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National Grid PLC (NYSE:NGG)
EV/EBIT
16.75 (As of Today)

EV/EBIT ratio is calculated as enterprise value divided by its Earnings Before Interest and Taxes (EBIT). As of today, National Grid PLC's enterprise value is $92,123 Mil. National Grid PLC's earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2015 was $5,501 Mil. Therefore, National Grid PLC's EV/EBIT ratio for today is 16.75.

NGG' s EV/EBIT Range Over the Past 10 Years
Min: 7.8   Max: 17.25
Current: 17.31

7.8
17.25

During the past 13 years, the highest EV/EBIT Ratio of National Grid PLC was 17.25. The lowest was 7.80. And the median was 9.30.

NGG's EV/EBIT is ranked lower than
64% of the 586 Companies
in the Global Utilities - Diversified industry.

( Industry Median: 14.48 vs. NGG: 17.31 )

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt). National Grid PLC's enterprise value for the quarter that ended in Sep. 2015 was $89,686 Mil. National Grid PLC's earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2015 was $5,501 Mil. National Grid PLC's Earnings Yield (Joel Greenblatt) for the quarter that ended in Sep. 2015 was 6.13%.


Definition

National Grid PLC's EV/EBIT for today is calculated as:

EV/EBIT=Enterprise Value (Today)/Earnings Before Interest and Taxes (EBIT) (TTM)
=92122.609/5500.74738416
=16.75

National Grid PLC's current Enterprise Value is $92,123 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. National Grid PLC's Earnings Before Interest and Taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2015 was $5,501 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).

National Grid PLC'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 )
=5500.74738416/89685.9253129
=6.13 %

National Grid PLC's Enterprise Value for the quarter that ended in Sep. 2015 was $89,686 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. National Grid PLC's Earnings Before Interest and Taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2015 was $5,501 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.

National Grid PLC Annual Data

Mar07Mar08Mar09Mar10Mar11Mar12Mar13Mar14Mar15Mar16
ev2ebit 9.188.539.659.158.249.0110.1513.7715.450.00

National Grid PLC Semi-Annual Data

Sep11Mar12Sep12Mar13Sep13Mar14Sep14Mar15Sep15Mar16
ev2ebit 11.889.0112.0810.150.0013.770.0015.450.000.00
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