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Danaher Corp (NYSE:DHR)
EV/EBIT
17.31 (As of Today)

EV/EBIT ratio is calculated as enterprise value divided by its Earnings Before Interest and Taxes (EBIT). As of today, Danaher Corp's enterprise value is $62,472 Mil. Danaher Corp's earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2015 was $3,608 Mil. Therefore, Danaher Corp's EV/EBIT ratio for today is 17.31.

DHR' s 10-Year EV/EBIT Range
Min: 10.2   Max: 19.2
Current: 17.64

10.2
19.2

During the past 13 years, the highest EV/EBIT Ratio of Danaher Corp was 19.20. The lowest was 10.20. And the median was 16.10.

DHR's EV/EBITis ranked lower than
59% of the 1343 Companies
in the Global Diversified Industrials industry.

( Industry Median: 14.46 vs. DHR: 17.64 )

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt). Danaher Corp's enterprise value for the quarter that ended in Jun. 2015 was $60,299 Mil. Danaher Corp's earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2015 was $3,608 Mil. Danaher Corp's Earnings Yield (Joel Greenblatt) for the quarter that ended in Jun. 2015 was 5.98%.


Definition

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

EV/EBIT=Enterprise Value (Today)/Earnings Before Interest and Taxes (EBIT) (TTM)
=62471.768/3608.4
=17.31

Danaher Corp's current Enterprise Value is $62,472 Mil.
Danaher Corp's Earnings Before Interest and Taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2015 was 907.6 (Sep. 2014 ) + 990.9 (Dec. 2014 ) + 776.5 (Mar. 2015 ) + 933.4 (Jun. 2015 ) = $3,608 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).

Danaher Corp's Earnings Yield (Joel Greenblatt) for the quarter that ended in Jun. 2015 is calculated as:

Earnings Yield (Joel Greenblatt) (Q: Jun. 2015 )=EBIT (TTM)/Enterprise Value (Q: Jun. 2015 )
=3608.4/60299.3102
=5.98 %

Danaher Corp's Enterprise Value for the quarter that ended in Jun. 2015 was $60,299 Mil.
Danaher Corp's Earnings Before Interest and Taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2015 was 907.6 (Sep. 2014 ) + 990.9 (Dec. 2014 ) + 776.5 (Mar. 2015 ) + 933.4 (Jun. 2015 ) = $3,608 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.

Danaher Corp Annual Data

Dec05Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14
ev2ebit 14.0816.6617.9310.8116.4713.7314.3613.3114.6416.90

Danaher Corp Quarterly Data

Mar13Jun13Sep13Dec13Mar14Jun14Sep14Dec14Mar15Jun15
ev2ebit 14.9915.0116.0614.6416.7217.1414.1716.9016.910.00
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