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M&G (LSE:MNG) EV-to-EBIT : 6.98 (As of May. 13, 2024)


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What is M&G EV-to-EBIT?

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, M&G's Enterprise Value is £7,777 Mil. M&G's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was £1,115 Mil. Therefore, M&G's EV-to-EBIT for today is 6.98.

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

LSE:MNG' s EV-to-EBIT Range Over the Past 10 Years
Min: -3.18   Med: 3.67   Max: 7.76
Current: 6.98

During the past 8 years, the highest EV-to-EBIT of M&G was 7.76. The lowest was -3.18. And the median was 3.67.

LSE:MNG's EV-to-EBIT is ranked better than
60.73% of 494 companies
in the Asset Management industry
Industry Median: 9.605 vs LSE:MNG: 6.98

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. M&G's Enterprise Value for the quarter that ended in Dec. 2023 was £8,197 Mil. M&G's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was £1,115 Mil. M&G's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 13.60%.


M&G EV-to-EBIT Historical Data

The historical data trend for M&G'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.

M&G EV-to-EBIT Chart

M&G Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EV-to-EBIT
Get a 7-Day Free Trial 4.14 3.64 6.92 -2.77 7.35

M&G Semi-Annual Data
Dec16 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 6.92 - -2.77 - 7.35

Competitive Comparison of M&G's EV-to-EBIT

For the Asset Management subindustry, M&G'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.


M&G's EV-to-EBIT Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, M&G's EV-to-EBIT distribution charts can be found below:

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



M&G EV-to-EBIT Calculation

M&G's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=7777.280/1115
=6.98

M&G's current Enterprise Value is £7,777 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. M&G's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was £1,115 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.


M&G  (LSE:MNG) 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) %.

M&G'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 )
=1115/8196.85536
=13.60 %

M&G's Enterprise Value for the quarter that ended in Dec. 2023 was £8,197 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. M&G's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was £1,115 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.


M&G EV-to-EBIT Related Terms

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


M&G (LSE:MNG) Business Description

Traded in Other Exchanges
Address
10 Fenchurch Avenue, London, GBR, EC3M 5AG
M&G PLC is a United Kingdom-based company engaged in the savings and investments business. It serves retail customers, who want to build and protect their life savings, and provides investment solutions. The company's reportable segments are 1) Asset Management segment which generates revenues by charging fees that are typically based on the level of assets under management. The Asset Management segment also earns investment management revenues from the proportion of Retail and Savings assets it manages, 2) Retail and Savings segment which includes M and G Wealth, Heritage business and Other Retail and Savings business which relates to the company's international savings business. and 3) Corporate Centre segment includes central corporate costs and debt costs.

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