Switch to:
HCP Inc (NYSE:HCP)
EV/EBIT
33.75 (As of Today)

EV/EBIT ratio is calculated as enterprise value divided by its Earnings Before Interest and Taxes (EBIT). As of today, HCP Inc's enterprise value is $24,643 Mil. HCP Inc's earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2015 was $730 Mil. Therefore, HCP Inc's EV/EBIT ratio for today is 33.75.

HCP' s EV/EBIT Range Over the Past 10 Years
Min: -352.8   Max: 291.7
Current: 33.52

-352.8
291.7

During the past 13 years, the highest EV/EBIT Ratio of HCP Inc was 291.70. The lowest was -352.80. And the median was 27.10.

HCP's EV/EBIT is ranked lower than
80% of the 823 Companies
in the Global REIT - Healthcare Facilities industry.

( Industry Median: 20.49 vs. HCP: 33.52 )

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt). HCP Inc's enterprise value for the quarter that ended in Sep. 2015 was $28,617 Mil. HCP Inc's earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2015 was $730 Mil. HCP Inc's Earnings Yield (Joel Greenblatt) for the quarter that ended in Sep. 2015 was 2.55%.


Definition

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

EV/EBIT=Enterprise Value (Today)/Earnings Before Interest and Taxes (EBIT) (TTM)
=24642.691/730.224
=33.75

HCP Inc's current Enterprise Value is $24,643 Mil.
HCP Inc's Earnings Before Interest and Taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2015 was 337.758 (Dec. 2014 ) + -134.401 (Mar. 2015 ) + 269.816 (Jun. 2015 ) + 257.051 (Sep. 2015 ) = $730 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).

HCP Inc's Earnings Yield (Joel Greenblatt) for the quarter that ended in Sep. 2015 is calculated as:

Earnings Yield (Joel Greenblatt) (Q: Sep. 2015 )=EBIT (TTM)/Enterprise Value (Q: Sep. 2015 )
=730.224/28617.477
=2.55 %

HCP Inc's Enterprise Value for the quarter that ended in Sep. 2015 was $28,617 Mil.
HCP Inc's Earnings Before Interest and Taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2015 was 337.758 (Dec. 2014 ) + -134.401 (Mar. 2015 ) + 269.816 (Jun. 2015 ) + 257.051 (Sep. 2015 ) = $730 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.

HCP Inc Annual Data

Dec05Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14
ev2ebit 62.82221.6324.7622.7137.4426.5327.1624.8519.5522.56

HCP Inc Quarterly Data

Jun13Sep13Dec13Mar14Jun14Sep14Dec14Mar15Jun15Sep15
ev2ebit 24.0321.5319.5520.4821.4720.8522.5634.4934.2439.19
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)

GuruFocus Premium Plus Membership

FEEDBACK