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Digirad Corporation (NAS:DRAD)
EV/EBIT
202.55 (As of Today)

EV/EBIT ratio is calculated as enterprise value divided by its EBIT. As of today, Digirad Corporation's enterprise value is $34.64 Mil. Digirad Corporation's operating income for the trailing twelve months (TTM) ended in Dec. 2013 was $0.17 Mil. Therefore, Digirad Corporation's EV/EBIT ratio for today is 202.55.

DRAD' s 10-Year EV/EBIT Range
Min: 70.8   Max: 1991.6
Current: 202.55

70.8
1991.6

During the past 13 years, the highest EV/EBIT Ratio of Digirad Corporation was 1991.60. The lowest was 70.80. And the median was 208.60.

DRAD's EV/EBITis ranked lower than
75% of the 291 Companies
in the Global Medical Devices industry.

( Industry Median: 20.80 vs. DRAD: 202.55 )

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt). Digirad Corporation's enterprise value for the quarter that ended in Dec. 2013 was $41.74 Mil. Digirad Corporation's Operating Income for the trailing twelve months (TTM) ended in Dec. 2013 was $0.17 Mil. Digirad Corporation's Earnings Yield (Joel Greenblatt) for the quarter that ended in Dec. 2013 was 0.41%.


Definition

Digirad Corporation's EV/EBIT for today is calculated as:

EV/EBIT=Enterprise Value (Today)/Operating Income (TTM)
=34.636/0.171
=202.55

Digirad Corporation's current Enterprise Value is $34.64 Mil.
Digirad Corporation's Operating Income for the trailing twelve months (TTM) ended in Dec. 2013 was -2.409 (Mar. 2013 ) + -0.632 (Jun. 2013 ) + 2.432 (Sep. 2013 ) + 0.78 (Dec. 2013 ) = $0.17 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).

Digirad Corporation's Earnings Yield (Joel Greenblatt) for the quarter that ended in Dec. 2013 is calculated as:

Earnings Yield (Joel Greenblatt) (Q: Dec. 2013 )=Operating Income (TTM)/Enterprise Value (Q: Dec. 2013 )
=0.171/41.737
=0.41 %

Digirad Corporation's Enterprise Value for the quarter that ended in Dec. 2013 was $41.74 Mil.
Digirad Corporation's Operating Income for the trailing twelve months (TTM) ended in Dec. 2013 was -2.409 (Mar. 2013 ) + -0.632 (Jun. 2013 ) + 2.432 (Sep. 2013 ) + 0.78 (Dec. 2013 ) = $0.17 Mil.

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


Related Terms

Enterprise Value, Operating Income, Earnings Yield (Joel Greenblatt)


Historical Data

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

Digirad Corporation Annual Data

Dec04Dec05Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13
ev2ebit 186.160.000.000.000.00120.660.000.000.00244.08

Digirad Corporation Quarterly Data

Sep11Dec11Mar12Jun12Sep12Dec12Mar13Jun13Sep13Dec13
ev2ebit 0.000.000.000.000.000.000.000.000.00244.08
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