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Zale Corp (NYSE:ZLC)
EV/EBIT
0.00 (As of Today)

EV/EBIT ratio is calculated as enterprise value divided by its Earnings Before Interest and Taxes (EBIT). As of today, Zale Corp's enterprise value is \$0 Mil. Zale Corp's earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jan. 2014 was \$44 Mil. Therefore, Zale Corp's EV/EBIT ratio for today is 0.00.

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt). Zale Corp's enterprise value for the quarter that ended in Jan. 2014 was \$1,074 Mil. Zale Corp's earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jan. 2014 was \$44 Mil. Zale Corp's Earnings Yield (Joel Greenblatt) for the quarter that ended in Jan. 2014 was 4.13%.

Definition

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

 EV/EBIT = Enterprise Value (Today) / Earnings Before Interest and Taxes (EBIT) (TTM) = 0.000 / 44.338 = 0.00

Zale Corp's current Enterprise Value is \$0 Mil.
Zale Corp's Earnings Before Interest and Taxes (EBIT) for the trailing twelve months (TTM) ended in Jan. 2014 was 9.928 (Apr. 2013 ) + -3.08 (Jul. 2013 ) + -22.032 (Oct. 2013 ) + 59.522 (Jan. 2014 ) = \$44 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).

Zale Corp's Earnings Yield (Joel Greenblatt) for the quarter that ended in Jan. 2014 is calculated as:

 Earnings Yield (Joel Greenblatt) (Q: Jan. 2014 ) = EBIT (TTM) / Enterprise Value (Q: Jan. 2014 ) = 44.338 / 1073.688 = 4.13 %

Zale Corp's Enterprise Value for the quarter that ended in Jan. 2014 was \$1,074 Mil.
Zale Corp's Earnings Before Interest and Taxes (EBIT) for the trailing twelve months (TTM) ended in Jan. 2014 was 9.928 (Apr. 2013 ) + -3.08 (Jul. 2013 ) + -22.032 (Oct. 2013 ) + 59.522 (Jan. 2014 ) = \$44 Mil.

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.

Related Terms

Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.

Zale Corp Annual Data

 Jul04 Jul05 Jul06 Jul07 Jul08 Jul09 Jul10 Jul11 Jul12 Jul13 ev2ebit 8.76 10.21 17.19 11.94 -5.92 -2.05 -2.83 -19.41 27.49 19.82

Zale Corp Quarterly Data

 Oct11 Jan12 Apr12 Jul12 Oct12 Jan13 Apr13 Jul13 Oct13 Jan14 ev2ebit -69.35 -55.61 175.62 27.49 39.88 23.06 19.24 19.82 27.82 20.78
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