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Titanium Metals Corporation (NYSE:TIE)
EV/EBIT
-0.27 (As of Today)

EV/EBIT ratio is calculated as enterprise value divided by its EBIT. As of today, Titanium Metals Corporation's enterprise value is $-47 Mil. Titanium Metals Corporation's operating income for the trailing twelve months (TTM) ended in Sep. 2012 was $175 Mil. Therefore, Titanium Metals Corporation's EV/EBIT ratio for today is -0.27.

TIE' s 10-Year EV/EBIT Range
Min: 0   Max: 0
Current: 13.9

TIE's EV/EBITis ranked lower than
100% of the Companies
in the Global industry.

( Industry Median: vs. TIE: 13.90 )

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt). Titanium Metals Corporation's enterprise value for the quarter that ended in Sep. 2012 was $2,331 Mil. Titanium Metals Corporation's Operating Income for the trailing twelve months (TTM) ended in Sep. 2012 was $175 Mil. Titanium Metals Corporation's Earnings Yield (Joel Greenblatt) for the quarter that ended in Sep. 2012 was 7.49%.


Definition

Titanium Metals Corporation's EV/EBIT for today is calculated as:

EV/EBIT=Enterprise Value (Today)/Operating Income (TTM)
=-47.300/174.6
=-0.27

Titanium Metals Corporation's current Enterprise Value is $-47 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Titanium Metals Corporation's Operating Income for the trailing twelve months (TTM) ended in Sep. 2012 was $175 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).

Titanium Metals Corporation's Earnings Yield (Joel Greenblatt) for the quarter that ended in Sep. 2012 is calculated as:

Earnings Yield (Joel Greenblatt) (Q: Sep. 2012 )=Operating Income (TTM)/Enterprise Value (Q: Sep. 2012 )
=174.6/2331.233
=7.49 %

Titanium Metals Corporation's Enterprise Value for the quarter that ended in Sep. 2012 was $2,331 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Titanium Metals Corporation's Operating Income for the trailing twelve months (TTM) ended in Sep. 2012 was $175 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.

Titanium Metals Corporation Annual Data

Dec02Dec03Dec04Dec05Dec06Dec07Dec08Dec09Dec10Dec11
ev2ebit 0.000.0017.1713.6612.5411.517.0638.1123.2714.75

Titanium Metals Corporation Semi-Annual Data

Jun10Sep10Dec10Mar11Jun11Sep11Dec11Mar12Jun12Sep12
ev2ebit 46.6835.0923.2721.5919.2015.5714.7513.8012.1414.30
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