Switch to:
GuruFocus has detected 7 Warning Signs with Seagate Technology PLC $STX.
More than 500,000 people have already joined GuruFocus to track the stocks they follow and exchange investment ideas.
Seagate Technology PLC (NAS:STX)
EV-to-EBIT
21.45 (As of Today)

EV/EBIT ratio is calculated as enterprise value divided by its Earnings Before Interest and Taxes (EBIT). As of today, Seagate Technology PLC's enterprise value is $15,934 Mil. Seagate Technology PLC's earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2016 was $743 Mil. Therefore, Seagate Technology PLC's EV/EBIT ratio for today is 21.45.

STX' s EV-to-EBIT Range Over the Past 10 Years
Min: -3.6   Max: 28.2
Current: 21.45

-3.6
28.2

During the past 13 years, the highest EV/EBIT Ratio of Seagate Technology PLC was 28.20. The lowest was -3.60. And the median was 8.70.

STX's EV-to-EBIT is ranked lower than
62% of the 2054 Companies
in the Global Data Storage industry.

( Industry Median: 16.00 vs. STX: 21.45 )

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt). Seagate Technology PLC's enterprise value for the quarter that ended in Dec. 2016 was $13,619 Mil. Seagate Technology PLC's earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2016 was $743 Mil. Seagate Technology PLC's Earnings Yield (Joel Greenblatt) for the quarter that ended in Dec. 2016 was 5.46%.


Definition

Seagate Technology PLC's EV/EBIT for today is calculated as:

EV/EBIT=Enterprise Value (Today)/Earnings Before Interest and Taxes (EBIT) (TTM)
=15934.474/743
=21.45

Seagate Technology PLC's current Enterprise Value is $15,934 Mil.
Seagate Technology PLC's Earnings Before Interest and Taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2016 was 56 (Mar. 2016 ) + 104 (Jun. 2016 ) + 223 (Sep. 2016 ) + 360 (Dec. 2016 ) = $743 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).

Seagate Technology PLC's Earnings Yield (Joel Greenblatt) for the quarter that ended in Dec. 2016 is calculated as:

Earnings Yield (Joel Greenblatt) (Q: Dec. 2016 )=EBIT (TTM)/Enterprise Value (Q: Dec. 2016 )
=743/13618.8284
=5.46 %

Seagate Technology PLC's Enterprise Value for the quarter that ended in Dec. 2016 was $13,619 Mil.
Seagate Technology PLC's Earnings Before Interest and Taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2016 was 56 (Mar. 2016 ) + 104 (Jun. 2016 ) + 223 (Sep. 2016 ) + 360 (Dec. 2016 ) = $743 Mil.

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

Seagate Technology PLC Annual Data

Jun07Jun08Jun09Jun10Jun11Jun12Jun13Jun14Jun15Jun16
ev2ebit 18.086.99-2.363.519.113.378.1711.327.6522.07

Seagate Technology PLC Quarterly Data

Sep14Dec14Mar15Jun15Sep15Dec15Mar16Jun16Sep16Dec16
ev2ebit 11.889.347.747.658.7016.0523.3422.0723.0918.33
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)
FEEDBACK