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Spirit Airlines EV-to-EBIT

: 10.71 (As of Today)
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EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Spirit Airlines's Enterprise Value is $4,470 Mil. Spirit Airlines's EBIT for the trailing twelve months (TTM) ended in Mar. 2019 was $417 Mil. Therefore, Spirit Airlines's EV-to-EBIT for today is 10.71.

NYSE:SAVE' s EV-to-EBIT Range Over the Past 10 Years
Min: 1.8   Max: 23.5
Current: 10.71

1.8
23.5

During the past 11 years, the highest EV-to-EBIT of Spirit Airlines was 23.50. The lowest was 1.80. And the median was 9.05.

NYSE:SAVE's EV-to-EBIT is ranked higher than
61% of the 59 Companies
in the Airlines industry.

( Industry Median: 12.88 vs. NYSE:SAVE: 10.71 )

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Spirit Airlines's Enterprise Value for the quarter that ended in Mar. 2019 was $4,609 Mil. Spirit Airlines's EBIT for the trailing twelve months (TTM) ended in Mar. 2019 was $417 Mil. Spirit Airlines's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2019 was 9.06%.


Spirit Airlines EV-to-EBIT 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.

Spirit Airlines 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 14.20 5.27 9.39 9.31 18.05

Spirit Airlines 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 11.85 18.15 18.38 18.05 11.04

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.


Spirit Airlines EV-to-EBIT Distribution

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



Spirit Airlines EV-to-EBIT Calculation

Spirit Airlines's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=4470.252/417.472
=10.71

Spirit Airlines's current Enterprise Value is $4,470 Mil.
Spirit Airlines's EBIT for the trailing twelve months (TTM) ended in Mar. 2019 was 33.351 (Jun. 2018 ) + 147.855 (Sep. 2018 ) + 141.771 (Dec. 2018 ) + 94.495 (Mar. 2019 ) = $417 Mil.

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.


Spirit Airlines  (NYSE:SAVE) EV-to-EBIT 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) %.

Spirit Airlines'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 )
=417.472/4609.15776
=9.06 %

Spirit Airlines's Enterprise Value for the quarter that ended in >Mar. 2019 was $4,609 Mil.
Spirit Airlines's EBIT for the trailing twelve months (TTM) ended in Mar. 2019 was 33.351 (Jun. 2018 ) + 147.855 (Sep. 2018 ) + 141.771 (Dec. 2018 ) + 94.495 (Mar. 2019 ) = $417 Mil.

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.


Spirit Airlines EV-to-EBIT Explanation


Spirit Airlines EV-to-EBIT Headlines

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