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Exceed Co Ltd (NAS:EDS)
EV/EBIT
-1.13 (As of Today)

EV/EBIT ratio is calculated as enterprise value divided by its EBIT. As of today, Exceed Co Ltd's enterprise value is $-17.4 Mil. Exceed Co Ltd's operating income for the trailing twelve months (TTM) ended in Dec. 2013 was $15.5 Mil. Therefore, Exceed Co Ltd's EV/EBIT ratio for today is -1.13.

EDS' s 10-Year EV/EBIT Range
Min: 0.1   Max: 6.3
Current: -1.13

0.1
6.3

During the past 8 years, the highest EV/EBIT Ratio of Exceed Co Ltd was 6.30. The lowest was 0.10. And the median was 1.60.

EDS's EV/EBITis ranked lower than
57% of the 803 Companies
in the Global Apparel Manufacturing industry.

( Industry Median: 18.31 vs. EDS: -1.13 )

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt). Exceed Co Ltd's enterprise value for the quarter that ended in Dec. 2013 was $-16.1 Mil. Exceed Co Ltd's Operating Income for the trailing twelve months (TTM) ended in Dec. 2013 was $15.5 Mil. Exceed Co Ltd's Earnings Yield (Joel Greenblatt) for the quarter that ended in Dec. 2013 was 0.00%.


Definition

Exceed Co Ltd's EV/EBIT for today is calculated as:

EV/EBIT=Enterprise Value (Today)/Operating Income (TTM)
=-17.414/15.4711327692
=-1.13

Exceed Co Ltd's current Enterprise Value is $-17.4 Mil.
Exceed Co Ltd's Operating Income for the trailing twelve months (TTM) ended in Dec. 2013 was 2.43323634012 (Mar. 2013 ) + 3.68356700359 (Jun. 2013 ) + 4.13370473538 (Sep. 2013 ) + 5.22062469013 (Dec. 2013 ) = $15.5 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).

Exceed Co Ltd'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 )
=15.4711327692/-16.067584201
= %

Exceed Co Ltd's Enterprise Value for the quarter that ended in Dec. 2013 was $-16.1 Mil.
Exceed Co Ltd's Operating Income for the trailing twelve months (TTM) ended in Dec. 2013 was 2.43323634012 (Mar. 2013 ) + 3.68356700359 (Jun. 2013 ) + 4.13370473538 (Sep. 2013 ) + 5.22062469013 (Dec. 2013 ) = $15.5 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.

Exceed Co Ltd Annual Data

Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13
ev2ebit 0.000.000.000.002.184.271.58-0.11-1.59-1.04

Exceed Co Ltd Quarterly Data

Sep11Dec11Mar12Jun12Sep12Dec12Mar13Jun13Sep13Dec13
ev2ebit -0.36-0.11-0.80-0.79-1.22-1.59-7.23-7.31-3.48-1.04
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