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Acuity Brands Inc (NYSE:AYI)
EV/EBIT
21.70 (As of Today)

EV/EBIT ratio is calculated as enterprise value divided by its EBIT. As of today, Acuity Brands Inc's enterprise value is $5,389 Mil. Acuity Brands Inc's operating income for the trailing twelve months (TTM) ended in Feb. 2014 was $264 Mil. Therefore, Acuity Brands Inc's EV/EBIT ratio for today is 21.70.

AYI' s 10-Year EV/EBIT Range
Min: 4.7   Max: 24.4
Current: 21.7

4.7
24.4

During the past 13 years, the highest EV/EBIT Ratio of Acuity Brands Inc was 24.40. The lowest was 4.70. And the median was 11.30.

AYI's EV/EBITis ranked lower than
53% of the 1925 Companies
in the Global Electronic Components industry.

( Industry Median: 15.73 vs. AYI: 21.70 )

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt). Acuity Brands Inc's enterprise value for the quarter that ended in Feb. 2014 was $0 Mil. Acuity Brands Inc's Operating Income for the trailing twelve months (TTM) ended in Feb. 2014 was $264 Mil. Acuity Brands Inc's Earnings Yield (Joel Greenblatt) for the quarter that ended in Feb. 2014 was 0.00%.


Definition

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

EV/EBIT=Enterprise Value (Today)/Operating Income (TTM)
=5389.245/264
=20.41

Acuity Brands Inc's current Enterprise Value is $5,389 Mil.
Acuity Brands Inc's Operating Income for the trailing twelve months (TTM) ended in Feb. 2014 was 50 (May. 2013 ) + 78.2 (Aug. 2013 ) + 77.4 (Nov. 2013 ) + 58.4 (Feb. 2014 ) = $264 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).

Acuity Brands Inc's Earnings Yield (Joel Greenblatt) for the quarter that ended in Feb. 2014 is calculated as:

Earnings Yield (Joel Greenblatt) (Q: Feb. 2014 )=Operating Income (TTM)/Enterprise Value (Q: Feb. 2014 )
=264/0
= %

Acuity Brands Inc's Enterprise Value for the quarter that ended in Feb. 2014 was $0 Mil.
Acuity Brands Inc's Operating Income for the trailing twelve months (TTM) ended in Feb. 2014 was 50 (May. 2013 ) + 78.2 (Aug. 2013 ) + 77.4 (Nov. 2013 ) + 58.4 (Feb. 2014 ) = $264 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.

Acuity Brands Inc Annual Data

Aug04Aug05Aug06Aug07Aug08Aug09Aug10Aug11Aug12Aug13
ev2ebit 8.7212.819.337.787.0310.2411.3811.0913.2216.38

Acuity Brands Inc Quarterly Data

Nov11Feb12May12Aug12Nov12Feb13May13Aug13Nov13Feb14
ev2ebit 11.6914.1511.8413.2214.1214.0415.8016.3817.270.00
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