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Copart Inc (NAS:CPRT)
EV/EBIT
14.58 (As of Today)

EV/EBIT ratio is calculated as enterprise value divided by its Earnings Before Interest and Taxes (EBIT). As of today, Copart Inc's enterprise value is $5,744 Mil. Copart Inc's earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Apr. 2016 was $394 Mil. Therefore, Copart Inc's EV/EBIT ratio for today is 14.58.

CPRT' s EV/EBIT Range Over the Past 10 Years
Min: 8.1   Max: 18.5
Current: 14.59

8.1
18.5

During the past 13 years, the highest EV/EBIT Ratio of Copart Inc was 18.50. The lowest was 8.10. And the median was 13.10.

CPRT's EV/EBIT is ranked lower than
61% of the 1070 Companies
in the Global Auto & Truck Dealerships industry.

( Industry Median: 12.19 vs. CPRT: 14.59 )

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt). Copart Inc's enterprise value for the quarter that ended in Apr. 2016 was $5,212 Mil. Copart Inc's earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Apr. 2016 was $394 Mil. Copart Inc's Earnings Yield (Joel Greenblatt) for the quarter that ended in Apr. 2016 was 7.56%.


Definition

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

EV/EBIT=Enterprise Value (Today)/Earnings Before Interest and Taxes (EBIT) (TTM)
=5743.782/393.928
=14.58

Copart Inc's current Enterprise Value is $5,744 Mil.
Copart Inc's Earnings Before Interest and Taxes (EBIT) for the trailing twelve months (TTM) ended in Apr. 2016 was 87.052 (Jul. 2015 ) + 87.484 (Oct. 2015 ) + 97.122 (Jan. 2016 ) + 122.27 (Apr. 2016 ) = $394 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. 2016 is calculated as:

Earnings Yield (Joel Greenblatt) (Q: Apr. 2016 )=EBIT (TTM)/Enterprise Value (Q: Apr. 2016 )
=393.928/5211.8388
=7.56 %

Copart Inc's Enterprise Value for the quarter that ended in Apr. 2016 was $5,212 Mil.
Copart Inc's Earnings Before Interest and Taxes (EBIT) for the trailing twelve months (TTM) ended in Apr. 2016 was 87.052 (Jul. 2015 ) + 87.484 (Oct. 2015 ) + 97.122 (Jan. 2016 ) + 122.27 (Apr. 2016 ) = $394 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.

Copart Inc Annual Data

Jul06Jul07Jul08Jul09Jul10Jul11Jul12Jul13Jul14Jul15
ev2ebit 12.2210.5014.5312.3911.7111.8311.2615.0815.3312.75

Copart Inc Quarterly Data

Jan14Apr14Jul14Oct14Jan15Apr15Jul15Oct15Jan16Apr16
ev2ebit 15.7617.4815.3314.2715.0613.0412.7512.5711.6713.23
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