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National Oilwell Varco Inc (NYSE:NOV)
EV/EBIT
6.43 (As of Today)

EV/EBIT ratio is calculated as enterprise value divided by its Earnings Before Interest and Taxes (EBIT). As of today, National Oilwell Varco Inc's enterprise value is $18,086 Mil. National Oilwell Varco Inc's earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2015 was $2,811 Mil. Therefore, National Oilwell Varco Inc's EV/EBIT ratio for today is 6.43.

NOV' s 10-Year EV/EBIT Range
Min: 1.7   Max: 25.9
Current: 6.43

1.7
25.9

During the past 13 years, the highest EV/EBIT Ratio of National Oilwell Varco Inc was 25.90. The lowest was 1.70. And the median was 8.50.

NOV's EV/EBITis ranked higher than
78% of the 186 Companies
in the Global Oil & Gas Equipment & Services industry.

( Industry Median: 11.39 vs. NOV: 6.43 )

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt). National Oilwell Varco Inc's enterprise value for the quarter that ended in Jun. 2015 was $20,565 Mil. National Oilwell Varco Inc's earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2015 was $2,811 Mil. National Oilwell Varco Inc's Earnings Yield (Joel Greenblatt) for the quarter that ended in Jun. 2015 was 13.67%.


Definition

National Oilwell Varco Inc's EV/EBIT for today is calculated as:

EV/EBIT=Enterprise Value (Today)/Earnings Before Interest and Taxes (EBIT) (TTM)
=18085.630/2811
=6.43

National Oilwell Varco Inc's current Enterprise Value is $18,086 Mil.
National Oilwell Varco Inc's Earnings Before Interest and Taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2015 was 1010 (Sep. 2014 ) + 856 (Dec. 2014 ) + 528 (Mar. 2015 ) + 417 (Jun. 2015 ) = $2,811 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 Oilwell Varco Inc's Earnings Yield (Joel Greenblatt) for the quarter that ended in Jun. 2015 is calculated as:

Earnings Yield (Joel Greenblatt) (Q: Jun. 2015 )=EBIT (TTM)/Enterprise Value (Q: Jun. 2015 )
=2811/20565.3636
=13.67 %

National Oilwell Varco Inc's Enterprise Value for the quarter that ended in Jun. 2015 was $20,565 Mil.
National Oilwell Varco Inc's Earnings Before Interest and Taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2015 was 1010 (Sep. 2014 ) + 856 (Dec. 2014 ) + 528 (Mar. 2015 ) + 417 (Jun. 2015 ) = $2,811 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 Oilwell Varco Inc Annual Data

Dec05Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14
ev2ebit 21.768.7410.942.856.649.487.787.389.267.55

National Oilwell Varco Inc Quarterly Data

Mar13Jun13Sep13Dec13Mar14Jun14Sep14Dec14Mar15Jun15
ev2ebit 8.558.699.549.268.849.828.737.556.357.32
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