Switch to:
Big Lots Inc (NYSE:BIG)
EV/EBIT
10.09 (As of Today)

EV/EBIT ratio is calculated as enterprise value divided by its Earnings Before Interest and Taxes (EBIT). As of today, Big Lots Inc's enterprise value is $2,321 Mil. Big Lots Inc's earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Apr. 2015 was $230 Mil. Therefore, Big Lots Inc's EV/EBIT ratio for today is 10.09.

BIG' s 10-Year EV/EBIT Range
Min: 4.4   Max: 59.4
Current: 10.32

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 8.60.

BIG's EV/EBITis ranked higher than
77% of the 294 Companies
in the Global Discount Stores industry.

( Industry Median: 15.80 vs. BIG: 10.32 )

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt). Big Lots Inc's enterprise value for the quarter that ended in Apr. 2015 was $2,431 Mil. Big Lots Inc's earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Apr. 2015 was $230 Mil. Big Lots Inc's Earnings Yield (Joel Greenblatt) for the quarter that ended in Apr. 2015 was 9.46%.


Definition

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

EV/EBIT=Enterprise Value (Today)/Earnings Before Interest and Taxes (EBIT) (TTM)
=2320.933/229.976
=10.09

Big Lots Inc's current Enterprise Value is $2,321 Mil.
Big Lots Inc's Earnings Before Interest and Taxes (EBIT) for the trailing twelve months (TTM) ended in Apr. 2015 was 27.942 (Jul. 2014 ) + -4.057 (Oct. 2014 ) + 153.418 (Jan. 2015 ) + 52.673 (Apr. 2015 ) = $230 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 Apr. 2015 is calculated as:

Earnings Yield (Joel Greenblatt) (Q: Apr. 2015 )=EBIT (TTM)/Enterprise Value (Q: Apr. 2015 )
=229.976/2430.8991
=9.46 %

Big Lots Inc's Enterprise Value for the quarter that ended in Apr. 2015 was $2,431 Mil.
Big Lots Inc's Earnings Before Interest and Taxes (EBIT) for the trailing twelve months (TTM) ended in Apr. 2015 was 27.942 (Jul. 2014 ) + -4.057 (Oct. 2014 ) + 153.418 (Jan. 2015 ) + 52.673 (Apr. 2015 ) = $230 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.

Big Lots Inc Annual Data

Jan06Jan07Jan08Jan09Jan10Jan11Jan12Jan13Jan14Jan15
ev2ebit 56.6715.506.374.466.286.077.266.556.7410.86

Big Lots Inc Quarterly Data

Jan13Apr13Jul13Oct13Jan14Apr14Jul14Oct14Jan15Apr15
ev2ebit 6.557.527.598.156.7410.5811.6813.4910.8610.57
Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)

GuruFocus Premium Plus Membership

FEEDBACK