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

EV/EBIT ratio is calculated as enterprise value divided by its EBIT. As of today, Andersons Inc's enterprise value is $2,126 Mil. Andersons Inc's operating income for the trailing twelve months (TTM) ended in Mar. 2014 was $75 Mil. Therefore, Andersons Inc's EV/EBIT ratio for today is 28.70.

ANDE' s 10-Year EV/EBIT Range
Min: 5.2   Max: 31.9
Current: 28.7

5.2
31.9

During the past 13 years, the highest EV/EBIT Ratio of Andersons Inc was 31.90. The lowest was 5.20. And the median was 15.90.

ANDE's EV/EBITis ranked higher than
59% of the 517 Companies
in the Global Food Distribution industry.

( Industry Median: 15.68 vs. ANDE: 28.70 )

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt). Andersons Inc's enterprise value for the quarter that ended in Mar. 2014 was $2,274 Mil. Andersons Inc's Operating Income for the trailing twelve months (TTM) ended in Mar. 2014 was $75 Mil. Andersons Inc's Earnings Yield (Joel Greenblatt) for the quarter that ended in Mar. 2014 was 3.31%.


Definition

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

EV/EBIT=Enterprise Value (Today)/Operating Income (TTM)
=2126.413/75.317
=28.23

Andersons Inc's current Enterprise Value is $2,126 Mil.
Andersons Inc's Operating Income for the trailing twelve months (TTM) ended in Mar. 2014 was 41.765 (Jun. 2013 ) + 3.953 (Sep. 2013 ) + 23.809 (Dec. 2013 ) + 5.79 (Mar. 2014 ) = $75 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 Mar. 2014 is calculated as:

Earnings Yield (Joel Greenblatt) (Q: Mar. 2014 )=Operating Income (TTM)/Enterprise Value (Q: Mar. 2014 )
=75.317/2273.713
=3.31 %

Andersons Inc's Enterprise Value for the quarter that ended in Mar. 2014 was $2,274 Mil.
Andersons Inc's Operating Income for the trailing twelve months (TTM) ended in Mar. 2014 was 41.765 (Jun. 2013 ) + 3.953 (Sep. 2013 ) + 23.809 (Dec. 2013 ) + 5.79 (Mar. 2014 ) = $75 Mil.

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


Related Terms

Enterprise Value, Operating Income, Earnings Yield (Joel Greenblatt)


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

Dec04Dec05Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13
ev2ebit 10.5811.6220.1223.9016.2717.6713.629.2510.3120.93

Andersons Inc Quarterly Data

Dec11Mar12Jun12Sep12Dec12Mar13Jun13Sep13Dec13Mar14
ev2ebit 9.2512.0514.0611.1710.3116.6614.3019.1520.9330.19
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