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Teck Resources Ltd (NYSE:TCK)
EV/EBIT
-6.50 (As of Today)

EV/EBIT ratio is calculated as enterprise value divided by its Earnings Before Interest and Taxes (EBIT). As of today, Teck Resources Ltd's enterprise value is $15,562 Mil. Teck Resources Ltd's earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2016 was $-2,396 Mil. Therefore, Teck Resources Ltd's EV/EBIT ratio for today is -6.50.

During the past 13 years, the highest EV/EBIT Ratio of Teck Resources Ltd was 20.60. The lowest was -6.30. And the median was 7.40.

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt). Teck Resources Ltd's enterprise value for the quarter that ended in Jun. 2016 was $13,756 Mil. Teck Resources Ltd's earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2016 was $-2,396 Mil. Teck Resources Ltd's Earnings Yield (Joel Greenblatt) for the quarter that ended in Jun. 2016 was -17.42%.


Definition

Teck Resources Ltd's EV/EBIT for today is calculated as:

EV/EBIT=Enterprise Value (Today)/Earnings Before Interest and Taxes (EBIT) (TTM)
=15562.436/-2395.98468129
=-6.50

Teck Resources Ltd's current Enterprise Value is $15,562 Mil.
Teck Resources Ltd's Earnings Before Interest and Taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2016 was -2158.90245741 (Sep. 2015 ) + -463.064245606 (Dec. 2015 ) + 139.119915318 (Mar. 2016 ) + 86.8621064061 (Jun. 2016 ) = $-2,396 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).

Teck Resources Ltd's Earnings Yield (Joel Greenblatt) for the quarter that ended in Jun. 2016 is calculated as:

Earnings Yield (Joel Greenblatt) (Q: Jun. 2016 )=EBIT (TTM)/Enterprise Value (Q: Jun. 2016 )
=-2395.98468129/13756.0708913
=-17.42 %

Teck Resources Ltd's Enterprise Value for the quarter that ended in Jun. 2016 was $13,756 Mil.
Teck Resources Ltd's Earnings Before Interest and Taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2016 was -2158.90245741 (Sep. 2015 ) + -463.064245606 (Dec. 2015 ) + 139.119915318 (Mar. 2016 ) + 86.8621064061 (Jun. 2016 ) = $-2,396 Mil.

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

Teck Resources Ltd Annual Data

Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14Dec15
ev2ebit 4.136.169.658.5411.255.0310.9311.0616.78-3.57

Teck Resources Ltd Quarterly Data

Mar14Jun14Sep14Dec14Mar15Jun15Sep15Dec15Mar16Jun16
ev2ebit 13.0215.3017.1916.7819.6116.43-5.41-3.57-4.34-5.54
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