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Carbo Ceramics Inc (NYSE:CRR)
EV/EBIT
8.75 (As of Today)

EV/EBIT ratio is calculated as enterprise value divided by its EBIT. As of today, Carbo Ceramics Inc's enterprise value is $1,197.3 Mil. Carbo Ceramics Inc's operating income for the trailing twelve months (TTM) ended in Jun. 2014 was $136.8 Mil. Therefore, Carbo Ceramics Inc's EV/EBIT ratio for today is 8.75.

CRR' s 10-Year EV/EBIT Range
Min: 5.7   Max: 26.7
Current: 8.75

5.7
26.7

During the past 13 years, the highest EV/EBIT Ratio of Carbo Ceramics Inc was 26.70. The lowest was 5.70. And the median was 16.10.

CRR's EV/EBITis ranked higher than
94% of the 495 Companies
in the Global Oil & Gas Equipment & Services industry.

( Industry Median: 14.43 vs. CRR: 8.75 )

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt). Carbo Ceramics Inc's enterprise value for the quarter that ended in Jun. 2014 was $3,417.2 Mil. Carbo Ceramics Inc's Operating Income for the trailing twelve months (TTM) ended in Jun. 2014 was $136.8 Mil. Carbo Ceramics Inc's Earnings Yield (Joel Greenblatt) for the quarter that ended in Jun. 2014 was 4.00%.


Definition

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

EV/EBIT=Enterprise Value (Today)/Operating Income (TTM)
=1197.308/136.844
=8.75

Carbo Ceramics Inc's current Enterprise Value is $1,197.3 Mil.
Carbo Ceramics Inc's Operating Income for the trailing twelve months (TTM) ended in Jun. 2014 was 44.197 (Sep. 2013 ) + 31.127 (Dec. 2013 ) + 27.411 (Mar. 2014 ) + 34.109 (Jun. 2014 ) = $136.8 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).

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

Earnings Yield (Joel Greenblatt) (Q: Jun. 2014 )=Operating Income (TTM)/Enterprise Value (Q: Jun. 2014 )
=136.844/3417.235
=4.00 %

Carbo Ceramics Inc's Enterprise Value for the quarter that ended in Jun. 2014 was $3,417.2 Mil.
Carbo Ceramics Inc's Operating Income for the trailing twelve months (TTM) ended in Jun. 2014 was 44.197 (Sep. 2013 ) + 31.127 (Dec. 2013 ) + 27.411 (Mar. 2014 ) + 34.109 (Jun. 2014 ) = $136.8 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.

Carbo Ceramics Inc Annual Data

Dec04Dec05Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13
ev2ebit 15.8418.4811.3212.587.7518.9319.6214.2110.8120.83

Carbo Ceramics Inc Quarterly Data

Mar12Jun12Sep12Dec12Mar13Jun13Sep13Dec13Mar14Jun14
ev2ebit 12.128.717.8610.8114.7112.9717.9520.8324.5024.97
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