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Empire Resources (Empire Resources) EV-to-EBIT : 7.13 (As of May. 13, 2024)


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What is Empire Resources EV-to-EBIT?

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Empire Resources's Enterprise Value is $57.6 Mil. Empire Resources's EBIT for the trailing twelve months (TTM) ended in Dec. 2016 was $8.1 Mil. Therefore, Empire Resources's EV-to-EBIT for today is 7.13.

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

ERS's EV-to-EBIT is not ranked *
in the Industrial Distribution industry.
Industry Median: 9.61
* Ranked among companies with meaningful EV-to-EBIT only.

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Empire Resources's Enterprise Value for the quarter that ended in Dec. 2016 was $179.4 Mil. Empire Resources's EBIT for the trailing twelve months (TTM) ended in Dec. 2016 was $8.1 Mil. Empire Resources's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2016 was 4.50%.


Empire Resources EV-to-EBIT Historical Data

The historical data trend for Empire Resources'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.

Empire Resources EV-to-EBIT Chart

Empire Resources Annual Data
Trend Dec04 Dec05 Dec06 Dec07 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16
EV-to-EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 13.51 17.58 19.83 21.23 22.21

Empire Resources Quarterly Data
Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16
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 21.23 21.61 20.61 19.77 22.21

Competitive Comparison of Empire Resources's EV-to-EBIT

For the Industrial Distribution subindustry, Empire Resources'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.


Empire Resources's EV-to-EBIT Distribution in the Industrial Distribution Industry

For the Industrial Distribution industry and Industrials sector, Empire Resources's EV-to-EBIT distribution charts can be found below:

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



Empire Resources EV-to-EBIT Calculation

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

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=57.590/8.076
=7.13

Empire Resources's current Enterprise Value is $57.6 Mil.
Empire Resources's EBIT for the trailing twelve months (TTM) ended in Dec. 2016 adds up the quarterly data reported by the company within the most recent 12 months, which was $8.1 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.


Empire Resources  (NAS:ERS) 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) %.

Empire Resources's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2016 is calculated as:

Earnings Yield (Joel Greenblatt) % (Q: Dec. 2016 ) =EBIT / Enterprise Value (Q: Dec. 2016 )
=8.076/179.3920555
=4.50 %

Empire Resources's Enterprise Value for the quarter that ended in Dec. 2016 was $179.4 Mil.
Empire Resources's EBIT for the trailing twelve months (TTM) ended in Dec. 2016 adds up the quarterly data reported by the company within the most recent 12 months, which was $8.1 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.


Empire Resources EV-to-EBIT Related Terms

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Empire Resources (Empire Resources) Business Description

Traded in Other Exchanges
N/A
Address
Empire Resources Inc was incorporated in the State of Delaware in 1990 under the name Integrated Technology USA, Inc. On September 17, 1999, the Company merged with Empire Resources, Inc. a distributor of value added, semi-finished aluminum products. Since the merger, the Company has continued the business of Empire under the name of Empire Resources, Inc. The Company is engaged in the purchase, sale and distribution of semi-finished aluminum and steel products to customer base located in the Americas, Europe, Australia and New Zealand. The Company sells its products through its own marketing and sales personnel and its independent sales agents who are located in North America and in Europe. The Company's semi-finished aluminum and steel products which are produced by processing aluminum or steel and/or aluminum scrap. A product is considered 'semi-finished' if it has not yet been converted into a final end product. Semi-finished aluminum products include aluminum sheet, coil, plate and foil, rod, bar and wire, extruded and cast products. The Company provides many of these forms of semi-finished aluminum products to its customers. The Company sells its products mainly through its own marketing and sales personnel. In addition, it sells less than 10% of its products through independent sales agents. The Company serves more than 300 customers in industries, such as distribution, transportation, automobile, housing, appliances and packaging. Its competitors include aluminum producers and rolling mills. Its competitors include: Alcoa Inc. and Aleris Rolled Products, Inc. The Company is subject to governmental regulations governing imports, in particular regulations governing the imposition of tariffs and antidumping and other duties.
Executives
Leon G Cooperman 10 percent owner 7118 MELROSE CASTLE LANE, BOCA RATON FL 33496
Jack Bendheim director C/O EMPIRE RESOURCES, INC., 1 PARKER PLAZA, SUIET 10, FORT LEE NJ 07024
Nathan Mazurek director C/O PIONEER POWER SOLUTIONS, INC., 400 KELBY STREET 9TH FLOOR, FORT LEE NJ 07024
Douglas Kass director C/O EMPIRE RESOURCES, INC., ONE PARKER PLAZA, FORT LEE NJ 07024

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