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Goodman Group (ASX:GMG) EV-to-EBIT : 75.46 (As of May. 06, 2024)


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What is Goodman Group EV-to-EBIT?

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Goodman Group's Enterprise Value is A$66,025 Mil. Goodman Group's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was A$875 Mil. Therefore, Goodman Group's EV-to-EBIT for today is 75.46.

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

ASX:GMG' s EV-to-EBIT Range Over the Past 10 Years
Min: 8.06   Med: 15.27   Max: 75.46
Current: 75.46

During the past 13 years, the highest EV-to-EBIT of Goodman Group was 75.46. The lowest was 8.06. And the median was 15.27.

ASX:GMG's EV-to-EBIT is ranked worse than
90.58% of 1337 companies
in the Real Estate industry
Industry Median: 13.38 vs ASX:GMG: 75.46

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Goodman Group's Enterprise Value for the quarter that ended in Dec. 2023 was A$49,590 Mil. Goodman Group's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was A$875 Mil. Goodman Group's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 1.76%.


Goodman Group EV-to-EBIT Historical Data

The historical data trend for Goodman 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.

Goodman Group EV-to-EBIT Chart

Goodman Group Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
EV-to-EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 15.56 16.58 16.54 8.86 19.91

Goodman Group Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
EV-to-EBIT Get a 7-Day Free Trial 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 - 8.86 - 19.91 -

Competitive Comparison of Goodman Group's EV-to-EBIT

For the Real Estate - Diversified subindustry, Goodman 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.


Goodman Group's EV-to-EBIT Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Goodman Group's EV-to-EBIT distribution charts can be found below:

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



Goodman Group EV-to-EBIT Calculation

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

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=66025.207/875
=75.46

Goodman Group's current Enterprise Value is A$66,025 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Goodman Group's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was A$875 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.


Goodman Group  (ASX:GMG) 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) %.

Goodman 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 )
=875/49589.854
=1.76 %

Goodman Group's Enterprise Value for the quarter that ended in Dec. 2023 was A$49,590 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Goodman Group's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was A$875 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.


Goodman Group EV-to-EBIT Related Terms

Thank you for viewing the detailed overview of Goodman Group's EV-to-EBIT provided by GuruFocus.com. Please click on the following links to see related term pages.


Goodman Group (ASX:GMG) Business Description

Traded in Other Exchanges
Address
1-11 Hayes Road, The Hayesbery, Rosebery, Sydney, NSW, AUS, 2018
Goodman Group develops and manages industrial property investments worldwide. Rather than taking all risks on its own balance sheet, most Goodman developments are on behalf of end-user tenants, and funds management clients. A typical deal involves purchasing land for a tenant who wants to occupy the site, and/or an investor who will own the asset via a Goodman investment vehicle. Goodman charges leasing fees for locking in tenants, and fees for managing the development. Completed projects reside in Goodman investment vehicles, and Goodman charges asset and investment management fees to investors, in return for collecting rent and managing the site. Goodman retains a minority stake in many projects, generating rental income and aligning its interests with its funds management clients.

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