Switch to:
Western Digital Corp (NAS:WDC)
EV/EBIT
8.94 (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 $8,379 Mil. Western Digital Corp's earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2016 was $937 Mil. Therefore, Western Digital Corp's EV/EBIT ratio for today is 8.94.

WDC' s EV/EBIT Range Over the Past 10 Years
Min: 1.5   Max: 16.3
Current: 8.9

1.5
16.3

During the past 13 years, the highest EV/EBIT Ratio of Western Digital Corp was 16.30. The lowest was 1.50. And the median was 7.90.

WDC's EV/EBIT is ranked higher than
69% of the 1632 Companies
in the Global Data Storage industry.

( Industry Median: 13.44 vs. WDC: 8.90 )

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt). Western Digital Corp's enterprise value for the quarter that ended in Mar. 2016 was $7,166 Mil. Western Digital Corp's earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2016 was $937 Mil. Western Digital Corp's Earnings Yield (Joel Greenblatt) for the quarter that ended in Mar. 2016 was 13.08%.


Definition

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

EV/EBIT=Enterprise Value (Today)/Earnings Before Interest and Taxes (EBIT) (TTM)
=8379.029/937
=8.94

Western Digital Corp's current Enterprise Value is $8,379 Mil.
Western Digital Corp's Earnings Before Interest and Taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2016 was 259 (Jun. 2015 ) + 327 (Sep. 2015 ) + 257 (Dec. 2015 ) + 94 (Mar. 2016 ) = $937 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).

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

Earnings Yield (Joel Greenblatt) (Q: Mar. 2016 )=EBIT (TTM)/Enterprise Value (Q: Mar. 2016 )
=937/7166.0548
=13.08 %

Western Digital Corp's Enterprise Value for the quarter that ended in Mar. 2016 was $7,166 Mil.
Western Digital Corp's Earnings Before Interest and Taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2016 was 259 (Jun. 2015 ) + 327 (Sep. 2015 ) + 257 (Dec. 2015 ) + 94 (Mar. 2016 ) = $937 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.

Western Digital Corp Annual Data

Jun06Jun07Jun08Jun09Jun10Jun11Jun12Jun13Jun14Jun15
ev2ebit 9.687.626.958.813.036.683.639.6810.489.46

Western Digital Corp Quarterly Data

Dec13Mar14Jun14Sep14Dec14Mar15Jun15Sep15Dec15Mar16
ev2ebit 14.3115.5810.4811.4013.4110.629.4610.418.337.65
Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)
FEEDBACK