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Garmin Ltd  (NAS:GRMN) EV-to-EBIT: 16.00 (As of Today)

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Garmin Ltd's Enterprise Value is $10,389 Mil. Garmin Ltd's EBIT for the trailing twelve months (TTM) ended in Sep. 2017 was $649 Mil. Therefore, Garmin Ltd's EV-to-EBIT for today is 16.00.

NAS:GRMN' s EV-to-EBIT Range Over the Past 10 Years
Min: 2.5   Max: 30.8
Current: 16

2.5
30.8

During the past 13 years, the highest EV-to-EBIT of Garmin Ltd was 30.80. The lowest was 2.50. And the median was 11.10.

NAS:GRMN's EV-to-EBIT is ranked higher than
56% of the 1748 Companies
in the Global industry.

( Industry Median: 16.50 vs. NAS:GRMN: 16.00 )

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Garmin Ltd's Enterprise Value for the quarter that ended in Sep. 2017 was $8,988 Mil. Garmin Ltd's EBIT for the trailing twelve months (TTM) ended in Sep. 2017 was $649 Mil. Garmin Ltd's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2017 was 7.22%.


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.

Garmin Ltd Annual Data

Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16
EV-to-EBIT Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 10.90 13.39 12.70 10.92 12.87

Garmin Ltd Quarterly Data

Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17
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 13.04 12.87 13.42 13.29 13.84

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

Garmin Ltd's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=10389.392/649.301
=16.00

Garmin Ltd's current Enterprise Value is $10,389 Mil.
Garmin Ltd's EBIT for the trailing twelve months (TTM) ended in Sep. 2017 was 159.816 (Dec. 2016 ) + 116.345 (Mar. 2017 ) + 203.35 (Jun. 2017 ) + 169.79 (Sep. 2017 ) = $649 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) %.

Garmin Ltd's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2017 is calculated as:

Earnings Yield (Joel Greenblatt) % (Q: Sep. 2017 =EBIT / Enterprise Value (Q: Sep. 2017 )
=649.301/8987.522
=7.22 %

Garmin Ltd's Enterprise Value for the quarter that ended in >Sep. 2017 was $8,988 Mil.
Garmin Ltd's EBIT for the trailing twelve months (TTM) ended in Sep. 2017 was 159.816 (Dec. 2016 ) + 116.345 (Mar. 2017 ) + 203.35 (Jun. 2017 ) + 169.79 (Sep. 2017 ) = $649 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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