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GuruFocus has detected 6 Warning Signs with MasTec Inc $MTZ.
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MasTec Inc (NYSE:MTZ)
EV-to-EBIT
17.29 (As of Today)

EV/EBIT ratio is calculated as enterprise value divided by its Earnings Before Interest and Taxes (EBIT). As of today, MasTec Inc's enterprise value is $4,337 Mil. MasTec Inc's earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2016 was $251 Mil. Therefore, MasTec Inc's EV/EBIT ratio for today is 17.29.

MTZ' s EV-to-EBIT Range Over the Past 10 Years
Min: 7   Max: 71.7
Current: 17.28

7
71.7

During the past 13 years, the highest EV/EBIT Ratio of MasTec Inc was 71.70. The lowest was 7.00. And the median was 14.30.

MTZ's EV-to-EBIT is ranked lower than
68% of the 1022 Companies
in the Global Engineering & Construction industry.

( Industry Median: 11.82 vs. MTZ: 17.28 )

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt). MasTec Inc's enterprise value for the quarter that ended in Dec. 2016 was $4,151 Mil. MasTec Inc's earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2016 was $251 Mil. MasTec Inc's Earnings Yield (Joel Greenblatt) for the quarter that ended in Dec. 2016 was 6.04%.


Definition

MasTec Inc's EV/EBIT for today is calculated as:

EV/EBIT=Enterprise Value (Today)/Earnings Before Interest and Taxes (EBIT) (TTM)
=4337.265/250.842
=17.29

MasTec Inc's current Enterprise Value is $4,337 Mil.
MasTec Inc's Earnings Before Interest and Taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2016 was -9.232 (Mar. 2016 ) + 55.713 (Jun. 2016 ) + 108.443 (Sep. 2016 ) + 95.918 (Dec. 2016 ) = $251 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).

MasTec Inc's Earnings Yield (Joel Greenblatt) for the quarter that ended in Dec. 2016 is calculated as:

Earnings Yield (Joel Greenblatt) (Q: Dec. 2016 )=EBIT (TTM)/Enterprise Value (Q: Dec. 2016 )
=250.842/4151.47
=6.04 %

MasTec Inc's Enterprise Value for the quarter that ended in Dec. 2016 was $4,151 Mil.
MasTec Inc's Earnings Before Interest and Taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2016 was -9.232 (Mar. 2016 ) + 55.713 (Jun. 2016 ) + 108.443 (Sep. 2016 ) + 95.918 (Dec. 2016 ) = $251 Mil.

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

MasTec Inc Annual Data

Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14Dec15Dec16
ev2ebit 41.4912.6817.009.619.4610.7711.9912.6848.9116.55

MasTec Inc Quarterly Data

Sep14Dec14Mar15Jun15Sep15Dec15Mar16Jun16Sep16Dec16
ev2ebit 13.6112.6812.7718.6429.2548.9167.5033.2920.3616.55
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