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MasTec Inc (NYSE:MTZ)
EV/EBIT
11.15 (As of Today)

EV/EBIT ratio is calculated as enterprise value divided by its EBIT. As of today, MasTec Inc's enterprise value is $3,007 Mil. MasTec Inc's operating income for the trailing twelve months (TTM) ended in Mar. 2014 was $276 Mil. Therefore, MasTec Inc's EV/EBIT ratio for today is 11.15.

MTZ' s 10-Year EV/EBIT Range
Min: 8.4   Max: 98.8
Current: 11.15

8.4
98.8

During the past 13 years, the highest EV/EBIT Ratio of MasTec Inc was 98.80. The lowest was 8.40. And the median was 14.00.

MTZ's EV/EBITis ranked higher than
76% of the 1118 Companies
in the Global Engineering & Construction industry.

( Industry Median: 14.31 vs. MTZ: 11.15 )

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt). MasTec Inc's enterprise value for the quarter that ended in Mar. 2014 was $4,258 Mil. MasTec Inc's Operating Income for the trailing twelve months (TTM) ended in Mar. 2014 was $276 Mil. MasTec Inc's Earnings Yield (Joel Greenblatt) for the quarter that ended in Mar. 2014 was 6.48%.


Definition

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

EV/EBIT=Enterprise Value (Today)/Operating Income (TTM)
=3006.900/275.736
=10.90

MasTec Inc's current Enterprise Value is $3,007 Mil.
MasTec Inc's Operating Income for the trailing twelve months (TTM) ended in Mar. 2014 was 69.467 (Jun. 2013 ) + 91.521 (Sep. 2013 ) + 78.594 (Dec. 2013 ) + 36.154 (Mar. 2014 ) = $276 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).

MasTec Inc's Earnings Yield (Joel Greenblatt) for the quarter that ended in Mar. 2014 is calculated as:

Earnings Yield (Joel Greenblatt) (Q: Mar. 2014 )=Operating Income (TTM)/Enterprise Value (Q: Mar. 2014 )
=275.736/4257.9422
=6.48 %

MasTec Inc's Enterprise Value for the quarter that ended in Mar. 2014 was $4,258 Mil.
MasTec Inc's Operating Income for the trailing twelve months (TTM) ended in Mar. 2014 was 69.467 (Jun. 2013 ) + 91.521 (Sep. 2013 ) + 78.594 (Dec. 2013 ) + 36.154 (Mar. 2014 ) = $276 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.

MasTec Inc Annual Data

Dec04Dec05Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13
ev2ebit 0.0020.5718.2951.3512.8417.0510.1212.0610.4311.63

MasTec Inc Quarterly Data

Dec11Mar12Jun12Sep12Dec12Mar13Jun13Sep13Dec13Mar14
ev2ebit 12.0612.6610.2210.6410.4311.1812.6811.3611.6315.44
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