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Big Lots Inc (NYSE:BIG)
EV/EBIT
11.01 (As of Today)

EV/EBIT ratio is calculated as enterprise value divided by its EBIT. As of today, Big Lots Inc's enterprise value is $2,472 Mil. Big Lots Inc's operating income for the trailing twelve months (TTM) ended in Jan. 2015 was $224 Mil. Therefore, Big Lots Inc's EV/EBIT ratio for today is 11.01.

BIG' s 10-Year EV/EBIT Range
Min: 4.4   Max: 59.4
Current: 11.01

4.4
59.4

During the past 13 years, the highest EV/EBIT Ratio of Big Lots Inc was 59.40. The lowest was 4.40. And the median was 8.50.

BIG's EV/EBITis ranked higher than
89% of the 689 Companies
in the Global Discount Stores industry.

( Industry Median: 18.64 vs. BIG: 11.01 )

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt). Big Lots Inc's enterprise value for the quarter that ended in Jan. 2015 was $2,439 Mil. Big Lots Inc's Operating Income for the trailing twelve months (TTM) ended in Jan. 2015 was $224 Mil. Big Lots Inc's Earnings Yield (Joel Greenblatt) for the quarter that ended in Jan. 2015 was 9.20%.


Definition

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

EV/EBIT=Enterprise Value (Today)/Operating Income (TTM)
=2471.839/224.488
=11.01

Big Lots Inc's current Enterprise Value is $2,472 Mil.
Big Lots Inc's Operating Income for the trailing twelve months (TTM) ended in Jan. 2015 was 47.185 (Apr. 2014 ) + 27.942 (Jul. 2014 ) + -4.057 (Oct. 2014 ) + 153.418 (Jan. 2015 ) = $224 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).

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

Earnings Yield (Joel Greenblatt) (Q: Jan. 2015 )=Operating Income (TTM)/Enterprise Value (Q: Jan. 2015 )
=224.488/2438.9371
=9.20 %

Big Lots Inc's Enterprise Value for the quarter that ended in Jan. 2015 was $2,439 Mil.
Big Lots Inc's Operating Income for the trailing twelve months (TTM) ended in Jan. 2015 was 47.185 (Apr. 2014 ) + 27.942 (Jul. 2014 ) + -4.057 (Oct. 2014 ) + 153.418 (Jan. 2015 ) = $224 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.

Big Lots Inc Annual Data

Jan06Jan07Jan08Jan09Jan10Jan11Jan12Jan13Jan14Jan15
ev2ebit 57.3315.806.514.466.296.087.266.556.7410.86

Big Lots Inc Quarterly Data

Oct12Jan13Apr13Jul13Oct13Jan14Apr14Jul14Oct14Jan15
ev2ebit 7.076.557.527.598.156.7410.5811.6813.4910.86
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