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Coventry Health Care, Inc. (NYSE:CVH)
EV/EBIT
9.53 (As of Today)

EV/EBIT ratio is calculated as enterprise value divided by its Earnings Before Interest and Taxes (EBIT). As of today, Coventry Health Care, Inc.'s enterprise value is \$6,669 Mil. Coventry Health Care, Inc.'s earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2013 was \$699 Mil. Therefore, Coventry Health Care, Inc.'s EV/EBIT ratio for today is 9.53.

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt). Coventry Health Care, Inc.'s enterprise value for the quarter that ended in Mar. 2013 was \$0 Mil. Coventry Health Care, Inc.'s earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2013 was \$699 Mil. Coventry Health Care, Inc.'s Earnings Yield (Joel Greenblatt) for the quarter that ended in Mar. 2013 was %.

Definition

Coventry Health Care, Inc.'s EV/EBIT for today is calculated as:

 EV/EBIT = Enterprise Value (Today) / Earnings Before Interest and Taxes (EBIT) (TTM) = 6668.529 / 699.382 = 9.53

Coventry Health Care, Inc.'s current Enterprise Value is \$6,669 Mil.
Coventry Health Care, Inc.'s Earnings Before Interest and Taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2013 was 145.203 (Jun. 2012 ) + 159.478 (Sep. 2012 ) + 178.533 (Dec. 2012 ) + 216.168 (Mar. 2013 ) = \$699 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).

Coventry Health Care, Inc.'s Earnings Yield (Joel Greenblatt) for the quarter that ended in Mar. 2013 is calculated as:

 Earnings Yield (Joel Greenblatt) (Q: Mar. 2013 ) = EBIT (TTM) / Enterprise Value (Q: Mar. 2013 ) = 699.382 / 0 = %

Coventry Health Care, Inc.'s Enterprise Value for the quarter that ended in Mar. 2013 was \$0 Mil.
Coventry Health Care, Inc.'s Earnings Before Interest and Taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2013 was 145.203 (Jun. 2012 ) + 159.478 (Sep. 2012 ) + 178.533 (Dec. 2012 ) + 216.168 (Mar. 2013 ) = \$699 Mil.

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.

Related Terms

Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.

Coventry Health Care, Inc. Annual Data

 Dec03 Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 ev2ebit 26.68 13.55 13.96 9.37 9.81 3.67 7.25 5.53 5.55 8.30

Coventry Health Care, Inc. Quarterly Data

 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 ev2ebit 5.53 6.35 4.71 4.15 5.55 4.57 6.59 8.28 8.30 9.33
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