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Andersons Inc (NAS:ANDE)
EV/EBIT
11.59 (As of Today)

EV/EBIT ratio is calculated as enterprise value divided by its Earnings Before Interest and Taxes (EBIT). As of today, Andersons Inc's enterprise value is $1,323 Mil. Andersons Inc's earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2015 was $114 Mil. Therefore, Andersons Inc's EV/EBIT ratio for today is 11.59.

ANDE' s EV/EBIT Range Over the Past 10 Years
Min: -6311.3   Max: 44.6
Current: 11.17

-6311.3
44.6

During the past 13 years, the highest EV/EBIT Ratio of Andersons Inc was 44.60. The lowest was -6311.30. And the median was 10.30.

ANDE's EV/EBIT is ranked higher than
68% of the 305 Companies
in the Global Food Distribution industry.

( Industry Median: 15.65 vs. ANDE: 11.17 )

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt). Andersons Inc's enterprise value for the quarter that ended in Sep. 2015 was $1,457 Mil. Andersons Inc's earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2015 was $114 Mil. Andersons Inc's Earnings Yield (Joel Greenblatt) for the quarter that ended in Sep. 2015 was 7.84%.


Definition

Andersons Inc's EV/EBIT for today is calculated as:

EV/EBIT=Enterprise Value (Today)/Earnings Before Interest and Taxes (EBIT) (TTM)
=1323.299/114.151
=11.59

Andersons Inc's current Enterprise Value is $1,323 Mil.
Andersons Inc's Earnings Before Interest and Taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2015 was 44.99 (Dec. 2014 ) + 11.077 (Mar. 2015 ) + 54.392 (Jun. 2015 ) + 3.692 (Sep. 2015 ) = $114 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).

Andersons Inc's Earnings Yield (Joel Greenblatt) for the quarter that ended in Sep. 2015 is calculated as:

Earnings Yield (Joel Greenblatt) (Q: Sep. 2015 )=EBIT (TTM)/Enterprise Value (Q: Sep. 2015 )
=114.151/1456.6396
=7.84 %

Andersons Inc's Enterprise Value for the quarter that ended in Sep. 2015 was $1,457 Mil.
Andersons Inc's Earnings Before Interest and Taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2015 was 44.99 (Dec. 2014 ) + 11.077 (Mar. 2015 ) + 54.392 (Jun. 2015 ) + 3.692 (Sep. 2015 ) = $114 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.

Andersons Inc Annual Data

Dec05Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14
ev2ebit 10.1213.909.957.707.689.486.618.0510.668.85

Andersons Inc Quarterly Data

Jun13Sep13Dec13Mar14Jun14Sep14Dec14Mar15Jun15Sep15
ev2ebit 10.4011.3610.6612.138.608.558.8510.5311.6012.76
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