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Layne Christensen Co (NAS:LAYN)
EV/EBIT
-7.27 (As of Today)

EV/EBIT ratio is calculated as enterprise value divided by its EBIT. As of today, Layne Christensen Co's enterprise value is $315.1 Mil. Layne Christensen Co's operating income for the trailing twelve months (TTM) ended in Jul. 2014 was $-43.1 Mil. Therefore, Layne Christensen Co's EV/EBIT ratio for today is -7.27.

LAYN' s 10-Year EV/EBIT Range
Min: 3.5   Max: 44
Current: -7.27

3.5
44

During the past 13 years, the highest EV/EBIT Ratio of Layne Christensen Co was 44.00. The lowest was 3.50. And the median was 14.50.

LAYN's EV/EBITis ranked lower than
60% of the 1140 Companies
in the Global Engineering & Construction industry.

( Industry Median: 15.81 vs. LAYN: -7.27 )

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. 2014 was $332.9 Mil. Layne Christensen Co's Operating Income for the trailing twelve months (TTM) ended in Jul. 2014 was $-43.1 Mil. Layne Christensen Co's Earnings Yield (Joel Greenblatt) for the quarter that ended in Jul. 2014 was 0.00%.


Definition

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

EV/EBIT=Enterprise Value (Today)/Operating Income (TTM)
=315.106/-43.082
=

Layne Christensen Co's current Enterprise Value is $315.1 Mil.
Layne Christensen Co's Operating Income for the trailing twelve months (TTM) ended in Jul. 2014 was -15.263 (Oct. 2013 ) + 2.521 (Jan. 2014 ) + -19.69 (Apr. 2014 ) + -10.65 (Jul. 2014 ) = $-43.1 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).

Layne Christensen Co's Earnings Yield (Joel Greenblatt) for the quarter that ended in Jul. 2014 is calculated as:

Earnings Yield (Joel Greenblatt) (Q: Jul. 2014 )=Operating Income (TTM)/Enterprise Value (Q: Jul. 2014 )
=-43.082/332.8782
= %

Layne Christensen Co's Enterprise Value for the quarter that ended in Jul. 2014 was $332.9 Mil.
Layne Christensen Co's Operating Income for the trailing twelve months (TTM) ended in Jul. 2014 was -15.263 (Oct. 2013 ) + 2.521 (Jan. 2014 ) + -19.69 (Apr. 2014 ) + -10.65 (Jul. 2014 ) = $-43.1 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.

Layne Christensen Co Annual Data

Jan05Jan06Jan07Jan08Jan09Jan10Jan11Jan12Jan13Jan14
ev2ebit 15.0620.1513.3910.417.9736.0115.140.000.000.00

Layne Christensen Co Quarterly Data

Apr12Jul12Oct12Jan13Apr13Jul13Oct13Jan14Apr14Jul14
ev2ebit 0.000.000.000.000.000.000.000.000.000.00
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