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Cintas Corp (NAS:CTAS)
EV/EBIT
14.63 (As of Today)

EV/EBIT ratio is calculated as enterprise value divided by its Earnings Before Interest and Taxes (EBIT). As of today, Cintas Corp's enterprise value is $11,148 Mil. Cintas Corp's earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Feb. 2016 was $762 Mil. Therefore, Cintas Corp's EV/EBIT ratio for today is 14.63.

CTAS' s EV/EBIT Range Over the Past 10 Years
Min: 6.4   Max: 16
Current: 14.65

6.4
16

During the past 13 years, the highest EV/EBIT Ratio of Cintas Corp was 16.00. The lowest was 6.40. And the median was 12.00.

CTAS's EV/EBIT is ranked lower than
52% of the 557 Companies
in the Global Business Services industry.

( Industry Median: 13.72 vs. CTAS: 14.65 )

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt). Cintas Corp's enterprise value for the quarter that ended in Feb. 2016 was $9,905 Mil. Cintas Corp's earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Feb. 2016 was $762 Mil. Cintas Corp's Earnings Yield (Joel Greenblatt) for the quarter that ended in Feb. 2016 was 7.70%.


Definition

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

EV/EBIT=Enterprise Value (Today)/Earnings Before Interest and Taxes (EBIT) (TTM)
=11148.029/762.215
=14.63

Cintas Corp's current Enterprise Value is $11,148 Mil.
Cintas Corp's Earnings Before Interest and Taxes (EBIT) for the trailing twelve months (TTM) ended in Feb. 2016 was 182.842 (May. 2015 ) + 185.626 (Aug. 2015 ) + 200.46 (Nov. 2015 ) + 193.287 (Feb. 2016 ) = $762 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).

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

Earnings Yield (Joel Greenblatt) (Q: Feb. 2016 )=EBIT (TTM)/Enterprise Value (Q: Feb. 2016 )
=762.215/9905.1504
=7.70 %

Cintas Corp's Enterprise Value for the quarter that ended in Feb. 2016 was $9,905 Mil.
Cintas Corp's Earnings Before Interest and Taxes (EBIT) for the trailing twelve months (TTM) ended in Feb. 2016 was 182.842 (May. 2015 ) + 185.626 (Aug. 2015 ) + 200.46 (Nov. 2015 ) + 193.287 (Feb. 2016 ) = $762 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.

Cintas Corp Annual Data

May06May07May08May09May10May11May12May13May14May15
ev2ebit 13.5611.679.069.9410.6911.9410.3711.5412.0114.49

Cintas Corp Quarterly Data

Nov13Feb14May14Aug14Nov14Feb15May15Aug15Nov15Feb16
ev2ebit 13.1713.8012.0111.8012.1413.5614.4914.6414.1813.00
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