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Herc Holdings (LTS:0J4L) EV-to-EBIT : 12.54 (As of May. 02, 2024)


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What is Herc Holdings EV-to-EBIT?

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Herc Holdings's Enterprise Value is $8,651 Mil. Herc Holdings's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 was $690 Mil. Therefore, Herc Holdings's EV-to-EBIT for today is 12.54.

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

LTS:0J4L' s EV-to-EBIT Range Over the Past 10 Years
Min: 11.22   Med: 17.31   Max: 121.34
Current: 12.54

During the past 11 years, the highest EV-to-EBIT of Herc Holdings was 121.34. The lowest was 11.22. And the median was 17.31.

LTS:0J4L's EV-to-EBIT is ranked better than
50.36% of 844 companies
in the Business Services industry
Industry Median: 12.535 vs LTS:0J4L: 12.54

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Herc Holdings's Enterprise Value for the quarter that ended in Mar. 2024 was $8,243 Mil. Herc Holdings's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 was $690 Mil. Herc Holdings's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 8.37%.


Herc Holdings EV-to-EBIT Historical Data

The historical data trend for Herc Holdings'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.

Herc Holdings EV-to-EBIT Chart

Herc Holdings 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 15.98 21.25 18.79 13.25 12.83

Herc Holdings Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 12.21 13.02 11.76 12.83 13.50

Competitive Comparison of Herc Holdings's EV-to-EBIT

For the Rental & Leasing Services subindustry, Herc Holdings'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.


Herc Holdings's EV-to-EBIT Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Herc Holdings's EV-to-EBIT distribution charts can be found below:

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



Herc Holdings EV-to-EBIT Calculation

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

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=8650.706/690
=12.54

Herc Holdings's current Enterprise Value is $8,651 Mil.
Herc Holdings's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $690 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.


Herc Holdings  (LTS:0J4L) 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) %.

Herc Holdings's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 is calculated as:

Earnings Yield (Joel Greenblatt) % (Q: Mar. 2024 ) =EBIT / Enterprise Value (Q: Mar. 2024 )
=690/8242.622
=8.37 %

Herc Holdings's Enterprise Value for the quarter that ended in Mar. 2024 was $8,243 Mil.
Herc Holdings's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $690 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.


Herc Holdings EV-to-EBIT Related Terms

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


Herc Holdings (LTS:0J4L) Business Description

Traded in Other Exchanges
Address
27500 Riverview Center Boulevard, Bonita Springs, FL, USA, 34134
Herc Holdings is an equipment rental company that was spun out of Hertz Global in 2016. It is currently the third-largest equipment rental company (4% market share) in North America, after United Rentals and Sunbelt Rentals, with a fleet size of $6.2 billion. It serves commercial and residential construction customers, the environmental sector, industrial entities, and entertainment production companies. During much of its 50-year-plus history, the company has rented equipment such as aerial lifts to its customers for intermittent use. More recently, it has broadened its catalog to include a host of specialty items. Separately, Herc Holdings' strategy now incorporates long-term rentals to industrial customers where Herc maintains its own staff at the customer site.

Herc Holdings (LTS:0J4L) Headlines

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