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St Jude Medical Inc (NYSE:STJ)
EV/EBIT
19.50 (As of Today)

EV/EBIT ratio is calculated as enterprise value divided by its EBIT. As of today, St Jude Medical Inc's enterprise value is $20,470 Mil. St Jude Medical Inc's operating income for the trailing twelve months (TTM) ended in Jun. 2014 was $1,062 Mil. Therefore, St Jude Medical Inc's EV/EBIT ratio for today is 19.50.

STJ' s 10-Year EV/EBIT Range
Min: 10   Max: 34.3
Current: 19.5

10
34.3

During the past 13 years, the highest EV/EBIT Ratio of St Jude Medical Inc was 34.30. The lowest was 10.00. And the median was 19.60.

STJ's EV/EBITis ranked higher than
85% of the 420 Companies
in the Global Medical Devices industry.

( Industry Median: 45.27 vs. STJ: 19.50 )

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt). St Jude Medical Inc's enterprise value for the quarter that ended in Jun. 2014 was $22,447 Mil. St Jude Medical Inc's Operating Income for the trailing twelve months (TTM) ended in Jun. 2014 was $1,062 Mil. St Jude Medical Inc's Earnings Yield (Joel Greenblatt) for the quarter that ended in Jun. 2014 was 4.73%.


Definition

St Jude Medical Inc's EV/EBIT for today is calculated as:

EV/EBIT=Enterprise Value (Today)/Operating Income (TTM)
=20470.369/1062
=19.28

St Jude Medical Inc's current Enterprise Value is $20,470 Mil.
St Jude Medical Inc's Operating Income for the trailing twelve months (TTM) ended in Jun. 2014 was 313 (Sep. 2013 ) + 148 (Dec. 2013 ) + 312 (Mar. 2014 ) + 289 (Jun. 2014 ) = $1,062 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).

St Jude Medical Inc's Earnings Yield (Joel Greenblatt) for the quarter that ended in Jun. 2014 is calculated as:

Earnings Yield (Joel Greenblatt) (Q: Jun. 2014 )=Operating Income (TTM)/Enterprise Value (Q: Jun. 2014 )
=1062/22447.3542
=4.73 %

St Jude Medical Inc's Enterprise Value for the quarter that ended in Jun. 2014 was $22,447 Mil.
St Jude Medical Inc's Operating Income for the trailing twelve months (TTM) ended in Jun. 2014 was 313 (Sep. 2013 ) + 148 (Dec. 2013 ) + 312 (Mar. 2014 ) + 289 (Jun. 2014 ) = $1,062 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.

St Jude Medical Inc Annual Data

Dec04Dec05Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13
ev2ebit 27.1330.8818.4418.7918.9412.5012.6011.4611.4319.46

St Jude Medical Inc Quarterly Data

Mar12Jun12Sep12Dec12Mar13Jun13Sep13Dec13Mar14Jun14
ev2ebit 14.4612.8914.3111.4312.5914.8715.7919.4620.0821.14
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