Switch to:
Enbridge Energy Partners LP (NYSE:EEP)
EV/EBIT
32.30 (As of Today)

EV/EBIT ratio is calculated as enterprise value divided by its EBIT. As of today, Enbridge Energy Partners LP's enterprise value is $14,188 Mil. Enbridge Energy Partners LP's operating income for the trailing twelve months (TTM) ended in Dec. 2013 was $440 Mil. Therefore, Enbridge Energy Partners LP's EV/EBIT ratio for today is 32.30.

EEP' s 10-Year EV/EBIT Range
Min: 9.7   Max: 103.5
Current: 32.3

9.7
103.5

During the past 13 years, the highest EV/EBIT Ratio of Enbridge Energy Partners LP was 103.50. The lowest was 9.70. And the median was 19.20.

EEP's EV/EBITis ranked lower than
60% of the 121 Companies
in the Global Oil & Gas Midstream industry.

( Industry Median: 26.34 vs. EEP: 32.30 )

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. 2013 was $14,381 Mil. Enbridge Energy Partners LP's Operating Income for the trailing twelve months (TTM) ended in Dec. 2013 was $440 Mil. Enbridge Energy Partners LP's Earnings Yield (Joel Greenblatt) for the quarter that ended in Dec. 2013 was 3.06%.


Definition

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

EV/EBIT=Enterprise Value (Today)/Operating Income (TTM)
=14188.463/440.4
=32.22

Enbridge Energy Partners LP's current Enterprise Value is $14,188 Mil.
Enbridge Energy Partners LP's Operating Income for the trailing twelve months (TTM) ended in Dec. 2013 was 2.4 (Mar. 2013 ) + 209 (Jun. 2013 ) + 123.6 (Sep. 2013 ) + 105.4 (Dec. 2013 ) = $440 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. 2013 is calculated as:

Earnings Yield (Joel Greenblatt) (Q: Dec. 2013 )=Operating Income (TTM)/Enterprise Value (Q: Dec. 2013 )
=440.4/14381.4527
=3.06 %

Enbridge Energy Partners LP's Enterprise Value for the quarter that ended in Dec. 2013 was $14,381 Mil.
Enbridge Energy Partners LP's Operating Income for the trailing twelve months (TTM) ended in Dec. 2013 was 2.4 (Mar. 2013 ) + 209 (Jun. 2013 ) + 123.6 (Sep. 2013 ) + 105.4 (Dec. 2013 ) = $440 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.

Enbridge Energy Partners LP Annual Data

Dec04Dec05Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13
ev2ebit 19.1819.1711.3218.088.5415.1799.4514.7616.4932.66

Enbridge Energy Partners LP Quarterly Data

Sep11Dec11Mar12Jun12Sep12Dec12Mar13Jun13Sep13Dec13
ev2ebit 17.9914.7614.4515.3213.9916.4923.2222.4027.4932.66
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
Hide