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Jet2 (DRTGF) EV-to-EBIT : 1.80 (As of Apr. 27, 2024)


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What is Jet2 EV-to-EBIT?

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Jet2's Enterprise Value is $1,444 Mil. Jet2's EBIT for the trailing twelve months (TTM) ended in Sep. 2023 was $801 Mil. Therefore, Jet2's EV-to-EBIT for today is 1.80.

The historical rank and industry rank for Jet2's EV-to-EBIT or its related term are showing as below:

DRTGF' s EV-to-EBIT Range Over the Past 10 Years
Min: -8.36   Med: 4.39   Max: 16.32
Current: 1.98

During the past 13 years, the highest EV-to-EBIT of Jet2 was 16.32. The lowest was -8.36. And the median was 4.39.

DRTGF's EV-to-EBIT is ranked better than
95.31% of 618 companies
in the Travel & Leisure industry
Industry Median: 15.775 vs DRTGF: 1.98

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Jet2's Enterprise Value for the quarter that ended in Sep. 2023 was $762 Mil. Jet2's EBIT for the trailing twelve months (TTM) ended in Sep. 2023 was $801 Mil. Jet2's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2023 was 105.04%.


Jet2 EV-to-EBIT Historical Data

The historical data trend for Jet2'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.

Jet2 EV-to-EBIT Chart

Jet2 Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
EV-to-EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.36 3.29 -8.10 -5.45 3.61

Jet2 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 - -5.45 - 3.61 -

Competitive Comparison of Jet2's EV-to-EBIT

For the Travel Services subindustry, Jet2'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.


Jet2's EV-to-EBIT Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Jet2's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Jet2's EV-to-EBIT falls into.



Jet2 EV-to-EBIT Calculation

Jet2's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=1443.809/800.53
=1.80

Jet2's current Enterprise Value is $1,444 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Jet2's EBIT for the trailing twelve months (TTM) ended in Sep. 2023 was $801 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.


Jet2  (OTCPK:DRTGF) 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) %.

Jet2'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 )
=800.53/762.1423475
=105.04 %

Jet2's Enterprise Value for the quarter that ended in Sep. 2023 was $762 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Jet2's EBIT for the trailing twelve months (TTM) ended in Sep. 2023 was $801 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.


Jet2 EV-to-EBIT Related Terms

Thank you for viewing the detailed overview of Jet2's EV-to-EBIT provided by GuruFocus.com. Please click on the following links to see related term pages.


Jet2 (DRTGF) Business Description

Traded in Other Exchanges
Address
Low Fare Finder House, Leeds Bradford Airport, Leeds, GBR, LS19 7TU
Jet2 PLC provides licensed packages for leisure flights and stays at a multitude of vacation destinations. The company reports in one operating segment: leisure travel. The leisure travel segment delivers scheduled flights by its airline, Jet2.com, to the Mediterranean, Canary Islands, and other European vacation destinations. It utilizes licensed package holidays by its tour operator, Jet2holidays, to offer hotel accommodations and other useful amenities. It revenue through Package holidays and operates mainly in United Kingdom.

Jet2 (DRTGF) Headlines