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Westinghouse Air Brake Technologies Corp (NYSE:WAB)
EV/EBIT
17.05 (As of Today)

EV/EBIT ratio is calculated as enterprise value divided by its Earnings Before Interest and Taxes (EBIT). As of today, Westinghouse Air Brake Technologies Corp's enterprise value is $9,841 Mil. Westinghouse Air Brake Technologies Corp's earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2015 was $577 Mil. Therefore, Westinghouse Air Brake Technologies Corp's EV/EBIT ratio for today is 17.05.

WAB' s 10-Year EV/EBIT Range
Min: 6.6   Max: 20.5
Current: 17.06

6.6
20.5

During the past 13 years, the highest EV/EBIT Ratio of Westinghouse Air Brake Technologies Corp was 20.50. The lowest was 6.60. And the median was 13.00.

WAB's EV/EBITis ranked lower than
55% of the 629 Companies
in the Global Railroads industry.

( Industry Median: 15.17 vs. WAB: 17.06 )

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt). Westinghouse Air Brake Technologies Corp's enterprise value for the quarter that ended in Jun. 2015 was $9,247 Mil. Westinghouse Air Brake Technologies Corp's earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2015 was $577 Mil. Westinghouse Air Brake Technologies Corp's Earnings Yield (Joel Greenblatt) for the quarter that ended in Jun. 2015 was 6.24%.


Definition

Westinghouse Air Brake Technologies Corp's EV/EBIT for today is calculated as:

EV/EBIT=Enterprise Value (Today)/Earnings Before Interest and Taxes (EBIT) (TTM)
=9841.116/577.22
=17.05

Westinghouse Air Brake Technologies Corp's current Enterprise Value is $9,841 Mil.
Westinghouse Air Brake Technologies Corp's Earnings Before Interest and Taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2015 was 135.977 (Sep. 2014 ) + 136.963 (Dec. 2014 ) + 148.42 (Mar. 2015 ) + 155.86 (Jun. 2015 ) = $577 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).

Westinghouse Air Brake Technologies Corp's Earnings Yield (Joel Greenblatt) for the quarter that ended in Jun. 2015 is calculated as:

Earnings Yield (Joel Greenblatt) (Q: Jun. 2015 )=EBIT (TTM)/Enterprise Value (Q: Jun. 2015 )
=577.22/9247.1468
=6.24 %

Westinghouse Air Brake Technologies Corp's Enterprise Value for the quarter that ended in Jun. 2015 was $9,247 Mil.
Westinghouse Air Brake Technologies Corp's Earnings Before Interest and Taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2015 was 135.977 (Sep. 2014 ) + 136.963 (Dec. 2014 ) + 148.42 (Mar. 2015 ) + 155.86 (Jun. 2015 ) = $577 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.

Westinghouse Air Brake Technologies Corp Annual Data

Dec05Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14
ev2ebit 13.2411.088.8510.2311.9313.4412.8310.9216.6716.05

Westinghouse Air Brake Technologies Corp Quarterly Data

Mar13Jun13Sep13Dec13Mar14Jun14Sep14Dec14Mar15Jun15
ev2ebit 12.7012.8914.8116.6716.7617.3216.1816.0516.8916.02
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