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International Game Technology PLC (NYSE:IGT)
EV/EBIT
8.59 (As of Today)

EV/EBIT ratio is calculated as enterprise value divided by its Earnings Before Interest and Taxes (EBIT). As of today, International Game Technology PLC's enterprise value is $6,527 Mil. International Game Technology PLC's earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2014 was $760 Mil. Therefore, International Game Technology PLC's EV/EBIT ratio for today is 8.59.

IGT' s 10-Year EV/EBIT Range
Min: 0   Max: 0
Current: 10.82

IGT's EV/EBITis ranked higher than
78% of the 576 Companies
in the Global Gambling industry.

( Industry Median: 17.93 vs. IGT: 10.82 )

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt). International Game Technology PLC's enterprise value for the quarter that ended in Sep. 2014 was $7,675 Mil. International Game Technology PLC's earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2014 was $760 Mil. International Game Technology PLC's Earnings Yield (Joel Greenblatt) for the quarter that ended in Sep. 2014 was 9.90%.


Definition

International Game Technology PLC's EV/EBIT for today is calculated as:

EV/EBIT=Enterprise Value (Today)/Earnings Before Interest and Taxes (EBIT) (TTM)
=6527.240/759.910612786
=8.59

International Game Technology PLC's current Enterprise Value is $6,527 Mil.
International Game Technology PLC's Earnings Before Interest and Taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2014 was 135.854595336 (Dec. 2013 ) + 247.24757953 (Mar. 2014 ) + 206.483695652 (Jun. 2014 ) + 170.324742268 (Sep. 2014 ) = $760 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).

International Game Technology PLC's Earnings Yield (Joel Greenblatt) for the quarter that ended in Sep. 2014 is calculated as:

Earnings Yield (Joel Greenblatt) (Q: Sep. 2014 )=EBIT (TTM)/Enterprise Value (Q: Sep. 2014 )
=759.910612786/7675.25036907
=9.90 %

International Game Technology PLC's Enterprise Value for the quarter that ended in Sep. 2014 was $7,675 Mil.
International Game Technology PLC's Earnings Before Interest and Taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2014 was 135.854595336 (Dec. 2013 ) + 247.24757953 (Mar. 2014 ) + 206.483695652 (Jun. 2014 ) + 170.324742268 (Sep. 2014 ) = $760 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.

International Game Technology PLC Annual Data

Dec04Dec05Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13
ev2ebit 0.000.000.000.000.0013.8117.0511.0510.5412.32

International Game Technology PLC Quarterly Data

Jun12Sep12Dec12Mar13Jun13Sep13Dec13Mar14Jun14Sep14
ev2ebit 9.4510.7610.5410.6110.8811.3312.3212.2211.1310.62
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