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IDEX Corp (NYSE:IEX)
EV/EBIT
18.92 (As of Today)

EV/EBIT ratio is calculated as enterprise value divided by its Earnings Before Interest and Taxes (EBIT). As of today, IDEX Corp's enterprise value is $8,101 Mil. IDEX Corp's earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2016 was $428 Mil. Therefore, IDEX Corp's EV/EBIT ratio for today is 18.92.

IEX' s EV/EBIT Range Over the Past 10 Years
Min: 7.7   Max: 37.6
Current: 18.92

7.7
37.6

During the past 13 years, the highest EV/EBIT Ratio of IDEX Corp was 37.60. The lowest was 7.70. And the median was 14.20.

IEX's EV/EBIT is ranked lower than
59% of the 1423 Companies
in the Global Diversified Industrials industry.

( Industry Median: 15.52 vs. IEX: 18.92 )

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt). IDEX Corp's enterprise value for the quarter that ended in Sep. 2016 was $8,000 Mil. IDEX Corp's earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2016 was $428 Mil. IDEX Corp's Earnings Yield (Joel Greenblatt) for the quarter that ended in Sep. 2016 was 5.35%.


Definition

IDEX Corp's EV/EBIT for today is calculated as:

EV/EBIT=Enterprise Value (Today)/Earnings Before Interest and Taxes (EBIT) (TTM)
=8101.355/428.285
=18.92

IDEX Corp's current Enterprise Value is $8,101 Mil.
IDEX Corp's Earnings Before Interest and Taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2016 was 98.913 (Dec. 2015 ) + 103.301 (Mar. 2016 ) + 114.85 (Jun. 2016 ) + 111.221 (Sep. 2016 ) = $428 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).

IDEX Corp'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 )
=428.285/7999.8303
=5.35 %

IDEX Corp's Enterprise Value for the quarter that ended in Sep. 2016 was $8,000 Mil.
IDEX Corp's Earnings Before Interest and Taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2016 was 98.913 (Dec. 2015 ) + 103.301 (Mar. 2016 ) + 114.85 (Jun. 2016 ) + 111.221 (Sep. 2016 ) = $428 Mil.

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

IDEX Corp Annual Data

Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14Dec15
ev2ebit 12.9812.7611.7915.3214.1212.0933.6116.0114.9214.69

IDEX Corp Quarterly Data

Jun14Sep14Dec14Mar15Jun15Sep15Dec15Mar16Jun16Sep16
ev2ebit 15.9713.8114.9215.0015.8713.9814.6916.2415.8118.68
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