Switch to:
Big Lots Inc (NYSE:BIG)
Enterprise Value
$2,269 Mil (As of Today)

Think of enterprise value as the theoretical takeover price. It is more comprehensive than market capitalization (market cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash and cash equivalents.

EV/EBIT ratio is calculated as enterprise value divided by its EBIT. As of today, Big Lots Inc's enterprise value is $2,269 Mil. Big Lots Inc's earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Apr. 2016 was $241 Mil. Therefore, Big Lots Inc's EV/EBIT ratio for today is 9.41.

EV/EBITDA ratio is calculated as enterprise value divided by its EBITDA. As of today, Big Lots Inc's enterprise value is $2,269 Mil. Big Lots Inc's earnings before depreciation and amortization for the trailing twelve months (TTM) ended in Apr. 2016 was $362 Mil. Therefore, Big Lots Inc's EV/EBITDA ratio for today is 6.26.

EV/Revenue ratio is calculated as enterprise value divided by its Revenue. As of today, Big Lots Inc's enterprise value is $2,269 Mil. Big Lots Inc's revenue for the trailing twelve months (TTM) ended in Apr. 2016 was $5,223 Mil. Therefore, Big Lots Inc's EV/Revenue ratio for today is 0.43.


Definition

Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash and cash equivalents.

Big Lots Inc's Enterprise Value for the fiscal year that ended in Jan. 2016 is calculated as

Enterprise Value (A: Jan. 2016 )
=Market Cap+Preferred Stock+Long-Term Debt
=1904.098+0+62.3
+Short-Term Debt Without Lease+Minority Interest-Cash and Cash Equivalents
+0+0-54.144
=1,912

Big Lots Inc's Enterprise Value for the quarter that ended in Apr. 2016 is calculated as

Enterprise Value (Q: Apr. 2016 )
=Market Cap+Preferred Stock+Long-Term Debt
=2278.3248+0+153.8
+Short-Term Debt Without Lease+Minority Interest-Cash and Cash Equivalents
+0+0-64.39
=2,368

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.


Explanation

When an investor buy a company, the investor needs to pay not only the common shares, he/she also needs to pay the shareholders of Preferred Stocks. He also assumes the debt of the company, and receives the cash on the company's balance sheet.

If a company has more cash than debt, the investor actually pays less than the Market Cap because he immediately owns the cash once the transaction goes through.

The market value of Preferred Stock needs to be added to the market value of common stocks in the calculation of enterprise value.

For the companies with the same Market Cap, the smaller the Enterprise Value is, the cheaper the company is.

Enterprise Value can be negative when the company's net cash is more than its Market Cap. In this case the investor is basically getting the company for free and get paid for that.

1. EV/EBIT ratio is calculated as enterprise value divided by its EBIT.

Big Lots Inc's EV/EBIT for today is

Big Lots Inc's current Enterprise Value is $2,269 Mil.
Big Lots Inc's Earnings Before Interest and Taxes (EBIT) for the trailing twelve months (TTM) ended in Apr. 2016 was 28.795 (Jul. 2015 ) + -2.831 (Oct. 2015 ) + 151.896 (Jan. 2016 ) + 63.249 (Apr. 2016 ) = $241 Mil.

2. EV/EBITDA ratio is calculated as enterprise value divided by its EBITDA.

Big Lots Inc's EV/EBITDA for today is:

Big Lots Inc's current Enterprise Value is $2,269 Mil.
Big Lots Inc's Earnings Before Depreciation and Amortization for the trailing twelve months (TTM) ended in Apr. 2016 was 59.787 (Jul. 2015 ) + 27.34 (Oct. 2015 ) + 182.245 (Jan. 2016 ) + 92.948 (Apr. 2016 ) = $362 Mil.

3. EV/Revenue ratio is calculated as enterprise value divided by its Revenue.

Big Lots Inc's EV/Revenue for today is:

EV/Revenue ratio=Enterprise Value (Today)/Revenue (TTM)
=2269.498/5222.702
=0.43

Big Lots Inc's current Enterprise Value is $2,269 Mil.
Big Lots Inc's Earnings Before Depreciation and Amortization for the trailing twelve months (TTM) ended in Apr. 2016 was 1209.686 (Jul. 2015 ) + 1116.474 (Oct. 2015 ) + 1583.967 (Jan. 2016 ) + 1312.575 (Apr. 2016 ) = $5,223 Mil.

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.


Related Terms

Market Cap, Preferred Stock, Long-Term Debt, Cash and Cash Equivalents


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.

Big Lots Inc Annual Data

Jan07Jan08Jan09Jan10Jan11Jan12Jan13Jan14Jan15Jan16
ev 2,5741,5621,1312,0442,1712,5092,0551,5612,4391,912

Big Lots Inc Quarterly Data

Jan14Apr14Jul14Oct14Jan15Apr15Jul15Oct15Jan16Apr16
ev 1,5502,2832,4212,7802,4392,4312,4062,5361,9122,368
Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)
FEEDBACK