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Nokia Oyj (NYSE:NOK)
EV/EBIT
140.25 (As of Today)

EV/EBIT ratio is calculated as enterprise value divided by its EBIT. As of today, Nokia Oyj's enterprise value is $22,036 Mil. Nokia Oyj's operating income for the trailing twelve months (TTM) ended in Mar. 2015 was $157 Mil. Therefore, Nokia Oyj's EV/EBIT ratio for today is 140.25.

NOK' s 10-Year EV/EBIT Range
Min: -2468.4   Max: 153.8
Current: 118.6

-2468.4
153.8

During the past 13 years, the highest EV/EBIT Ratio of Nokia Oyj was 153.80. The lowest was -2468.40. And the median was 10.85.

NOK's EV/EBITis ranked higher than
53% of the 611 Companies
in the Global Communication Equipment industry.

( Industry Median: 223.16 vs. NOK: 118.60 )

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt). Nokia Oyj's enterprise value for the quarter that ended in Mar. 2015 was $0 Mil. Nokia Oyj's Operating Income for the trailing twelve months (TTM) ended in Mar. 2015 was $157 Mil. Nokia Oyj's Earnings Yield (Joel Greenblatt) for the quarter that ended in Mar. 2015 was %.


Definition

Nokia Oyj's EV/EBIT for today is calculated as:

EV/EBIT=Enterprise Value (Today)/Operating Income (TTM)
=22036.058/157.118305799
=140.25

Nokia Oyj's current Enterprise Value is $22,036 Mil.
Nokia Oyj's Operating Income for the trailing twelve months (TTM) ended in Mar. 2015 was 385.869565217 (Jun. 2014 ) + -1043.81443299 (Sep. 2014 ) + 558.569667078 (Dec. 2014 ) + 256.493506494 (Mar. 2015 ) = $157 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).

Nokia Oyj's Earnings Yield (Joel Greenblatt) for the quarter that ended in Mar. 2015 is calculated as:

Earnings Yield (Joel Greenblatt) (Q: Mar. 2015 )=Operating Income (TTM)/Enterprise Value (Q: Mar. 2015 )
=157.118305799/0
= %

Nokia Oyj's Enterprise Value for the quarter that ended in Mar. 2015 was $0 Mil.
Nokia Oyj's Operating Income for the trailing twelve months (TTM) ended in Mar. 2015 was 385.869565217 (Jun. 2014 ) + -1043.81443299 (Sep. 2014 ) + 558.569667078 (Dec. 2014 ) + 256.493506494 (Mar. 2015 ) = $157 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.

Nokia Oyj Annual Data

Dec05Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14
ev2ebit 12.7710.0612.188.4825.0811.52-9.8758.0937.37111.83

Nokia Oyj Quarterly Data

Dec12Mar13Jun13Sep13Dec13Mar14Jun14Sep14Dec14Mar15
ev2ebit 58.095.405.637.2937.3722.9513.34-2,186.09111.83130.37
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