Switch to:
Carnival Corp (NYSE:CCL)
EV/EBIT
18.20 (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 $45,198 Mil. Carnival Corp's earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in May. 2016 was $2,483 Mil. Therefore, Carnival Corp's EV/EBIT ratio for today is 18.20.

CCL' s EV/EBIT Range Over the Past 10 Years
Min: 17.1   Max: 31.4
Current: 18.16

17.1
31.4

During the past 13 years, the highest EV/EBIT Ratio of Carnival Corp was 31.40. The lowest was 17.10. And the median was 24.25.

CCL's EV/EBIT is ranked lower than
55% of the 636 Companies
in the Global Leisure industry.

( Industry Median: 17.04 vs. CCL: 18.16 )

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt). Carnival Corp's enterprise value for the quarter that ended in May. 2016 was $44,476 Mil. Carnival Corp's earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in May. 2016 was $2,483 Mil. Carnival Corp's Earnings Yield (Joel Greenblatt) for the quarter that ended in May. 2016 was 5.58%.


Definition

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

EV/EBIT=Enterprise Value (Today)/Earnings Before Interest and Taxes (EBIT) (TTM)
=45197.856/2483
=18.20

Carnival Corp's current Enterprise Value is $45,198 Mil.
Carnival Corp's Earnings Before Interest and Taxes (EBIT) for the trailing twelve months (TTM) ended in May. 2016 was 1303 (Aug. 2015 ) + 321 (Nov. 2015 ) + 195 (Feb. 2016 ) + 664 (May. 2016 ) = $2,483 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. 2016 is calculated as:

Earnings Yield (Joel Greenblatt) (Q: May. 2016 )=EBIT (TTM)/Enterprise Value (Q: May. 2016 )
=2483/44476.3
=5.58 %

Carnival Corp's Enterprise Value for the quarter that ended in May. 2016 was $44,476 Mil.
Carnival Corp's Earnings Before Interest and Taxes (EBIT) for the trailing twelve months (TTM) ended in May. 2016 was 1303 (Aug. 2015 ) + 321 (Nov. 2015 ) + 195 (Feb. 2016 ) + 664 (May. 2016 ) = $2,483 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

Nov06Nov07Nov08Nov09Nov10Nov11Nov12Nov13Nov14Nov15
ev2ebit 0.000.000.000.000.000.0023.4727.1328.4723.02

Carnival Corp Quarterly Data

Feb14May14Aug14Nov14Feb15May15Aug15Nov15Feb16May16
ev2ebit 30.8029.7522.9528.4727.4626.1827.2523.0221.1717.91
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)
FEEDBACK