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Enbridge Energy Partners LP (NYSE:EEP)
EV/EBIT
28.05 (As of Today)

EV/EBIT ratio is calculated as enterprise value divided by its Earnings Before Interest and Taxes (EBIT). As of today, Enbridge Energy Partners LP's enterprise value is $21,101 Mil. Enbridge Energy Partners LP's earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2015 was $752 Mil. Therefore, Enbridge Energy Partners LP's EV/EBIT ratio for today is 28.05.

EEP' s EV/EBIT Range Over the Past 10 Years
Min: 10   Max: 92.6
Current: 28.05

10
92.6

During the past 13 years, the highest EV/EBIT Ratio of Enbridge Energy Partners LP was 92.60. The lowest was 10.00. And the median was 19.70.

EEP's EV/EBIT is ranked lower than
69% of the 86 Companies
in the Global Oil & Gas Midstream industry.

( Industry Median: 19.95 vs. EEP: 28.05 )

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt). Enbridge Energy Partners LP's enterprise value for the quarter that ended in Dec. 2015 was $21,730 Mil. Enbridge Energy Partners LP's earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2015 was $752 Mil. Enbridge Energy Partners LP's Earnings Yield (Joel Greenblatt) for the quarter that ended in Dec. 2015 was 3.46%.


Definition

Enbridge Energy Partners LP's EV/EBIT for today is calculated as:

EV/EBIT=Enterprise Value (Today)/Earnings Before Interest and Taxes (EBIT) (TTM)
=21101.059/752.3
=28.05

Enbridge Energy Partners LP's current Enterprise Value is $21,101 Mil.
Enbridge Energy Partners LP's Earnings Before Interest and Taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2015 was 239.6 (Mar. 2015 ) + 13.7 (Jun. 2015 ) + 277.3 (Sep. 2015 ) + 221.7 (Dec. 2015 ) = $752 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).

Enbridge Energy Partners LP's Earnings Yield (Joel Greenblatt) for the quarter that ended in Dec. 2015 is calculated as:

Earnings Yield (Joel Greenblatt) (Q: Dec. 2015 )=EBIT (TTM)/Enterprise Value (Q: Dec. 2015 )
=752.3/21729.6478
=3.46 %

Enbridge Energy Partners LP's Enterprise Value for the quarter that ended in Dec. 2015 was $21,730 Mil.
Enbridge Energy Partners LP's Earnings Before Interest and Taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2015 was 239.6 (Mar. 2015 ) + 13.7 (Jun. 2015 ) + 277.3 (Sep. 2015 ) + 221.7 (Dec. 2015 ) = $752 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.

Enbridge Energy Partners LP Annual Data

Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14Dec15
ev2ebit 11.3217.928.5214.8587.4314.6616.3133.1522.8728.88

Enbridge Energy Partners LP Quarterly Data

Sep13Dec13Mar14Jun14Sep14Dec14Mar15Jun15Sep15Dec15
ev2ebit 30.9533.1522.9429.5029.8822.8721.8725.2521.5528.88
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