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Tel Instrument Electronics Corp (AMEX:TIK)
EV/EBIT
-106.32 (As of Today)

EV/EBIT ratio is calculated as enterprise value divided by its Earnings Before Interest and Taxes (EBIT). As of today, Tel Instrument Electronics Corp's enterprise value is $17.76 Mil. Tel Instrument Electronics Corp's earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2015 was $-0.17 Mil. Therefore, Tel Instrument Electronics Corp's EV/EBIT ratio for today is -106.32.

TIK' s 10-Year EV/EBIT Range
Min: -1377.2   Max: 384.2
Current: 0

-1377.2
384.2

During the past 13 years, the highest EV/EBIT Ratio of Tel Instrument Electronics Corp was 384.20. The lowest was -1377.20. And the median was -5.30.

TIK's EV/EBITis ranked lower than
181% of the 137 Companies
in the Global Aerospace & Defense industry.

( Industry Median: 16.67 vs. TIK: 0.00 )

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt). Tel Instrument Electronics Corp's enterprise value for the quarter that ended in Mar. 2015 was $22.09 Mil. Tel Instrument Electronics Corp's earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2015 was $-0.17 Mil. Tel Instrument Electronics Corp's Earnings Yield (Joel Greenblatt) for the quarter that ended in Mar. 2015 was -0.76%.


Definition

Tel Instrument Electronics Corp's EV/EBIT for today is calculated as:

EV/EBIT=Enterprise Value (Today)/Earnings Before Interest and Taxes (EBIT) (TTM)
=17.756/-0.167
=-106.32

Tel Instrument Electronics Corp's current Enterprise Value is $17.76 Mil.
Tel Instrument Electronics Corp's Earnings Before Interest and Taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2015 was -0.435 (Jun. 2014 ) + -0.318 (Sep. 2014 ) + 0.047 (Dec. 2014 ) + 0.539 (Mar. 2015 ) = $-0.17 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).

Tel Instrument Electronics Corp's Earnings Yield (Joel Greenblatt) for the quarter that ended in Mar. 2015 is calculated as:

Earnings Yield (Joel Greenblatt) (Q: Mar. 2015 )=EBIT (TTM)/Enterprise Value (Q: Mar. 2015 )
=-0.167/22.0942
=-0.76 %

Tel Instrument Electronics Corp's Enterprise Value for the quarter that ended in Mar. 2015 was $22.09 Mil.
Tel Instrument Electronics Corp's Earnings Before Interest and Taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2015 was -0.435 (Jun. 2014 ) + -0.318 (Sep. 2014 ) + 0.047 (Dec. 2014 ) + 0.539 (Mar. 2015 ) = $-0.17 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.

Tel Instrument Electronics Corp Annual Data

Mar06Mar07Mar08Mar09Mar10Mar11Mar12Mar13Mar14Mar15
ev2ebit -10.38-5.96-20.2823.69-8.29-753.5822.98-3.3914.79-132.30

Tel Instrument Electronics Corp Quarterly Data

Dec12Mar13Jun13Sep13Dec13Mar14Jun14Sep14Dec14Mar15
ev2ebit -6.66-3.39-3.80-6.37-12.2314.7932.9383.4160.94-132.30
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