Switch to:
Alere Inc (NYSE:ALR)
EV/EBIT
139.13 (As of Today)

EV/EBIT ratio is calculated as enterprise value divided by its Earnings Before Interest and Taxes (EBIT). As of today, Alere Inc's enterprise value is $6,830 Mil. Alere Inc's earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2016 was $49 Mil. Therefore, Alere Inc's EV/EBIT ratio for today is 139.13.

ALR' s EV/EBIT Range Over the Past 10 Years
Min: -676   Max: 683.2
Current: 139.13

-676
683.2

During the past 13 years, the highest EV/EBIT Ratio of Alere Inc was 683.20. The lowest was -676.00. And the median was 53.50.

ALR's EV/EBIT is ranked lower than
97% of the 94 Companies
in the Global Diagnostics & Research industry.

( Industry Median: 20.92 vs. ALR: 139.13 )

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt). Alere Inc's enterprise value for the quarter that ended in Jun. 2016 was $6,695 Mil. Alere Inc's earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2016 was $49 Mil. Alere Inc's Earnings Yield (Joel Greenblatt) for the quarter that ended in Jun. 2016 was 0.73%.


Definition

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

EV/EBIT=Enterprise Value (Today)/Earnings Before Interest and Taxes (EBIT) (TTM)
=6830.278/49.093
=139.13

Alere Inc's current Enterprise Value is $6,830 Mil.
Alere Inc's Earnings Before Interest and Taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2016 was 33.91 (Sep. 2015 ) + -20.137 (Dec. 2015 ) + 26.887 (Mar. 2016 ) + 8.433 (Jun. 2016 ) = $49 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).

Alere Inc's Earnings Yield (Joel Greenblatt) for the quarter that ended in Jun. 2016 is calculated as:

Earnings Yield (Joel Greenblatt) (Q: Jun. 2016 )=EBIT (TTM)/Enterprise Value (Q: Jun. 2016 )
=49.093/6694.9412
=0.73 %

Alere Inc's Enterprise Value for the quarter that ended in Jun. 2016 was $6,695 Mil.
Alere Inc's Earnings Before Interest and Taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2016 was 33.91 (Sep. 2015 ) + -20.137 (Dec. 2015 ) + 26.887 (Mar. 2016 ) + 8.433 (Jun. 2016 ) = $49 Mil.

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


Related Terms

Enterprise Value, Earnings Yield (Joel Greenblatt), Earnings Before Interest and Taxes (EBIT)


Historical Data

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

Alere Inc Annual Data

Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14Dec15
ev2ebit 106.91-32.1656.0939.58-6.27145.2546.9452.3987.5050.22

Alere Inc Quarterly Data

Mar14Jun14Sep14Dec14Mar15Jun15Sep15Dec15Mar16Jun16
ev2ebit 50.5684.9470.6487.5095.4245.7742.6248.2455.12136.37
Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)
FEEDBACK