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Lazard (LTS:0UB6) EV-to-EBIT : 50.37 (As of Apr. 29, 2024)


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What is Lazard EV-to-EBIT?

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Lazard's Enterprise Value is $4,556 Mil. Lazard's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was $90 Mil. Therefore, Lazard's EV-to-EBIT for today is 50.37.

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

LTS:0UB6' s EV-to-EBIT Range Over the Past 10 Years
Min: -3538.24   Med: 8.46   Max: 160.14
Current: 50.37

During the past 13 years, the highest EV-to-EBIT of Lazard was 160.14. The lowest was -3538.24. And the median was 8.46.

LTS:0UB6's EV-to-EBIT is ranked worse than
88.77% of 481 companies
in the Capital Markets industry
Industry Median: 10.1 vs LTS:0UB6: 50.37

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Lazard's Enterprise Value for the quarter that ended in Dec. 2023 was $5,397 Mil. Lazard's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was $90 Mil. Lazard's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 1.68%.


Lazard EV-to-EBIT Historical Data

The historical data trend for Lazard'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.

Lazard EV-to-EBIT Chart

Lazard 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 8.77 7.37 5.59 6.47 -1,827.07

Lazard 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 10.24 24.49 -3,094.10 -1,827.07 -

Competitive Comparison of Lazard's EV-to-EBIT

For the Capital Markets subindustry, Lazard'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.


Lazard's EV-to-EBIT Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Lazard's EV-to-EBIT distribution charts can be found below:

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



Lazard EV-to-EBIT Calculation

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

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=4556.433/90.454
=50.37

Lazard's current Enterprise Value is $4,556 Mil.
Lazard's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $90 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.


Lazard  (LTS:0UB6) 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) %.

Lazard'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 )
=90.454/5396.98104
=1.68 %

Lazard's Enterprise Value for the quarter that ended in Dec. 2023 was $5,397 Mil.
Lazard's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $90 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.


Lazard EV-to-EBIT Related Terms

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Lazard (LTS:0UB6) Business Description

Traded in Other Exchanges
Address
2 Church Street, Clarendon House, Hamilton, BMU, HM11
Lazard has a storied history that can be traced back to 1848. The company's revenue is nearly equally split between financial advisory, such as acquisition and restructuring advisory, and asset management. The company's asset management business is primarily equities (over 80% of assets under management), has an international focus, and is geared toward institutional clients. By geography, the company earns approximately 60% of revenue in the Americas, 35% in EMEA, and 5% in Asia-Pacific. Lazard has offices across more than 20 countries and over 3,000 employees.

Lazard (LTS:0UB6) Headlines

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