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Computer Sciences Corp (NYSE:CSC)
EV/EBIT
69.94 (As of Today)

EV/EBIT ratio is calculated as enterprise value divided by its Earnings Before Interest and Taxes (EBIT). As of today, Computer Sciences Corp's enterprise value is $10,841 Mil. Computer Sciences Corp's earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2016 was $155 Mil. Therefore, Computer Sciences Corp's EV/EBIT ratio for today is 69.94.

During the past 13 years, the highest EV/EBIT Ratio of Computer Sciences Corp was 62.50. The lowest was -409.80. And the median was 5.50.

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt). Computer Sciences Corp's enterprise value for the quarter that ended in Jun. 2016 was $9,382 Mil. Computer Sciences Corp's earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2016 was $155 Mil. Computer Sciences Corp's Earnings Yield (Joel Greenblatt) for the quarter that ended in Jun. 2016 was 1.65%.


Definition

Computer Sciences Corp's EV/EBIT for today is calculated as:

EV/EBIT=Enterprise Value (Today)/Earnings Before Interest and Taxes (EBIT) (TTM)
=10840.911/155
=69.94

Computer Sciences Corp's current Enterprise Value is $10,841 Mil.
Computer Sciences Corp's Earnings Before Interest and Taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2016 was 211 (Sep. 2015 ) + 111 (Dec. 2015 ) + -156 (Mar. 2016 ) + -11 (Jun. 2016 ) = $155 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).

Computer Sciences Corp's Earnings Yield (Joel Greenblatt) for the quarter that ended in Jun. 2016 is calculated as:

Earnings Yield (Joel Greenblatt) (Q: Jun. 2016 )=EBIT (TTM)/Enterprise Value (Q: Jun. 2016 )
=155/9381.518
=1.65 %

Computer Sciences Corp's Enterprise Value for the quarter that ended in Jun. 2016 was $9,382 Mil.
Computer Sciences Corp's Earnings Before Interest and Taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2016 was 211 (Sep. 2015 ) + 111 (Dec. 2015 ) + -156 (Mar. 2016 ) + -11 (Jun. 2016 ) = $155 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.

Computer Sciences Corp Annual Data

Mar07Mar08Mar09Mar10Mar11Mar12Mar13Mar14Mar15Mar16
ev2ebit 7.225.724.254.534.51-1.056.935.29-45.3214.53

Computer Sciences Corp Quarterly Data

Jun14Sep14Dec14Mar15Jun15Sep15Dec15Mar16Jun16Sep16
ev2ebit 5.425.3412.09-45.32-47.74-30.3317.6714.5360.53-352.84
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