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Adobe Systems Inc (NAS:ADBE)
EV/EBIT
87.61 (As of Today)

EV/EBIT ratio is calculated as enterprise value divided by its EBIT. As of today, Adobe Systems Inc's enterprise value is $34,447 Mil. Adobe Systems Inc's operating income for the trailing twelve months (TTM) ended in Nov. 2014 was $393 Mil. Therefore, Adobe Systems Inc's EV/EBIT ratio for today is 87.61.

ADBE' s 10-Year EV/EBIT Range
Min: 7.1   Max: 90.9
Current: 87.61

7.1
90.9

During the past 13 years, the highest EV/EBIT Ratio of Adobe Systems Inc was 90.90. The lowest was 7.10. And the median was 20.40.

ADBE's EV/EBITis ranked higher than
65% of the 2274 Companies
in the Global Software - Application industry.

( Industry Median: 33.85 vs. ADBE: 87.61 )

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt). Adobe Systems Inc's enterprise value for the quarter that ended in Nov. 2014 was $33,919 Mil. Adobe Systems Inc's Operating Income for the trailing twelve months (TTM) ended in Nov. 2014 was $393 Mil. Adobe Systems Inc's Earnings Yield (Joel Greenblatt) for the quarter that ended in Nov. 2014 was 1.16%.


Definition

Adobe Systems Inc's EV/EBIT for today is calculated as:

EV/EBIT=Enterprise Value (Today)/Operating Income (TTM)
=34447.295/393.185
=87.61

Adobe Systems Inc's current Enterprise Value is $34,447 Mil.
Adobe Systems Inc's Operating Income for the trailing twelve months (TTM) ended in Nov. 2014 was 78.746 (Feb. 2014 ) + 135.258 (May. 2014 ) + 74.176 (Aug. 2014 ) + 105.005 (Nov. 2014 ) = $393 Mil.

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.


Explanation

This is a more accurate valuation of companies' operation because it consider 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).

Adobe Systems Inc's Earnings Yield (Joel Greenblatt) for the quarter that ended in Nov. 2014 is calculated as:

Earnings Yield (Joel Greenblatt) (Q: Nov. 2014 )=Operating Income (TTM)/Enterprise Value (Q: Nov. 2014 )
=393.185/33918.7582
=1.16 %

Adobe Systems Inc's Enterprise Value for the quarter that ended in Nov. 2014 was $33,919 Mil.
Adobe Systems Inc's Operating Income for the trailing twelve months (TTM) ended in Nov. 2014 was 78.746 (Feb. 2014 ) + 135.258 (May. 2014 ) + 74.176 (Aug. 2014 ) + 105.005 (Nov. 2014 ) = $393 Mil.

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.


Related Terms

Enterprise Value, Operating Income, Earnings Yield (Joel Greenblatt)


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.

Adobe Systems Inc Annual Data

Nov05Nov06Nov07Nov08Nov09Nov10Nov11Nov12Nov13Nov14
ev2ebit 19.7938.7325.6310.3425.2413.2810.9812.7662.7086.27

Adobe Systems Inc Quarterly Data

Aug12Nov12Feb13May13Aug13Nov13Feb14May14Aug14Nov14
ev2ebit 12.2712.7617.6424.1733.9362.7079.3069.4384.9986.27
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