GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Avis Budget Group Inc (NAS:CAR) » Definitions » EV-to-EBIT

Avis Budget Group (Avis Budget Group) EV-to-EBIT

: 13.42 (As of Today)
View and export this data going back to 1968. Start your Free Trial

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Avis Budget Group's Enterprise Value is $29,649 Mil. Avis Budget Group's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was $2,210 Mil. Therefore, Avis Budget Group's EV-to-EBIT for today is 13.42.

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

CAR' s EV-to-EBIT Range Over the Past 10 Years
Min: -53.28   Med: 31.39   Max: 58.38
Current: 13.41

During the past 13 years, the highest EV-to-EBIT of Avis Budget Group was 58.38. The lowest was -53.28. And the median was 31.39.

CAR's EV-to-EBIT is ranked worse than
53.33% of 840 companies
in the Business Services industry
Industry Median: 12.585 vs CAR: 13.41

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Avis Budget Group's Enterprise Value for the quarter that ended in Dec. 2023 was $32,108 Mil. Avis Budget Group's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was $2,210 Mil. Avis Budget Group's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 6.88%.


Avis Budget Group EV-to-EBIT Historical Data

The historical data trend for Avis Budget Group'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.

Avis Budget Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EV-to-EBIT
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 40.48 -21.49 15.00 6.88 14.53

Avis Budget Group Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 6.88 8.07 10.76 12.59 14.53

Competitive Comparison

For the Rental & Leasing Services subindustry, Avis Budget Group'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.


Avis Budget Group EV-to-EBIT Distribution

For the Business Services industry and Industrials sector, Avis Budget Group's EV-to-EBIT distribution charts can be found below:

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



Avis Budget Group EV-to-EBIT Calculation

Avis Budget Group's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=29649.151/2210
=13.42

Avis Budget Group's current Enterprise Value is $29,649 Mil.
Avis Budget Group's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $2,210 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.


Avis Budget Group  (NAS:CAR) 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) %.

Avis Budget Group'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 )
=2210/32108.1
=6.88 %

Avis Budget Group's Enterprise Value for the quarter that ended in Dec. 2023 was $32,108 Mil.
Avis Budget Group's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $2,210 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.


Avis Budget Group EV-to-EBIT Related Terms

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


Avis Budget Group (Avis Budget Group) Business Description

Traded in Other Exchanges
Address
6 Sylvan Way, Parsippany, NJ, USA, 07054
Avis Budget Group Inc is a provider of automotive vehicle rental and car-sharing services. Its brands include Avis, Budget, and Zipcar. Avis is targeted to serve the premium commercial and leisure segments of the travel industry, while Budget is focused on value-conscious customers. The company operates its own network of rental locations and licenses its brands to franchisees. Zipcar is a car-sharing service that allows members to use the company-owned Zipcar fleet at an hourly rate. The company's largest region by revenue is the Americas.
Executives
Joseph A. Ferraro officer: President, Americas 6 SYLVAN WAY, PARSIPPANY NJ 07054
Izilda P Martins officer: Sr VP and Acting CAO 6 SYLVAN WAY, PARSIPPANY NJ 07054
Patrick K Rankin officer: President, International 6 SYLVAN WAY, PARSIPPANY NJ 07054
Lynn Krominga director 6 SYLVAN WAY, PARSIPPANY NJ 07054
Edward P Linnen officer: SVP, Chief HR Officer 6 SYLVAN WAY, PARSIPPANY NJ 07054
Bernardo Hees director C/O BUNGE LIMITED, 1391 TIMBERLAKE MANOR PARKWAY, CHESTERFIELD MO 63017
Karthik R. Sarma director, 10 percent owner ONE BRYANT PARK, 39TH FLOOR, NEW YORK NY 10036
Jean M Sera officer: SVP, GC & Corp. Sec. AVIS BUDGET GROUP, 6 SYLVAN WAY, PARSIPPANY NJ 07054
Glenn Lurie director C/O SYNCHRONOSS TECHNOLOGIES, INC., 200 CROSSING BLVD., BRIDGEWATER NJ 08807
Ravi Simhambhatla officer: EVP, CDIO - see remarks 6 SYLVAN WAY, AVIS BUDGET GROUP, INC., PARSIPPANY NJ 07054
Anu Hariharan director 2550 SAND HILL ROAD, SUITE 150, MENLO PARK CA 94025
Cathleen Degenova officer: Chief Accounting Officer 6 SYLVAN WAY, PARSIPPANY NJ 07054
Veresh Sita officer: EVP, CDIO (1) 6 SYLVAN WAY, AVIS BUDGET GROUP, INC., PARSIPPANY NJ 07054
Brian J Choi director C/O SRS INVESTMENT MANAGEMENT, LLC, ONE BRYANT PARK, 39TH FLOOR, NEW YORK NY 10036
Srs Investment Management, Llc 10 percent owner 1 BRYANT PARK, 39TH FLOOR, NEW YORK NY 10036