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Beam Inc (NYSE:BEAM)
EV/EBIT
25.14 (As of Today)

EV/EBIT ratio is calculated as enterprise value divided by its EBIT. As of today, Beam Inc's enterprise value is $15,561 Mil. Beam Inc's operating income for the trailing twelve months (TTM) ended in Dec. 2013 was $619 Mil. Therefore, Beam Inc's EV/EBIT ratio for today is 25.14.

BEAM' s 10-Year EV/EBIT Range
Min: 8.7   Max: 69.9
Current: 25.14

8.7
69.9

During the past 13 years, the highest EV/EBIT Ratio of Beam Inc was 69.90. The lowest was 8.70. And the median was 14.40.

BEAM's EV/EBITis ranked higher than
71% of the 262 Companies
in the Global Beverages - Wineries & Distilleries industry.

( Industry Median: 18.15 vs. BEAM: 25.14 )

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt). Beam Inc's enterprise value for the quarter that ended in Dec. 2013 was $12,859 Mil. Beam Inc's Operating Income for the trailing twelve months (TTM) ended in Dec. 2013 was $619 Mil. Beam Inc's Earnings Yield (Joel Greenblatt) for the quarter that ended in Dec. 2013 was 4.81%.


Definition

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

EV/EBIT=Enterprise Value (Today)/Operating Income (TTM)
=15560.702/618.9
=25.14

Beam Inc's current Enterprise Value is $15,561 Mil.
Beam Inc's Operating Income for the trailing twelve months (TTM) ended in Dec. 2013 was 179 (Mar. 2013 ) + 160.1 (Jun. 2013 ) + 144.9 (Sep. 2013 ) + 134.9 (Dec. 2013 ) = $619 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).

Beam Inc's Earnings Yield (Joel Greenblatt) for the quarter that ended in Dec. 2013 is calculated as:

Earnings Yield (Joel Greenblatt) (Q: Dec. 2013 )=Operating Income (TTM)/Enterprise Value (Q: Dec. 2013 )
=618.9/12858.6442
=4.81 %

Beam Inc's Enterprise Value for the quarter that ended in Dec. 2013 was $12,859 Mil.
Beam Inc's Operating Income for the trailing twelve months (TTM) ended in Dec. 2013 was 179 (Mar. 2013 ) + 160.1 (Jun. 2013 ) + 144.9 (Sep. 2013 ) + 134.9 (Dec. 2013 ) = $619 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.

Beam Inc Annual Data

Dec04Dec05Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13
ev2ebit 9.1312.2910.799.6964.3217.9921.1822.1120.6920.78

Beam Inc Quarterly Data

Sep11Dec11Mar12Jun12Sep12Dec12Mar13Jun13Sep13Dec13
ev2ebit 22.7522.1127.0935.3326.3420.6919.8218.8219.5420.78
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