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TAL Education Group (NYSE:XRS)
EV/EBIT
32.66 (As of Today)

EV/EBIT ratio is calculated as enterprise value divided by its Earnings Before Interest and Taxes (EBIT). As of today, TAL Education Group's enterprise value is $4,715.5 Mil. TAL Education Group's earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Feb. 2016 was $144.4 Mil. Therefore, TAL Education Group's EV/EBIT ratio for today is 32.66.

XRS' s EV/EBIT Range Over the Past 10 Years
Min: 12   Max: 49.4
Current: 32.64

12
49.4

During the past 8 years, the highest EV/EBIT Ratio of TAL Education Group was 49.40. The lowest was 12.00. And the median was 24.70.

XRS's EV/EBIT is ranked lower than
82% of the 105 Companies
in the Global Education & Training Services industry.

( Industry Median: 13.25 vs. XRS: 32.64 )

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt). TAL Education Group's enterprise value for the quarter that ended in Feb. 2016 was $3,727.8 Mil. TAL Education Group's earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Feb. 2016 was $144.4 Mil. TAL Education Group's Earnings Yield (Joel Greenblatt) for the quarter that ended in Feb. 2016 was 3.87%.


Definition

TAL Education Group's EV/EBIT for today is calculated as:

EV/EBIT=Enterprise Value (Today)/Earnings Before Interest and Taxes (EBIT) (TTM)
=4715.474/144.402
=32.66

TAL Education Group's current Enterprise Value is $4,715.5 Mil.
TAL Education Group's Earnings Before Interest and Taxes (EBIT) for the trailing twelve months (TTM) ended in Feb. 2016 was 25.847 (May. 2015 ) + 83.225 (Aug. 2015 ) + 14.116 (Nov. 2015 ) + 21.214 (Feb. 2016 ) = $144.4 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).

TAL Education Group's Earnings Yield (Joel Greenblatt) for the quarter that ended in Feb. 2016 is calculated as:

Earnings Yield (Joel Greenblatt) (Q: Feb. 2016 )=EBIT (TTM)/Enterprise Value (Q: Feb. 2016 )
=144.402/3727.786
=3.87 %

TAL Education Group's Enterprise Value for the quarter that ended in Feb. 2016 was $3,727.8 Mil.
TAL Education Group's Earnings Before Interest and Taxes (EBIT) for the trailing twelve months (TTM) ended in Feb. 2016 was 25.847 (May. 2015 ) + 83.225 (Aug. 2015 ) + 14.116 (Nov. 2015 ) + 21.214 (Feb. 2016 ) = $144.4 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.

TAL Education Group Annual Data

Feb09Feb10Feb11Feb12Feb13Feb14Feb15Feb16
ev2ebit 0.000.000.000.0023.1331.5516.2123.7923.8925.82

TAL Education Group Quarterly Data

Nov13Feb14May14Aug14Nov14Feb15May15Aug15Nov15Feb16
ev2ebit 22.4023.7916.6630.6826.4723.8927.2518.0223.5425.82
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