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Richardson Electronics Ltd (NAS:RELL)
EV/EBIT
-1.70 (As of Today)

EV/EBIT ratio is calculated as enterprise value divided by its Earnings Before Interest and Taxes (EBIT). As of today, Richardson Electronics Ltd's enterprise value is \$12.9 Mil. Richardson Electronics Ltd's earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Aug. 2016 was \$-7.6 Mil. Therefore, Richardson Electronics Ltd's EV/EBIT ratio for today is -1.70.

During the past 13 years, the highest EV/EBIT Ratio of Richardson Electronics Ltd was 7179.00. The lowest was -677.90. And the median was 8.40.

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt). Richardson Electronics Ltd's enterprise value for the quarter that ended in Aug. 2016 was \$26.6 Mil. Richardson Electronics Ltd's earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Aug. 2016 was \$-7.6 Mil. Richardson Electronics Ltd's Earnings Yield (Joel Greenblatt) for the quarter that ended in Aug. 2016 was -28.66%.

Definition

Richardson Electronics Ltd's EV/EBIT for today is calculated as:

 EV/EBIT = Enterprise Value (Today) / Earnings Before Interest and Taxes (EBIT) (TTM) = 12.949 / -7.636 = -1.70

Richardson Electronics Ltd's current Enterprise Value is \$12.9 Mil.
Richardson Electronics Ltd's Earnings Before Interest and Taxes (EBIT) for the trailing twelve months (TTM) ended in Aug. 2016 was -2.522 (Nov. 2015 ) + -2.721 (Feb. 2016 ) + -0.306 (May. 2016 ) + -2.087 (Aug. 2016 ) = \$-7.6 Mil.

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's 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).

Richardson Electronics Ltd's Earnings Yield (Joel Greenblatt) for the quarter that ended in Aug. 2016 is calculated as:

 Earnings Yield (Joel Greenblatt) (Q: Aug. 2016 ) = EBIT (TTM) / Enterprise Value (Q: Aug. 2016 ) = -7.636 / 26.642 = -28.66 %

Richardson Electronics Ltd's Enterprise Value for the quarter that ended in Aug. 2016 was \$26.6 Mil.
Richardson Electronics Ltd's Earnings Before Interest and Taxes (EBIT) for the trailing twelve months (TTM) ended in Aug. 2016 was -2.522 (Nov. 2015 ) + -2.721 (Feb. 2016 ) + -0.306 (May. 2016 ) + -2.087 (Aug. 2016 ) = \$-7.6 Mil.

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

Related Terms

Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

Richardson Electronics Ltd Annual Data

 May07 May08 May09 May10 May11 May12 May13 May14 May15 May16 ev2ebit 36.64 -65.38 -13.59 89.80 7.11 7.11 3,536.85 -2.01 -2.49 -0.62

Richardson Electronics Ltd Quarterly Data

 May14 Aug14 Nov14 Feb15 May15 Aug15 Nov15 Feb16 May16 Aug16 ev2ebit -2.01 -3.79 -3.52 -2.45 -2.49 -0.78 -0.08 0.09 -0.62 -3.49
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