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Symantec Corp (NAS:SYMC)
EV/EBIT
39.84 (As of Today)

EV/EBIT ratio is calculated as enterprise value divided by its Earnings Before Interest and Taxes (EBIT). As of today, Symantec Corp's enterprise value is $16,214 Mil. Symantec Corp's earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2016 was $407 Mil. Therefore, Symantec Corp's EV/EBIT ratio for today is 39.84.

SYMC' s EV/EBIT Range Over the Past 10 Years
Min: -1044.8   Max: 72.3
Current: 40.11

-1044.8
72.3

During the past 13 years, the highest EV/EBIT Ratio of Symantec Corp was 72.30. The lowest was -1044.80. And the median was 17.00.

SYMC's EV/EBIT is ranked lower than
77% of the 1231 Companies
in the Global Software - Application industry.

( Industry Median: 17.27 vs. SYMC: 40.11 )

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt). Symantec Corp's enterprise value for the quarter that ended in Sep. 2016 was $17,180 Mil. Symantec Corp's earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2016 was $407 Mil. Symantec Corp's Earnings Yield (Joel Greenblatt) for the quarter that ended in Sep. 2016 was 2.37%.


Definition

Symantec Corp's EV/EBIT for today is calculated as:

EV/EBIT=Enterprise Value (Today)/Earnings Before Interest and Taxes (EBIT) (TTM)
=16213.590/407
=39.84

Symantec Corp's current Enterprise Value is $16,214 Mil.
Symantec Corp's Earnings Before Interest and Taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2016 was 146 (Dec. 2015 ) + 135 (Mar. 2016 ) + 124 (Jun. 2016 ) + 2 (Sep. 2016 ) = $407 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).

Symantec Corp's Earnings Yield (Joel Greenblatt) for the quarter that ended in Sep. 2016 is calculated as:

Earnings Yield (Joel Greenblatt) (Q: Sep. 2016 )=EBIT (TTM)/Enterprise Value (Q: Sep. 2016 )
=407/17179.742
=2.37 %

Symantec Corp's Enterprise Value for the quarter that ended in Sep. 2016 was $17,180 Mil.
Symantec Corp's Earnings Before Interest and Taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2016 was 146 (Dec. 2015 ) + 135 (Mar. 2016 ) + 124 (Jun. 2016 ) + 2 (Sep. 2016 ) = $407 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.

Symantec Corp Annual Data

Mar07Mar08Mar09Mar10Mar11Mar12Mar13Mar14Mar15Mar16
ev2ebit 22.3118.63-1.8712.4116.367.7313.6062.2521.0115.91

Symantec Corp Quarterly Data

Jun14Sep14Dec14Mar15Jun15Sep15Dec15Mar16Jun16Sep16
ev2ebit 51.1341.18-1,004.0221.0132.5663.2646.9315.9119.0442.21
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