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Cascade Corporation (NYSE:CASC)
EV/EBIT
10.30 (As of Today)

EV/EBIT ratio is calculated as enterprise value divided by its EBIT. As of today, Cascade Corporation's enterprise value is $695.7 Mil. Cascade Corporation's operating income for the trailing twelve months (TTM) ended in Jan. 2013 was $67.5 Mil. Therefore, Cascade Corporation's EV/EBIT ratio for today is 10.30.

CASC' s 10-Year EV/EBIT Range
Min: 0   Max: 0
Current: 0

CASC's EV/EBITis ranked lower than
63% of the 196 Companies
in the Global Farm & Construction Equipment industry.

( Industry Median: 16.25 vs. CASC: 0.00 )

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt). Cascade Corporation's enterprise value for the quarter that ended in Jan. 2013 was $698.6 Mil. Cascade Corporation's Operating Income for the trailing twelve months (TTM) ended in Jan. 2013 was $67.5 Mil. Cascade Corporation's Earnings Yield (Joel Greenblatt) for the quarter that ended in Jan. 2013 was 9.67%.


Definition

Cascade Corporation's EV/EBIT for today is calculated as:

EV/EBIT=Enterprise Value (Today)/Operating Income (TTM)
=695.689/67.535
=10.30

Cascade Corporation's current Enterprise Value is $695.7 Mil.
Cascade Corporation's Operating Income for the trailing twelve months (TTM) ended in Jan. 2013 was 20.687 (Apr. 2012 ) + 20.063 (Jul. 2012 ) + 18.41 (Oct. 2012 ) + 8.375 (Jan. 2013 ) = $67.5 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).

Cascade Corporation's Earnings Yield (Joel Greenblatt) for the quarter that ended in Jan. 2013 is calculated as:

Earnings Yield (Joel Greenblatt) (Q: Jan. 2013 )=Operating Income (TTM)/Enterprise Value (Q: Jan. 2013 )
=67.535/698.60802
=9.67 %

Cascade Corporation's Enterprise Value for the quarter that ended in Jan. 2013 was $698.6 Mil.
Cascade Corporation's Operating Income for the trailing twelve months (TTM) ended in Jan. 2013 was 20.687 (Apr. 2012 ) + 20.063 (Jul. 2012 ) + 18.41 (Oct. 2012 ) + 8.375 (Jan. 2013 ) = $67.5 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.

Cascade Corporation Annual Data

Jan04Jan05Jan06Jan07Jan08Jan09Jan10Jan11Jan12Jan13
ev2ebit 8.679.539.539.887.1527.780.0012.356.8510.00

Cascade Corporation Quarterly Data

Oct10Jan11Apr11Jul11Oct11Jan12Apr12Jul12Oct12Jan13
ev2ebit 18.5312.359.148.346.306.855.966.048.8910.00
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