Switch to:
DaVita HealthCare Partners Inc (NYSE:DVA)
EV/EBIT
13.17 (As of Today)

EV/EBIT ratio is calculated as enterprise value divided by its EBIT. As of today, DaVita HealthCare Partners Inc's enterprise value is $23,505 Mil. DaVita HealthCare Partners Inc's operating income for the trailing twelve months (TTM) ended in Jun. 2014 was $1,787 Mil. Therefore, DaVita HealthCare Partners Inc's EV/EBIT ratio for today is 13.17.

DVA' s 10-Year EV/EBIT Range
Min: 9.1   Max: 21.5
Current: 13.17

9.1
21.5

During the past 13 years, the highest EV/EBIT Ratio of DaVita HealthCare Partners Inc was 21.50. The lowest was 9.10. And the median was 11.30.

DVA's EV/EBITis ranked higher than
89% of the 259 Companies
in the Global Medical Care industry.

( Industry Median: 26.63 vs. DVA: 13.17 )

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt). DaVita HealthCare Partners Inc's enterprise value for the quarter that ended in Jun. 2014 was $23,112 Mil. DaVita HealthCare Partners Inc's Operating Income for the trailing twelve months (TTM) ended in Jun. 2014 was $1,787 Mil. DaVita HealthCare Partners Inc's Earnings Yield (Joel Greenblatt) for the quarter that ended in Jun. 2014 was 7.73%.


Definition

DaVita HealthCare Partners Inc's EV/EBIT for today is calculated as:

EV/EBIT=Enterprise Value (Today)/Operating Income (TTM)
=23505.459/1786.773
=13.16

DaVita HealthCare Partners Inc's current Enterprise Value is $23,505 Mil.
DaVita HealthCare Partners Inc's Operating Income for the trailing twelve months (TTM) ended in Jun. 2014 was 377.074 (Sep. 2013 ) + 484.179 (Dec. 2013 ) + 441.225 (Mar. 2014 ) + 484.295 (Jun. 2014 ) = $1,787 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).

DaVita HealthCare Partners Inc's Earnings Yield (Joel Greenblatt) for the quarter that ended in Jun. 2014 is calculated as:

Earnings Yield (Joel Greenblatt) (Q: Jun. 2014 )=Operating Income (TTM)/Enterprise Value (Q: Jun. 2014 )
=1786.773/23111.701
=7.73 %

DaVita HealthCare Partners Inc's Enterprise Value for the quarter that ended in Jun. 2014 was $23,112 Mil.
DaVita HealthCare Partners Inc's Operating Income for the trailing twelve months (TTM) ended in Jun. 2014 was 377.074 (Sep. 2013 ) + 484.179 (Dec. 2013 ) + 441.225 (Mar. 2014 ) + 484.295 (Jun. 2014 ) = $1,787 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.

DaVita HealthCare Partners Inc Annual Data

Dec04Dec05Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13
ev2ebit 12.2819.2612.8210.8810.429.8010.1910.0015.3013.62

DaVita HealthCare Partners Inc Quarterly Data

Mar12Jun12Sep12Dec12Mar13Jun13Sep13Dec13Mar14Jun14
ev2ebit 10.3911.1912.3915.3017.9214.7113.5713.6212.1512.93
Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)
Free 7-day Trial
FEEDBACK