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EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, ITC Holdings's Enterprise Value is $6,978 Mil. ITC Holdings's EBIT for the trailing twelve months (TTM) ended in Jun. 2016 was $560 Mil. Therefore, ITC Holdings's EV-to-EBIT for today is 12.46.
The historical rank and industry rank for ITC Holdings's EV-to-EBIT or its related term are showing as below:
Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. ITC Holdings's Enterprise Value for the quarter that ended in Jun. 2016 was $11,773 Mil. ITC Holdings's EBIT for the trailing twelve months (TTM) ended in Jun. 2016 was $560 Mil. ITC Holdings's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2016 was 4.76%.
The historical data trend for ITC Holdings'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.
ITC Holdings Annual Data | |||||||||||||||||||||
Trend | Dec06 | Dec07 | Dec08 | Dec09 | Dec10 | Dec11 | Dec12 | Dec13 | Dec14 | Dec15 | |||||||||||
EV-to-EBIT | Get a 7-Day Free Trial | 15.68 | 15.61 | 17.35 | 17.46 | 18.61 |
ITC Holdings Quarterly Data | ||||||||||||||||||||
Sep11 | Dec11 | Mar12 | Jun12 | Sep12 | Dec12 | Mar13 | Jun13 | Sep13 | Dec13 | Mar14 | Jun14 | Sep14 | Dec14 | Mar15 | Jun15 | Sep15 | Dec15 | Mar16 | Jun16 | |
EV-to-EBIT | Get a 7-Day Free Trial | 15.80 | 16.63 | 18.61 | 20.04 | 21.02 |
For the Utilities - Regulated Electric subindustry, ITC Holdings'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.
For the Utilities - Regulated industry and Utilities sector, ITC Holdings's EV-to-EBIT distribution charts can be found below:
* The bar in red indicates where ITC Holdings's EV-to-EBIT falls into.
ITC Holdings's EV-to-EBIT for today is calculated as:
EV-to-EBIT | = | Enterprise Value (Today) | / | EBIT (TTM) |
= | 6978.430 | / | 560.163 | |
= | 12.46 |
ITC Holdings's current Enterprise Value is $6,978 Mil.
ITC Holdings's EBIT for the trailing twelve months (TTM) ended in Jun. 2016 adds up the quarterly data reported by the company within the most recent 12 months, which was $560 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.
ITC Holdings (NYSE:ITC) 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) %.
ITC Holdings's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2016 is calculated as:
Earnings Yield (Joel Greenblatt) % (Q: Jun. 2016 ) | = | EBIT | / | Enterprise Value (Q: Jun. 2016 ) |
= | 560.163 | / | 11772.6193 | |
= | 4.76 % |
ITC Holdings's Enterprise Value for the quarter that ended in Jun. 2016 was $11,773 Mil.
ITC Holdings's EBIT for the trailing twelve months (TTM) ended in Jun. 2016 adds up the quarterly data reported by the company within the most recent 12 months, which was $560 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.
Thank you for viewing the detailed overview of ITC Holdings's EV-to-EBIT provided by GuruFocus.com. Please click on the following links to see related term pages.
Edward G Jepsen | director | C/O AMPHENOL CORPORATION, 358 HALL AVENUE, WALLINGFORD CT 06492 |
Rejji P Hayes | officer: EVP & CFO | ONE ENERGY PLAZA, JACKSON MI 49201 |
Thomas G Stephens | director | 777 JOSLYN ROAD, MC 483 720 540, PONTIAC MI 48340-2925 |
Dave R Lopez | director | 100 N BROADWAY, OKLAHOMA CITY OK 73102 |
Lee C Stewart | director | PO BOX 816, SHARON CT 06069 |
Chris Franklin | director | 762 W.LANCASTER AVE, BRYN MAWR PA 19010 |
Cameron M Bready | officer: EVP & Chief Financial Officer | 3550 LENOX RD, ATLANTA GA 30326 |
Watts J C Jr | director |
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