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Array BioPharma Inc (NAS:ARRY)
EV/EBIT
37.40 (As of Today)

EV/EBIT ratio is calculated as enterprise value divided by its Earnings Before Interest and Taxes (EBIT). As of today, Array BioPharma Inc's enterprise value is $733.66 Mil. Array BioPharma Inc's earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2015 was $19.62 Mil. Therefore, Array BioPharma Inc's EV/EBIT ratio for today is 37.40.

ARRY' s 10-Year EV/EBIT Range
Min: -511.9   Max: 667.4
Current: 37.17

-511.9
667.4

During the past 13 years, the highest EV/EBIT Ratio of Array BioPharma Inc was 667.40. The lowest was -511.90. And the median was -6.40.

ARRY's EV/EBITis ranked lower than
60% of the 235 Companies
in the Global Biotechnology industry.

( Industry Median: 26.88 vs. ARRY: 37.17 )

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt). Array BioPharma Inc's enterprise value for the quarter that ended in Jun. 2015 was $946.00 Mil. Array BioPharma Inc's earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2015 was $19.62 Mil. Array BioPharma Inc's Earnings Yield (Joel Greenblatt) for the quarter that ended in Jun. 2015 was 2.07%.


Definition

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

EV/EBIT=Enterprise Value (Today)/Earnings Before Interest and Taxes (EBIT) (TTM)
=733.663/19.616
=37.40

Array BioPharma Inc's current Enterprise Value is $733.66 Mil.
Array BioPharma Inc's Earnings Before Interest and Taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2015 was -25.084 (Sep. 2014 ) + -6.066 (Dec. 2014 ) + 60.884 (Mar. 2015 ) + -10.118 (Jun. 2015 ) = $19.62 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).

Array BioPharma Inc's Earnings Yield (Joel Greenblatt) for the quarter that ended in Jun. 2015 is calculated as:

Earnings Yield (Joel Greenblatt) (Q: Jun. 2015 )=EBIT (TTM)/Enterprise Value (Q: Jun. 2015 )
=19.616/945.9966
=2.07 %

Array BioPharma Inc's Enterprise Value for the quarter that ended in Jun. 2015 was $946.00 Mil.
Array BioPharma Inc's Earnings Before Interest and Taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2015 was -25.084 (Sep. 2014 ) + -6.066 (Dec. 2014 ) + 60.884 (Mar. 2015 ) + -10.118 (Jun. 2015 ) = $19.62 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.

Array BioPharma Inc Annual Data

Jun06Jun07Jun08Jun09Jun10Jun11Jun12Jun13Jun14Jun15
ev2ebit -6.71-6.91-1.98-1.64-2.64-4.54-27.64-10.29-7.8348.23

Array BioPharma Inc Quarterly Data

Mar13Jun13Sep13Dec13Mar14Jun14Sep14Dec14Mar15Jun15
ev2ebit -13.95-10.29-13.26-9.97-9.05-7.83-5.33-7.82240.2048.23
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