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GuruFocus has detected 9 Warning Signs with Black Hills Corp $BKH.
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Black Hills Corp (NYSE:BKH)
EV-to-EBIT
23.41 (As of Today)

EV/EBIT ratio is calculated as enterprise value divided by its Earnings Before Interest and Taxes (EBIT). As of today, Black Hills Corp's enterprise value is $7,140 Mil. Black Hills Corp's earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2017 was $305 Mil. Therefore, Black Hills Corp's EV/EBIT ratio for today is 23.41.

BKH' s EV-to-EBIT Range Over the Past 10 Years
Min: -77.7   Max: 199.8
Current: 23.4

-77.7
199.8

During the past 13 years, the highest EV/EBIT Ratio of Black Hills Corp was 199.80. The lowest was -77.70. And the median was 13.80.

BKH's EV-to-EBIT is ranked lower than
82% of the 584 Companies
in the Global Utilities - Diversified industry.

( Industry Median: 14.50 vs. BKH: 23.40 )

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt). Black Hills Corp's enterprise value for the quarter that ended in Mar. 2017 was $6,922 Mil. Black Hills Corp's earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2017 was $305 Mil. Black Hills Corp's Earnings Yield (Joel Greenblatt) for the quarter that ended in Mar. 2017 was 4.41%.


Definition

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

EV/EBIT=Enterprise Value (Today)/Earnings Before Interest and Taxes (EBIT) (TTM)
=7139.802/305.041
=23.41

Black Hills Corp's current Enterprise Value is $7,140 Mil.
Black Hills Corp's Earnings Before Interest and Taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2017 was 37.933 (Jun. 2016 ) + 60.692 (Sep. 2016 ) + 57.988 (Dec. 2016 ) + 148.428 (Mar. 2017 ) = $305 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).

Black Hills Corp's Earnings Yield (Joel Greenblatt) for the quarter that ended in Mar. 2017 is calculated as:

Earnings Yield (Joel Greenblatt) (Q: Mar. 2017 )=EBIT (TTM)/Enterprise Value (Q: Mar. 2017 )
=305.041/6922.2241
=4.41 %

Black Hills Corp's Enterprise Value for the quarter that ended in Mar. 2017 was $6,922 Mil.
Black Hills Corp's Earnings Before Interest and Taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2017 was 37.933 (Jun. 2016 ) + 60.692 (Sep. 2016 ) + 57.988 (Dec. 2016 ) + 148.428 (Mar. 2017 ) = $305 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.

Black Hills Corp Annual Data

Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14Dec15Dec16
ev2ebit 12.83-58.0110.7614.3018.9110.2812.9414.73107.9628.74

Black Hills Corp Quarterly Data

Dec14Mar15Jun15Sep15Dec15Mar16Jun16Sep16Dec16Mar17
ev2ebit 14.7315.4021.7633.26107.96158.7156.1137.2128.7422.69
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