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NICE (NICE) EV-to-EBIT : 29.89 (As of Apr. 26, 2024)


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What is NICE EV-to-EBIT?

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, NICE's Enterprise Value is $13,793 Mil. NICE's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was $461 Mil. Therefore, NICE's EV-to-EBIT for today is 29.89.

The historical rank and industry rank for NICE's EV-to-EBIT or its related term are showing as below:

NICE' s EV-to-EBIT Range Over the Past 10 Years
Min: 17.94   Med: 34.2   Max: 60.65
Current: 29.89

During the past 13 years, the highest EV-to-EBIT of NICE was 60.65. The lowest was 17.94. And the median was 34.20.

NICE's EV-to-EBIT is ranked worse than
69.36% of 1658 companies
in the Software industry
Industry Median: 17.375 vs NICE: 29.89

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. NICE's Enterprise Value for the quarter that ended in Dec. 2023 was $11,932 Mil. NICE's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was $461 Mil. NICE's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 3.87%.


NICE EV-to-EBIT Historical Data

The historical data trend for NICE'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.

NICE EV-to-EBIT Chart

NICE Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EV-to-EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 35.30 56.06 60.04 30.35 24.64

NICE Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
EV-to-EBIT Get a 7-Day Free Trial 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 30.35 34.04 29.99 23.76 24.64

Competitive Comparison of NICE's EV-to-EBIT

For the Software - Application subindustry, NICE'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.


NICE's EV-to-EBIT Distribution in the Software Industry

For the Software industry and Technology sector, NICE's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where NICE's EV-to-EBIT falls into.



NICE EV-to-EBIT Calculation

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

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=13792.702/461.401
=29.89

NICE's current Enterprise Value is $13,793 Mil.
NICE's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $461 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.


NICE  (NAS:NICE) EV-to-EBIT Explanation

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.

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %.

NICE's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 is calculated as:

Earnings Yield (Joel Greenblatt) % (Q: Dec. 2023 ) =EBIT / Enterprise Value (Q: Dec. 2023 )
=461.401/11931.828357
=3.87 %

NICE's Enterprise Value for the quarter that ended in Dec. 2023 was $11,932 Mil.
NICE's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $461 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.


NICE EV-to-EBIT Related Terms

Thank you for viewing the detailed overview of NICE's EV-to-EBIT provided by GuruFocus.com. Please click on the following links to see related term pages.


NICE (NICE) Business Description

Traded in Other Exchanges
Address
13 Zarchin Street, P.O. Box 690, NICE 1, 2, 3, Ra'anana, ISR, 4310602
Nice is an enterprise software company that serves the customer engagement and financial crime and compliance markets. The company provides data analytics-based solutions through both a cloud platform and on-premises infrastructure. Within customer engagement, Nice's CXone platform delivers solutions focused on contact center software and workforce engagement management, or WEM. Contact center offerings include solutions for digital self-service, customer journey and experience optimization, and compliance. WEM products optimize call center efficiency, leveraging data and AI analytics for call volume forecasting and agent scheduling. Within financial crime and compliance, Nice offers risk and investigation management, fraud prevention, anti-money laundering, and compliance solutions.