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Persimmon (LSE:PSN) EV-to-EBIT : 10.35 (As of Apr. 28, 2024)


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What is Persimmon EV-to-EBIT?

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Persimmon's Enterprise Value is £3,793 Mil. Persimmon's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was £367 Mil. Therefore, Persimmon's EV-to-EBIT for today is 10.35.

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

LSE:PSN' s EV-to-EBIT Range Over the Past 10 Years
Min: 2.71   Med: 7.91   Max: 16.41
Current: 10.35

During the past 13 years, the highest EV-to-EBIT of Persimmon was 16.41. The lowest was 2.71. And the median was 7.91.

LSE:PSN's EV-to-EBIT is ranked worse than
52.33% of 86 companies
in the Homebuilding & Construction industry
Industry Median: 10.26 vs LSE:PSN: 10.35

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Persimmon's Enterprise Value for the quarter that ended in Dec. 2023 was £4,017 Mil. Persimmon's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was £367 Mil. Persimmon's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 9.13%.


Persimmon EV-to-EBIT Historical Data

The historical data trend for Persimmon'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.

Persimmon EV-to-EBIT Chart

Persimmon Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EV-to-EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.38 9.58 8.11 4.12 10.96

Persimmon 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 8.11 - 4.12 - 10.96

Competitive Comparison of Persimmon's EV-to-EBIT

For the Residential Construction subindustry, Persimmon'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.


Persimmon's EV-to-EBIT Distribution in the Homebuilding & Construction Industry

For the Homebuilding & Construction industry and Consumer Cyclical sector, Persimmon's EV-to-EBIT distribution charts can be found below:

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



Persimmon EV-to-EBIT Calculation

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

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=3793.380/366.6
=10.35

Persimmon's current Enterprise Value is £3,793 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Persimmon's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was £367 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.


Persimmon  (LSE:PSN) 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) %.

Persimmon'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 )
=366.6/4016.65769
=9.13 %

Persimmon's Enterprise Value for the quarter that ended in Dec. 2023 was £4,017 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Persimmon's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was £367 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.


Persimmon EV-to-EBIT Related Terms

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


Persimmon (LSE:PSN) Business Description

Traded in Other Exchanges
Address
Persimmon House, Fulford, York, GBR, YO19 4FE
Persimmon is the U.K.'s second largest residential property developer by revenue and dwelling completions, marketing homes under its three brands: Persimmon Homes, Charles Church, and Westbury Partnerships. Persimmon largely caters to the lower-priced segment of the newbuild market, attracting more first-time homebuyers than any of its peer homebuilders. Aligning with the typical business model employed by U.K. homebuilders, Persimmon is a vertically integrated speculative homebuilder.