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Legg Mason Inc  (NYSE:LM) EV-to-EBIT: 9.30 (As of Today)

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Legg Mason Inc's Enterprise Value is $4,838 Mil. Legg Mason Inc's EBIT for the trailing twelve months (TTM) ended in Jun. 2017 was $520 Mil. Therefore, Legg Mason Inc's EV-to-EBIT for today is 9.30.

NYSE:LM' s EV-to-EBIT Range Over the Past 10 Years
Min: -202.4   Max: 277
Current: 9.31

-202.4
277

During the past 13 years, the highest EV-to-EBIT of Legg Mason Inc was 277.00. The lowest was -202.40. And the median was 10.45.

NYSE:LM's EV-to-EBIT is ranked higher than
55% of the 1125 Companies
in the Global industry.

( Industry Median: 10.93 vs. NYSE:LM: 9.31 )

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Legg Mason Inc's Enterprise Value for the quarter that ended in Jun. 2017 was $4,940 Mil. Legg Mason Inc's EBIT for the trailing twelve months (TTM) ended in Jun. 2017 was $520 Mil. Legg Mason Inc's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2017 was 10.52%.


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

* Premium members only.

Legg Mason Inc Annual Data

Mar08 Mar09 Mar10 Mar11 Mar12 Mar13 Mar14 Mar15 Mar16 Mar17
EV-to-EBIT Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -8.95 11.52 14.14 155.77 9.29

Legg Mason Inc Quarterly Data

Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17
EV-to-EBIT 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 Premium Member Only Premium Member Only Premium Member Only -179.91 267.06 10.68 9.29 9.42

Competitive Comparison
* 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.


Calculation

Legg Mason Inc's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=4837.560/519.893
=9.30

Legg Mason Inc's current Enterprise Value is $4,838 Mil.
Legg Mason Inc's EBIT for the trailing twelve months (TTM) ended in Jun. 2017 was 144.359 (Sep. 2016 ) + 120.463 (Dec. 2016 ) + 134.013 (Mar. 2017 ) + 121.058 (Jun. 2017 ) = $520 Mil.

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.


Explanation

This is a more accurate valuation of companies' operation because it consider 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) %.

Legg Mason Inc's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2017 is calculated as:

Earnings Yield (Joel Greenblatt) % (Q: Jun. 2017 =EBIT / Enterprise Value (Q: Jun. 2017 )
=519.893/4939.7706
=10.52 %

Legg Mason Inc's Enterprise Value for the quarter that ended in >Jun. 2017 was $4,940 Mil.
Legg Mason Inc's EBIT for the trailing twelve months (TTM) ended in Jun. 2017 was 144.359 (Sep. 2016 ) + 120.463 (Dec. 2016 ) + 134.013 (Mar. 2017 ) + 121.058 (Jun. 2017 ) = $520 Mil.

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.


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