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GuruFocus has detected 4 Warning Signs with WEC Energy Group Inc $WEC.
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WEC Energy Group Inc (NYSE:WEC)
EV-to-EBIT
15.28 (As of Today)

EV/EBIT ratio is calculated as enterprise value divided by its Earnings Before Interest and Taxes (EBIT). As of today, WEC Energy Group Inc's enterprise value is $29,390 Mil. WEC Energy Group Inc's earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2017 was $1,924 Mil. Therefore, WEC Energy Group Inc's EV/EBIT ratio for today is 15.28.

WEC' s EV-to-EBIT Range Over the Past 10 Years
Min: 10.1   Max: 21.7
Current: 15.26

10.1
21.7

During the past 13 years, the highest EV/EBIT Ratio of WEC Energy Group Inc was 21.70. The lowest was 10.10. And the median was 13.10.

WEC's EV-to-EBIT is ranked lower than
52% of the 864 Companies
in the Global Utilities - Regulated Electric industry.

( Industry Median: 15.02 vs. WEC: 15.26 )

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt). WEC Energy Group Inc's enterprise value for the quarter that ended in Mar. 2017 was $29,189 Mil. WEC Energy Group Inc's earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2017 was $1,924 Mil. WEC Energy Group Inc's Earnings Yield (Joel Greenblatt) for the quarter that ended in Mar. 2017 was 6.59%.


Definition

WEC Energy Group Inc's EV/EBIT for today is calculated as:

EV/EBIT=Enterprise Value (Today)/Earnings Before Interest and Taxes (EBIT) (TTM)
=29390.080/1923.8
=15.28

WEC Energy Group Inc's current Enterprise Value is $29,390 Mil.
WEC Energy Group Inc's Earnings Before Interest and Taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2017 was 395.4 (Jun. 2016 ) + 444.8 (Sep. 2016 ) + 408.7 (Dec. 2016 ) + 674.9 (Mar. 2017 ) = $1,924 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).

WEC Energy Group Inc'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 )
=1923.8/29188.536
=6.59 %

WEC Energy Group Inc's Enterprise Value for the quarter that ended in Mar. 2017 was $29,189 Mil.
WEC Energy Group Inc's Earnings Before Interest and Taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2017 was 395.4 (Jun. 2016 ) + 444.8 (Sep. 2016 ) + 408.7 (Dec. 2016 ) + 674.9 (Mar. 2017 ) = $1,924 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.

WEC Energy Group Inc Annual Data

Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14Dec15Dec16
ev2ebit 12.3313.2114.4211.0313.2011.8112.7114.3118.8915.02

WEC Energy Group Inc Quarterly Data

Dec14Mar15Jun15Sep15Dec15Mar16Jun16Sep16Dec16Mar17
ev2ebit 14.3113.9321.6821.3618.8917.1616.2515.0015.0215.17
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