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Nexen, Inc. (NYSE:NXY)
EV/EBIT
0.00 (As of Today)

EV/EBIT ratio is calculated as enterprise value divided by its Earnings Before Interest and Taxes (EBIT). As of today, Nexen, Inc.'s enterprise value is \$0 Mil. Nexen, Inc.'s earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2012 was \$1,653 Mil. Therefore, Nexen, Inc.'s EV/EBIT ratio for today is 0.00.

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt). Nexen, Inc.'s enterprise value for the quarter that ended in Dec. 2012 was \$17,622 Mil. Nexen, Inc.'s earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2012 was \$1,653 Mil. Nexen, Inc.'s Earnings Yield (Joel Greenblatt) for the quarter that ended in Dec. 2012 was 9.38%.

Definition

Nexen, Inc.'s EV/EBIT for today is calculated as:

 EV/EBIT = Enterprise Value (Today) / Earnings Before Interest and Taxes (EBIT) (TTM) = 0.000 / 1653.3579383 = 0.00

Nexen, Inc.'s current Enterprise Value is \$0 Mil.
Nexen, Inc.'s Earnings Before Interest and Taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2012 was 623.742454728 (Mar. 2012 ) + 498.054474708 (Jun. 2012 ) + 353.783231084 (Sep. 2012 ) + 177.777777778 (Dec. 2012 ) = \$1,653 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).

Nexen, Inc.'s Earnings Yield (Joel Greenblatt) for the quarter that ended in Dec. 2012 is calculated as:

 Earnings Yield (Joel Greenblatt) (Q: Dec. 2012 ) = EBIT (TTM) / Enterprise Value (Q: Dec. 2012 ) = 1653.3579383 / 17621.7018424 = 9.38 %

Nexen, Inc.'s Enterprise Value for the quarter that ended in Dec. 2012 was \$17,622 Mil.
Nexen, Inc.'s Earnings Before Interest and Taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2012 was 623.742454728 (Mar. 2012 ) + 498.054474708 (Jun. 2012 ) + 353.783231084 (Sep. 2012 ) + 177.777777778 (Dec. 2012 ) = \$1,653 Mil.

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.

Related Terms

Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.

Nexen, Inc. Annual Data

 Dec03 Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 ev2ebit 7.58 5.67 13.61 14.04 11.02 5.03 23.14 14.72 6.01 11.17

Nexen, Inc. Quarterly Data

 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 ev2ebit 13.54 14.72 0.00 10.92 0.00 0.00 6.55 6.02 8.55 11.17
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