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Bioanalytical Systems Inc (NAS:BASI)
EV/EBIT
-10.05 (As of Today)

EV/EBIT ratio is calculated as enterprise value divided by its Earnings Before Interest and Taxes (EBIT). As of today, Bioanalytical Systems Inc's enterprise value is $16.30 Mil. Bioanalytical Systems Inc's earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2016 was $-1.62 Mil. Therefore, Bioanalytical Systems Inc's EV/EBIT ratio for today is -10.05.

During the past 13 years, the highest EV/EBIT Ratio of Bioanalytical Systems Inc was 223.50. The lowest was -108.00. And the median was 11.00.

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt). Bioanalytical Systems Inc's enterprise value for the quarter that ended in Jun. 2016 was $15.98 Mil. Bioanalytical Systems Inc's earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2016 was $-1.62 Mil. Bioanalytical Systems Inc's Earnings Yield (Joel Greenblatt) for the quarter that ended in Jun. 2016 was -10.15%.


Definition

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

EV/EBIT=Enterprise Value (Today)/Earnings Before Interest and Taxes (EBIT) (TTM)
=16.301/-1.622
=-10.05

Bioanalytical Systems Inc's current Enterprise Value is $16.30 Mil.
Bioanalytical Systems Inc's Earnings Before Interest and Taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2016 was -0.657 (Sep. 2015 ) + -0.439 (Dec. 2015 ) + -0.183 (Mar. 2016 ) + -0.343 (Jun. 2016 ) = $-1.62 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).

Bioanalytical Systems 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 )
=-1.622/15.9797
=-10.15 %

Bioanalytical Systems Inc's Enterprise Value for the quarter that ended in Jun. 2016 was $15.98 Mil.
Bioanalytical Systems Inc's Earnings Before Interest and Taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2016 was -0.657 (Sep. 2015 ) + -0.439 (Dec. 2015 ) + -0.183 (Mar. 2016 ) + -0.343 (Jun. 2016 ) = $-1.62 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.

Bioanalytical Systems Inc Annual Data

Sep06Sep07Sep08Sep09Sep10Sep11Sep12Sep13Sep14Sep15
ev2ebit -33.9420.6139.74-3.50-7.105.58-3.3712.41-43.2813.77

Bioanalytical Systems Inc Quarterly Data

Mar14Jun14Sep14Dec14Mar15Jun15Sep15Dec15Mar16Jun16
ev2ebit 46.25191.15-43.28128.7644.2912.5613.7726.3953.89-9.85
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