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Canon Inc (NYSE:CAJ)
EV/EBIT
9.40 (As of Today)

EV/EBIT ratio is calculated as enterprise value divided by its Earnings Before Interest and Taxes (EBIT). As of today, Canon Inc's enterprise value is $26,895 Mil. Canon Inc's earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2015 was $2,860 Mil. Therefore, Canon Inc's EV/EBIT ratio for today is 9.40.

CAJ' s EV/EBIT Range Over the Past 10 Years
Min: 5.1   Max: 35
Current: 13.7

5.1
35

During the past 13 years, the highest EV/EBIT Ratio of Canon Inc was 35.00. The lowest was 5.10. And the median was 12.80.

CAJ's EV/EBIT is ranked lower than
51% of the 2018 Companies
in the Global Business Equipment industry.

( Industry Median: 13.67 vs. CAJ: 13.70 )

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt). Canon Inc's enterprise value for the quarter that ended in Sep. 2015 was $28,470 Mil. Canon Inc's earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2015 was $2,860 Mil. Canon Inc's Earnings Yield (Joel Greenblatt) for the quarter that ended in Sep. 2015 was 10.05%.


Definition

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

EV/EBIT=Enterprise Value (Today)/Earnings Before Interest and Taxes (EBIT) (TTM)
=26895.143/2860.34310922
=9.40

Canon Inc's current Enterprise Value is $26,895 Mil.
Canon Inc's Earnings Before Interest and Taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2015 was 897.134088648 (Dec. 2014 ) + 509.840565807 (Mar. 2015 ) + 836.535492642 (Jun. 2015 ) + 616.832962123 (Sep. 2015 ) = $2,860 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).

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

Earnings Yield (Joel Greenblatt) (Q: Sep. 2015 )=EBIT (TTM)/Enterprise Value (Q: Sep. 2015 )
=2860.34310922/28470.0718844
=10.05 %

Canon Inc's Enterprise Value for the quarter that ended in Sep. 2015 was $28,470 Mil.
Canon Inc's Earnings Before Interest and Taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2015 was 897.134088648 (Dec. 2014 ) + 509.840565807 (Mar. 2015 ) + 836.535492642 (Jun. 2015 ) + 616.832962123 (Sep. 2015 ) = $2,860 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.

Canon Inc Annual Data

Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14Dec15
ev2ebit 15.2310.266.7134.6314.1611.9313.0612.5612.440.00

Canon Inc Quarterly Data

Sep13Dec13Mar14Jun14Sep14Dec14Mar15Jun15Sep15Dec15
ev2ebit 12.4612.5611.1210.4911.9912.4415.3816.0014.190.00
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