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GuruFocus has detected 7 Warning Signs with Medley Capital Corp $MCC.
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Medley Capital Corp (NYSE:MCC)
EV-to-EBIT
124.77 (As of Today)

EV/EBIT ratio is calculated as enterprise value divided by its Earnings Before Interest and Taxes (EBIT). As of today, Medley Capital Corp's enterprise value is $641.20 Mil. Medley Capital Corp's earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2017 was $5.14 Mil. Therefore, Medley Capital Corp's EV/EBIT ratio for today is 124.77.

MCC' s EV-to-EBIT Range Over the Past 10 Years
Min: -3901.1   Max: 139
Current: 124.74

-3901.1
139

During the past 6 years, the highest EV/EBIT Ratio of Medley Capital Corp was 139.00. The lowest was -3901.10. And the median was 16.65.

MCC's EV-to-EBIT is ranked lower than
95% of the 1125 Companies
in the Global Asset Management industry.

( Industry Median: 10.93 vs. MCC: 124.74 )

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt). Medley Capital Corp's enterprise value for the quarter that ended in Mar. 2017 was $711.96 Mil. Medley Capital Corp's earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2017 was $5.14 Mil. Medley Capital Corp's Earnings Yield (Joel Greenblatt) for the quarter that ended in Mar. 2017 was 0.72%.


Definition

Medley Capital Corp's EV/EBIT for today is calculated as:

EV/EBIT=Enterprise Value (Today)/Earnings Before Interest and Taxes (EBIT) (TTM)
=641.201/5.139
=124.77

Medley Capital Corp's current Enterprise Value is $641.20 Mil.
Medley Capital Corp's Earnings Before Interest and Taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2017 was 14.022 (Jun. 2016 ) + -3.228 (Sep. 2016 ) + 6.593 (Dec. 2016 ) + -12.248 (Mar. 2017 ) = $5.14 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).

Medley Capital Corp's Earnings Yield (Joel Greenblatt) for the quarter that ended in Mar. 2017 is calculated as:

Earnings Yield (Joel Greenblatt) (Q: Mar. 2017 )=EBIT (TTM)/Enterprise Value (Q: Mar. 2017 )
=5.139/711.9643
=0.72 %

Medley Capital Corp's Enterprise Value for the quarter that ended in Mar. 2017 was $711.96 Mil.
Medley Capital Corp's Earnings Before Interest and Taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2017 was 14.022 (Jun. 2016 ) + -3.228 (Sep. 2016 ) + 6.593 (Dec. 2016 ) + -12.248 (Mar. 2017 ) = $5.14 Mil.

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


Related Terms

Enterprise Value, Earnings Yield (Joel Greenblatt), Earnings Before Interest and Taxes (EBIT)


Historical Data

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

Medley Capital Corp Annual Data

Sep11Sep12Sep13Sep14Sep15Sep16
ev2ebit 0.000.000.000.0016.5119.6220.2622.59-68.47-29.06

Medley Capital Corp Quarterly Data

Dec14Mar15Jun15Sep15Dec15Mar16Jun16Sep16Dec16Mar17
ev2ebit 64.9589.69-3,776.32-68.47-27.69-18.32-21.06-29.0645.62138.54
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