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International Game Technology PLC (NYSE:IGT)
EV/EBIT
52.82 (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 $11,232 Mil. International Game Technology PLC's earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2015 was $213 Mil. Therefore, International Game Technology PLC's EV/EBIT ratio for today is 52.82.

IGT' s EV/EBIT Range Over the Past 10 Years
Min: 8.5   Max: 56
Current: 52.78

8.5
56

During the past 13 years, the highest EV/EBIT Ratio of International Game Technology PLC was 56.00. The lowest was 8.50. And the median was 12.30.

IGT's EV/EBIT is ranked lower than
88% of the 636 Companies
in the Global Gambling industry.

( Industry Median: 16.52 vs. IGT: 52.78 )

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. 2015 was $11,275 Mil. International Game Technology PLC's earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2015 was $213 Mil. International Game Technology PLC's Earnings Yield (Joel Greenblatt) for the quarter that ended in Sep. 2015 was 1.89%.


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)
=11232.190/212.668
=52.82

International Game Technology PLC's current Enterprise Value is $11,232 Mil.
International Game Technology PLC's Earnings Before Interest and Taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2015 was 6.604 (Dec. 2014 ) + 40.206 (Mar. 2015 ) + 21.682 (Jun. 2015 ) + 144.176 (Sep. 2015 ) = $213 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. 2015 is calculated as:

Earnings Yield (Joel Greenblatt) (Q: Sep. 2015 )=EBIT (TTM)/Enterprise Value (Q: Sep. 2015 )
=212.668/11274.74525
=1.89 %

International Game Technology PLC's Enterprise Value for the quarter that ended in Sep. 2015 was $11,275 Mil.
International Game Technology PLC's Earnings Before Interest and Taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2015 was 6.604 (Dec. 2014 ) + 40.206 (Mar. 2015 ) + 21.682 (Jun. 2015 ) + 144.176 (Sep. 2015 ) = $213 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

Dec05Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14
ev2ebit 0.000.000.000.0014.5018.1710.6910.4512.5611.66

International Game Technology PLC Quarterly Data

Jun13Sep13Dec13Mar14Jun14Sep14Dec14Mar15Jun15Sep15
ev2ebit 11.0111.6912.5612.2711.6910.1811.6616.8047.2953.02
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