Switch to:
Noble Corp PLC (NYSE:NE)
EV/EBIT
5.30 (As of Today)

EV/EBIT ratio is calculated as enterprise value divided by its Earnings Before Interest and Taxes (EBIT). As of today, Noble Corp PLC's enterprise value is $5,440 Mil. Noble Corp PLC's earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2016 was $1,027 Mil. Therefore, Noble Corp PLC's EV/EBIT ratio for today is 5.30.

NE' s EV/EBIT Range Over the Past 10 Years
Min: 2.7   Max: 55.2
Current: 5.3

2.7
55.2

During the past 13 years, the highest EV/EBIT Ratio of Noble Corp PLC was 55.20. The lowest was 2.70. And the median was 13.00.

NE's EV/EBIT is ranked higher than
60% of the 25 Companies
in the Global Oil & Gas Drilling industry.

( Industry Median: 6.13 vs. NE: 5.30 )

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt). Noble Corp PLC's enterprise value for the quarter that ended in Jun. 2016 was $6,033 Mil. Noble Corp PLC's earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2016 was $1,027 Mil. Noble Corp PLC's Earnings Yield (Joel Greenblatt) for the quarter that ended in Jun. 2016 was 17.02%.


Definition

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

EV/EBIT=Enterprise Value (Today)/Earnings Before Interest and Taxes (EBIT) (TTM)
=5439.844/1026.868
=5.30

Noble Corp PLC's current Enterprise Value is $5,440 Mil.
Noble Corp PLC's Earnings Before Interest and Taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2016 was 440.907 (Sep. 2015 ) + -50.279 (Dec. 2015 ) + 175.46 (Mar. 2016 ) + 460.78 (Jun. 2016 ) = $1,027 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).

Noble Corp PLC's Earnings Yield (Joel Greenblatt) for the quarter that ended in Jun. 2016 is calculated as:

Earnings Yield (Joel Greenblatt) (Q: Jun. 2016 )=EBIT (TTM)/Enterprise Value (Q: Jun. 2016 )
=1026.868/6033.3068
=17.02 %

Noble Corp PLC's Enterprise Value for the quarter that ended in Jun. 2016 was $6,033 Mil.
Noble Corp PLC's Earnings Before Interest and Taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2016 was 440.907 (Sep. 2015 ) + -50.279 (Dec. 2015 ) + 175.46 (Mar. 2016 ) + 460.78 (Jun. 2016 ) = $1,027 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.

Noble Corp PLC Annual Data

Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14Dec15
ev2ebit 10.229.232.874.6211.6122.7520.3815.7851.417.58

Noble Corp PLC Quarterly Data

Mar14Jun14Sep14Dec14Mar15Jun15Sep15Dec15Mar16Jun16
ev2ebit 14.2915.0911.7451.4139.0933.3916.537.588.525.88
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)
FEEDBACK