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Thermon Group Holdings Inc (NYSE:THR)
EV/EBIT
15.62 (As of Today)

EV/EBIT ratio is calculated as enterprise value divided by its EBIT. As of today, Thermon Group Holdings Inc's enterprise value is $932.0 Mil. Thermon Group Holdings Inc's operating income for the trailing twelve months (TTM) ended in Jun. 2014 was $59.3 Mil. Therefore, Thermon Group Holdings Inc's EV/EBIT ratio for today is 15.62.

THR' s 10-Year EV/EBIT Range
Min: 11.7   Max: 23
Current: 15.62

11.7
23

During the past 5 years, the highest EV/EBIT Ratio of Thermon Group Holdings Inc was 23.00. The lowest was 11.70. And the median was 14.85.

THR's EV/EBITis ranked higher than
71% of the 2042 Companies
in the Global Diversified Industrials industry.

( Industry Median: 17.27 vs. THR: 15.62 )

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt). Thermon Group Holdings Inc's enterprise value for the quarter that ended in Jun. 2014 was $883.1 Mil. Thermon Group Holdings Inc's Operating Income for the trailing twelve months (TTM) ended in Jun. 2014 was $59.3 Mil. Thermon Group Holdings Inc's Earnings Yield (Joel Greenblatt) for the quarter that ended in Jun. 2014 was 6.72%.


Definition

Thermon Group Holdings Inc's EV/EBIT for today is calculated as:

EV/EBIT=Enterprise Value (Today)/Operating Income (TTM)
=931.979/59.322
=15.71

Thermon Group Holdings Inc's current Enterprise Value is $932.0 Mil.
Thermon Group Holdings Inc's Operating Income for the trailing twelve months (TTM) ended in Jun. 2014 was 14.453 (Sep. 2013 ) + 17.758 (Dec. 2013 ) + 14.351 (Mar. 2014 ) + 12.76 (Jun. 2014 ) = $59.3 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).

Thermon Group Holdings 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 )
=59.322/883.106
=6.72 %

Thermon Group Holdings Inc's Enterprise Value for the quarter that ended in Jun. 2014 was $883.1 Mil.
Thermon Group Holdings Inc's Operating Income for the trailing twelve months (TTM) ended in Jun. 2014 was 14.453 (Sep. 2013 ) + 17.758 (Dec. 2013 ) + 14.351 (Mar. 2014 ) + 12.76 (Jun. 2014 ) = $59.3 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.

Thermon Group Holdings Inc Annual Data

Mar09Mar10Mar12Mar13Mar14
ev2ebit 0.000.000.000.000.000.000.0016.5413.5113.42

Thermon Group Holdings Inc Quarterly Data

Mar12Jun12Sep12Dec12Mar13Jun13Sep13Dec13Mar14Jun14
ev2ebit 16.5412.6114.4413.1513.5113.3314.9416.5213.4214.89
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