Switch to:
Medtronic PLC (NYSE:MDT)
EV/EBIT
29.30 (As of Today)

EV/EBIT ratio is calculated as enterprise value divided by its Earnings Before Interest and Taxes (EBIT). As of today, Medtronic PLC's enterprise value is $121,658 Mil. Medtronic PLC's earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Apr. 2015 was $4,152 Mil. Therefore, Medtronic PLC's EV/EBIT ratio for today is 29.30.

MDT' s 10-Year EV/EBIT Range
Min: 8.8   Max: 34.2
Current: 29.2

8.8
34.2

During the past 13 years, the highest EV/EBIT Ratio of Medtronic PLC was 34.20. The lowest was 8.80. And the median was 16.70.

MDT's EV/EBITis ranked lower than
66% of the 163 Companies
in the Global Medical Devices industry.

( Industry Median: 22.11 vs. MDT: 29.20 )

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt). Medtronic PLC's enterprise value for the quarter that ended in Apr. 2015 was $122,548 Mil. Medtronic PLC's earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Apr. 2015 was $4,152 Mil. Medtronic PLC's Earnings Yield (Joel Greenblatt) for the quarter that ended in Apr. 2015 was 3.39%.


Definition

Medtronic PLC's EV/EBIT for today is calculated as:

EV/EBIT=Enterprise Value (Today)/Earnings Before Interest and Taxes (EBIT) (TTM)
=121657.618/4152
=29.30

Medtronic PLC's current Enterprise Value is $121,658 Mil.
Medtronic PLC's Earnings Before Interest and Taxes (EBIT) for the trailing twelve months (TTM) ended in Apr. 2015 was 1180 (Jul. 2014 ) + 1116 (Oct. 2014 ) + 1370 (Jan. 2015 ) + 486 (Apr. 2015 ) = $4,152 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).

Medtronic PLC's Earnings Yield (Joel Greenblatt) for the quarter that ended in Apr. 2015 is calculated as:

Earnings Yield (Joel Greenblatt) (Q: Apr. 2015 )=EBIT (TTM)/Enterprise Value (Q: Apr. 2015 )
=4152/122547.8425
=3.39 %

Medtronic PLC's Enterprise Value for the quarter that ended in Apr. 2015 was $122,548 Mil.
Medtronic PLC's Earnings Before Interest and Taxes (EBIT) for the trailing twelve months (TTM) ended in Apr. 2015 was 1180 (Jul. 2014 ) + 1116 (Oct. 2014 ) + 1370 (Jan. 2015 ) + 486 (Apr. 2015 ) = $4,152 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.

Medtronic PLC Annual Data

Apr06Apr07Apr08Apr09Apr10Apr11Apr12Apr13Apr14Apr15
ev2ebit 19.6116.8719.3614.5612.2913.139.5310.1213.8229.52

Medtronic PLC Quarterly Data

Jan13Apr13Jul13Oct13Jan14Apr14Jul14Oct14Jan15Apr15
ev2ebit 13.0410.1211.7811.4811.5913.8215.0016.8823.4029.52
Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)

GuruFocus Premium Plus Membership

FEEDBACK