Switch to:
Canon Inc (NYSE:CAJ)
EV/EBIT
8.79 (As of Today)

EV/EBIT ratio is calculated as enterprise value divided by its EBIT. As of today, Canon Inc's enterprise value is $30,442 Mil. Canon Inc's operating income for the trailing twelve months (TTM) ended in Sep. 2014 was $3,463 Mil. Therefore, Canon Inc's EV/EBIT ratio for today is 8.79.

CAJ' s 10-Year EV/EBIT Range
Min: 4.3   Max: 25.4
Current: 10.67

4.3
25.4

During the past 13 years, the highest EV/EBIT Ratio of Canon Inc was 25.40. The lowest was 4.30. And the median was 9.50.

CAJ's EV/EBITis ranked higher than
85% of the 2168 Companies
in the Global Business Equipment industry.

( Industry Median: 17.14 vs. CAJ: 10.67 )

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt). Canon Inc's enterprise value for the quarter that ended in Sep. 2014 was $30,442 Mil. Canon Inc's Operating Income for the trailing twelve months (TTM) ended in Sep. 2014 was $3,463 Mil. Canon Inc's Earnings Yield (Joel Greenblatt) for the quarter that ended in Sep. 2014 was 11.38%.


Definition

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

EV/EBIT=Enterprise Value (Today)/Operating Income (TTM)
=30441.590/3463.42475347
=8.79

Canon Inc's current Enterprise Value is $30,442 Mil.
Canon Inc's Operating Income for the trailing twelve months (TTM) ended in Sep. 2014 was 904.117533346 (Dec. 2013 ) + 807.494625757 (Mar. 2014 ) + 1083.14578559 (Jun. 2014 ) + 668.66680878 (Sep. 2014 ) = $3,463 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. 2014 is calculated as:

Earnings Yield (Joel Greenblatt) (Q: Sep. 2014 )=Operating Income (TTM)/Enterprise Value (Q: Sep. 2014 )
=3463.42475347/30441.6436256
=11.38 %

Canon Inc's Enterprise Value for the quarter that ended in Sep. 2014 was $30,442 Mil.
Canon Inc's Operating Income for the trailing twelve months (TTM) ended in Sep. 2014 was 904.117533346 (Dec. 2013 ) + 807.494625757 (Mar. 2014 ) + 1083.14578559 (Jun. 2014 ) + 668.66680878 (Sep. 2014 ) = $3,463 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.

Canon Inc Annual Data

Dec04Dec05Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13
ev2ebit 7.839.1911.267.696.2919.4111.388.9210.249.22

Canon Inc Quarterly Data

Jun12Sep12Dec12Mar13Jun13Sep13Dec13Mar14Jun14Sep14
ev2ebit 7.957.1410.2411.6610.399.609.228.127.919.26
Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)
Free 7-day Trial
FEEDBACK