iStar Inc EV/EBIT
What is the EV/EBIT of iStar Inc?
The EV/EBIT of iStar Inc is 1.57
What is the definition of EV/EBIT?
Enterprise value to earnings before interest and taxes (EV/EBIT) is a financial ratio used to measure if a stock is priced appropriately to similar stocks and the market. It is similar to the P/E ratio.
ttm (trailing twelve months)
The EV/EBIT ratio addresses some of the shortcomings of the P/E ratio. Instead of taking market capitalization, the ratio uses enterprise value, as it takes into account the true value of the company. Enterprise value includes both equity and debt. It is calculated as:
Enterprise value = market cap + total debt – cash and cash equivalents
The EV/EBIT ratio is useful in comparing peers within the wider market. A high EV/EBIT ratio indicates that a company’s stock is overvalued. On the opposite, a low EV/EBIT ratio indicates that a company’s stock is undervalued. The lower the ratio, the more financially stable a company should be. However, investors and analyst should use other ratios and information to get a full picture of a company’s financial state and actual value.
EV/EBIT of companies in the Real Estate sector on NYSE compared to iStar Inc
What does iStar Inc do?
iStar Inc. is focused on reinventing the ground lease sector, unlocking value for real estate owners throughout the country by providing modern, more efficient ground leases on all types of properties. As the founder, investment manager and largest shareholder of Safehold Inc. (NYSE: SAFE), the first publicly traded company to focus on modern ground leases, iStar is helping create a logical new approach to the way real estate is owned and continues to use its historic strengths in finance and net lease to expand this unique platform. Recognized as a consistent innovator in the real estate markets, iStar specializes in identifying and scaling newly discovered opportunities and has completed more than $40 billion of transactions over the past two decades.
Companies with ev/ebit similar to iStar Inc
- Enveric Biosciences has EV/EBIT of 1.52
- SKRR Exploration has EV/EBIT of 1.52
- Corbus Pharmaceuticals Inc has EV/EBIT of 1.52
- Jiayin Inc has EV/EBIT of 1.53
- HC (Asia) Co has EV/EBIT of 1.53
- Tekcapital Plc has EV/EBIT of 1.56
- iStar Inc has EV/EBIT of 1.57
- Nextcure Inc has EV/EBIT of 1.58
- Anglo-Eastern Plantations Plc has EV/EBIT of 1.58
- UMT United Mobility Technology AG has EV/EBIT of 1.58
- Western Forest Products has EV/EBIT of 1.58
- TransGlobe has EV/EBIT of 1.59
- Pc 1 Corp has EV/EBIT of 1.60