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Kratos Defense & Security Solutions Inc (NAS:KTOS)
EV/EBIT
42.42 (As of Today)

EV/EBIT ratio is calculated as enterprise value divided by its EBIT. As of today, Kratos Defense & Security Solutions Inc's enterprise value is $1,015.3 Mil. Kratos Defense & Security Solutions Inc's operating income for the trailing twelve months (TTM) ended in Mar. 2014 was $23.7 Mil. Therefore, Kratos Defense & Security Solutions Inc's EV/EBIT ratio for today is 42.42.

KTOS' s 10-Year EV/EBIT Range
Min: 14   Max: 179
Current: 42.42

14
179

During the past 13 years, the highest EV/EBIT Ratio of Kratos Defense & Security Solutions Inc was 179.00. The lowest was 14.00. And the median was 30.05.

KTOS's EV/EBITis ranked higher than
53% of the 259 Companies
in the Global Security & Protection Services industry.

( Industry Median: 19.53 vs. KTOS: 42.42 )

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt). Kratos Defense & Security Solutions Inc's enterprise value for the quarter that ended in Mar. 2014 was $1,021.3 Mil. Kratos Defense & Security Solutions Inc's Operating Income for the trailing twelve months (TTM) ended in Mar. 2014 was $23.7 Mil. Kratos Defense & Security Solutions Inc's Earnings Yield (Joel Greenblatt) for the quarter that ended in Mar. 2014 was 2.32%.


Definition

Kratos Defense & Security Solutions Inc's EV/EBIT for today is calculated as:

EV/EBIT=Enterprise Value (Today)/Operating Income (TTM)
=1015.291/23.7
=42.84

Kratos Defense & Security Solutions Inc's current Enterprise Value is $1,015.3 Mil.
Kratos Defense & Security Solutions Inc's Operating Income for the trailing twelve months (TTM) ended in Mar. 2014 was 8.9 (Jun. 2013 ) + 6.1 (Sep. 2013 ) + 5.4 (Dec. 2013 ) + 3.3 (Mar. 2014 ) = $23.7 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).

Kratos Defense & Security Solutions Inc'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 )
=23.7/1021.3468
=2.32 %

Kratos Defense & Security Solutions Inc's Enterprise Value for the quarter that ended in Mar. 2014 was $1,021.3 Mil.
Kratos Defense & Security Solutions Inc's Operating Income for the trailing twelve months (TTM) ended in Mar. 2014 was 8.9 (Jun. 2013 ) + 6.1 (Sep. 2013 ) + 5.4 (Dec. 2013 ) + 3.3 (Mar. 2014 ) = $23.7 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.

Kratos Defense & Security Solutions Inc Annual Data

Dec04Dec05Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13
ev2ebit 105.33112.240.000.000.000.0019.9426.420.0032.19

Kratos Defense & Security Solutions Inc Quarterly Data

Dec11Mar12Jun12Sep12Dec12Mar13Jun13Sep13Dec13Mar14
ev2ebit 26.4220.1922.6223.380.000.000.000.0032.1643.09
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