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Newfield Exploration Co (NYSE:NFX)
EV/EBIT
15.15 (As of Today)

EV/EBIT ratio is calculated as enterprise value divided by its EBIT. As of today, Newfield Exploration Co's enterprise value is $9,166 Mil. Newfield Exploration Co's operating income for the trailing twelve months (TTM) ended in Jun. 2014 was $605 Mil. Therefore, Newfield Exploration Co's EV/EBIT ratio for today is 15.15.

NFX' s 10-Year EV/EBIT Range
Min: 4   Max: 21.5
Current: 15.15

4
21.5

During the past 13 years, the highest EV/EBIT Ratio of Newfield Exploration Co was 21.50. The lowest was 4.00. And the median was 11.00.

NFX's EV/EBITis ranked higher than
91% of the 1121 Companies
in the Global Oil & Gas E&P industry.

( Industry Median: 448.75 vs. NFX: 15.15 )

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt). Newfield Exploration Co's enterprise value for the quarter that ended in Jun. 2014 was $8,988 Mil. Newfield Exploration Co's Operating Income for the trailing twelve months (TTM) ended in Jun. 2014 was $605 Mil. Newfield Exploration Co's Earnings Yield (Joel Greenblatt) for the quarter that ended in Jun. 2014 was 6.73%.


Definition

Newfield Exploration Co's EV/EBIT for today is calculated as:

EV/EBIT=Enterprise Value (Today)/Operating Income (TTM)
=9166.228/605
=15.15

Newfield Exploration Co's current Enterprise Value is $9,166 Mil.
Newfield Exploration Co's Operating Income for the trailing twelve months (TTM) ended in Jun. 2014 was 131 (Sep. 2013 ) + 121 (Dec. 2013 ) + 173 (Mar. 2014 ) + 180 (Jun. 2014 ) = $605 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).

Newfield Exploration Co's Earnings Yield (Joel Greenblatt) for the quarter that ended in Jun. 2014 is calculated as:

Earnings Yield (Joel Greenblatt) (Q: Jun. 2014 )=Operating Income (TTM)/Enterprise Value (Q: Jun. 2014 )
=605/8988.0686
=6.73 %

Newfield Exploration Co's Enterprise Value for the quarter that ended in Jun. 2014 was $8,988 Mil.
Newfield Exploration Co's Operating Income for the trailing twelve months (TTM) ended in Jun. 2014 was 131 (Sep. 2013 ) + 121 (Dec. 2013 ) + 173 (Mar. 2014 ) + 180 (Jun. 2014 ) = $605 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.

Newfield Exploration Co Annual Data

Dec04Dec05Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13
ev2ebit 8.378.1211.8415.790.000.0019.4610.890.0014.30

Newfield Exploration Co Quarterly Data

Mar12Jun12Sep12Dec12Mar13Jun13Sep13Dec13Mar14Jun14
ev2ebit 10.0410.3512.290.000.000.000.0014.3014.0414.86
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