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GuruFocus has detected 5 Warning Signs with United States Steel Corp $X.
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United States Steel Corp (NYSE:X)
EV/EBIT
-13.92 (As of Today)

EV/EBIT ratio is calculated as enterprise value divided by its Earnings Before Interest and Taxes (EBIT). As of today, United States Steel Corp's enterprise value is $8,686 Mil. United States Steel Corp's earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2016 was $-624 Mil. Therefore, United States Steel Corp's EV/EBIT ratio for today is -13.92.

During the past 13 years, the highest EV/EBIT Ratio of United States Steel Corp was 291.70. The lowest was -129.10. And the median was 4.40.

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt). United States Steel Corp's enterprise value for the quarter that ended in Sep. 2016 was $4,889 Mil. United States Steel Corp's earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2016 was $-624 Mil. United States Steel Corp's Earnings Yield (Joel Greenblatt) for the quarter that ended in Sep. 2016 was -12.76%.


Definition

United States Steel Corp's EV/EBIT for today is calculated as:

EV/EBIT=Enterprise Value (Today)/Earnings Before Interest and Taxes (EBIT) (TTM)
=8686.110/-624
=-13.92

United States Steel Corp's current Enterprise Value is $8,686 Mil.
United States Steel Corp's Earnings Before Interest and Taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2016 was -486 (Dec. 2015 ) + -273 (Mar. 2016 ) + 7 (Jun. 2016 ) + 128 (Sep. 2016 ) = $-624 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).

United States Steel 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 )
=-624/4888.5956
=-12.76 %

United States Steel Corp's Enterprise Value for the quarter that ended in Sep. 2016 was $4,889 Mil.
United States Steel Corp's Earnings Before Interest and Taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2016 was -486 (Dec. 2015 ) + -273 (Mar. 2016 ) + 7 (Jun. 2016 ) + 128 (Sep. 2016 ) = $-624 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.

United States Steel Corp Annual Data

Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14Dec15Dec16
ev2ebit 13.762.18-6.15-60.7933.5331.02-3.8714.95-2.87-35.69

United States Steel Corp Quarterly Data

Sep14Dec14Mar15Jun15Sep15Dec15Mar16Jun16Sep16Dec16
ev2ebit -33.0514.9563.30-15.93-10.84-2.87-3.63-5.22-7.83-35.69
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