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Vishay Precision Group, Inc. (NYSE:VPG)
EV/EBIT
20.79 (As of Today)

EV/EBIT ratio is calculated as enterprise value divided by its EBIT. As of today, Vishay Precision Group, Inc.'s enterprise value is $192.1 Mil. Vishay Precision Group, Inc.'s operating income for the trailing twelve months (TTM) ended in Dec. 2013 was $9.2 Mil. Therefore, Vishay Precision Group, Inc.'s EV/EBIT ratio for today is 20.79.

VPG' s 10-Year EV/EBIT Range
Min: 5.7   Max: 26.3
Current: 20.79

5.7
26.3

During the past 5 years, the highest EV/EBIT Ratio of Vishay Precision Group, Inc. was 26.30. The lowest was 5.70. And the median was 9.30.

VPG's EV/EBITis ranked lower than
53% of the 1938 Companies
in the Global Scientific & Technical Instruments industry.

( Industry Median: 15.81 vs. VPG: 20.79 )

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt). Vishay Precision Group, Inc.'s enterprise value for the quarter that ended in Dec. 2013 was $158.9 Mil. Vishay Precision Group, Inc.'s Operating Income for the trailing twelve months (TTM) ended in Dec. 2013 was $9.2 Mil. Vishay Precision Group, Inc.'s Earnings Yield (Joel Greenblatt) for the quarter that ended in Dec. 2013 was 5.82%.


Definition

Vishay Precision Group, Inc.'s EV/EBIT for today is calculated as:

EV/EBIT=Enterprise Value (Today)/Operating Income (TTM)
=192.073/9.24
=20.79

Vishay Precision Group, Inc.'s current Enterprise Value is $192.1 Mil.
Vishay Precision Group, Inc.'s Operating Income for the trailing twelve months (TTM) ended in Dec. 2013 was 2.535 (Mar. 2013 ) + 2.787 (Jun. 2013 ) + 0.602 (Sep. 2013 ) + 3.316 (Dec. 2013 ) = $9.2 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).

Vishay Precision Group, Inc.'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 )
=9.24/158.8607
=5.82 %

Vishay Precision Group, Inc.'s Enterprise Value for the quarter that ended in Dec. 2013 was $158.9 Mil.
Vishay Precision Group, Inc.'s Operating Income for the trailing twelve months (TTM) ended in Dec. 2013 was 2.535 (Mar. 2013 ) + 2.787 (Jun. 2013 ) + 0.602 (Sep. 2013 ) + 3.316 (Dec. 2013 ) = $9.2 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.

Vishay Precision Group, Inc. Annual Data

Dec09Dec10Dec11Dec12Dec13
ev2ebit 0.000.000.000.000.000.009.118.878.5117.19

Vishay Precision Group, Inc. Quarterly Data

Sep11Dec11Mar12Jun12Sep12Dec12Mar13Jun13Sep13Dec13
ev2ebit 5.448.879.078.899.578.5114.8617.0020.8617.19
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