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Canon Inc (NYSE:CAJ)
EV/EBIT
10.33 (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 $30,897 Mil. Canon Inc's earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2015 was $2,991 Mil. Therefore, Canon Inc's EV/EBIT ratio for today is 10.33.

CAJ' s 10-Year EV/EBIT Range
Min: 4.3   Max: 25.4
Current: 10.28

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 9.70.

CAJ's EV/EBITis ranked higher than
63% of the 1358 Companies
in the Global Business Equipment industry.

( Industry Median: 13.46 vs. CAJ: 10.28 )

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt). Canon Inc's enterprise value for the quarter that ended in Jun. 2015 was $31,941 Mil. Canon Inc's earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2015 was $2,991 Mil. Canon Inc's Earnings Yield (Joel Greenblatt) for the quarter that ended in Jun. 2015 was 9.36%.


Definition

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

EV/EBIT=Enterprise Value (Today)/Earnings Before Interest and Taxes (EBIT) (TTM)
=30896.551/2990.9104433
=10.33

Canon Inc's current Enterprise Value is $30,897 Mil.
Canon Inc's Earnings Before Interest and Taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2015 was 747.400296205 (Sep. 2014 ) + 897.134088648 (Dec. 2014 ) + 509.840565807 (Mar. 2015 ) + 836.535492642 (Jun. 2015 ) = $2,991 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 Jun. 2015 is calculated as:

Earnings Yield (Joel Greenblatt) (Q: Jun. 2015 )=EBIT (TTM)/Enterprise Value (Q: Jun. 2015 )
=2990.9104433/31941.0134515
=9.36 %

Canon Inc's Enterprise Value for the quarter that ended in Jun. 2015 was $31,941 Mil.
Canon Inc's Earnings Before Interest and Taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2015 was 747.400296205 (Sep. 2014 ) + 897.134088648 (Dec. 2014 ) + 509.840565807 (Mar. 2015 ) + 836.535492642 (Jun. 2015 ) = $2,991 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

Dec05Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14
ev2ebit 8.7311.047.556.4719.1811.178.989.658.938.97

Canon Inc Quarterly Data

Mar13Jun13Sep13Dec13Mar14Jun14Sep14Dec14Mar15Jun15
ev2ebit 11.099.679.158.938.087.758.808.9710.8811.14
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