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

EV/EBIT ratio is calculated as enterprise value divided by its Earnings Before Interest and Taxes (EBIT). As of today, Acuity Brands Inc's enterprise value is $11,588 Mil. Acuity Brands Inc's earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in May. 2016 was $443 Mil. Therefore, Acuity Brands Inc's EV/EBIT ratio for today is 26.17.

AYI' s EV/EBIT Range Over the Past 10 Years
Min: 4.6   Max: 26.4
Current: 26.16

4.6
26.4

During the past 13 years, the highest EV/EBIT Ratio of Acuity Brands Inc was 26.40. The lowest was 4.60. And the median was 12.90.

AYI's EV/EBIT is ranked lower than
72% of the 1713 Companies
in the Global Electronic Components industry.

( Industry Median: 13.37 vs. AYI: 26.16 )

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt). Acuity Brands Inc's enterprise value for the quarter that ended in May. 2016 was $11,309 Mil. Acuity Brands Inc's earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in May. 2016 was $443 Mil. Acuity Brands Inc's Earnings Yield (Joel Greenblatt) for the quarter that ended in May. 2016 was 3.92%.


Definition

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

EV/EBIT=Enterprise Value (Today)/Earnings Before Interest and Taxes (EBIT) (TTM)
=11588.235/442.8
=26.17

Acuity Brands Inc's current Enterprise Value is $11,588 Mil.
Acuity Brands Inc's Earnings Before Interest and Taxes (EBIT) for the trailing twelve months (TTM) ended in May. 2016 was 100.5 (Aug. 2015 ) + 113.5 (Nov. 2015 ) + 107.9 (Feb. 2016 ) + 120.9 (May. 2016 ) = $443 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 May. 2016 is calculated as:

Earnings Yield (Joel Greenblatt) (Q: May. 2016 )=EBIT (TTM)/Enterprise Value (Q: May. 2016 )
=442.8/11308.9536
=3.92 %

Acuity Brands Inc's Enterprise Value for the quarter that ended in May. 2016 was $11,309 Mil.
Acuity Brands Inc's Earnings Before Interest and Taxes (EBIT) for the trailing twelve months (TTM) ended in May. 2016 was 100.5 (Aug. 2015 ) + 113.5 (Nov. 2015 ) + 107.9 (Feb. 2016 ) + 120.9 (May. 2016 ) = $443 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.

Acuity Brands Inc Annual Data

Aug06Aug07Aug08Aug09Aug10Aug11Aug12Aug13Aug14Aug15
ev2ebit 9.137.616.8410.0412.0711.1413.0916.1217.1321.37

Acuity Brands Inc Quarterly Data

Feb14May14Aug14Nov14Feb15May15Aug15Nov15Feb16May16
ev2ebit 22.4418.3817.1318.5320.0220.0321.3724.4921.4525.54
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