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GuruFocus has detected 6 Warning Signs with OneBeacon Insurance Group Ltd $OB.
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OneBeacon Insurance Group Ltd (NYSE:OB)
EV-to-EBIT
17.02 (As of Today)

EV/EBIT ratio is calculated as enterprise value divided by its Earnings Before Interest and Taxes (EBIT). As of today, OneBeacon Insurance Group Ltd's enterprise value is $1,830 Mil. OneBeacon Insurance Group Ltd's earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2017 was $108 Mil. Therefore, OneBeacon Insurance Group Ltd's EV/EBIT ratio for today is 17.02.

OB' s EV-to-EBIT Range Over the Past 10 Years
Min: -7472.7   Max: 53.4
Current: 17.02

-7472.7
53.4

During the past 13 years, the highest EV/EBIT Ratio of OneBeacon Insurance Group Ltd was 53.40. The lowest was -7472.70. And the median was 7.90.

OB's EV-to-EBIT is ranked lower than
81% of the 58 Companies
in the Global Insurance - Specialty industry.

( Industry Median: 8.66 vs. OB: 17.02 )

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt). OneBeacon Insurance Group Ltd's enterprise value for the quarter that ended in Mar. 2017 was $1,620 Mil. OneBeacon Insurance Group Ltd's earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2017 was $108 Mil. OneBeacon Insurance Group Ltd's Earnings Yield (Joel Greenblatt) for the quarter that ended in Mar. 2017 was 6.64%.


Definition

OneBeacon Insurance Group Ltd's EV/EBIT for today is calculated as:

EV/EBIT=Enterprise Value (Today)/Earnings Before Interest and Taxes (EBIT) (TTM)
=1829.550/107.5
=17.02

OneBeacon Insurance Group Ltd's current Enterprise Value is $1,830 Mil.
OneBeacon Insurance Group Ltd's Earnings Before Interest and Taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2017 was 26.2 (Jun. 2016 ) + 36.2 (Sep. 2016 ) + 5.3 (Dec. 2016 ) + 39.8 (Mar. 2017 ) = $108 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).

OneBeacon Insurance Group Ltd'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 )
=107.5/1620.14
=6.64 %

OneBeacon Insurance Group Ltd's Enterprise Value for the quarter that ended in Mar. 2017 was $1,620 Mil.
OneBeacon Insurance Group Ltd's Earnings Before Interest and Taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2017 was 26.2 (Jun. 2016 ) + 36.2 (Sep. 2016 ) + 5.3 (Dec. 2016 ) + 39.8 (Mar. 2017 ) = $108 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.

OneBeacon Insurance Group Ltd Annual Data

Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14Dec15Dec16
ev2ebit 5.24-1.392.749.249.5110.807.4527.7233.7414.74

OneBeacon Insurance Group Ltd Quarterly Data

Dec14Mar15Jun15Sep15Dec15Mar16Jun16Sep16Dec16Mar17
ev2ebit 27.72101.19-6,981.61-64.7833.7450.7520.3111.9614.7415.07
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