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Tutor Perini Corp (NYSE:TPC)
EV/EBIT
10.00 (As of Today)

EV/EBIT ratio is calculated as enterprise value divided by its EBIT. As of today, Tutor Perini Corp's enterprise value is $2,090 Mil. Tutor Perini Corp's operating income for the trailing twelve months (TTM) ended in Dec. 2013 was $204 Mil. Therefore, Tutor Perini Corp's EV/EBIT ratio for today is 10.00.

TPC' s 10-Year EV/EBIT Range
Min: 0.6   Max: 88.3
Current: 10

0.6
88.3

During the past 13 years, the highest EV/EBIT Ratio of Tutor Perini Corp was 88.30. The lowest was 0.60. And the median was 7.30.

TPC's EV/EBITis ranked higher than
71% of the 856 Companies
in the Global Engineering & Construction industry.

( Industry Median: 12.61 vs. TPC: 10.00 )

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt). Tutor Perini Corp's enterprise value for the quarter that ended in Dec. 2013 was $1,887 Mil. Tutor Perini Corp's Operating Income for the trailing twelve months (TTM) ended in Dec. 2013 was $204 Mil. Tutor Perini Corp's Earnings Yield (Joel Greenblatt) for the quarter that ended in Dec. 2013 was 10.80%.


Definition

Tutor Perini Corp's EV/EBIT for today is calculated as:

EV/EBIT=Enterprise Value (Today)/Operating Income (TTM)
=2090.332/203.822
=10.26

Tutor Perini Corp's current Enterprise Value is $2,090 Mil.
Tutor Perini Corp's Operating Income for the trailing twelve months (TTM) ended in Dec. 2013 was 36.079 (Mar. 2013 ) + 39.474 (Jun. 2013 ) + 58.094 (Sep. 2013 ) + 70.175 (Dec. 2013 ) = $204 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).

Tutor Perini Corp's Earnings Yield (Joel Greenblatt) for the quarter that ended in Dec. 2013 is calculated as:

Earnings Yield (Joel Greenblatt) (Q: Dec. 2013 )=Operating Income (TTM)/Enterprise Value (Q: Dec. 2013 )
=203.822/1887.407
=10.80 %

Tutor Perini Corp's Enterprise Value for the quarter that ended in Dec. 2013 was $1,887 Mil.
Tutor Perini Corp's Operating Income for the trailing twelve months (TTM) ended in Dec. 2013 was 36.079 (Mar. 2013 ) + 39.474 (Jun. 2013 ) + 58.094 (Sep. 2013 ) + 70.175 (Dec. 2013 ) = $204 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.

Tutor Perini Corp Annual Data

Dec04Dec05Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13
ev2ebit 5.8065.999.004.760.003.055.416.250.009.26

Tutor Perini Corp Quarterly Data

Sep11Dec11Mar12Jun12Sep12Dec12Mar13Jun13Sep13Dec13
ev2ebit 4.866.255.080.000.000.000.007.908.629.26
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