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Brocade Communications Systems Inc (NAS:BRCD)
EV/EBIT
11.57 (As of Today)

EV/EBIT ratio is calculated as enterprise value divided by its EBIT. As of today, Brocade Communications Systems Inc's enterprise value is $3,532 Mil. Brocade Communications Systems Inc's operating income for the trailing twelve months (TTM) ended in Apr. 2014 was $300 Mil. Therefore, Brocade Communications Systems Inc's EV/EBIT ratio for today is 11.57.

BRCD' s 10-Year EV/EBIT Range
Min: 7.4   Max: 168.4
Current: 11.57

7.4
168.4

During the past 13 years, the highest EV/EBIT Ratio of Brocade Communications Systems Inc was 168.40. The lowest was 7.40. And the median was 16.80.

BRCD's EV/EBITis ranked higher than
81% of the 2657 Companies
in the Global Data Storage industry.

( Industry Median: 23.84 vs. BRCD: 11.57 )

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt). Brocade Communications Systems Inc's enterprise value for the quarter that ended in Apr. 2014 was $3,512 Mil. Brocade Communications Systems Inc's Operating Income for the trailing twelve months (TTM) ended in Apr. 2014 was $300 Mil. Brocade Communications Systems Inc's Earnings Yield (Joel Greenblatt) for the quarter that ended in Apr. 2014 was 8.53%.


Definition

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

EV/EBIT=Enterprise Value (Today)/Operating Income (TTM)
=3532.410/299.698
=11.79

Brocade Communications Systems Inc's current Enterprise Value is $3,532 Mil.
Brocade Communications Systems Inc's Operating Income for the trailing twelve months (TTM) ended in Apr. 2014 was 74.363 (Jul. 2013 ) + 83.65 (Oct. 2013 ) + 121.49 (Jan. 2014 ) + 20.195 (Apr. 2014 ) = $300 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).

Brocade Communications Systems Inc's Earnings Yield (Joel Greenblatt) for the quarter that ended in Apr. 2014 is calculated as:

Earnings Yield (Joel Greenblatt) (Q: Apr. 2014 )=Operating Income (TTM)/Enterprise Value (Q: Apr. 2014 )
=299.698/3511.9211
=8.53 %

Brocade Communications Systems Inc's Enterprise Value for the quarter that ended in Apr. 2014 was $3,512 Mil.
Brocade Communications Systems Inc's Operating Income for the trailing twelve months (TTM) ended in Apr. 2014 was 74.363 (Jul. 2013 ) + 83.65 (Oct. 2013 ) + 121.49 (Jan. 2014 ) + 20.195 (Apr. 2014 ) = $300 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.

Brocade Communications Systems Inc Annual Data

Oct04Oct05Oct06Oct07Oct08Oct09Oct10Oct11Oct12Oct13
ev2ebit 0.0014.2622.3931.8110.78158.7816.7713.168.3210.23

Brocade Communications Systems Inc Quarterly Data

Jan12Apr12Jul12Oct12Jan13Apr13Jul13Oct13Jan14Apr14
ev2ebit 13.6912.669.508.329.368.058.9610.2310.9311.72
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