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Parsons (FRA:59P) EV-to-EBIT : 70.40 (As of May. 03, 2024)


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What is Parsons EV-to-EBIT?

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Parsons's Enterprise Value is €8,582 Mil. Parsons's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 was €122 Mil. Therefore, Parsons's EV-to-EBIT for today is 70.40.

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

FRA:59P' s EV-to-EBIT Range Over the Past 10 Years
Min: 14.27   Med: 30.78   Max: 76.47
Current: 70.23

During the past 8 years, the highest EV-to-EBIT of Parsons was 76.47. The lowest was 14.27. And the median was 30.78.

FRA:59P's EV-to-EBIT is ranked worse than
70.31% of 1647 companies
in the Software industry
Industry Median: 17.72 vs FRA:59P: 70.23

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Parsons's Enterprise Value for the quarter that ended in Mar. 2024 was €9,065 Mil. Parsons's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 was €122 Mil. Parsons's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 1.34%.


Parsons EV-to-EBIT Historical Data

The historical data trend for Parsons'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.

Parsons EV-to-EBIT Chart

Parsons Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EV-to-EBIT
Get a 7-Day Free Trial 49.55 22.59 30.56 29.30 24.97

Parsons Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 26.30 23.40 24.24 24.97 75.51

Competitive Comparison of Parsons's EV-to-EBIT

For the Information Technology Services subindustry, Parsons'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.


Parsons's EV-to-EBIT Distribution in the Software Industry

For the Software industry and Technology sector, Parsons's EV-to-EBIT distribution charts can be found below:

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



Parsons EV-to-EBIT Calculation

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

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=8582.195/121.898
=70.40

Parsons's current Enterprise Value is €8,582 Mil.
Parsons's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was €122 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.


Parsons  (FRA:59P) 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) %.

Parsons's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 is calculated as:

Earnings Yield (Joel Greenblatt) % (Q: Mar. 2024 ) =EBIT / Enterprise Value (Q: Mar. 2024 )
=121.898/9064.662
=1.34 %

Parsons's Enterprise Value for the quarter that ended in Mar. 2024 was €9,065 Mil.
Parsons's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was €122 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.


Parsons EV-to-EBIT Related Terms

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


Parsons (FRA:59P) Business Description

Traded in Other Exchanges
Address
5875 Trinity Parkway, Suite 300, Centreville, VA, USA, 21120
Parsons Corp is a provider of technology-driven solutions in the defense, intelligence, and critical infrastructure markets. The business activities of the group are carried out through Federal Solutions and Critical Infrastructure segments. The Federal Solutions segment is a high-end service and technology provider to the U.S. government, delivering timely, cost-effective solutions for mission-critical projects, whereas the Critical Infrastructure segment provides integrated design and engineering services for complex physical and digital infrastructure around the globe.

Parsons (FRA:59P) Headlines

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