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Halliburton Co (NYSE:HAL)
EV/EBIT
16.02 (As of Today)

EV/EBIT ratio is calculated as enterprise value divided by its EBIT. As of today, Halliburton Co's enterprise value is $67,260 Mil. Halliburton Co's operating income for the trailing twelve months (TTM) ended in Mar. 2014 was $4,206 Mil. Therefore, Halliburton Co's EV/EBIT ratio for today is 16.02.

HAL' s 10-Year EV/EBIT Range
Min: 3.6   Max: 31.3
Current: 16.02

3.6
31.3

During the past 13 years, the highest EV/EBIT Ratio of Halliburton Co was 31.30. The lowest was 3.60. And the median was 13.00.

HAL's EV/EBITis ranked higher than
83% of the 489 Companies
in the Global Oil & Gas Equipment & Services industry.

( Industry Median: 19.08 vs. HAL: 16.02 )

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt). Halliburton Co's enterprise value for the quarter that ended in Mar. 2014 was $55,828 Mil. Halliburton Co's Operating Income for the trailing twelve months (TTM) ended in Mar. 2014 was $4,206 Mil. Halliburton Co's Earnings Yield (Joel Greenblatt) for the quarter that ended in Mar. 2014 was 7.54%.


Definition

Halliburton Co's EV/EBIT for today is calculated as:

EV/EBIT=Enterprise Value (Today)/Operating Income (TTM)
=67260.120/4206
=15.99

Halliburton Co's current Enterprise Value is $67,260 Mil.
Halliburton Co's Operating Income for the trailing twelve months (TTM) ended in Mar. 2014 was 984 (Jun. 2013 ) + 1108 (Sep. 2013 ) + 1144 (Dec. 2013 ) + 970 (Mar. 2014 ) = $4,206 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).

Halliburton Co's Earnings Yield (Joel Greenblatt) for the quarter that ended in Mar. 2014 is calculated as:

Earnings Yield (Joel Greenblatt) (Q: Mar. 2014 )=Operating Income (TTM)/Enterprise Value (Q: Mar. 2014 )
=4206/55827.7343
=7.53 %

Halliburton Co's Enterprise Value for the quarter that ended in Mar. 2014 was $55,828 Mil.
Halliburton Co's Operating Income for the trailing twelve months (TTM) ended in Mar. 2014 was 984 (Jun. 2013 ) + 1108 (Sep. 2013 ) + 1144 (Dec. 2013 ) + 970 (Mar. 2014 ) = $4,206 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.

Halliburton Co Annual Data

Dec04Dec05Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13
ev2ebit 22.6815.119.609.724.4314.2212.947.168.3215.47

Halliburton Co Quarterly Data

Mar12Jun12Sep12Dec12Mar13Jun13Sep13Dec13Mar14Jun14
ev2ebit 6.645.817.398.3213.3114.7115.8415.4713.270.00
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