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Costamare Inc  (NYSE:CMRE) EV-to-EBIT: 17.69 (As of Today)

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Costamare Inc's Enterprise Value is $2,076.3 Mil. Costamare Inc's EBIT for the trailing twelve months (TTM) ended in Mar. 2019 was $117.4 Mil. Therefore, Costamare Inc's EV-to-EBIT for today is 17.69.

NYSE:CMRE' s EV-to-EBIT Range Over the Past 10 Years
Min: 9.5   Max: 29.7
Current: 17.69

9.5
29.7

During the past 11 years, the highest EV-to-EBIT of Costamare Inc was 29.70. The lowest was 9.50. And the median was 17.60.

NYSE:CMRE's EV-to-EBIT is ranked higher than
53% of the 626 Companies
in the Global industry.

( Industry Median: 15.49 vs. NYSE:CMRE: 17.69 )

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Costamare Inc's Enterprise Value for the quarter that ended in Mar. 2019 was $2,073.5 Mil. Costamare Inc's EBIT for the trailing twelve months (TTM) ended in Mar. 2019 was $117.4 Mil. Costamare Inc's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2019 was 5.66%.


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.

Costamare Inc Annual Data

Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18
EV-to-EBIT Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 17.00 10.92 12.23 12.30 15.83

Costamare Inc Quarterly Data

Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19
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 12.17 15.43 16.44 15.83 17.66

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.


Costamare Inc Distribution

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



Calculation

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

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=2076.310/117.389
=17.69

Costamare Inc's current Enterprise Value is $2,076.3 Mil.
Costamare Inc's EBIT for the trailing twelve months (TTM) ended in Mar. 2019 was 28.706 (Jun. 2018 ) + 28.521 (Sep. 2018 ) + 39.003 (Dec. 2018 ) + 21.159 (Mar. 2019 ) = $117.4 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) %.

Costamare Inc's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2019 is calculated as:

Earnings Yield (Joel Greenblatt) % (Q: Mar. 2019 =EBIT / Enterprise Value (Q: Mar. 2019 )
=117.389/2073.5072
=5.66 %

Costamare Inc's Enterprise Value for the quarter that ended in >Mar. 2019 was $2,073.5 Mil.
Costamare Inc's EBIT for the trailing twelve months (TTM) ended in Mar. 2019 was 28.706 (Jun. 2018 ) + 28.521 (Sep. 2018 ) + 39.003 (Dec. 2018 ) + 21.159 (Mar. 2019 ) = $117.4 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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