASX:WDC's EV-to-EBIT is not ranked
in the REITs industry.
Industry Median: 20.54 vs ASX:WDC: 13.63

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Westfield's Enterprise Value for the quarter that ended in Dec. 2017 was A$0.00 Mil. Westfield's EBIT for the trailing twelve months (TTM) ended in Dec. 2017 was A$2,012.18 Mil. Westfield's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2017 was %.


Westfield EV-to-EBIT Historical Data

The historical data trend for Westfield's EV-to-EBIT 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.

Westfield EV-to-EBIT Chart

Westfield Annual Data
Trend Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17
EV-to-EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 9.13 64.68 13.95 11.83 14.30

Westfield Semi-Annual Data
Jun08 Dec08 Jun09 Dec09 Jun10 Dec10 Jun11 Dec11 Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17
EV-to-EBIT 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 13.95 - 11.83 - 14.30

Competitive Comparison of Westfield's EV-to-EBIT

For the REIT - Retail subindustry, Westfield's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT 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.


Westfield's EV-to-EBIT Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Westfield's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Westfield's EV-to-EBIT falls into.



Westfield EV-to-EBIT Calculation

Westfield's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=26667.349/2012.18
=13.25

Westfield's current Enterprise Value is A$26,667.35 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Westfield's EBIT for the trailing twelve months (TTM) ended in Dec. 2017 was A$2,012.18 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.


Westfield  (ASX:WDC) EV-to-EBIT Explanation

This is a more accurate valuation of companies' operation because it considers 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) %.

Westfield's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2017 is calculated as:

Earnings Yield (Joel Greenblatt) % (Q: Dec. 2017 ) =EBIT / Enterprise Value (Q: Dec. 2017 )
=2012.18/0
= %

Westfield's Enterprise Value for the quarter that ended in Dec. 2017 was A$0.00 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Westfield's EBIT for the trailing twelve months (TTM) ended in Dec. 2017 was A$2,012.18 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.


Westfield EV-to-EBIT Related Terms

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


Westfield (ASX:WDC) Business Description

Traded in Other Exchanges
N/A
Address
Westfield is one of the largest global retail REITs, with interests in 35 malls with a gross value of USD 21.4 billion and external assets under management of USD 13 billion. Westfield's passive investments generate about 80% of group EBIT, with the balance derived from management fees and development income. It differs from peers by developing malls in signature locations, and aims to make each of its assets into a destination centre, with comprehensive entertainment facilities and premium retailers.