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NGL Energy Partners LP (NYSE:NGL)
EV/EBIT
28.83 (As of Today)

EV/EBIT ratio is calculated as enterprise value divided by its Earnings Before Interest and Taxes (EBIT). As of today, NGL Energy Partners LP's enterprise value is $5,330 Mil. NGL Energy Partners LP's earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2015 was $185 Mil. Therefore, NGL Energy Partners LP's EV/EBIT ratio for today is 28.83.

NGL' s EV/EBIT Range Over the Past 10 Years
Min: 20.9   Max: 1162.9
Current: 28.85

20.9
1162.9

During the past 7 years, the highest EV/EBIT Ratio of NGL Energy Partners LP was 1162.90. The lowest was 20.90. And the median was 41.10.

NGL's EV/EBIT is ranked lower than
82% of the 136 Companies
in the Global Oil & Gas Refining & Marketing industry.

( Industry Median: 10.87 vs. NGL: 28.85 )

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt). NGL Energy Partners LP's enterprise value for the quarter that ended in Dec. 2015 was $5,015 Mil. NGL Energy Partners LP's earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2015 was $185 Mil. NGL Energy Partners LP's Earnings Yield (Joel Greenblatt) for the quarter that ended in Dec. 2015 was 3.69%.


Definition

NGL Energy Partners LP's EV/EBIT for today is calculated as:

EV/EBIT=Enterprise Value (Today)/Earnings Before Interest and Taxes (EBIT) (TTM)
=5330.433/184.87
=28.83

NGL Energy Partners LP's current Enterprise Value is $5,330 Mil.
NGL Energy Partners LP's Earnings Before Interest and Taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2015 was 121.224 (Mar. 2015 ) + -7.186 (Jun. 2015 ) + 4.633 (Sep. 2015 ) + 66.199 (Dec. 2015 ) = $185 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).

NGL Energy Partners LP's Earnings Yield (Joel Greenblatt) for the quarter that ended in Dec. 2015 is calculated as:

Earnings Yield (Joel Greenblatt) (Q: Dec. 2015 )=EBIT (TTM)/Enterprise Value (Q: Dec. 2015 )
=184.87/5015.4126
=3.69 %

NGL Energy Partners LP's Enterprise Value for the quarter that ended in Dec. 2015 was $5,015 Mil.
NGL Energy Partners LP's Earnings Before Interest and Taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2015 was 121.224 (Mar. 2015 ) + -7.186 (Jun. 2015 ) + 4.633 (Sep. 2015 ) + 66.199 (Dec. 2015 ) = $185 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.

NGL Energy Partners LP Annual Data

Mar09Mar10Mar11Mar12Mar13Mar14Mar15
ev2ebit 0.000.000.000.000.000.0050.5726.3142.4643.83

NGL Energy Partners LP Quarterly Data

Sep13Dec13Mar14Jun14Sep14Dec14Mar15Jun15Sep15Dec15
ev2ebit 34.5254.2342.4653.3566.2272.8143.8345.4040.4127.13
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