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ArcelorMittal SA (NYSE:MT)
EV/EBIT
56.59 (As of Today)

EV/EBIT ratio is calculated as enterprise value divided by its Earnings Before Interest and Taxes (EBIT). As of today, ArcelorMittal SA's enterprise value is $24,390 Mil. ArcelorMittal SA's earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2015 was $431 Mil. Therefore, ArcelorMittal SA's EV/EBIT ratio for today is 56.59.

MT' s EV/EBIT Range Over the Past 10 Years
Min: -1428.3   Max: 67.5
Current: 51.06

-1428.3
67.5

During the past 13 years, the highest EV/EBIT Ratio of ArcelorMittal SA was 67.50. The lowest was -1428.30. And the median was 11.80.

MT's EV/EBIT is ranked lower than
85% of the 562 Companies
in the Global Steel industry.

( Industry Median: 11.76 vs. MT: 51.06 )

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt). ArcelorMittal SA's enterprise value for the quarter that ended in Sep. 2015 was $0 Mil. ArcelorMittal SA's earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2015 was $431 Mil. ArcelorMittal SA's Earnings Yield (Joel Greenblatt) for the quarter that ended in Sep. 2015 was %.


Definition

ArcelorMittal SA's EV/EBIT for today is calculated as:

EV/EBIT=Enterprise Value (Today)/Earnings Before Interest and Taxes (EBIT) (TTM)
=24390.226/431
=56.59

ArcelorMittal SA's current Enterprise Value is $24,390 Mil.
ArcelorMittal SA's Earnings Before Interest and Taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2015 was -360 (Dec. 2014 ) + 571 (Mar. 2015 ) + 579 (Jun. 2015 ) + -359 (Sep. 2015 ) = $431 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).

ArcelorMittal SA'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 )
=431/0
= %

ArcelorMittal SA's Enterprise Value for the quarter that ended in Sep. 2015 was $0 Mil.
ArcelorMittal SA's Earnings Before Interest and Taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2015 was -360 (Dec. 2014 ) + 571 (Mar. 2015 ) + 579 (Jun. 2015 ) + -359 (Sep. 2015 ) = $431 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.

ArcelorMittal SA Annual Data

Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14Dec15
ev2ebit 10.238.075.22-33.6619.569.99-21.5464.0628.040.00

ArcelorMittal SA Quarterly Data

Sep13Dec13Mar14Jun14Sep14Dec14Mar15Jun15Sep15Dec15
ev2ebit -11.7564.0642.2621.2420.0528.0428.9331.2458.190.00
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