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Novo Nordisk A/S (NYSE:NVO)
EV/EBIT
23.10 (As of Today)

EV/EBIT ratio is calculated as enterprise value divided by its Earnings Before Interest and Taxes (EBIT). As of today, Novo Nordisk A/S's enterprise value is $144,217 Mil. Novo Nordisk A/S's earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2016 was $6,243 Mil. Therefore, Novo Nordisk A/S's EV/EBIT ratio for today is 23.10.

NVO' s EV/EBIT Range Over the Past 10 Years
Min: 9.2   Max: 25.7
Current: 22.91

9.2
25.7

During the past 13 years, the highest EV/EBIT Ratio of Novo Nordisk A/S was 25.70. The lowest was 9.20. And the median was 16.50.

NVO's EV/EBIT is ranked higher than
53% of the 278 Companies
in the Global Biotechnology industry.

( Industry Median: 24.27 vs. NVO: 22.91 )

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt). Novo Nordisk A/S's enterprise value for the quarter that ended in Mar. 2016 was $139,633 Mil. Novo Nordisk A/S's earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2016 was $6,243 Mil. Novo Nordisk A/S's Earnings Yield (Joel Greenblatt) for the quarter that ended in Mar. 2016 was 4.47%.


Definition

Novo Nordisk A/S's EV/EBIT for today is calculated as:

EV/EBIT=Enterprise Value (Today)/Earnings Before Interest and Taxes (EBIT) (TTM)
=144216.590/6242.78174195
=23.10

Novo Nordisk A/S's current Enterprise Value is $144,217 Mil.
Novo Nordisk A/S's Earnings Before Interest and Taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2016 was 1843.96629552 (Jun. 2015 ) + 1804.29515253 (Sep. 2015 ) + 753.538596235 (Dec. 2015 ) + 1840.98169767 (Mar. 2016 ) = $6,243 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).

Novo Nordisk A/S's Earnings Yield (Joel Greenblatt) for the quarter that ended in Mar. 2016 is calculated as:

Earnings Yield (Joel Greenblatt) (Q: Mar. 2016 )=EBIT (TTM)/Enterprise Value (Q: Mar. 2016 )
=6242.78174195/139633.438092
=4.47 %

Novo Nordisk A/S's Enterprise Value for the quarter that ended in Mar. 2016 was $139,633 Mil.
Novo Nordisk A/S's Earnings Before Interest and Taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2016 was 1843.96629552 (Jun. 2015 ) + 1804.29515253 (Sep. 2015 ) + 753.538596235 (Dec. 2015 ) + 1840.98169767 (Mar. 2016 ) = $6,243 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.

Novo Nordisk A/S Annual Data

Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14Dec15
ev2ebit 15.4818.6312.6412.4015.2113.5215.0315.9919.7623.43

Novo Nordisk A/S Quarterly Data

Dec13Mar14Jun14Sep14Dec14Mar15Jun15Sep15Dec15Mar16
ev2ebit 15.9920.2320.3821.5919.7624.2621.7619.9323.4321.92
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