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Esterline Technologies (NYSE:ESL)
EV/EBIT
25.27 (As of Today)

EV/EBIT ratio is calculated as enterprise value divided by its Earnings Before Interest and Taxes (EBIT). As of today, Esterline Technologies's enterprise value is $3,064 Mil. Esterline Technologies's earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jul. 2015 was $121 Mil. Therefore, Esterline Technologies's EV/EBIT ratio for today is 25.27.

ESL' s EV/EBIT Range Over the Past 10 Years
Min: 5.9   Max: 32.4
Current: 19.02

5.9
32.4

During the past 13 years, the highest EV/EBIT Ratio of Esterline Technologies was 32.40. The lowest was 5.90. And the median was 13.90.

ESL's EV/EBIT is ranked lower than
53% of the 258 Companies
in the Global Aerospace & Defense industry.

( Industry Median: 13.95 vs. ESL: 19.02 )

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt). Esterline Technologies's enterprise value for the quarter that ended in Jul. 2015 was $3,354 Mil. Esterline Technologies's earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jul. 2015 was $121 Mil. Esterline Technologies's Earnings Yield (Joel Greenblatt) for the quarter that ended in Jul. 2015 was 3.61%.


Definition

Esterline Technologies's EV/EBIT for today is calculated as:

EV/EBIT=Enterprise Value (Today)/Earnings Before Interest and Taxes (EBIT) (TTM)
=3063.735/121.218
=25.27

Esterline Technologies's current Enterprise Value is $3,064 Mil.
Esterline Technologies's Earnings Before Interest and Taxes (EBIT) for the trailing twelve months (TTM) ended in Jul. 2015 was 0 (Oct. 2014 ) + 39.112 (Jan. 2015 ) + 34.782 (Apr. 2015 ) + 47.324 (Jul. 2015 ) = $121 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).

Esterline Technologies's Earnings Yield (Joel Greenblatt) for the quarter that ended in Jul. 2015 is calculated as:

Earnings Yield (Joel Greenblatt) (Q: Jul. 2015 )=EBIT (TTM)/Enterprise Value (Q: Jul. 2015 )
=121.218/3354.3008
=3.61 %

Esterline Technologies's Enterprise Value for the quarter that ended in Jul. 2015 was $3,354 Mil.
Esterline Technologies's Earnings Before Interest and Taxes (EBIT) for the trailing twelve months (TTM) ended in Jul. 2015 was 0 (Oct. 2014 ) + 39.112 (Jan. 2015 ) + 34.782 (Apr. 2015 ) + 47.324 (Jul. 2015 ) = $121 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.

Esterline Technologies Annual Data

Oct04Oct05Oct06Oct07Oct08Oct09Oct10Oct11Oct12Oct13
ev2ebit 19.4214.7913.2813.317.6310.9610.7712.9513.0812.35

Esterline Technologies Quarterly Data

Jul13Oct13Jan14Apr14Jul14Oct14Jan15Apr15Jul15Dec15
ev2ebit 13.7212.3514.5715.0514.3724.1026.1930.9127.670.00
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