Switch to:
Copart Inc (NAS:CPRT)
EV/EBIT
17.00 (As of Today)

EV/EBIT ratio is calculated as enterprise value divided by its EBIT. As of today, Copart Inc's enterprise value is $4,404 Mil. Copart Inc's operating income for the trailing twelve months (TTM) ended in Apr. 2014 was $262 Mil. Therefore, Copart Inc's EV/EBIT ratio for today is 17.00.

CPRT' s 10-Year EV/EBIT Range
Min: 8.4   Max: 19.4
Current: 17

8.4
19.4

During the past 13 years, the highest EV/EBIT Ratio of Copart Inc was 19.40. The lowest was 8.40. And the median was 13.20.

CPRT's EV/EBITis ranked higher than
66% of the 1272 Companies
in the Global Auto & Truck Dealerships industry.

( Industry Median: 14.74 vs. CPRT: 17.00 )

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt). Copart Inc's enterprise value for the quarter that ended in Apr. 2014 was $4,675 Mil. Copart Inc's Operating Income for the trailing twelve months (TTM) ended in Apr. 2014 was $262 Mil. Copart Inc's Earnings Yield (Joel Greenblatt) for the quarter that ended in Apr. 2014 was 5.61%.


Definition

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

EV/EBIT=Enterprise Value (Today)/Operating Income (TTM)
=4403.750/262.128
=16.80

Copart Inc's current Enterprise Value is $4,404 Mil.
Copart Inc's Operating Income for the trailing twelve months (TTM) ended in Apr. 2014 was 63.052 (Jul. 2013 ) + 64.959 (Oct. 2013 ) + 71.484 (Jan. 2014 ) + 62.633 (Apr. 2014 ) = $262 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).

Copart Inc's Earnings Yield (Joel Greenblatt) for the quarter that ended in Apr. 2014 is calculated as:

Earnings Yield (Joel Greenblatt) (Q: Apr. 2014 )=Operating Income (TTM)/Enterprise Value (Q: Apr. 2014 )
=262.128/4674.5789
=5.61 %

Copart Inc's Enterprise Value for the quarter that ended in Apr. 2014 was $4,675 Mil.
Copart Inc's Operating Income for the trailing twelve months (TTM) ended in Apr. 2014 was 63.052 (Jul. 2013 ) + 64.959 (Oct. 2013 ) + 71.484 (Jan. 2014 ) + 62.633 (Apr. 2014 ) = $262 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.

Copart Inc Annual Data

Jul04Jul05Jul06Jul07Jul08Jul09Jul10Jul11Jul12Jul13
ev2ebit 14.6812.4812.4311.2415.7712.4311.7411.9511.3815.57

Copart Inc Quarterly Data

Jan12Apr12Jul12Oct12Jan13Apr13Jul13Oct13Jan14Apr14
ev2ebit 12.1412.8711.3813.0916.4916.1415.5715.8116.1017.83
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)
Free 7-day Trial
FEEDBACK
Email Hide