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Horizon Global (Horizon Global) EV-to-EBIT : -6.17 (As of Apr. 26, 2024)


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What is Horizon Global EV-to-EBIT?

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Horizon Global's Enterprise Value is $365.9 Mil. Horizon Global's EBIT for the trailing twelve months (TTM) ended in Sep. 2022 was $-59.3 Mil. Therefore, Horizon Global's EV-to-EBIT for today is -6.17.

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

HZN's EV-to-EBIT is not ranked *
in the Vehicles & Parts industry.
Industry Median: 12.495
* Ranked among companies with meaningful EV-to-EBIT only.

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Horizon Global's Enterprise Value for the quarter that ended in Sep. 2022 was $343.9 Mil. Horizon Global's EBIT for the trailing twelve months (TTM) ended in Sep. 2022 was $-59.3 Mil. Horizon Global's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2022 was -17.23%.


Horizon Global EV-to-EBIT Historical Data

The historical data trend for Horizon Global'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.

Horizon Global EV-to-EBIT Chart

Horizon Global Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
EV-to-EBIT
Get a 7-Day Free Trial Premium Member Only 21.69 -1.82 -5.44 -65.14 -98.06

Horizon Global Quarterly Data
Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
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 69.20 -98.06 -27.95 -10.64 -5.80

Competitive Comparison of Horizon Global's EV-to-EBIT

For the Auto Parts subindustry, Horizon Global'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.


Horizon Global's EV-to-EBIT Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Horizon Global's EV-to-EBIT distribution charts can be found below:

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



Horizon Global EV-to-EBIT Calculation

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

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=365.870/-59.26
=-6.17

Horizon Global's current Enterprise Value is $365.9 Mil.
Horizon Global's EBIT for the trailing twelve months (TTM) ended in Sep. 2022 adds up the quarterly data reported by the company within the most recent 12 months, which was $-59.3 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.


Horizon Global  (NYSE:HZN) 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) %.

Horizon Global's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2022 is calculated as:

Earnings Yield (Joel Greenblatt) % (Q: Sep. 2022 ) =EBIT / Enterprise Value (Q: Sep. 2022 )
=-59.26/343.901344
=-17.23 %

Horizon Global's Enterprise Value for the quarter that ended in Sep. 2022 was $343.9 Mil.
Horizon Global's EBIT for the trailing twelve months (TTM) ended in Sep. 2022 adds up the quarterly data reported by the company within the most recent 12 months, which was $-59.3 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.


Horizon Global EV-to-EBIT Related Terms

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


Horizon Global (Horizon Global) Business Description

Traded in Other Exchanges
N/A
Address
47912 Halyard Drive, Suite 100, Plymouth, MI, USA, 48170
Horizon Global Corp designs, manufactures and distributes towing, trailering, cargo management and related products for original equipment to aftermarket, automotive, and retail markets. It holds various brands including draw tite, hayman reese, reese, aqua clear, bulldog, fulton, harper, hidden hitch, highland, laitner, park side, pro series, reese towpower, rola, tekonsha, tow ready, trimotive americas and wesberg. The company's geographical segment includes Horizon Americas and Horizon Europe-Africa.
Executives
Jian James Zhou officer: Chief Financial Officer 47912 HALYARD DRIVE, STE.100, PLYMOUTH MI 48170
John Frederick Barrett director 47912 HALYARD ROAD, SUITE 100, PLYMOUTH MI 48170
Corre Partners Management, Llc director, other: See Remarks 12 EAST 49TH STREET, SUITE 4003, NEW YORK NY 10017
John C Kennedy director GRAND RAPIDS 616- 698 0707, KENTWOOD MI 49512
Ryan L Langdon director 1901 N ROSELLE RD., SUITE 500, SCHAUMBURG IL 60195
Terry Gohl director, officer: President, CEO 27175 HAGGERTY ROAD, NOVI MI 48377
Debra Sue Oler director 3 GRENADIER COURT, LINCOLNSHIRE IL 60069
Donna Costello director 17 STEWART COURT, WESTWOOD NJ 07675
Matthew Pollick officer: Chief Operating Officer 47912 HALYARD ROAD, STE. 100, PLYMOUTH MI 48170
Dennis E. Richardville officer: Chief Financial Officer 47912 HALYARD DRIVE, SUITE 100, PLYMOUTH MI 48170
Matthew Joseph Meyer other: Chief Accounting Officer 47912 HALYARD ROAD, SUITE 100, PLYMOUTH MI 48170
Richard J. Jok officer: Interim Chief Financial Office 47912 HALYARD ROAD, SUITE 100, PLYMOUTH MI 48170
Atlas Capital Resources Ii Lp 10 percent owner ONE SOUND SHORE DRIVE, #203, GREENWICH CT 06830
James F Sistek officer: Chief Administrative Officer ONE VILLAGE CENTER DRIVE, VAN BUREN TOWNSHIP MI 48111
Harry James Wilson director VISTEON CORPORATION, ONE VILLAGE CENTER DRIVE, VAN BUREN TOWNSHIP MI 48111