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Quality Systems Inc (NAS:QSII)
EV/EBIT
18.88 (As of Today)

EV/EBIT ratio is calculated as enterprise value divided by its Earnings Before Interest and Taxes (EBIT). As of today, Quality Systems Inc's enterprise value is $702.9 Mil. Quality Systems Inc's earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2015 was $37.2 Mil. Therefore, Quality Systems Inc's EV/EBIT ratio for today is 18.88.

QSII' s 10-Year EV/EBIT Range
Min: 7.5   Max: 314.8
Current: 18.88

7.5
314.8

During the past 13 years, the highest EV/EBIT Ratio of Quality Systems Inc was 314.80. The lowest was 7.50. And the median was 21.10.

QSII's EV/EBITis ranked lower than
56% of the 1149 Companies
in the Global Health Information Services industry.

( Industry Median: 16.13 vs. QSII: 18.88 )

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt). Quality Systems Inc's enterprise value for the quarter that ended in Jun. 2015 was $882.7 Mil. Quality Systems Inc's earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2015 was $37.2 Mil. Quality Systems Inc's Earnings Yield (Joel Greenblatt) for the quarter that ended in Jun. 2015 was 4.22%.


Definition

Quality Systems Inc's EV/EBIT for today is calculated as:

EV/EBIT=Enterprise Value (Today)/Earnings Before Interest and Taxes (EBIT) (TTM)
=702.913/37.235
=18.88

Quality Systems Inc's current Enterprise Value is $702.9 Mil.
Quality Systems Inc's Earnings Before Interest and Taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2015 was 7.259 (Sep. 2014 ) + 8.21 (Dec. 2014 ) + 12.732 (Mar. 2015 ) + 9.034 (Jun. 2015 ) = $37.2 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).

Quality Systems 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 )
=37.235/882.7054
=4.22 %

Quality Systems Inc's Enterprise Value for the quarter that ended in Jun. 2015 was $882.7 Mil.
Quality Systems Inc's Earnings Before Interest and Taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2015 was 7.259 (Sep. 2014 ) + 8.21 (Dec. 2014 ) + 12.732 (Mar. 2015 ) + 9.034 (Jun. 2015 ) = $37.2 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.

Quality Systems Inc Annual Data

Mar06Mar07Mar08Mar09Mar10Mar11Mar12Mar13Mar14Mar15
ev2ebit 23.0920.1512.7716.8522.2224.4721.0714.0339.0923.17

Quality Systems Inc Quarterly Data

Mar13Jun13Sep13Dec13Mar14Jun14Sep14Dec14Mar15Jun15
ev2ebit 14.0315.1221.5483.6739.0975.30271.3827.0423.1723.71
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