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Credit Acceptance (FRA:2D5) EV-to-EBIT : 37.84 (As of May. 19, 2024)


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What is Credit Acceptance EV-to-EBIT?

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Credit Acceptance's Enterprise Value is €10,695 Mil. Credit Acceptance's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 was €283 Mil. Therefore, Credit Acceptance's EV-to-EBIT for today is 37.84.

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

FRA:2D5' s EV-to-EBIT Range Over the Past 10 Years
Min: 8.98   Med: 13.54   Max: 41.26
Current: 38.01

During the past 13 years, the highest EV-to-EBIT of Credit Acceptance was 41.26. The lowest was 8.98. And the median was 13.54.

FRA:2D5's EV-to-EBIT is ranked worse than
69.77% of 301 companies
in the Credit Services industry
Industry Median: 20.82 vs FRA:2D5: 38.01

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Credit Acceptance's Enterprise Value for the quarter that ended in Mar. 2024 was €11,326 Mil. Credit Acceptance's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 was €283 Mil. Credit Acceptance's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 2.50%.


Credit Acceptance EV-to-EBIT Historical Data

The historical data trend for Credit Acceptance'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.

Credit Acceptance EV-to-EBIT Chart

Credit Acceptance 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 14.70 19.01 11.40 15.14 33.76

Credit Acceptance 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 19.06 26.61 27.17 33.76 40.36

Competitive Comparison of Credit Acceptance's EV-to-EBIT

For the Credit Services subindustry, Credit Acceptance'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.


Credit Acceptance's EV-to-EBIT Distribution in the Credit Services Industry

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

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



Credit Acceptance EV-to-EBIT Calculation

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

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=10694.602/282.617
=37.84

Credit Acceptance's current Enterprise Value is €10,695 Mil.
Credit Acceptance'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 €283 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.


Credit Acceptance  (FRA:2D5) 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) %.

Credit Acceptance'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 )
=282.617/11326.255
=2.50 %

Credit Acceptance's Enterprise Value for the quarter that ended in Mar. 2024 was €11,326 Mil.
Credit Acceptance'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 €283 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.


Credit Acceptance EV-to-EBIT Related Terms

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Credit Acceptance (FRA:2D5) Business Description

Traded in Other Exchanges
Address
25505 W. Twelve Mile Road, Southfield, MI, USA, 48034-8339
Credit Acceptance Corp is a consumer finance company that specializes in automobile loans. These loans are offered through a U.S. nationwide network of automobile dealers that benefit from sales of vehicles to consumers who could otherwise not obtain financing. The company also benefits from repeat and referral sales, and from sales to customers responding to advertisements for financing, but qualify for traditional financing. The company derives its revenue from finance charges, premiums earned on the reinsurance of vehicle service contracts, and other fees. Of these, financing charges, including servicing fees, are by far the largest source of revenue.

Credit Acceptance (FRA:2D5) Headlines

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