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Big Lots Inc (NYSE:BIG)
EV/EBIT
13.84 (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 $2,399 Mil. Big Lots Inc's operating income for the trailing twelve months (TTM) ended in Jul. 2014 was $176 Mil. Therefore, Big Lots Inc's EV/EBIT ratio for today is 13.84.

BIG' s 10-Year EV/EBIT Range
Min: 4.4   Max: 59.4
Current: 13.84

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 8.70.

BIG's EV/EBITis ranked higher than
77% of the 535 Companies
in the Global Discount Stores industry.

( Industry Median: 15.69 vs. BIG: 13.84 )

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt). Big Lots Inc's enterprise value for the quarter that ended in Jul. 2014 was $2,448 Mil. Big Lots Inc's Operating Income for the trailing twelve months (TTM) ended in Jul. 2014 was $176 Mil. Big Lots Inc's Earnings Yield (Joel Greenblatt) for the quarter that ended in Jul. 2014 was 7.19%.


Definition

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

EV/EBIT=Enterprise Value (Today)/Operating Income (TTM)
=2398.741/176.063
=13.62

Big Lots Inc's current Enterprise Value is $2,399 Mil.
Big Lots Inc's Operating Income for the trailing twelve months (TTM) ended in Jul. 2014 was -11.985 (Oct. 2013 ) + 112.921 (Jan. 2014 ) + 47.185 (Apr. 2014 ) + 27.942 (Jul. 2014 ) = $176 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 Jul. 2014 is calculated as:

Earnings Yield (Joel Greenblatt) (Q: Jul. 2014 )=Operating Income (TTM)/Enterprise Value (Q: Jul. 2014 )
=176.063/2447.9051
=7.19 %

Big Lots Inc's Enterprise Value for the quarter that ended in Jul. 2014 was $2,448 Mil.
Big Lots Inc's Operating Income for the trailing twelve months (TTM) ended in Jul. 2014 was -11.985 (Oct. 2013 ) + 112.921 (Jan. 2014 ) + 47.185 (Apr. 2014 ) + 27.942 (Jul. 2014 ) = $176 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

Jan05Jan06Jan07Jan08Jan09Jan10Jan11Jan12Jan13Jan14
ev2ebit 20.9257.3315.806.514.466.296.087.266.557.79

Big Lots Inc Quarterly Data

Apr12Jul12Oct12Jan13Apr13Jul13Oct13Jan14Apr14Jul14
ev2ebit 6.768.347.076.557.527.598.417.7912.3713.90
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