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Ebix Inc (NAS:EBIX)
EV/EBIT
7.46 (As of Today)

EV/EBIT ratio is calculated as enterprise value divided by its EBIT. As of today, Ebix Inc's enterprise value is $551.3 Mil. Ebix Inc's operating income for the trailing twelve months (TTM) ended in Jun. 2014 was $73.3 Mil. Therefore, Ebix Inc's EV/EBIT ratio for today is 7.46.

EBIX' s 10-Year EV/EBIT Range
Min: 5   Max: 26.4
Current: 7.46

5
26.4

During the past 13 years, the highest EV/EBIT Ratio of Ebix Inc was 26.40. The lowest was 5.00. And the median was 13.50.

EBIX's EV/EBITis ranked higher than
92% of the 1856 Companies
in the Global Software - Application industry.

( Industry Median: 33.78 vs. EBIX: 7.46 )

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt). Ebix Inc's enterprise value for the quarter that ended in Jun. 2014 was $548.2 Mil. Ebix Inc's Operating Income for the trailing twelve months (TTM) ended in Jun. 2014 was $73.3 Mil. Ebix Inc's Earnings Yield (Joel Greenblatt) for the quarter that ended in Jun. 2014 was 13.37%.


Definition

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

EV/EBIT=Enterprise Value (Today)/Operating Income (TTM)
=551.324/73.273
=7.52

Ebix Inc's current Enterprise Value is $551.3 Mil.
Ebix Inc's Operating Income for the trailing twelve months (TTM) ended in Jun. 2014 was 18.601 (Sep. 2013 ) + 17.806 (Dec. 2013 ) + 19.405 (Mar. 2014 ) + 17.461 (Jun. 2014 ) = $73.3 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).

Ebix 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 )
=73.273/548.2176
=13.37 %

Ebix Inc's Enterprise Value for the quarter that ended in Jun. 2014 was $548.2 Mil.
Ebix Inc's Operating Income for the trailing twelve months (TTM) ended in Jun. 2014 was 18.601 (Sep. 2013 ) + 17.806 (Dec. 2013 ) + 19.405 (Mar. 2014 ) + 17.461 (Jun. 2014 ) = $73.3 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.

Ebix Inc Annual Data

Dec04Dec05Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13
ev2ebit 18.7110.8112.5817.769.5415.0816.3412.018.337.44

Ebix Inc Quarterly Data

Mar12Jun12Sep12Dec12Mar13Jun13Sep13Dec13Mar14Jun14
ev2ebit 11.9811.3312.978.338.154.745.147.448.657.48
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