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GuruFocus has detected 3 Warning Signs with TechnipFMC PLC $FTI.
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TechnipFMC PLC (NYSE:FTI)
EV-to-EBIT
12.03 (As of Today)

EV/EBIT ratio is calculated as enterprise value divided by its Earnings Before Interest and Taxes (EBIT). As of today, TechnipFMC PLC's enterprise value is $8,927 Mil. TechnipFMC PLC's earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2017 was $742 Mil. Therefore, TechnipFMC PLC's EV/EBIT ratio for today is 12.03.

FTI' s EV-to-EBIT Range Over the Past 10 Years
Min: 0.2   Max: 24.8
Current: 11.96

0.2
24.8

During the past 13 years, the highest EV/EBIT Ratio of TechnipFMC PLC was 24.80. The lowest was 0.20. And the median was 9.95.

FTI's EV-to-EBIT is ranked higher than
56% of the 105 Companies
in the Global Oil & Gas Equipment & Services industry.

( Industry Median: 13.63 vs. FTI: 11.96 )

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt). TechnipFMC PLC's enterprise value for the quarter that ended in Mar. 2017 was $11,708 Mil. TechnipFMC PLC's earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2017 was $742 Mil. TechnipFMC PLC's Earnings Yield (Joel Greenblatt) for the quarter that ended in Mar. 2017 was 6.34%.


Definition

TechnipFMC PLC's EV/EBIT for today is calculated as:

EV/EBIT=Enterprise Value (Today)/Earnings Before Interest and Taxes (EBIT) (TTM)
=8927.480/742.21334168
=12.03

TechnipFMC PLC's current Enterprise Value is $8,927 Mil.
TechnipFMC PLC's Earnings Before Interest and Taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2017 was 192.979955457 (Mar. 2016 ) + 211.123595506 (Jun. 2016 ) + 295.173961841 (Sep. 2016 ) + 42.935828877 (Mar. 2017 ) = $742 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).

TechnipFMC PLC'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 )
=742.21334168/11708.0818182
=6.34 %

TechnipFMC PLC's Enterprise Value for the quarter that ended in Mar. 2017 was $11,708 Mil.
TechnipFMC PLC's Earnings Before Interest and Taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2017 was 192.979955457 (Mar. 2016 ) + 211.123595506 (Jun. 2016 ) + 295.173961841 (Sep. 2016 ) + 42.935828877 (Mar. 2017 ) = $742 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.

TechnipFMC PLC Annual Data

Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14Dec15
ev2ebit 10.4413.850.583.846.0210.259.448.337.7717.19

TechnipFMC PLC Quarterly Data

Sep14Dec14Mar15Jun15Sep15Dec15Mar16Jun16Sep16Mar17
ev2ebit 8.647.777.1622.8813.0317.1913.654.996.6422.49
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