Switch to:
Sirona Dental Systems Inc (NAS:SIRO)
EV/EBIT
20.39 (As of Today)

EV/EBIT ratio is calculated as enterprise value divided by its EBIT. As of today, Sirona Dental Systems Inc's enterprise value is $4,461 Mil. Sirona Dental Systems Inc's operating income for the trailing twelve months (TTM) ended in Mar. 2014 was $219 Mil. Therefore, Sirona Dental Systems Inc's EV/EBIT ratio for today is 20.39.

SIRO' s 10-Year EV/EBIT Range
Min: 9.1   Max: 92.6
Current: 20.39

9.1
92.6

During the past 13 years, the highest EV/EBIT Ratio of Sirona Dental Systems Inc was 92.60. The lowest was 9.10. And the median was 18.20.

SIRO's EV/EBITis ranked higher than
79% of the 320 Companies
in the Global Medical Instruments & Supplies industry.

( Industry Median: 22.59 vs. SIRO: 20.39 )

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt). Sirona Dental Systems Inc's enterprise value for the quarter that ended in Mar. 2014 was $3,957 Mil. Sirona Dental Systems Inc's Operating Income for the trailing twelve months (TTM) ended in Mar. 2014 was $219 Mil. Sirona Dental Systems Inc's Earnings Yield (Joel Greenblatt) for the quarter that ended in Mar. 2014 was 5.53%.


Definition

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

EV/EBIT=Enterprise Value (Today)/Operating Income (TTM)
=4460.558/218.788
=20.39

Sirona Dental Systems Inc's current Enterprise Value is $4,461 Mil.
Sirona Dental Systems Inc's Operating Income for the trailing twelve months (TTM) ended in Mar. 2014 was 58.5 (Jun. 2013 ) + 47.832 (Sep. 2013 ) + 62.056 (Dec. 2013 ) + 50.4 (Mar. 2014 ) = $219 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).

Sirona Dental Systems Inc's Earnings Yield (Joel Greenblatt) for the quarter that ended in Mar. 2014 is calculated as:

Earnings Yield (Joel Greenblatt) (Q: Mar. 2014 )=Operating Income (TTM)/Enterprise Value (Q: Mar. 2014 )
=218.788/3956.8845
=5.53 %

Sirona Dental Systems Inc's Enterprise Value for the quarter that ended in Mar. 2014 was $3,957 Mil.
Sirona Dental Systems Inc's Operating Income for the trailing twelve months (TTM) ended in Mar. 2014 was 58.5 (Jun. 2013 ) + 47.832 (Sep. 2013 ) + 62.056 (Dec. 2013 ) + 50.4 (Mar. 2014 ) = $219 Mil.

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


Related Terms

Enterprise Value, Operating Income, Earnings Yield (Joel Greenblatt)


Historical Data

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

Sirona Dental Systems Inc Annual Data

Mar05Mar06Sep06Sep07Sep08Sep09Sep10Sep11Sep12Sep13
ev2ebit 12.5416.28106.7244.8726.3622.6616.5114.8716.4916.54

Sirona Dental Systems Inc Quarterly Data

Dec11Mar12Jun12Sep12Dec12Mar13Jun13Sep13Dec13Mar14
ev2ebit 15.6217.3014.9016.4918.3820.0816.6116.5417.3318.09
Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)
Free 7-day Trial
FEEDBACK
Email Hide