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Layne Christensen Co (NAS:LAYN)
EV/EBIT
-17.48 (As of Today)

EV/EBIT ratio is calculated as enterprise value divided by its Earnings Before Interest and Taxes (EBIT). As of today, Layne Christensen Co's enterprise value is \$305.9 Mil. Layne Christensen Co's earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jul. 2016 was \$-17.5 Mil. Therefore, Layne Christensen Co's EV/EBIT ratio for today is -17.48.

During the past 13 years, the highest EV/EBIT Ratio of Layne Christensen Co was 57.20. The lowest was -169.40. And the median was 3.90.

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt). Layne Christensen Co's enterprise value for the quarter that ended in Jul. 2016 was \$260.2 Mil. Layne Christensen Co's earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jul. 2016 was \$-17.5 Mil. Layne Christensen Co's Earnings Yield (Joel Greenblatt) for the quarter that ended in Jul. 2016 was -6.73%.

Definition

Layne Christensen Co's EV/EBIT for today is calculated as:

 EV/EBIT = Enterprise Value (Today) / Earnings Before Interest and Taxes (EBIT) (TTM) = 305.902 / -17.503 = -17.48

Layne Christensen Co's current Enterprise Value is \$305.9 Mil.
Layne Christensen Co's Earnings Before Interest and Taxes (EBIT) for the trailing twelve months (TTM) ended in Jul. 2016 was -5.047 (Oct. 2015 ) + -7.27 (Jan. 2016 ) + -3.344 (Apr. 2016 ) + -1.842 (Jul. 2016 ) = \$-17.5 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).

Layne Christensen Co's Earnings Yield (Joel Greenblatt) for the quarter that ended in Jul. 2016 is calculated as:

 Earnings Yield (Joel Greenblatt) (Q: Jul. 2016 ) = EBIT (TTM) / Enterprise Value (Q: Jul. 2016 ) = -17.503 / 260.217 = -6.73 %

Layne Christensen Co's Enterprise Value for the quarter that ended in Jul. 2016 was \$260.2 Mil.
Layne Christensen Co's Earnings Before Interest and Taxes (EBIT) for the trailing twelve months (TTM) ended in Jul. 2016 was -5.047 (Oct. 2015 ) + -7.27 (Jan. 2016 ) + -3.344 (Apr. 2016 ) + -1.842 (Jul. 2016 ) = \$-17.5 Mil.

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

Related Terms

Historical Data

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

Layne Christensen Co Annual Data

 Jan07 Jan08 Jan09 Jan10 Jan11 Jan12 Jan13 Jan14 Jan15 Jan16 ev2ebit 11.77 9.13 5.61 47.63 11.19 -11.18 -24.72 -9.24 -5.04 -5.53

Layne Christensen Co Quarterly Data

 Apr14 Jul14 Oct14 Jan15 Apr15 Jul15 Oct15 Jan16 Apr16 Jul16 ev2ebit -9.73 -10.21 -12.40 -5.04 -7.13 -6.52 -4.82 -5.53 -7.29 -14.87
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