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Computer Sciences Corp (NYSE:CSC)
EV/EBIT
18.69 (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 $8,018 Mil. Computer Sciences Corp's earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2016 was $429 Mil. Therefore, Computer Sciences Corp's EV/EBIT ratio for today is 18.69.

CSC' s EV/EBIT Range Over the Past 10 Years
Min: -50.4   Max: 20.4
Current: 18.69

-50.4
20.4

During the past 13 years, the highest EV/EBIT Ratio of Computer Sciences Corp was 20.40. The lowest was -50.40. And the median was 5.60.

CSC's EV/EBIT is ranked lower than
53% of the 1177 Companies
in the Global Information Technology Services industry.

( Industry Median: 16.80 vs. CSC: 18.69 )

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt). Computer Sciences Corp's enterprise value for the quarter that ended in Mar. 2016 was $6,232 Mil. Computer Sciences Corp's earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2016 was $429 Mil. Computer Sciences Corp's Earnings Yield (Joel Greenblatt) for the quarter that ended in Mar. 2016 was 6.88%.


Definition

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

EV/EBIT=Enterprise Value (Today)/Earnings Before Interest and Taxes (EBIT) (TTM)
=8018.270/429
=18.69

Computer Sciences Corp's current Enterprise Value is $8,018 Mil.
Computer Sciences Corp's Earnings Before Interest and Taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2016 was 263 (Jun. 2015 ) + 211 (Sep. 2015 ) + 111 (Dec. 2015 ) + -156 (Mar. 2016 ) = $429 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).

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

Earnings Yield (Joel Greenblatt) (Q: Mar. 2016 )=EBIT (TTM)/Enterprise Value (Q: Mar. 2016 )
=429/6231.8882
=6.88 %

Computer Sciences Corp's Enterprise Value for the quarter that ended in Mar. 2016 was $6,232 Mil.
Computer Sciences Corp's Earnings Before Interest and Taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2016 was 263 (Jun. 2015 ) + 211 (Sep. 2015 ) + 111 (Dec. 2015 ) + -156 (Mar. 2016 ) = $429 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.

Computer Sciences Corp Annual Data

Mar07Mar08Mar09Mar10Mar11Mar12Mar13Mar14Mar15Mar16
ev2ebit 7.225.724.254.534.51-1.056.935.29-45.320.00

Computer Sciences Corp Quarterly Data

Mar14Jun14Sep14Dec14Mar15Jun15Sep15Dec15Mar16Jun16
ev2ebit 5.295.425.3412.09-45.32-47.74-30.3317.6714.530.00
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