Switch to:
GuruFocus has detected 5 Warning Signs with Crane Co $CR.
More than 500,000 people have already joined GuruFocus to track the stocks they follow and exchange investment ideas.
Crane Co (NYSE:CR)
EV-to-EBIT
22.68 (As of Today)

EV/EBIT ratio is calculated as enterprise value divided by its Earnings Before Interest and Taxes (EBIT). As of today, Crane Co's enterprise value is $4,551 Mil. Crane Co's earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2016 was $201 Mil. Therefore, Crane Co's EV/EBIT ratio for today is 22.68.

CR' s EV-to-EBIT Range Over the Past 10 Years
Min: -41.6   Max: 74.2
Current: 22.68

-41.6
74.2

During the past 13 years, the highest EV/EBIT Ratio of Crane Co was 74.20. The lowest was -41.60. And the median was 10.50.

CR's EV-to-EBIT is ranked lower than
71% of the 1889 Companies
in the Global Diversified Industrials industry.

( Industry Median: 15.47 vs. CR: 22.68 )

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt). Crane Co's enterprise value for the quarter that ended in Dec. 2016 was $4,478 Mil. Crane Co's earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2016 was $201 Mil. Crane Co's Earnings Yield (Joel Greenblatt) for the quarter that ended in Dec. 2016 was 4.48%.


Definition

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

EV/EBIT=Enterprise Value (Today)/Earnings Before Interest and Taxes (EBIT) (TTM)
=4550.550/200.6
=22.68

Crane Co's current Enterprise Value is $4,551 Mil.
Crane Co's Earnings Before Interest and Taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2016 was 85.7 (Mar. 2016 ) + 102.8 (Jun. 2016 ) + 104.2 (Sep. 2016 ) + -92.1 (Dec. 2016 ) = $201 Mil.

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's 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 Co's Earnings Yield (Joel Greenblatt) for the quarter that ended in Dec. 2016 is calculated as:

Earnings Yield (Joel Greenblatt) (Q: Dec. 2016 )=EBIT (TTM)/Enterprise Value (Q: Dec. 2016 )
=200.6/4478.0592
=4.48 %

Crane Co's Enterprise Value for the quarter that ended in Dec. 2016 was $4,478 Mil.
Crane Co's Earnings Before Interest and Taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2016 was 85.7 (Mar. 2016 ) + 102.8 (Jun. 2016 ) + 104.2 (Sep. 2016 ) + -92.1 (Dec. 2016 ) = $201 Mil.

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's 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 local exchange's currency.

Crane Co Annual Data

Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14Dec15Dec16
ev2ebit -39.879.858.6210.7067.268.4412.8512.258.6122.32

Crane Co Quarterly Data

Sep14Dec14Mar15Jun15Sep15Dec15Mar16Jun16Sep16Dec16
ev2ebit 13.7412.2512.9512.408.868.619.699.7610.1822.32
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