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Medtronic PLC  (NYSE:MDT) EV-to-EBIT: 21.54 (As of Today)

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Medtronic PLC's Enterprise Value is $127,469 Mil. Medtronic PLC's EBIT for the trailing twelve months (TTM) ended in Jul. 2017 was $5,917 Mil. Therefore, Medtronic PLC's EV-to-EBIT for today is 21.54.

NYSE:MDT' s EV-to-EBIT Range Over the Past 10 Years
Min: 8.7   Max: 31.1
Current: 21.54

8.7
31.1

During the past 13 years, the highest EV-to-EBIT of Medtronic PLC was 31.10. The lowest was 8.70. And the median was 16.00.

NYSE:MDT's EV-to-EBIT is ranked higher than
55% of the 179 Companies
in the Global industry.

( Industry Median: 23.37 vs. NYSE:MDT: 21.54 )

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Medtronic PLC's Enterprise Value for the quarter that ended in Jul. 2017 was $135,156 Mil. Medtronic PLC's EBIT for the trailing twelve months (TTM) ended in Jul. 2017 was $5,917 Mil. Medtronic PLC's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jul. 2017 was 4.38%.


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.

Medtronic PLC Annual Data

Apr08 Apr09 Apr10 Apr11 Apr12 Apr13 Apr14 Apr15 Apr16 Apr17
EV-to-EBIT Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 10.13 13.82 29.52 22.58 23.46

Medtronic PLC Quarterly Data

Oct12 Jan13 Apr13 Jul13 Oct13 Jan14 Apr14 Jul14 Oct14 Jan15 Apr15 Jul15 Oct15 Jan16 Apr16 Jul16 Oct16 Jan17 Apr17 Jul17
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 24.66 23.35 22.35 23.46 22.84

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

Medtronic PLC's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=127468.846/5917
=21.54

Medtronic PLC's current Enterprise Value is $127,469 Mil.
Medtronic PLC's EBIT for the trailing twelve months (TTM) ended in Jul. 2017 was 1476 (Oct. 2016 ) + 1235 (Jan. 2017 ) + 1725 (Apr. 2017 ) + 1481 (Jul. 2017 ) = $5,917 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) %.

Medtronic PLC's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jul. 2017 is calculated as:

Earnings Yield (Joel Greenblatt) % (Q: Jul. 2017 =EBIT / Enterprise Value (Q: Jul. 2017 )
=5917/135155.7491
=4.38 %

Medtronic PLC's Enterprise Value for the quarter that ended in >Jul. 2017 was $135,156 Mil.
Medtronic PLC's EBIT for the trailing twelve months (TTM) ended in Jul. 2017 was 1476 (Oct. 2016 ) + 1235 (Jan. 2017 ) + 1725 (Apr. 2017 ) + 1481 (Jul. 2017 ) = $5,917 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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