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K2 Asset Management Holdings (ASX:KAM) EV-to-EBIT : -4.38 (As of Apr. 26, 2024)


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What is K2 Asset Management Holdings EV-to-EBIT?

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, K2 Asset Management Holdings's Enterprise Value is A$4.98 Mil. K2 Asset Management Holdings's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was A$-1.14 Mil. Therefore, K2 Asset Management Holdings's EV-to-EBIT for today is -4.38.

The historical rank and industry rank for K2 Asset Management Holdings's EV-to-EBIT or its related term are showing as below:

ASX:KAM' s EV-to-EBIT Range Over the Past 10 Years
Min: -17.57   Med: 1.36   Max: 26.42
Current: -4.37

During the past 13 years, the highest EV-to-EBIT of K2 Asset Management Holdings was 26.42. The lowest was -17.57. And the median was 1.36.

ASX:KAM's EV-to-EBIT is ranked worse than
100% of 502 companies
in the Asset Management industry
Industry Median: 9.75 vs ASX:KAM: -4.37

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. K2 Asset Management Holdings's Enterprise Value for the quarter that ended in Dec. 2023 was A$8.84 Mil. K2 Asset Management Holdings's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was A$-1.14 Mil. K2 Asset Management Holdings's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was -12.88%.


K2 Asset Management Holdings EV-to-EBIT Historical Data

The historical data trend for K2 Asset Management Holdings'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.

K2 Asset Management Holdings EV-to-EBIT Chart

K2 Asset Management Holdings Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
EV-to-EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.12 11.92 -21.79 5.75 -4.48

K2 Asset Management Holdings Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 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 Premium Member Only Premium Member Only - 5.75 - -4.48 -

Competitive Comparison of K2 Asset Management Holdings's EV-to-EBIT

For the Asset Management subindustry, K2 Asset Management Holdings'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.


K2 Asset Management Holdings's EV-to-EBIT Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, K2 Asset Management Holdings's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where K2 Asset Management Holdings's EV-to-EBIT falls into.



K2 Asset Management Holdings EV-to-EBIT Calculation

K2 Asset Management Holdings's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=4.979/-1.138
=-4.38

K2 Asset Management Holdings's current Enterprise Value is A$4.98 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. K2 Asset Management Holdings's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was A$-1.14 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.


K2 Asset Management Holdings  (ASX:KAM) 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) %.

K2 Asset Management Holdings'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 )
=-1.138/8.836695
=-12.88 %

K2 Asset Management Holdings's Enterprise Value for the quarter that ended in Dec. 2023 was A$8.84 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. K2 Asset Management Holdings's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was A$-1.14 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.


K2 Asset Management Holdings EV-to-EBIT Related Terms

Thank you for viewing the detailed overview of K2 Asset Management Holdings's EV-to-EBIT provided by GuruFocus.com. Please click on the following links to see related term pages.


K2 Asset Management Holdings (ASX:KAM) Business Description

Traded in Other Exchanges
N/A
Address
101 Collins Street, Level 32, Melbourne, VIC, AUS, 3000
K2 Asset Management Holdings Ltd is an Australia-based fund holding company specializing in managing funds for retail, wholesale, and institutional investors. The firm invests in the public equity markets across the globe. It manages equity mutual funds for its clients. The company gets a majority of its revenue from management and performance fees.

K2 Asset Management Holdings (ASX:KAM) Headlines

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