Enterprise Value Over EBIT (Historical)
Returns the historical Enterprise Value to EBIT ratio. This valuation metric shows how many times EBIT the market values the entire enterprise.
Formula
EV/EBIT = Enterprise Value / Earnings Before Interest and Taxes
Parameters
| Parameter | Required | Description |
|---|---|---|
| Symbol | Yes | Stock ticker symbol |
| Year | Yes | Fiscal year or period code |
| Quarter | No | Quarter 1-4 |
| TTM | No | "TTM" for trailing twelve months |
Interpretation
- Lower EV/EBIT may indicate undervaluation
- Higher EV/EBIT may indicate growth expectations or overvaluation
- Compare within same industry for meaningful analysis
Syntax
=hf_Enterprise_Value_over_EBIT(Symbol, Year, [Quarter], [TTM])Parameters
symbolstringRequired
Stock ticker symbol
yearstringRequired
Fiscal year or period code
quarterstring
Calendar quarter (1-4)
TTMstring
Set to 'TTM' for trailing twelve months
Returns
number
EV/EBIT ratio
Examples
=hf_Enterprise_Value_over_EBIT("AAPL", 2023, 4)=hf_Enterprise_Value_over_EBIT("MSFT", "ly")=hf_Enterprise_Value_over_EBIT("GOOGL", 2023, , "TTM")When to Use
- Valuation analysis across periods
- Comparing enterprise value multiples
- Assessing acquisition targets
- Industry comparison analysis
When NOT to Use
| Scenario | Use Instead |
|---|---|
| EV/EBITDA ratio | hf_Enterprise_Value_over_EBITDA() |
| Price to earnings | hf_Price_to_Earnings_Ratio() |
| Raw enterprise value | hf_Enterprise_Value() |
Common Issues & FAQ
What's the difference between EV/EBIT and EV/EBITDA?
EV/EBIT includes depreciation and amortization expenses, making it more conservative. EV/EBITDA excludes them.
Why is my EV/EBIT negative?
Negative EBIT (operating loss) will produce a negative ratio.
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