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Warner Music Group (WBO:WMG) EV-to-EBIT

: 24.90 (As of Today)
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EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Warner Music Group's Enterprise Value is €19,601 Mil. Warner Music Group's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was €787 Mil. Therefore, Warner Music Group's EV-to-EBIT for today is 24.90.

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

WBO:WMG' s EV-to-EBIT Range Over the Past 10 Years
Min: -365.1   Med: 25.9   Max: 100.34
Current: 24.55

During the past 13 years, the highest EV-to-EBIT of Warner Music Group was 100.34. The lowest was -365.10. And the median was 25.90.

WBO:WMG's EV-to-EBIT is ranked worse than
73.21% of 657 companies
in the Media - Diversified industry
Industry Median: 12.42 vs WBO:WMG: 24.55

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Warner Music Group's Enterprise Value for the quarter that ended in Dec. 2023 was €20,044 Mil. Warner Music Group's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was €787 Mil. Warner Music Group's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 3.93%.


Warner Music Group EV-to-EBIT Historical Data

The historical data trend for Warner Music Group'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.

Warner Music Group Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
EV-to-EBIT
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - -54.89 43.56 17.80 26.59

Warner Music Group 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 27.80 29.40 23.85 26.59 26.15

Competitive Comparison

For the Entertainment subindustry, Warner Music Group'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.


Warner Music Group EV-to-EBIT Distribution

For the Media - Diversified industry and Communication Services sector, Warner Music Group's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Warner Music Group's EV-to-EBIT falls into.



Warner Music Group EV-to-EBIT Calculation

Warner Music Group's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=19601.305/787.221
=24.90

Warner Music Group's current Enterprise Value is €19,601 Mil.
Warner Music Group's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was €787 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.


Warner Music Group  (WBO:WMG) 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) %.

Warner Music Group's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 is calculated as:

Earnings Yield (Joel Greenblatt) % (Q: Dec. 2023 ) =EBIT / Enterprise Value (Q: Dec. 2023 )
=787.221/20044.0108
=3.93 %

Warner Music Group's Enterprise Value for the quarter that ended in Dec. 2023 was €20,044 Mil.
Warner Music Group's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was €787 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.


Warner Music Group EV-to-EBIT Related Terms

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Warner Music Group (WBO:WMG) Business Description

Traded in Other Exchanges
Address
1633 Broadway, New York, NY, USA, 10019
Warner Music Group is the third largest of the three major global record labels, with Vivendi's Universal Music in first and Sony Music in second. Warner's larger segment, recorded music, consists of iconic labels like Atlantic Records, Warner Records, and Parlophone Records and popular artists such as Ed Sheeran, Cardi B, Dua Lipa, and Blake Shelton. Warner Chappell, the firm's publishing arm, is the home to over 65,000 composers and songwriters with over 1 million copyrights represented. Warner is controlled by Access Industries, which owns an 84% economic interest and 99% of voting rights.