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Cyberonics Inc (NAS:CYBX)
EV/EBIT
-42.35 (As of Today)

EV/EBIT ratio is calculated as enterprise value divided by its Earnings Before Interest and Taxes (EBIT). As of today, Cyberonics Inc's enterprise value is $3,128.4 Mil. Cyberonics Inc's earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2016 was $-73.9 Mil. Therefore, Cyberonics Inc's EV/EBIT ratio for today is -42.35.

During the past 13 years, the highest EV/EBIT Ratio of Cyberonics Inc was 42.60. The lowest was -101.00. And the median was -36.25.

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt). Cyberonics Inc's enterprise value for the quarter that ended in Jun. 2016 was $0.0 Mil. Cyberonics Inc's earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2016 was $-73.9 Mil. Cyberonics Inc's Earnings Yield (Joel Greenblatt) for the quarter that ended in Jun. 2016 was %.


Definition

Cyberonics Inc's EV/EBIT for today is calculated as:

EV/EBIT=Enterprise Value (Today)/Earnings Before Interest and Taxes (EBIT) (TTM)
=3128.370/-73.872
=-42.35

Cyberonics Inc's current Enterprise Value is $3,128.4 Mil.
Cyberonics Inc's Earnings Before Interest and Taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2016 was -26.352 (Oct. 2015 ) + -32.682 (Dec. 2015 ) + -37.727 (Mar. 2016 ) + 22.889 (Jun. 2016 ) = $-73.9 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).

Cyberonics Inc'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 )
=-73.872/0
= %

Cyberonics Inc's Enterprise Value for the quarter that ended in Jun. 2016 was $0.0 Mil.
Cyberonics Inc's Earnings Before Interest and Taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2016 was -26.352 (Oct. 2015 ) + -32.682 (Dec. 2015 ) + -37.727 (Mar. 2016 ) + 22.889 (Jun. 2016 ) = $-73.9 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.

Cyberonics Inc Annual Data

Apr05Apr06Apr07Apr08Apr09Apr10Apr11Apr12Apr13Apr14
ev2ebit 0.000.000.000.000.000.000.000.000.000.00

Cyberonics Inc Quarterly Data

Apr14Jul14Oct14Jan15Apr15Jul15Oct15Dec15Mar16Jun16
ev2ebit 0.000.000.000.000.000.0042.47-150.81-36.09-34.01
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