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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

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

 Mar07 Mar08 Mar09 Mar10 Mar11 Mar12 Mar13 Mar14 Mar15 Mar16 ev2ebit 7.22 5.72 4.25 4.53 4.51 -1.05 6.93 5.29 -45.32 14.53

Computer Sciences Corp Quarterly Data

 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 ev2ebit 5.42 5.34 12.09 -45.32 -47.74 -30.33 17.67 14.53 60.53 -352.84
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