Switch to:
Goldcorp Inc (NYSE:GG)
EV/EBIT
-3.31 (As of Today)

EV/EBIT ratio is calculated as enterprise value divided by its Earnings Before Interest and Taxes (EBIT). As of today, Goldcorp Inc's enterprise value is $16,734 Mil. Goldcorp Inc's earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2016 was $-5,062 Mil. Therefore, Goldcorp Inc's EV/EBIT ratio for today is -3.31.

During the past 13 years, the highest EV/EBIT Ratio of Goldcorp Inc was 145.60. The lowest was -27.50. And the median was 16.60.

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt). Goldcorp Inc's enterprise value for the quarter that ended in Jun. 2016 was $19,026 Mil. Goldcorp Inc's earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2016 was $-5,062 Mil. Goldcorp Inc's Earnings Yield (Joel Greenblatt) for the quarter that ended in Jun. 2016 was -26.61%.


Definition

Goldcorp Inc's EV/EBIT for today is calculated as:

EV/EBIT=Enterprise Value (Today)/Earnings Before Interest and Taxes (EBIT) (TTM)
=16733.790/-5062
=-3.31

Goldcorp Inc's current Enterprise Value is $16,734 Mil.
Goldcorp Inc's Earnings Before Interest and Taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2016 was -21 (Sep. 2015 ) + -5104 (Dec. 2015 ) + 74 (Mar. 2016 ) + -11 (Jun. 2016 ) = $-5,062 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).

Goldcorp Inc's Earnings Yield (Joel Greenblatt) for the quarter that ended in Jun. 2016 is calculated as:

Earnings Yield (Joel Greenblatt) (Q: Jun. 2016 )=EBIT (TTM)/Enterprise Value (Q: Jun. 2016 )
=-5062/19025.89
=-26.61 %

Goldcorp Inc's Enterprise Value for the quarter that ended in Jun. 2016 was $19,026 Mil.
Goldcorp Inc's Earnings Before Interest and Taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2016 was -21 (Sep. 2015 ) + -5104 (Dec. 2015 ) + 74 (Mar. 2016 ) + -11 (Jun. 2016 ) = $-5,062 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.

Goldcorp Inc Annual Data

Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14Dec15
ev2ebit 33.2137.6013.5049.4320.8013.9814.12-8.72-7.09-2.65

Goldcorp Inc Quarterly Data

Mar14Jun14Sep14Dec14Mar15Jun15Sep15Dec15Mar16Jun16
ev2ebit -9.53139.7998.89-7.09-7.40-7.29-6.06-2.65-3.37-3.54
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)
FEEDBACK