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Flagship Communities REIT (TSX:MHC.U) EV-to-EBIT : 11.97 (As of May. 01, 2024)


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What is Flagship Communities REIT EV-to-EBIT?

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Flagship Communities REIT's Enterprise Value is $950.76 Mil. Flagship Communities REIT's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was $79.43 Mil. Therefore, Flagship Communities REIT's EV-to-EBIT for today is 11.97.

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

TSX:MHC.U' s EV-to-EBIT Range Over the Past 10 Years
Min: 5.42   Med: 9.65   Max: 122.03
Current: 11.97

During the past 6 years, the highest EV-to-EBIT of Flagship Communities REIT was 122.03. The lowest was 5.42. And the median was 9.65.

TSX:MHC.U's EV-to-EBIT is ranked better than
72.08% of 573 companies
in the REITs industry
Industry Median: 20.14 vs TSX:MHC.U: 11.97

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Flagship Communities REIT's Enterprise Value for the quarter that ended in Dec. 2023 was $691.69 Mil. Flagship Communities REIT's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was $79.43 Mil. Flagship Communities REIT's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 11.48%.


Flagship Communities REIT EV-to-EBIT Historical Data

The historical data trend for Flagship Communities REIT'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.

Flagship Communities REIT EV-to-EBIT Chart

Flagship Communities REIT Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EV-to-EBIT
Get a 7-Day Free Trial - - 7.58 11.98 8.71

Flagship Communities REIT Quarterly Data
Dec18 Jun19 Dec19 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 11.98 9.65 10.32 8.39 8.71

Competitive Comparison of Flagship Communities REIT's EV-to-EBIT

For the REIT - Residential subindustry, Flagship Communities REIT'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.


Flagship Communities REIT's EV-to-EBIT Distribution in the REITs Industry

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

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



Flagship Communities REIT EV-to-EBIT Calculation

Flagship Communities REIT's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=950.761/79.43
=11.97

Flagship Communities REIT's current Enterprise Value is $950.76 Mil.
Flagship Communities REIT's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $79.43 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.


Flagship Communities REIT  (TSX:MHC.U) 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) %.

Flagship Communities REIT's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 is calculated as:

Earnings Yield (Joel Greenblatt) % (Q: Dec. 2023 ) =EBIT / Enterprise Value (Q: Dec. 2023 )
=79.43/691.69487
=11.48 %

Flagship Communities REIT's Enterprise Value for the quarter that ended in Dec. 2023 was $691.69 Mil.
Flagship Communities REIT's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $79.43 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.


Flagship Communities REIT EV-to-EBIT Related Terms

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


Flagship Communities REIT (TSX:MHC.U) Business Description

Traded in Other Exchanges
Address
467 Erlanger Road, Erlanger, KY, USA, 41018
Flagship Communities REIT is an open-ended real estate investment trust. It is formed for the purpose of owning and operating a portfolio of income-producing manufactured housing communities and related assets. The objective of the trust is to provide unitholders with predictable, sustainable and growing cash distributions. The company owns, manages and operates multifamily properties located in the United States.

Flagship Communities REIT (TSX:MHC.U) Headlines

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