GURUFOCUS.COM » STOCK LIST » Technology » Software » Ecit AS (OSL:ECIT) » Definitions » EV-to-EBIT

Ecit AS (OSL:ECIT) EV-to-EBIT : 15.75 (As of May. 15, 2024)


View and export this data going back to 2021. Start your Free Trial

What is Ecit AS EV-to-EBIT?

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Ecit AS's Enterprise Value is kr3,860 Mil. Ecit AS's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 was kr245 Mil. Therefore, Ecit AS's EV-to-EBIT for today is 15.75.

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

OSL:ECIT' s EV-to-EBIT Range Over the Past 10 Years
Min: 13.74   Med: 16.03   Max: 23.51
Current: 15.75

During the past 6 years, the highest EV-to-EBIT of Ecit AS was 23.51. The lowest was 13.74. And the median was 16.03.

OSL:ECIT's EV-to-EBIT is ranked better than
60.48% of 1660 companies
in the Software industry
Industry Median: 17.825 vs OSL:ECIT: 15.75

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Ecit AS's Enterprise Value for the quarter that ended in Mar. 2024 was kr4,399 Mil. Ecit AS's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 was kr245 Mil. Ecit AS's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 5.57%.


Ecit AS EV-to-EBIT Historical Data

The historical data trend for Ecit AS'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.

Ecit AS EV-to-EBIT Chart

Ecit AS Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EV-to-EBIT
Get a 7-Day Free Trial - - 23.69 15.87 17.79

Ecit AS Quarterly Data
Dec18 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 13.84 15.99 16.66 17.79 17.96

Competitive Comparison of Ecit AS's EV-to-EBIT

For the Information Technology Services subindustry, Ecit AS'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.


Ecit AS's EV-to-EBIT Distribution in the Software Industry

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

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



Ecit AS EV-to-EBIT Calculation

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

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=3859.635/245
=15.75

Ecit AS's current Enterprise Value is kr3,860 Mil.
Ecit AS'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 kr245 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.


Ecit AS  (OSL:ECIT) 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) %.

Ecit AS'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 )
=245/4399.425
=5.57 %

Ecit AS's Enterprise Value for the quarter that ended in Mar. 2024 was kr4,399 Mil.
Ecit AS'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 kr245 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.


Ecit AS EV-to-EBIT Related Terms

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


Ecit AS (OSL:ECIT) Business Description

Traded in Other Exchanges
Address
Rolfsbuktveien 4A, Fornebu, NOR, 1364
Ecit AS provides services within key business areas of IT, Finance & Accounting and Tech across sectors and industries. The company has a model for acquisition and integration, ensuring proximity to customers and local entrepreneurship combined with the strength of a larger international group. The group's business operations are carried out by three divisions: IT, Finance & Accounting, and Tech. The Finance & Accounting division improves customers' efficiency through delivering administrative services in a productive way along with being a key revenue driver for the company.

Ecit AS (OSL:ECIT) Headlines

No Headlines