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Western Digital Corp (NAS:WDC)
EV/EBIT
44.54 (As of Today)

EV/EBIT ratio is calculated as enterprise value divided by its Earnings Before Interest and Taxes (EBIT). As of today, Western Digital Corp's enterprise value is $28,638 Mil. Western Digital Corp's earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2016 was $643 Mil. Therefore, Western Digital Corp's EV/EBIT ratio for today is 44.54.

WDC' s EV/EBIT Range Over the Past 10 Years
Min: 1.5   Max: 511.39
Current: 502.43

1.5
511.39

During the past 13 years, the highest EV/EBIT Ratio of Western Digital Corp was 511.39. The lowest was 1.50. And the median was 8.00.

WDC's EV/EBIT is ranked lower than
99% of the 1611 Companies
in the Global Data Storage industry.

( Industry Median: 14.52 vs. WDC: 502.43 )

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt). Western Digital Corp's enterprise value for the quarter that ended in Sep. 2016 was $25,499 Mil. Western Digital Corp's earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2016 was $643 Mil. Western Digital Corp's Earnings Yield (Joel Greenblatt) for the quarter that ended in Sep. 2016 was 2.52%.


Definition

Western Digital Corp's EV/EBIT for today is calculated as:

EV/EBIT=Enterprise Value (Today)/Earnings Before Interest and Taxes (EBIT) (TTM)
=28638.041/643
=44.54

Western Digital Corp's current Enterprise Value is $28,638 Mil.
Western Digital Corp's Earnings Before Interest and Taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2016 was 327 (Sep. 2015 ) + 257 (Dec. 2015 ) + 94 (Mar. 2016 ) + -35 (Sep. 2016 ) = $643 Mil.

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's 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).

Western Digital Corp's Earnings Yield (Joel Greenblatt) for the quarter that ended in Sep. 2016 is calculated as:

Earnings Yield (Joel Greenblatt) (Q: Sep. 2016 )=EBIT (TTM)/Enterprise Value (Q: Sep. 2016 )
=643/25499.4309
=2.52 %

Western Digital Corp's Enterprise Value for the quarter that ended in Sep. 2016 was $25,499 Mil.
Western Digital Corp's Earnings Before Interest and Taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2016 was 327 (Sep. 2015 ) + 257 (Dec. 2015 ) + 94 (Mar. 2016 ) + -35 (Sep. 2016 ) = $643 Mil.

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's 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 local exchange's currency.

Western Digital Corp Annual Data

Jun06Jun07Jun08Jun09Jun10Jun11Jun12Jun13Jun14Jun15
ev2ebit 9.687.626.958.813.036.683.639.6810.489.46

Western Digital Corp Quarterly Data

Mar14Jun14Sep14Dec14Mar15Jun15Sep15Dec15Mar16Sep16
ev2ebit 15.5810.4811.4013.4110.629.4610.418.337.65447.36
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