GURUFOCUS.COM » STOCK LIST » Basic Materials » Agriculture » Corteva Inc (NYSE:CTVA) » Definitions » EV-to-EBIT

Corteva (Corteva) EV-to-EBIT

: 28.02 (As of Today)
View and export this data going back to 2019. Start your Free Trial

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Corteva's Enterprise Value is $37,158 Mil. Corteva's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was $1,326 Mil. Therefore, Corteva's EV-to-EBIT for today is 28.02.

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

CTVA' s EV-to-EBIT Range Over the Past 10 Years
Min: -122.27   Med: 25.22   Max: 55.71
Current: 28.02

During the past 8 years, the highest EV-to-EBIT of Corteva was 55.71. The lowest was -122.27. And the median was 25.22.

CTVA's EV-to-EBIT is ranked worse than
84.49% of 187 companies
in the Agriculture industry
Industry Median: 11.65 vs CTVA: 28.02

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Corteva's Enterprise Value for the quarter that ended in Dec. 2023 was $33,593 Mil. Corteva's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was $1,326 Mil. Corteva's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 3.95%.


Corteva EV-to-EBIT Historical Data

The historical data trend for Corteva'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.

Corteva Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EV-to-EBIT
Premium Member Only Premium Member Only Premium Member Only -115.15 36.58 13.11 26.69 25.33

Corteva 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 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 26.69 28.91 30.53 28.06 25.33

Competitive Comparison

For the Agricultural Inputs subindustry, Corteva'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.


Corteva EV-to-EBIT Distribution

For the Agriculture industry and Basic Materials sector, Corteva's EV-to-EBIT distribution charts can be found below:

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



Corteva EV-to-EBIT Calculation

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

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=37158.069/1326
=28.02

Corteva's current Enterprise Value is $37,158 Mil.
Corteva'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 $1,326 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.


Corteva  (NYSE:CTVA) 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) %.

Corteva'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 )
=1326/33593.3792
=3.95 %

Corteva's Enterprise Value for the quarter that ended in Dec. 2023 was $33,593 Mil.
Corteva'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 $1,326 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.


Corteva EV-to-EBIT Related Terms

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


Corteva (Corteva) Business Description

Address
974 Centre Road, Wilmington, DE, USA, 19805
Corteva is an agriculture pure play that was formed in 2019 when it was spun off from DowDuPont. The company is a leader in the development of new seed and crop chemicals products. Seeds and crop protection chemicals each make up around half of profits. Although Corteva operates globally, around half of revenue comes from North America.
Executives
Samuel R Eathington officer: SVP, Chief Technology Officer C/O CORTEVA, INC., 974 CENTRE ROAD, BLDG. 735, WILMINGTON DE 19805
Robert D. King officer: EVP, Crop Protection Business C/O CORTEVA, INC., 9330 ZIONSVILLE ROAD, INDIANAPOLIS IN 46268
Timothy P Glenn officer: See Remarks C/O CORTEVA, INC., 974 CENTRE ROAD, BLDG. 735, WILMINGTON DE 19805
Fuerer Cornel B director, officer: See Remarks C/O CORTEVA, INC., 974 CENTRE ROAD, BLDG. 735, WILMINGTON DE 19805
David J Anderson officer: EVP, Chief Financial Officer C/O HONEYWELL INTERNATIONAL INC, 101 COLUMBIA ROAD, MORRISTOWN NJ 09762
Charles V. Magro director, officer: CEO C/O CORTEVA, INC., 974 CENTRE ROAD, CRP 735, WILMINGTON DE 19805
Audrey Grimm officer: See Remarks C/O CORTEVA, INC., 9330 ZIONSVILLE ROAD, INDIANAPOLIS IN 46268
Klaus A Engel director C/O CORTEVA, INC., 974 CENTRE ROAD, BLDG. 735, WILMINGTON DE 19805
Meghan Cassidy officer: See Remarks C/O CORTEVA, INC., 974 CENTRE ROAD, BLDG. 735, WILMINGTON DE 19805
Brian Titus officer: See Remarks C/O CORTEVA, INC., 974 CENTRE ROAD, BLDG. 735, WILMINGTON DE 19805
Rajan Gajaria officer: See Remarks C/O CORTEVA, INC., 974 CENTRE ROAD, BLDG. 735, WILMINGTON DE 19805
Janet Plaut Giesselman director 25435 HARVARD RD., BEACHWOOD OH 44122
Kerry J Preete director 800 NORTH LINDBERGH BLVD., ST. LOUIS MO 63167
David C Everitt director DEERE & COMPANY, ONE JOHN DEERE PLACE, MOLINE IL 61265
Karen H. Grimes director TOLL BROTHERS, INC., 1140 VIRGINIA DRIVE, FORT WASHINGTON PA 19034

Corteva (Corteva) Headlines