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Adobe Systems Inc  (NAS:ADBE) EV-to-EBIT: 36.93 (As of Today)

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Adobe Systems Inc's Enterprise Value is $67,852 Mil. Adobe Systems Inc's EBIT for the trailing twelve months (TTM) ended in May. 2017 was $1,838 Mil. Therefore, Adobe Systems Inc's EV-to-EBIT for today is 36.93.

NAS:ADBE' s EV-to-EBIT Range Over the Past 10 Years
Min: 6.8   Max: 87.6
Current: 33.52

6.8
87.6

During the past 13 years, the highest EV-to-EBIT of Adobe Systems Inc was 87.60. The lowest was 6.80. And the median was 26.00.

NAS:ADBE's EV-to-EBIT is ranked lower than
73% of the 1265 Companies
in the Global industry.

( Industry Median: 18.76 vs. NAS:ADBE: 33.52 )

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Adobe Systems Inc's Enterprise Value for the quarter that ended in May. 2017 was $66,939 Mil. Adobe Systems Inc's EBIT for the trailing twelve months (TTM) ended in May. 2017 was $1,838 Mil. Adobe Systems Inc's Earnings Yield (Joel Greenblatt) % for the quarter that ended in May. 2017 was 2.75%.


Historical Data

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

* Premium members only.

Adobe Systems Inc Annual Data

Nov07 Nov08 Nov09 Nov10 Nov11 Nov12 Nov13 Nov14 Nov15 Nov16
EV-to-EBIT Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 12.69 62.59 81.76 46.32 31.85

Adobe Systems Inc Quarterly Data

Nov12 Feb13 May13 Aug13 Nov13 Feb14 May14 Aug14 Nov14 Feb15 May15 Aug15 Nov15 Feb16 May16 Aug16 Nov16 Feb17 May17 Aug17
EV-to-EBIT Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 35.93 31.85 33.40 36.43 36.10

Competitive Comparison
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap.


Calculation

Adobe Systems Inc's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=67852.390/1837.527
=36.93

Adobe Systems Inc's current Enterprise Value is $67,852 Mil.
Adobe Systems Inc's EBIT for the trailing twelve months (TTM) ended in May. 2017 was 373.582 (Aug. 2016 ) + 474.218 (Nov. 2016 ) + 478.762 (Feb. 2017 ) + 510.965 (May. 2017 ) = $1,838 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) %.

Adobe Systems Inc's Earnings Yield (Joel Greenblatt) % for the quarter that ended in May. 2017 is calculated as:

Earnings Yield (Joel Greenblatt) % (Q: May. 2017 =EBIT / Enterprise Value (Q: May. 2017 )
=1837.527/66939.2602
=2.75 %

Adobe Systems Inc's Enterprise Value for the quarter that ended in >May. 2017 was $66,939 Mil.
Adobe Systems Inc's EBIT for the trailing twelve months (TTM) ended in May. 2017 was 373.582 (Aug. 2016 ) + 474.218 (Nov. 2016 ) + 478.762 (Feb. 2017 ) + 510.965 (May. 2017 ) = $1,838 Mil.

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


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