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Alere Inc (NYSE:ALR)
EV/EBIT
37.88 (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 $7,093 Mil. Alere Inc's earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2015 was $187 Mil. Therefore, Alere Inc's EV/EBIT ratio for today is 37.88.

ALR' s EV/EBIT Range Over the Past 10 Years
Min: -676   Max: 683.2
Current: 37.89

-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 53.65.

ALR's EV/EBIT is ranked lower than
82% of the 98 Companies
in the Global Diagnostics & Research industry.

( Industry Median: 19.72 vs. ALR: 37.89 )

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt). Alere Inc's enterprise value for the quarter that ended in Sep. 2015 was $7,880 Mil. Alere Inc's earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2015 was $187 Mil. Alere Inc's Earnings Yield (Joel Greenblatt) for the quarter that ended in Sep. 2015 was 2.38%.


Definition

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

EV/EBIT=Enterprise Value (Today)/Earnings Before Interest and Taxes (EBIT) (TTM)
=7093.498/187.238
=37.88

Alere Inc's current Enterprise Value is $7,093 Mil.
Alere Inc's Earnings Before Interest and Taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2015 was 31.094 (Dec. 2014 ) + 26.137 (Mar. 2015 ) + 96.097 (Jun. 2015 ) + 33.91 (Sep. 2015 ) = $187 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 Sep. 2015 is calculated as:

Earnings Yield (Joel Greenblatt) (Q: Sep. 2015 )=EBIT (TTM)/Enterprise Value (Q: Sep. 2015 )
=187.238/7879.5305
=2.38 %

Alere Inc's Enterprise Value for the quarter that ended in Sep. 2015 was $7,880 Mil.
Alere Inc's Earnings Before Interest and Taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2015 was 31.094 (Dec. 2014 ) + 26.137 (Mar. 2015 ) + 96.097 (Jun. 2015 ) + 33.91 (Sep. 2015 ) = $187 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

Dec05Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14
ev2ebit 93.70106.91-32.1656.0839.58-6.27145.0950.2055.5372.96

Alere Inc Quarterly Data

Jun13Sep13Dec13Mar14Jun14Sep14Dec14Mar15Jun15Sep15
ev2ebit 61.8085.2155.5349.1778.0570.0572.9690.9645.7042.08
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