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Synaptics Inc (NAS:SYNA)
EV/EBIT
45.38 (As of Today)

EV/EBIT ratio is calculated as enterprise value divided by its EBIT. As of today, Synaptics Inc's enterprise value is $3,081.9 Mil. Synaptics Inc's operating income for the trailing twelve months (TTM) ended in Dec. 2014 was $67.9 Mil. Therefore, Synaptics Inc's EV/EBIT ratio for today is 45.38.

SYNA' s 10-Year EV/EBIT Range
Min: 6.6   Max: 48.5
Current: 44.81

6.6
48.5

During the past 13 years, the highest EV/EBIT Ratio of Synaptics Inc was 48.50. The lowest was 6.60. And the median was 14.70.

SYNA's EV/EBITis ranked higher than
70% of the 2972 Companies
in the Global Software - Application industry.

( Industry Median: 45.39 vs. SYNA: 44.81 )

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt). Synaptics Inc's enterprise value for the quarter that ended in Dec. 2014 was $2,458.2 Mil. Synaptics Inc's Operating Income for the trailing twelve months (TTM) ended in Dec. 2014 was $67.9 Mil. Synaptics Inc's Earnings Yield (Joel Greenblatt) for the quarter that ended in Dec. 2014 was 2.76%.


Definition

Synaptics Inc's EV/EBIT for today is calculated as:

EV/EBIT=Enterprise Value (Today)/Operating Income (TTM)
=3081.885/67.916
=45.38

Synaptics Inc's current Enterprise Value is $3,081.9 Mil.
Synaptics Inc's Operating Income for the trailing twelve months (TTM) ended in Dec. 2014 was -36.143 (Mar. 2014 ) + 39.358 (Jun. 2014 ) + 36.231 (Sep. 2014 ) + 28.47 (Dec. 2014 ) = $67.9 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).

Synaptics Inc's Earnings Yield (Joel Greenblatt) for the quarter that ended in Dec. 2014 is calculated as:

Earnings Yield (Joel Greenblatt) (Q: Dec. 2014 )=Operating Income (TTM)/Enterprise Value (Q: Dec. 2014 )
=67.916/2458.249
=2.76 %

Synaptics Inc's Enterprise Value for the quarter that ended in Dec. 2014 was $2,458.2 Mil.
Synaptics Inc's Operating Income for the trailing twelve months (TTM) ended in Dec. 2014 was -36.143 (Mar. 2014 ) + 39.358 (Jun. 2014 ) + 36.231 (Sep. 2014 ) + 28.47 (Dec. 2014 ) = $67.9 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.

Synaptics Inc Annual Data

Jun05Jun06Jun07Jun08Jun09Jun10Jun11Jun12Jun13Jun14
ev2ebit 7.9722.1527.3125.1717.4511.728.509.469.2439.92

Synaptics Inc Quarterly Data

Dec12Mar13Jun13Sep13Dec13Mar14Jun14Sep14Dec14Mar15
ev2ebit 12.5516.169.247.949.8520.3539.9236.5236.200.00
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