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Carnival Corp (NYSE:CCL)
EV/EBIT
29.92 (As of Today)

EV/EBIT ratio is calculated as enterprise value divided by its Earnings Before Interest and Taxes (EBIT). As of today, Carnival Corp's enterprise value is $50,511 Mil. Carnival Corp's earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in May. 2015 was $1,688 Mil. Therefore, Carnival Corp's EV/EBIT ratio for today is 29.92.

CCL' s 10-Year EV/EBIT Range
Min: 7.9   Max: 32.1
Current: 29.93

7.9
32.1

During the past 13 years, the highest EV/EBIT Ratio of Carnival Corp was 32.10. The lowest was 7.90. And the median was 18.30.

CCL's EV/EBITis ranked lower than
72% of the 576 Companies
in the Global Leisure industry.

( Industry Median: 17.93 vs. CCL: 29.93 )

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt). Carnival Corp's enterprise value for the quarter that ended in May. 2015 was $44,016 Mil. Carnival Corp's earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in May. 2015 was $1,688 Mil. Carnival Corp's Earnings Yield (Joel Greenblatt) for the quarter that ended in May. 2015 was 3.83%.


Definition

Carnival Corp's EV/EBIT for today is calculated as:

EV/EBIT=Enterprise Value (Today)/Earnings Before Interest and Taxes (EBIT) (TTM)
=50510.615/1688
=29.92

Carnival Corp's current Enterprise Value is $50,511 Mil.
Carnival Corp's Earnings Before Interest and Taxes (EBIT) for the trailing twelve months (TTM) ended in May. 2015 was 1316 (Aug. 2014 ) + -20 (Nov. 2014 ) + 109 (Feb. 2015 ) + 283 (May. 2015 ) = $1,688 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).

Carnival Corp's Earnings Yield (Joel Greenblatt) for the quarter that ended in May. 2015 is calculated as:

Earnings Yield (Joel Greenblatt) (Q: May. 2015 )=EBIT (TTM)/Enterprise Value (Q: May. 2015 )
=1688/44015.74
=3.83 %

Carnival Corp's Enterprise Value for the quarter that ended in May. 2015 was $44,016 Mil.
Carnival Corp's Earnings Before Interest and Taxes (EBIT) for the trailing twelve months (TTM) ended in May. 2015 was 1316 (Aug. 2014 ) + -20 (Nov. 2014 ) + 109 (Feb. 2015 ) + 283 (May. 2015 ) = $1,688 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.

Carnival Corp Annual Data

Nov05Nov06Nov07Nov08Nov09Nov10Nov11Nov12Nov13Nov14
ev2ebit 19.7818.1016.179.0215.8817.6415.2423.4726.6929.26

Carnival Corp Quarterly Data

Feb13May13Aug13Nov13Feb14May14Aug14Nov14Feb15May15
ev2ebit 20.2119.0126.0526.6930.2629.2522.5529.2628.2026.08
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