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Assa Abloy AB (OTCPK:ASAZY)
EV/EBIT
16.66 (As of Today)

EV/EBIT ratio is calculated as enterprise value divided by its Earnings Before Interest and Taxes (EBIT). As of today, Assa Abloy AB's enterprise value is $22,303 Mil. Assa Abloy AB's earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2016 was $1,338 Mil. Therefore, Assa Abloy AB's EV/EBIT ratio for today is 16.66.

ASAZY' s EV/EBIT Range Over the Past 10 Years
Min: 5.9   Max: 31.8
Current: 18.25

5.9
31.8

During the past 13 years, the highest EV/EBIT Ratio of Assa Abloy AB was 31.80. The lowest was 5.90. And the median was 16.50.

ASAZY's EV/EBIT is ranked lower than
56% of the 242 Companies
in the Global Security & Protection Services industry.

( Industry Median: 15.92 vs. ASAZY: 18.25 )

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt). Assa Abloy AB's enterprise value for the quarter that ended in Sep. 2016 was $25,083 Mil. Assa Abloy AB's earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2016 was $1,338 Mil. Assa Abloy AB's Earnings Yield (Joel Greenblatt) for the quarter that ended in Sep. 2016 was 5.34%.


Definition

Assa Abloy AB's EV/EBIT for today is calculated as:

EV/EBIT=Enterprise Value (Today)/Earnings Before Interest and Taxes (EBIT) (TTM)
=22303.110/1338.48461135
=16.66

Assa Abloy AB's current Enterprise Value is $22,303 Mil.
Assa Abloy AB's Earnings Before Interest and Taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2016 was 345.075231345 (Dec. 2015 ) + 288.98961556 (Mar. 2016 ) + 350.420866298 (Jun. 2016 ) + 353.998898149 (Sep. 2016 ) = $1,338 Mil.

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's 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).

Assa Abloy AB's Earnings Yield (Joel Greenblatt) for the quarter that ended in Sep. 2016 is calculated as:

Earnings Yield (Joel Greenblatt) (Q: Sep. 2016 )=EBIT (TTM)/Enterprise Value (Q: Sep. 2016 )
=1338.48461135/25083.1744284
=5.34 %

Assa Abloy AB's Enterprise Value for the quarter that ended in Sep. 2016 was $25,083 Mil.
Assa Abloy AB's Earnings Before Interest and Taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2016 was 345.075231345 (Dec. 2015 ) + 288.98961556 (Mar. 2016 ) + 350.420866298 (Jun. 2016 ) + 353.998898149 (Sep. 2016 ) = $1,338 Mil.

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's 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 local exchange's currency.

Assa Abloy AB Annual Data

Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14Dec15
ev2ebit 0.000.0011.416.0213.3917.5215.8519.9618.1719.81

Assa Abloy AB Quarterly Data

Jun14Sep14Dec14Mar15Jun15Sep15Dec15Mar16Jun16Sep16
ev2ebit 8.4819.5918.178.797.9819.6219.8118.0819.2019.18
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