GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Coronation Fund Managers Ltd (GREY:COFUF) » Definitions » EV-to-EBIT

Coronation Fund Managers (Coronation Fund Managers) EV-to-EBIT : 5.87 (As of May. 20, 2024)


View and export this data going back to 2015. Start your Free Trial

What is Coronation Fund Managers EV-to-EBIT?

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Coronation Fund Managers's Enterprise Value is $612.3 Mil. Coronation Fund Managers's EBIT for the trailing twelve months (TTM) ended in Sep. 2023 was $104.4 Mil. Therefore, Coronation Fund Managers's EV-to-EBIT for today is 5.87.

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

COFUF' s EV-to-EBIT Range Over the Past 10 Years
Min: 4.36   Med: 9.23   Max: 23.35
Current: 5.43

During the past 13 years, the highest EV-to-EBIT of Coronation Fund Managers was 23.35. The lowest was 4.36. And the median was 9.23.

COFUF's EV-to-EBIT is ranked better than
66.46% of 492 companies
in the Asset Management industry
Industry Median: 9.835 vs COFUF: 5.43

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Coronation Fund Managers's Enterprise Value for the quarter that ended in Sep. 2023 was $0.0 Mil. Coronation Fund Managers's EBIT for the trailing twelve months (TTM) ended in Sep. 2023 was $104.4 Mil. Coronation Fund Managers's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2023 was %.


Coronation Fund Managers EV-to-EBIT Historical Data

The historical data trend for Coronation Fund Managers'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.

Coronation Fund Managers EV-to-EBIT Chart

Coronation Fund Managers Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
EV-to-EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 8.86 7.64 7.33 5.79 5.12

Coronation Fund Managers Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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 7.33 - 5.79 - 5.12

Competitive Comparison of Coronation Fund Managers's EV-to-EBIT

For the Asset Management subindustry, Coronation Fund Managers'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.


Coronation Fund Managers's EV-to-EBIT Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Coronation Fund Managers's EV-to-EBIT distribution charts can be found below:

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



Coronation Fund Managers EV-to-EBIT Calculation

Coronation Fund Managers's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=612.321/104.376
=5.87

Coronation Fund Managers's current Enterprise Value is $612.3 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Coronation Fund Managers's EBIT for the trailing twelve months (TTM) ended in Sep. 2023 was $104.4 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.


Coronation Fund Managers  (GREY:COFUF) 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) %.

Coronation Fund Managers's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2023 is calculated as:

Earnings Yield (Joel Greenblatt) % (Q: Sep. 2023 ) =EBIT / Enterprise Value (Q: Sep. 2023 )
=104.376/0
= %

Coronation Fund Managers's Enterprise Value for the quarter that ended in Sep. 2023 was $0.0 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Coronation Fund Managers's EBIT for the trailing twelve months (TTM) ended in Sep. 2023 was $104.4 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.


Coronation Fund Managers EV-to-EBIT Related Terms

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


Coronation Fund Managers (Coronation Fund Managers) Business Description

Traded in Other Exchanges
Address
Cnr Campground and Main Roads, 7th Floor, MontClare Place, Claremont, Cape Town, WC, ZAF, 7708
Coronation Fund Managers Ltd provides asset management services through segregated and pooled investment vehicles. Clients for the asset manager include pension and provident funds, unit trusts, banks, insurers, and other fund managers. Based out of South Africa, Coronation derives the majority of its revenue from a domestic client base. In addition to managing institutional assets, local retail investors are serviced through non-affiliated channels of independent financial advisors and linked investment service providers. Fund offerings range from income to growth, and also include international portfolios.

Coronation Fund Managers (Coronation Fund Managers) Headlines

No Headlines