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Crane Company (NYSE:CR)
EV/EBIT
13.70 (As of Today)

EV/EBIT ratio is calculated as enterprise value divided by its EBIT. As of today, Crane Company's enterprise value is $4,742 Mil. Crane Company's operating income for the trailing twelve months (TTM) ended in Dec. 2013 was $348 Mil. Therefore, Crane Company's EV/EBIT ratio for today is 13.70.

CR' s 10-Year EV/EBIT Range
Min: 3   Max: 82.1
Current: 13.7

3
82.1

During the past 13 years, the highest EV/EBIT Ratio of Crane Company was 82.10. The lowest was 3.00. And the median was 10.90.

CR's EV/EBITis ranked higher than
68% of the 1637 Companies
in the Global Diversified Industrials industry.

( Industry Median: 14.80 vs. CR: 13.70 )

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt). Crane Company's enterprise value for the quarter that ended in Dec. 2013 was $4,525 Mil. Crane Company's Operating Income for the trailing twelve months (TTM) ended in Dec. 2013 was $348 Mil. Crane Company's Earnings Yield (Joel Greenblatt) for the quarter that ended in Dec. 2013 was 7.69%.


Definition

Crane Company's EV/EBIT for today is calculated as:

EV/EBIT=Enterprise Value (Today)/Operating Income (TTM)
=4742.297/347.876
=13.63

Crane Company's current Enterprise Value is $4,742 Mil.
Crane Company's Operating Income for the trailing twelve months (TTM) ended in Dec. 2013 was 86.9 (Mar. 2013 ) + 88.846 (Jun. 2013 ) + 89.009 (Sep. 2013 ) + 83.121 (Dec. 2013 ) = $348 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).

Crane Company's Earnings Yield (Joel Greenblatt) for the quarter that ended in Dec. 2013 is calculated as:

Earnings Yield (Joel Greenblatt) (Q: Dec. 2013 )=Operating Income (TTM)/Enterprise Value (Q: Dec. 2013 )
=347.876/4525.2945
=7.69 %

Crane Company's Enterprise Value for the quarter that ended in Dec. 2013 was $4,525 Mil.
Crane Company's Operating Income for the trailing twelve months (TTM) ended in Dec. 2013 was 86.9 (Mar. 2013 ) + 88.846 (Jun. 2013 ) + 89.009 (Sep. 2013 ) + 83.121 (Dec. 2013 ) = $348 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.

Crane Company Annual Data

Dec04Dec05Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13
ev2ebit 10.4610.4810.210.0010.448.7710.7375.128.4713.01

Crane Company Quarterly Data

Sep11Dec11Mar12Jun12Sep12Dec12Mar13Jun13Sep13Dec13
ev2ebit 7.9475.1269.7766.0559.658.4710.1910.2810.3113.01
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