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AGCO Corp (NYSE:AGCO)
EV/EBIT
12.12 (As of Today)

EV/EBIT ratio is calculated as enterprise value divided by its Earnings Before Interest and Taxes (EBIT). As of today, AGCO Corp's enterprise value is $6,083 Mil. AGCO Corp's earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2015 was $502 Mil. Therefore, AGCO Corp's EV/EBIT ratio for today is 12.12.

AGCO' s 10-Year EV/EBIT Range
Min: 3   Max: 66.1
Current: 12.31

3
66.1

During the past 13 years, the highest EV/EBIT Ratio of AGCO Corp was 66.10. The lowest was 3.00. And the median was 9.40.

AGCO's EV/EBITis ranked higher than
58% of the 106 Companies
in the Global Farm & Construction Equipment industry.

( Industry Median: 14.45 vs. AGCO: 12.31 )

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt). AGCO Corp's enterprise value for the quarter that ended in Mar. 2015 was $5,413 Mil. AGCO Corp's earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2015 was $502 Mil. AGCO Corp's Earnings Yield (Joel Greenblatt) for the quarter that ended in Mar. 2015 was 9.27%.


Definition

AGCO Corp's EV/EBIT for today is calculated as:

EV/EBIT=Enterprise Value (Today)/Earnings Before Interest and Taxes (EBIT) (TTM)
=6082.975/502
=12.12

AGCO Corp's current Enterprise Value is $6,083 Mil.
AGCO Corp's Earnings Before Interest and Taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2015 was 266.7 (Jun. 2014 ) + 108.7 (Sep. 2014 ) + 79.8 (Dec. 2014 ) + 46.8 (Mar. 2015 ) = $502 Mil.

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


Explanation

This is a more accurate valuation of companies' operation because it consider 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).

AGCO Corp's Earnings Yield (Joel Greenblatt) for the quarter that ended in Mar. 2015 is calculated as:

Earnings Yield (Joel Greenblatt) (Q: Mar. 2015 )=EBIT (TTM)/Enterprise Value (Q: Mar. 2015 )
=502/5412.802
=9.27 %

AGCO Corp's Enterprise Value for the quarter that ended in Mar. 2015 was $5,413 Mil.
AGCO Corp's Earnings Before Interest and Taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2015 was 266.7 (Jun. 2014 ) + 108.7 (Sep. 2014 ) + 79.8 (Dec. 2014 ) + 46.8 (Mar. 2015 ) = $502 Mil.

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


Related Terms

Enterprise Value, Earnings Yield (Joel Greenblatt), Earnings Before Interest and Taxes (EBIT)


Historical Data

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

AGCO Corp Annual Data

Dec05Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14
ev2ebit 8.3161.3618.043.9413.6115.188.037.936.818.08

AGCO Corp Quarterly Data

Dec12Mar13Jun13Sep13Dec13Mar14Jun14Sep14Dec14Mar15
ev2ebit 7.938.807.498.166.817.347.787.558.0810.78
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