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AeroVironment Inc (NAS:AVAV)
EV/EBIT
44.97 (As of Today)

EV/EBIT ratio is calculated as enterprise value divided by its Earnings Before Interest and Taxes (EBIT). As of today, AeroVironment Inc's enterprise value is $466.5 Mil. AeroVironment Inc's earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jan. 2016 was $10.4 Mil. Therefore, AeroVironment Inc's EV/EBIT ratio for today is 44.97.

AVAV' s EV/EBIT Range Over the Past 10 Years
Min: -1515.8   Max: 295.4
Current: 44.97

-1515.8
295.4

During the past 13 years, the highest EV/EBIT Ratio of AeroVironment Inc was 295.40. The lowest was -1515.80. And the median was 13.30.

AVAV's EV/EBIT is ranked lower than
83% of the 133 Companies
in the Global Aerospace & Defense industry.

( Industry Median: 16.08 vs. AVAV: 44.97 )

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt). AeroVironment Inc's enterprise value for the quarter that ended in Jan. 2016 was $375.9 Mil. AeroVironment Inc's earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jan. 2016 was $10.4 Mil. AeroVironment Inc's Earnings Yield (Joel Greenblatt) for the quarter that ended in Jan. 2016 was 2.76%.


Definition

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

EV/EBIT=Enterprise Value (Today)/Earnings Before Interest and Taxes (EBIT) (TTM)
=466.454/10.373
=44.97

AeroVironment Inc's current Enterprise Value is $466.5 Mil.
AeroVironment Inc's Earnings Before Interest and Taxes (EBIT) for the trailing twelve months (TTM) ended in Jan. 2016 was 7.469 (Apr. 2015 ) + -9.064 (Jul. 2015 ) + 6.903 (Oct. 2015 ) + 5.065 (Jan. 2016 ) = $10.4 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).

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

Earnings Yield (Joel Greenblatt) (Q: Jan. 2016 )=EBIT (TTM)/Enterprise Value (Q: Jan. 2016 )
=10.373/375.9036
=2.76 %

AeroVironment Inc's Enterprise Value for the quarter that ended in Jan. 2016 was $375.9 Mil.
AeroVironment Inc's Earnings Before Interest and Taxes (EBIT) for the trailing twelve months (TTM) ended in Jan. 2016 was 7.469 (Apr. 2015 ) + -9.064 (Jul. 2015 ) + 6.903 (Oct. 2015 ) + 5.065 (Jan. 2016 ) = $10.4 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.

AeroVironment Inc Annual Data

Apr06Apr07Apr08Apr09Apr10Apr11Apr12Apr13Apr14Apr15
ev2ebit 0.009.1111.6111.2613.5312.969.2776.0547.12182.69

AeroVironment Inc Quarterly Data

Oct13Jan14Apr14Jul14Oct14Jan15Apr15Jul15Oct15Jan16
ev2ebit -46.28-1,061.0447.1238.70101.72263.71182.69-677.7031.7536.24
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