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GuruFocus has detected 6 Warning Signs with Fortress Investment Group LLC $FIG.
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Fortress Investment Group LLC (NYSE:FIG)
EV-to-EBITDA
11.97 (As of Today)

EV/EBITDA ratio is calculated as enterprise value divided by its EBITDA. As of today, Fortress Investment Group LLC's enterprise value is $2,954 Mil. Fortress Investment Group LLC's earnings before depreciation and amortization for the trailing twelve months (TTM) ended in Mar. 2017 was $247 Mil. Therefore, Fortress Investment Group LLC's EV/EBITDA ratio for today is 11.97.

FIG' s EV-to-EBITDA Range Over the Past 10 Years
Min: -18.7   Max: 40
Current: 11.97

-18.7
40

During the past 13 years, the highest EV/EBITDA Ratio of Fortress Investment Group LLC was 40.00. The lowest was -18.70. And the median was 3.70.

FIG's EV-to-EBITDA is ranked lower than
55% of the 1194 Companies
in the Global Asset Management industry.

( Industry Median: 10.57 vs. FIG: 11.97 )

EV/EBITDA (Enterprise value/EBITDA) is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the P/E Ratio to determine the fair market value of a company.

As of today, Fortress Investment Group LLC's stock price is $8.02. Fortress Investment Group LLC's earnings per share for the trailing twelve months (TTM) ended in Mar. 2017 was $0.34. Therefore, Fortress Investment Group LLC's P/E Ratio for today is 23.59.

The "classic" EV/EBITDA ratio is much better in capturing debt and net cash than the P/E Ratio.


Definition

Fortress Investment Group LLC's EV/EBITDA for today is calculated as:

EV/EBITDA=Enterprise Value (Today)/Earnings Before Depreciation and Amortization (TTM)
=2953.626/246.794
=11.97

Fortress Investment Group LLC's current Enterprise Value is $2,954 Mil.
Fortress Investment Group LLC's Earnings Before Depreciation and Amortization for the trailing twelve months (TTM) ended in Mar. 2017 was -13.544 (Jun. 2016 ) + 73.44 (Sep. 2016 ) + 188.864 (Dec. 2016 ) + -1.966 (Mar. 2017 ) = $247 Mil.

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


Explanation

EV/EBITDA (Enterprise value/EBITDA) is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the P/E Ratio to determine the fair market value of a company.

Fortress Investment Group LLC's P/E Ratio for today is calculated as:

P/E Ratio=Share Price (Today)/Earnings Per Share (TTM)
=8.02/0.34
=23.59

Fortress Investment Group LLC's share price for today is $8.02.
Fortress Investment Group LLC's Earnings Per Share for the trailing twelve months (TTM) ended in Mar. 2017 was -0.07 (Jun. 2016 ) + 0.07 (Sep. 2016 ) + 0.36 (Dec. 2016 ) + -0.02 (Mar. 2017 ) = $0.34.

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

Study has found that the companies with the lowest EV/EBITDA outperforms companies measured as cheap by other ratios such as P/E Ratio.

Please read Which price ratio outperforms the enterprise multiple?


Related Terms

Enterprise Value, Earnings Before Depreciation and Amortization, P/E Ratio


Historical Data

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

Fortress Investment Group LLC Annual Data

Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14Dec15Dec16
ev2ebitda -28.94-0.20-2.94-4.75-2.129.268.1211.687.908.17

Fortress Investment Group LLC Quarterly Data

Dec14Mar15Jun15Sep15Dec15Mar16Jun16Sep16Dec16Mar17
ev2ebitda 11.689.4710.618.487.9011.4112.298.058.1711.86
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