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Goldcorp Inc (NYSE:GG)
EV/EBIT
53.93 (As of Today)

EV/EBIT ratio is calculated as enterprise value divided by its EBIT. As of today, Goldcorp Inc's enterprise value is $17,689 Mil. Goldcorp Inc's operating income for the trailing twelve months (TTM) ended in Sep. 2014 was $328 Mil. Therefore, Goldcorp Inc's EV/EBIT ratio for today is 53.93.

GG' s 10-Year EV/EBIT Range
Min: -28.8   Max: 91
Current: 55.96

-28.8
91

During the past 13 years, the highest EV/EBIT Ratio of Goldcorp Inc was 91.00. The lowest was -28.80. And the median was 22.75.

GG's EV/EBITis ranked higher than
89% of the 2662 Companies
in the Global Gold industry.

( Industry Median: 9999.00 vs. GG: 55.96 )

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt). Goldcorp Inc's enterprise value for the quarter that ended in Sep. 2014 was $21,555 Mil. Goldcorp Inc's Operating Income for the trailing twelve months (TTM) ended in Sep. 2014 was $328 Mil. Goldcorp Inc's Earnings Yield (Joel Greenblatt) for the quarter that ended in Sep. 2014 was 1.52%.


Definition

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

EV/EBIT=Enterprise Value (Today)/Operating Income (TTM)
=17688.920/328
=53.93

Goldcorp Inc's current Enterprise Value is $17,689 Mil.
Goldcorp Inc's Operating Income for the trailing twelve months (TTM) ended in Sep. 2014 was -153 (Dec. 2013 ) + 207 (Mar. 2014 ) + 216 (Jun. 2014 ) + 58 (Sep. 2014 ) = $328 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 Sep. 2014 is calculated as:

Earnings Yield (Joel Greenblatt) (Q: Sep. 2014 )=Operating Income (TTM)/Enterprise Value (Q: Sep. 2014 )
=328/21555.42
=1.52 %

Goldcorp Inc's Enterprise Value for the quarter that ended in Sep. 2014 was $21,555 Mil.
Goldcorp Inc's Operating Income for the trailing twelve months (TTM) ended in Sep. 2014 was -153 (Dec. 2013 ) + 207 (Mar. 2014 ) + 216 (Jun. 2014 ) + 58 (Sep. 2014 ) = $328 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.

Goldcorp Inc Annual Data

Dec04Dec05Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13
ev2ebit 27.9620.1146.3938.3352.6732.8524.6616.0513.79-8.85

Goldcorp Inc Quarterly Data

Jun12Sep12Dec12Mar13Jun13Sep13Dec13Mar14Jun14Sep14
ev2ebit 14.6816.6513.7914.34-23.32-13.99-8.85-9.9486.5066.50
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