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Benchmark Electronics Inc (NYSE:BHE)
EV/EBIT
8.73 (As of Today)

EV/EBIT ratio is calculated as enterprise value divided by its EBIT. As of today, Benchmark Electronics Inc's enterprise value is $842 Mil. Benchmark Electronics Inc's operating income for the trailing twelve months (TTM) ended in Mar. 2015 was $96 Mil. Therefore, Benchmark Electronics Inc's EV/EBIT ratio for today is 8.73.

BHE' s 10-Year EV/EBIT Range
Min: -4   Max: 21.8
Current: 9.08

-4
21.8

During the past 13 years, the highest EV/EBIT Ratio of Benchmark Electronics Inc was 21.80. The lowest was -4.00. And the median was 9.90.

BHE's EV/EBITis ranked higher than
76% of the 1558 Companies
in the Global Contract Manufacturers industry.

( Industry Median: 15.31 vs. BHE: 9.08 )

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt). Benchmark Electronics Inc's enterprise value for the quarter that ended in Mar. 2015 was $900 Mil. Benchmark Electronics Inc's Operating Income for the trailing twelve months (TTM) ended in Mar. 2015 was $96 Mil. Benchmark Electronics Inc's Earnings Yield (Joel Greenblatt) for the quarter that ended in Mar. 2015 was 10.72%.


Definition

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

EV/EBIT=Enterprise Value (Today)/Operating Income (TTM)
=842.001/96.42
=8.73

Benchmark Electronics Inc's current Enterprise Value is $842 Mil.
Benchmark Electronics Inc's Operating Income for the trailing twelve months (TTM) ended in Mar. 2015 was 27.144 (Jun. 2014 ) + 21.915 (Sep. 2014 ) + 28.653 (Dec. 2014 ) + 18.708 (Mar. 2015 ) = $96 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).

Benchmark Electronics Inc's Earnings Yield (Joel Greenblatt) for the quarter that ended in Mar. 2015 is calculated as:

Earnings Yield (Joel Greenblatt) (Q: Mar. 2015 )=Operating Income (TTM)/Enterprise Value (Q: Mar. 2015 )
=96.42/899.74035
=10.72 %

Benchmark Electronics Inc's Enterprise Value for the quarter that ended in Mar. 2015 was $900 Mil.
Benchmark Electronics Inc's Operating Income for the trailing twelve months (TTM) ended in Mar. 2015 was 27.144 (Jun. 2014 ) + 21.915 (Sep. 2014 ) + 28.653 (Dec. 2014 ) + 18.708 (Mar. 2015 ) = $96 Mil.

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.


Related Terms

Enterprise Value, Operating Income, Earnings Yield (Joel Greenblatt)


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.

Benchmark Electronics Inc Annual Data

Dec05Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14
ev2ebit 10.9310.879.95-2.9015.198.7412.237.187.789.32

Benchmark Electronics Inc Quarterly Data

Dec12Mar13Jun13Sep13Dec13Mar14Jun14Sep14Dec14Mar15
ev2ebit 7.187.109.2410.207.786.717.055.899.329.33
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