LexinFintech Holdings (NAS:LX) EV-to-EBIT

: 7.53 (As of Today)

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EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, LexinFintech Holdings's Enterprise Value is $1,496 Mil. LexinFintech Holdings's EBIT for the trailing twelve months (TTM) ended in Mar. 2023 was $199 Mil. Therefore, LexinFintech Holdings's EV-to-EBIT for today is 7.53.

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

LX' s EV-to-EBIT Range Over the Past 10 Years
Min: 2.79 Med: 8.85 Max: 79.76
Current: 7.53

During the past 8 years, the highest EV-to-EBIT of LexinFintech Holdings was 79.76. The lowest was 2.79. And the median was 8.85.

LX's EV-to-EBIT is ranked better than
79.41% of 272 companies
in the Credit Services industry
Industry Median: 21.58 vs LX: 7.53

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. LexinFintech Holdings's Enterprise Value for the quarter that ended in Mar. 2023 was $1,563 Mil. LexinFintech Holdings's EBIT for the trailing twelve months (TTM) ended in Mar. 2023 was $199 Mil. LexinFintech Holdings's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2023 was 12.71%.

LexinFintech Holdings EV-to-EBIT Historical Data

The historical data trend for LexinFintech 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.

LexinFintech Holdings Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

EV-to-EBIT

6.03

8.63

20.65

3.33

8.90

LexinFintech Holdings Quarterly Data
	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23
EV-to-EBIT																4.17	6.81	8.65	8.90	7.87

Competitive Comparison

For the Credit Services subindustry, LexinFintech 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.

Annual Data Quarterly Data

LexinFintech Holdings EV-to-EBIT Distribution

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

* The bar in red indicates where LexinFintech Holdings's EV-to-EBIT falls in comparison to its industry or sector. The grey bar indicates the EV-to-EBIT's extreme value range as defined by GuruFocus.

LexinFintech Holdings EV-to-EBIT Calculation

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

EV-to-EBIT	=	Enterprise Value (Today)	/	EBIT (TTM)
	=	1496.249	/	198.722
	=	7.53

LexinFintech Holdings's current Enterprise Value is $1,496 Mil.
LexinFintech Holdings's EBIT for the trailing twelve months (TTM) ended in Mar. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $199 Mil.

LexinFintech Holdings (NAS:LX) 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) %.

LexinFintech Holdings's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2023 is calculated as:

Earnings Yield (Joel Greenblatt) % (Q: Mar. 2023 )	=	EBIT	/	Enterprise Value (Q: Mar. 2023 )
	=	198.722	/	1563.43688
	=	12.71 %

LexinFintech Holdings's Enterprise Value for the quarter that ended in Mar. 2023 was $1,563 Mil.
LexinFintech Holdings's EBIT for the trailing twelve months (TTM) ended in Mar. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $199 Mil.

LexinFintech Holdings EV-to-EBIT Related Terms

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LexinFintech Holdings (NAS:LX) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » LexinFintech Holdings Ltd (NAS:LX) » Definitions » EV-to-EBIT

Comparable Companies

Traded in Other Exchanges

1LFA:Germany

Address

No. 3099 Keyuan South Road, 27th Floor, China Energy Storage Tower, Nanshan District, Shenzhen, CHN, 518057

Website

http://ir.lexin.com

LexinFintech Holdings Ltd is an online consumer finance platform and a technology-driven service provider in China. The group is engaged primarily in online direct sales services and online consumer financial services for its customers in China. It offers online direct sales with installment payment terms and offers installment purchase loans and personal installment loans mainly through its retail and online consumer finance platform www.fenqile.com, and its mobile application to young adults between the age of 18 and 36 in the People's Republic of China. The company also finances the loans with proceeds from partnering peer-to-peer lending platforms, commercial banks, and other financial institutions. Geographically, it derives revenue from China.