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PRG (PROG Holdings) EV-to-EBIT : 11.86 (As of Oct. 31, 2024)


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What is PROG Holdings EV-to-EBIT?

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, PROG Holdings's Enterprise Value is $2,208 Mil. PROG Holdings's EBIT for the trailing twelve months (TTM) ended in Sep. 2024 was $186 Mil. Therefore, PROG Holdings's EV-to-EBIT for today is 11.86.

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

PRG' s EV-to-EBIT Range Over the Past 10 Years
Min: 4.96   Med: 10.58   Max: 4461.51
Current: 11.86

During the past 13 years, the highest EV-to-EBIT of PROG Holdings was 4461.51. The lowest was 4.96. And the median was 10.58.

PRG's EV-to-EBIT is ranked better than
54.3% of 849 companies
in the Business Services industry
Industry Median: 12.68 vs PRG: 11.86

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. PROG Holdings's Enterprise Value for the quarter that ended in Sep. 2024 was $2,398 Mil. PROG Holdings's EBIT for the trailing twelve months (TTM) ended in Sep. 2024 was $186 Mil. PROG Holdings's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was 7.76%.


PROG Holdings EV-to-EBIT Historical Data

The historical data trend for PROG 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.

PROG Holdings EV-to-EBIT Chart

PROG 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 116.08 13.58 8.97 6.96 7.99

PROG Holdings Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 6.95 7.99 9.39 9.48 12.88

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

For the Rental & Leasing Services subindustry, PROG 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.


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

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

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



PROG Holdings EV-to-EBIT Calculation

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

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=2208.339/186.13
=11.86

PROG Holdings's current Enterprise Value is $2,208 Mil.
PROG Holdings's EBIT for the trailing twelve months (TTM) ended in Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $186 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.


PROG Holdings  (NYSE:PRG) 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) %.

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

Earnings Yield (Joel Greenblatt) % (Q: Sep. 2024 ) =EBIT / Enterprise Value (Q: Sep. 2024 )
=186.13/2398.192466
=7.76 %

PROG Holdings's Enterprise Value for the quarter that ended in Sep. 2024 was $2,398 Mil.
PROG Holdings's EBIT for the trailing twelve months (TTM) ended in Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $186 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.


PROG Holdings EV-to-EBIT Related Terms

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


PROG Holdings Business Description

Traded in Other Exchanges
Address
256 West Data Drive, Draper, UT, USA, 84020-2315
PROG Holdings Inc is a financial technology holding company that provides transparent and competitive payment options to consumers. The Company has two reportable segments: (i) Progressive Leasing, an in-store, app-based, and e-commerce point-of-sale lease-to-own solutions provider; and (ii) Vive Financial (Vive), an omnichannel provider of second-look revolving credit products. The majority of the revenue of the company is earned through the progressive leasing segment.
Executives
Michael Todd King officer: Chief Legal and Compliance Off 256 WEST DATA DRIVE, DRAPER UT 84020
Thomas Eugene Vin Iv officer: General Counsel and Corp Sec 632 NORTH TARA COURT, WHICHITA KS 67206
Brian Garner officer: Chief Financial Officer 256 WEST DATA DR, DRAPER UT 84020
Curtis Linn Doman director, officer: Chief Innovation Officer-PROG 256 DATA DR, DRAPER UT 84020
Steven A Michaels director, officer: CEO 256 DATA DR, DRAPER UT 84020
Ramon Michael Martinez director 256 WEST DATA DRIVE, DRAPER UT 84020
Caroline Sio-chin Sheu director 256 WEST DATA DRIVE, DRAPER UT 84020
Douglas C Curling director 1000 ALDERMAN DRIVE, ALPHARETTA GA 30005
Ray M Robinson director 1170 PEACHTREE STREET NE, SUITE 2300, ATLANTA GA 30309
Kathy T Betty director 309 E. PACES FERRY ROAD, ATLANTA GA 30305
Cynthia N Day director 75 PIEDMONT AVE, ATLANTA GA 30303
James P. Smith director 256 WEST DATA DRIVE, DRAPER UT 84020
George M Sewell officer: Principal Acct Off, VP Fin Rep 256 WEST DATA DR, DRAPER UT 84020
Blake Wakefield officer: President, Chief Revenue Off 256 WEST DATA DR, DRAPER UT 84020
Marvin A Fentress officer: General Counsel, Corp Sec 256 WEST DATA DR, DRAPER UT 84020