GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » Leonardo SpA (OTCPK:FINMY) » Definitions » EV-to-EBIT

Leonardo SpA (Leonardo SpA) EV-to-EBIT

: 23.97 (As of Today)
View and export this data going back to 2008. Start your Free Trial

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Leonardo SpA's Enterprise Value is $13,641 Mil. Leonardo SpA's EBIT for the trailing twelve months (TTM) ended in Sep. 2023 was $569 Mil. Therefore, Leonardo SpA's EV-to-EBIT for today is 23.97.

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

FINMY' s EV-to-EBIT Range Over the Past 10 Years
Min: -99.86   Med: 9.62   Max: 29.77
Current: 23.97

During the past 13 years, the highest EV-to-EBIT of Leonardo SpA was 29.77. The lowest was -99.86. And the median was 9.62.

FINMY's EV-to-EBIT is ranked better than
57.58% of 231 companies
in the Aerospace & Defense industry
Industry Median: 26.32 vs FINMY: 23.97

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Leonardo SpA's Enterprise Value for the quarter that ended in Sep. 2023 was $8,486 Mil. Leonardo SpA's EBIT for the trailing twelve months (TTM) ended in Sep. 2023 was $569 Mil. Leonardo SpA's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2023 was 6.71%.


Leonardo SpA EV-to-EBIT Historical Data

The historical data trend for Leonardo SpA'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.

Leonardo SpA 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 7.75 13.87 6.59 6.54 -

Leonardo SpA 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 6.54 6.21 8.37 7.39 -

Competitive Comparison

For the Aerospace & Defense subindustry, Leonardo SpA'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.


Leonardo SpA EV-to-EBIT Distribution

For the Aerospace & Defense industry and Industrials sector, Leonardo SpA's EV-to-EBIT distribution charts can be found below:

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



Leonardo SpA EV-to-EBIT Calculation

Leonardo SpA's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=13640.794/569.009
=23.97

Leonardo SpA's current Enterprise Value is $13,641 Mil.
Leonardo SpA's EBIT for the trailing twelve months (TTM) ended in Sep. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $569 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.


Leonardo SpA  (OTCPK:FINMY) 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) %.

Leonardo SpA's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2023 is calculated as:

Earnings Yield (Joel Greenblatt) % (Q: Sep. 2023 ) =EBIT / Enterprise Value (Q: Sep. 2023 )
=569.009/8485.8661
=6.71 %

Leonardo SpA's Enterprise Value for the quarter that ended in Sep. 2023 was $8,486 Mil.
Leonardo SpA's EBIT for the trailing twelve months (TTM) ended in Sep. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $569 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.


Leonardo SpA EV-to-EBIT Related Terms

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


Leonardo SpA (Leonardo SpA) Business Description

Address
Piazza Monte Grappa 4, Rome, ITA, 00195
Leonardo is one of the largest European defense firms, with 30% of its shares owned by the Italian government. The group's divisions include helicopters; defense, electronics, and security systems; and aeronautics. The helicopter division serves both military and civil markets through AgustaWestland. DES has access to the U.S. defense market through the DRS subsidiary. The aeronautics division cooperates in international programs, such as Eurofighter Typhoon, F-35, and the new Tempest, and supplies aerostructures to large commercial aircraft programs.