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Enterprise Products Partners LP (NYSE:EPD)
EV/EBIT
21.67 (As of Today)

EV/EBIT ratio is calculated as enterprise value divided by its Earnings Before Interest and Taxes (EBIT). As of today, Enterprise Products Partners LP's enterprise value is $76,826 Mil. Enterprise Products Partners LP's earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2015 was $3,545 Mil. Therefore, Enterprise Products Partners LP's EV/EBIT ratio for today is 21.67.

EPD' s 10-Year EV/EBIT Range
Min: 8.7   Max: 40.5
Current: 21.72

8.7
40.5

During the past 13 years, the highest EV/EBIT Ratio of Enterprise Products Partners LP was 40.50. The lowest was 8.70. And the median was 22.20.

EPD's EV/EBITis ranked lower than
56% of the 91 Companies
in the Global Oil & Gas Midstream industry.

( Industry Median: 20.87 vs. EPD: 21.72 )

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt). Enterprise Products Partners LP's enterprise value for the quarter that ended in Jun. 2015 was $81,504 Mil. Enterprise Products Partners LP's earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2015 was $3,545 Mil. Enterprise Products Partners LP's Earnings Yield (Joel Greenblatt) for the quarter that ended in Jun. 2015 was 4.35%.


Definition

Enterprise Products Partners LP's EV/EBIT for today is calculated as:

EV/EBIT=Enterprise Value (Today)/Earnings Before Interest and Taxes (EBIT) (TTM)
=76825.985/3545.4
=21.67

Enterprise Products Partners LP's current Enterprise Value is $76,826 Mil.
Enterprise Products Partners LP's Earnings Before Interest and Taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2015 was 936.7 (Sep. 2014 ) + 923.1 (Dec. 2014 ) + 896.5 (Mar. 2015 ) + 789.1 (Jun. 2015 ) = $3,545 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).

Enterprise Products Partners LP's Earnings Yield (Joel Greenblatt) for the quarter that ended in Jun. 2015 is calculated as:

Earnings Yield (Joel Greenblatt) (Q: Jun. 2015 )=EBIT (TTM)/Enterprise Value (Q: Jun. 2015 )
=3545.4/81504.2394
=4.35 %

Enterprise Products Partners LP's Enterprise Value for the quarter that ended in Jun. 2015 was $81,504 Mil.
Enterprise Products Partners LP's Earnings Before Interest and Taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2015 was 936.7 (Sep. 2014 ) + 923.1 (Dec. 2014 ) + 896.5 (Mar. 2015 ) + 789.1 (Jun. 2015 ) = $3,545 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.

Enterprise Products Partners LP Annual Data

Dec05Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14
ev2ebit 21.3320.6623.6113.4316.8622.8819.4519.3022.9524.59

Enterprise Products Partners LP Quarterly Data

Mar13Jun13Sep13Dec13Mar14Jun14Sep14Dec14Mar15Jun15
ev2ebit 21.4322.1721.9822.9523.3225.1425.0924.5923.9522.99
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