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Ensco PLC (NYSE:ESV)
EV/EBIT
-4.59 (As of Today)

EV/EBIT ratio is calculated as enterprise value divided by its Earnings Before Interest and Taxes (EBIT). As of today, Ensco PLC's enterprise value is \$5,867 Mil. Ensco PLC's earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2016 was \$-1,278 Mil. Therefore, Ensco PLC's EV/EBIT ratio for today is -4.59.

During the past 13 years, the highest EV/EBIT Ratio of Ensco PLC was 22.80. The lowest was -7.40. And the median was 7.80.

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt). Ensco PLC's enterprise value for the quarter that ended in Sep. 2016 was \$5,509 Mil. Ensco PLC's earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2016 was \$-1,278 Mil. Ensco PLC's Earnings Yield (Joel Greenblatt) for the quarter that ended in Sep. 2016 was -23.20%.

Definition

Ensco PLC's EV/EBIT for today is calculated as:

 EV/EBIT = Enterprise Value (Today) / Earnings Before Interest and Taxes (EBIT) (TTM) = 5866.633 / -1277.8 = -4.59

Ensco PLC's current Enterprise Value is \$5,867 Mil.
Ensco PLC's Earnings Before Interest and Taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2016 was -2413.3 (Dec. 2015 ) + 314.1 (Mar. 2016 ) + 683.5 (Jun. 2016 ) + 137.9 (Sep. 2016 ) = \$-1,278 Mil.

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's 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).

Ensco PLC's Earnings Yield (Joel Greenblatt) for the quarter that ended in Sep. 2016 is calculated as:

 Earnings Yield (Joel Greenblatt) (Q: Sep. 2016 ) = EBIT (TTM) / Enterprise Value (Q: Sep. 2016 ) = -1277.8 / 5508.8 = -23.20 %

Ensco PLC's Enterprise Value for the quarter that ended in Sep. 2016 was \$5,509 Mil.
Ensco PLC's Earnings Before Interest and Taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2016 was -2413.3 (Dec. 2015 ) + 314.1 (Mar. 2016 ) + 683.5 (Jun. 2016 ) + 137.9 (Sep. 2016 ) = \$-1,278 Mil.

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

Related Terms

Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

Ensco PLC Annual Data

 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 ev2ebit 7.39 6.84 2.54 5.10 10.15 17.82 11.23 9.87 -4.80 -7.19

Ensco PLC Quarterly Data

 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 ev2ebit 21.92 16.63 -4.80 -4.08 -7.10 -5.26 -7.19 -5.31 -5.98 -4.31
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