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AutoZone Inc (NYSE:AZO)
EV/EBIT
13.34 (As of Today)

EV/EBIT ratio is calculated as enterprise value divided by its Earnings Before Interest and Taxes (EBIT). As of today, AutoZone Inc's enterprise value is $25,559 Mil. AutoZone Inc's earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in May. 2015 was $1,916 Mil. Therefore, AutoZone Inc's EV/EBIT ratio for today is 13.34.

AZO' s 10-Year EV/EBIT Range
Min: 6.8   Max: 14.4
Current: 13.34

6.8
14.4

During the past 13 years, the highest EV/EBIT Ratio of AutoZone Inc was 14.40. The lowest was 6.80. And the median was 10.10.

AZO's EV/EBITis ranked higher than
59% of the 716 Companies
in the Global Specialty Retail industry.

( Industry Median: 15.25 vs. AZO: 13.34 )

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt). AutoZone Inc's enterprise value for the quarter that ended in May. 2015 was $25,424 Mil. AutoZone Inc's earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in May. 2015 was $1,916 Mil. AutoZone Inc's Earnings Yield (Joel Greenblatt) for the quarter that ended in May. 2015 was 7.54%.


Definition

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

EV/EBIT=Enterprise Value (Today)/Earnings Before Interest and Taxes (EBIT) (TTM)
=25558.829/1915.831
=13.34

AutoZone Inc's current Enterprise Value is $25,559 Mil.
AutoZone Inc's Earnings Before Interest and Taxes (EBIT) for the trailing twelve months (TTM) ended in May. 2015 was 632.051 (Aug. 2014 ) + 408.562 (Nov. 2014 ) + 361.269 (Feb. 2015 ) + 513.949 (May. 2015 ) = $1,916 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).

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

Earnings Yield (Joel Greenblatt) (Q: May. 2015 )=EBIT (TTM)/Enterprise Value (Q: May. 2015 )
=1915.831/25423.9298
=7.54 %

AutoZone Inc's Enterprise Value for the quarter that ended in May. 2015 was $25,424 Mil.
AutoZone Inc's Earnings Before Interest and Taxes (EBIT) for the trailing twelve months (TTM) ended in May. 2015 was 632.051 (Aug. 2014 ) + 408.562 (Nov. 2014 ) + 361.269 (Feb. 2015 ) + 513.949 (May. 2015 ) = $1,916 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.

AutoZone Inc Annual Data

Aug05Aug06Aug07Aug08Aug09Aug10Aug11Aug12Aug13Aug14
ev2ebit 9.258.119.209.488.579.2810.4010.4610.3911.80

AutoZone Inc Quarterly Data

Feb13May13Aug13Nov13Feb14May14Aug14Nov14Feb15May15
ev2ebit 10.5410.8210.3910.9212.2011.7511.8012.2213.1813.27
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