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Spirent Communications (Spirent Communications) EV-to-EBIT : 55.29 (As of Apr. 30, 2024)


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What is Spirent Communications EV-to-EBIT?

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Spirent Communications's Enterprise Value is $1,316.0 Mil. Spirent Communications's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was $23.8 Mil. Therefore, Spirent Communications's EV-to-EBIT for today is 55.29.

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

SPMYY' s EV-to-EBIT Range Over the Past 10 Years
Min: -19.04   Med: 18.97   Max: 79.53
Current: 55.5

During the past 13 years, the highest EV-to-EBIT of Spirent Communications was 79.53. The lowest was -19.04. And the median was 18.97.

SPMYY's EV-to-EBIT is ranked worse than
84.18% of 1650 companies
in the Software industry
Industry Median: 17.395 vs SPMYY: 55.50

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Spirent Communications's Enterprise Value for the quarter that ended in Dec. 2023 was $828.3 Mil. Spirent Communications's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was $23.8 Mil. Spirent Communications's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 2.87%.


Spirent Communications EV-to-EBIT Historical Data

The historical data trend for Spirent Communications'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.

Spirent Communications EV-to-EBIT Chart

Spirent Communications 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 20.42 20.12 19.88 14.89 33.86

Spirent Communications Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 19.88 - 14.89 - 33.86

Competitive Comparison of Spirent Communications's EV-to-EBIT

For the Software - Infrastructure subindustry, Spirent Communications'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.


Spirent Communications's EV-to-EBIT Distribution in the Software Industry

For the Software industry and Technology sector, Spirent Communications's EV-to-EBIT distribution charts can be found below:

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



Spirent Communications EV-to-EBIT Calculation

Spirent Communications's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=1315.969/23.8
=55.29

Spirent Communications's current Enterprise Value is $1,316.0 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Spirent Communications's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was $23.8 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.


Spirent Communications  (OTCPK:SPMYY) 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) %.

Spirent Communications'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 )
=23.8/828.2568
=2.87 %

Spirent Communications's Enterprise Value for the quarter that ended in Dec. 2023 was $828.3 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Spirent Communications's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was $23.8 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.


Spirent Communications EV-to-EBIT Related Terms

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


Spirent Communications (Spirent Communications) Business Description

Traded in Other Exchanges
Address
108 High Street, Origin One, Crawley, West Sussex, GBR, RH10 1BD
Spirent Communications PLC provides communications technologies including networks, data centers, enterprise IT, mobile communications, connected vehicles or the Internet of Things. The company operates in Networks and Security and Lifecycle Service Assurance segments. The majority of the revenue is derived from the Networks and Security segment that comprises Cloud IP, Application Security and Positioning lines of business with the aim of addressing the needs of the lab test market for Ethernet, Virtual, Data Center, applications test and timing for critical infrastructure.