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Cantel Medical Corp (NYSE:CMN)
EV/EBIT
24.97 (As of Today)

EV/EBIT ratio is calculated as enterprise value divided by its EBIT. As of today, Cantel Medical Corp's enterprise value is $1,789.6 Mil. Cantel Medical Corp's operating income for the trailing twelve months (TTM) ended in Oct. 2014 was $71.7 Mil. Therefore, Cantel Medical Corp's EV/EBIT ratio for today is 24.97.

CMN' s 10-Year EV/EBIT Range
Min: 7.3   Max: 34.9
Current: 24.97

7.3
34.9

During the past 13 years, the highest EV/EBIT Ratio of Cantel Medical Corp was 34.90. The lowest was 7.30. And the median was 15.40.

CMN's EV/EBITis ranked higher than
76% of the 300 Companies
in the Global Medical Instruments & Supplies industry.

( Industry Median: 29.42 vs. CMN: 24.97 )

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt). Cantel Medical Corp's enterprise value for the quarter that ended in Oct. 2014 was $1,805.1 Mil. Cantel Medical Corp's Operating Income for the trailing twelve months (TTM) ended in Oct. 2014 was $71.7 Mil. Cantel Medical Corp's Earnings Yield (Joel Greenblatt) for the quarter that ended in Oct. 2014 was 3.97%.


Definition

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

EV/EBIT=Enterprise Value (Today)/Operating Income (TTM)
=1789.604/71.663
=24.97

Cantel Medical Corp's current Enterprise Value is $1,789.6 Mil.
Cantel Medical Corp's Operating Income for the trailing twelve months (TTM) ended in Oct. 2014 was 18.209 (Jan. 2014 ) + 16.826 (Apr. 2014 ) + 17.581 (Jul. 2014 ) + 19.047 (Oct. 2014 ) = $71.7 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).

Cantel Medical Corp's Earnings Yield (Joel Greenblatt) for the quarter that ended in Oct. 2014 is calculated as:

Earnings Yield (Joel Greenblatt) (Q: Oct. 2014 )=Operating Income (TTM)/Enterprise Value (Q: Oct. 2014 )
=71.663/1805.1389
=3.97 %

Cantel Medical Corp's Enterprise Value for the quarter that ended in Oct. 2014 was $1,805.1 Mil.
Cantel Medical Corp's Operating Income for the trailing twelve months (TTM) ended in Oct. 2014 was 18.209 (Jan. 2014 ) + 16.826 (Apr. 2014 ) + 17.581 (Jul. 2014 ) + 19.047 (Oct. 2014 ) = $71.7 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.

Cantel Medical Corp Annual Data

Jul05Jul06Jul07Jul08Jul09Jul10Jul11Jul12Jul13Jul14
ev2ebit 17.0715.0616.3010.7510.118.1513.9214.7318.2420.80

Cantel Medical Corp Quarterly Data

Jul12Oct12Jan13Apr13Jul13Oct13Jan14Apr14Jul14Oct14
ev2ebit 14.7313.2415.3815.2718.2422.9420.4220.3320.8025.19
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