EV / EBIT
Browse all terms in GlossaryDefinition
Enterprise value of a company divided by its Earnings Before Interest Taxes (TTM).
EV/EBIT answers the question "What is a company being valued per each dollar of EBIT?" A high (low) EV/EBIT mean the company is potentially overvalued (undervalued).
EV/Financial Metrics are often used by analysts to quickly look at a company's valuation multiples. All things being equal, the lower this ratio is, the better.
Other similar metrics include :
EV/EBITDA : How much is each dollar of EBITDA worth to investors?
EV/Revenues : Or each dollar of Revenues?
EV/Free Cash Flow : Or each dollar of FCF?
Formula
EV / EBIT = Enterprise Value / Earnings Before Interest and Taxes
(See other glossary entries for the component calculations)
Related Terms
EBIT, Enterprise Value, EV / EBIT, EV / EBITDA, EV / Free Cash Flow, EV / Revenues