EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Change Healthcare's Enterprise Value is $12,450 Mil.
Change Healthcare's EBIT for the trailing twelve months (TTM) ended in Jun. 2022 was $105 Mil. Therefore, Change Healthcare's EV-to-EBIT for today is 118.23.
The historical rank and industry rank for Change Healthcare's EV-to-EBIT or its related term are showing as below:
CHNG'
s EV-to-EBIT Range Over the Past 10 Years
Min: -13.47 Med: 75.48 Max: 125.59
Current: 118.75
During the past 6 years, the highest EV-to-EBIT of Change Healthcare was 125.59. The lowest was -13.47. And the median was 75.48.
CHNG's EV-to-EBIT is ranked worse than 94% of 417
companies
in the Healthcare Providers & Services industry
Industry Median: 16.87
vs CHNG: 118.75
Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Change Healthcare's Enterprise Value for the quarter that ended in Jun. 2022 was $12,006 Mil.
Change Healthcare's EBIT for the trailing twelve months (TTM) ended in Jun. 2022 was $105 Mil. Change Healthcare's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2022 was 0.88%.
Change Healthcare EV-to-EBIT Historical Data
The historical data trend for Change Healthcare's EV-to-EBIT can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
* Premium members only.
Change Healthcare Annual Data
Trend
Mar17
Mar18
Mar19
Mar20
Mar21
Mar22
EV-to-EBIT
-
-
-7.08
117.89
87.63
Change Healthcare Quarterly Data
Mar18
Jun18
Sep18
Dec18
Mar19
Jun19
Sep19
Dec19
Mar20
Jun20
Sep20
Dec20
Mar21
Jun21
Sep21
Dec21
Mar22
Jun22
EV-to-EBIT
76.97
72.04
93.55
87.63
114.01
Competitive Comparison
For the Health Information Services subindustry, Change Healthcare's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT data, can be viewed below:
* 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. Note that "N/A" values will not show up in the chart.
Change Healthcare EV-to-EBIT Distribution
For the Healthcare Providers & Services industry and Healthcare sector, Change Healthcare's EV-to-EBIT distribution charts can be found below:
* The bar in red indicates where Change Healthcare's EV-to-EBIT falls into.
Change Healthcare EV-to-EBIT Calculation
Change Healthcare's EV-to-EBIT for today is calculated as:
Change Healthcare's current Enterprise Value is $12,450 Mil.
Change Healthcare's EBIT for the trailing twelve months (TTM) ended in Jun. 2022 adds up the quarterly data reported by the company within the most recent 12 months, which was $105 Mil.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
This is a more accurate valuation of companies' operation because it considers 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.
Change Healthcare's Enterprise Value for the quarter that ended in Jun. 2022 was $12,006 Mil.
Change Healthcare's EBIT for the trailing twelve months (TTM) ended in Jun. 2022 adds up the quarterly data reported by the company within the most recent 12 months, which was $105 Mil.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Change Healthcare EV-to-EBIT Related Terms
Thank you for viewing the detailed overview of Change Healthcare's EV-to-EBIT provided by GuruFocus.com. Please click on the following links to see related term pages.
Change Healthcare is a spin-off of various healthcare processing and consulting services acquired by McKesson over numerous years. Recently, these processing assets were contributed to a joint venture and in June 2019 public shares were issued with McKesson retaining the majority interest. As of the end of the March 2020 quarter, McKesson distributed all its interest in the public processor. Core services consist of insurance (healthcare) claim clearinghouse for healthcare payers in addition to administrative and consulting services to assist healthcare providers improve reimbursement coding, billing, and collections.
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