GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Tenet Healthcare Corp (FRA:THC1) » Definitions » EV-to-EBIT

Tenet Healthcare (FRA:THC1) EV-to-EBIT : 4.50 (As of May. 31, 2024)


View and export this data going back to . Start your Free Trial

What is Tenet Healthcare EV-to-EBIT?

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Tenet Healthcare's Enterprise Value is €21,670 Mil. Tenet Healthcare's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 was €4,811 Mil. Therefore, Tenet Healthcare's EV-to-EBIT for today is 4.50.

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

FRA:THC1' s EV-to-EBIT Range Over the Past 10 Years
Min: 4.48   Med: 15.13   Max: 50.18
Current: 4.48

During the past 13 years, the highest EV-to-EBIT of Tenet Healthcare was 50.18. The lowest was 4.48. And the median was 15.13.

FRA:THC1's EV-to-EBIT is ranked better than
93.44% of 427 companies
in the Healthcare Providers & Services industry
Industry Median: 17.91 vs FRA:THC1: 4.48

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Tenet Healthcare's Enterprise Value for the quarter that ended in Mar. 2024 was €22,872 Mil. Tenet Healthcare's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 was €4,811 Mil. Tenet Healthcare's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 21.03%.


Tenet Healthcare EV-to-EBIT Historical Data

The historical data trend for Tenet 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.

Tenet Healthcare EV-to-EBIT Chart

Tenet Healthcare 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 15.95 12.17 8.99 10.15 10.02

Tenet Healthcare Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 10.74 11.12 10.55 10.02 4.77

Competitive Comparison of Tenet Healthcare's EV-to-EBIT

For the Medical Care Facilities subindustry, Tenet 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.


Tenet Healthcare's EV-to-EBIT Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Tenet Healthcare's EV-to-EBIT distribution charts can be found below:

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



Tenet Healthcare EV-to-EBIT Calculation

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

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=21670.225/4810.763
=4.50

Tenet Healthcare's current Enterprise Value is €21,670 Mil.
Tenet Healthcare's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was €4,811 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.


Tenet Healthcare  (FRA:THC1) 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) %.

Tenet Healthcare's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 is calculated as:

Earnings Yield (Joel Greenblatt) % (Q: Mar. 2024 ) =EBIT / Enterprise Value (Q: Mar. 2024 )
=4810.763/22872.1645
=21.03 %

Tenet Healthcare's Enterprise Value for the quarter that ended in Mar. 2024 was €22,872 Mil.
Tenet Healthcare's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was €4,811 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.


Tenet Healthcare EV-to-EBIT Related Terms

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


Tenet Healthcare (FRA:THC1) Business Description

Traded in Other Exchanges
Address
14201 Dallas Parkway, Dallas, TX, USA, 75254
Tenet Healthcare is a Dallas-based healthcare services organization. It operates a collection of hospitals (about 60 as of June 2023) and over 550 ambulatory surgery centers and other outpatient facilities across the U.S., primarily in the South. Through its Conifer segment, Tenet also provides revenue cycle management solutions.

Tenet Healthcare (FRA:THC1) Headlines

No Headlines