Switch to:
GuruFocus has detected 8 Warning Signs with Big Lots Inc $BIG.
More than 500,000 people have already joined GuruFocus to track the stocks they follow and exchange investment ideas.
Big Lots Inc (NYSE:BIG)
EV-to-EBIT
10.27 (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 $2,634 Mil. Big Lots Inc's earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Oct. 2016 was $256 Mil. Therefore, Big Lots Inc's EV/EBIT ratio for today is 10.27.

BIG' s EV-to-EBIT Range Over the Past 10 Years
Min: 4.5   Max: 52.6
Current: 10.27

4.5
52.6

During the past 13 years, the highest EV/EBIT Ratio of Big Lots Inc was 52.60. The lowest was 4.50. And the median was 8.60.

BIG's EV-to-EBIT is ranked higher than
75% of the 265 Companies
in the Global Discount Stores industry.

( Industry Median: 14.08 vs. BIG: 10.27 )

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt). Big Lots Inc's enterprise value for the quarter that ended in Oct. 2016 was $2,221 Mil. Big Lots Inc's earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Oct. 2016 was $256 Mil. Big Lots Inc's Earnings Yield (Joel Greenblatt) for the quarter that ended in Oct. 2016 was 11.54%.


Definition

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

EV/EBIT=Enterprise Value (Today)/Earnings Before Interest and Taxes (EBIT) (TTM)
=2633.639/256.337
=10.27

Big Lots Inc's current Enterprise Value is $2,634 Mil.
Big Lots Inc's Earnings Before Interest and Taxes (EBIT) for the trailing twelve months (TTM) ended in Oct. 2016 was 151.896 (Jan. 2016 ) + 63.249 (Apr. 2016 ) + 38.549 (Jul. 2016 ) + 2.643 (Oct. 2016 ) = $256 Mil.

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's 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 Oct. 2016 is calculated as:

Earnings Yield (Joel Greenblatt) (Q: Oct. 2016 )=EBIT (TTM)/Enterprise Value (Q: Oct. 2016 )
=256.337/2220.569
=11.54 %

Big Lots Inc's Enterprise Value for the quarter that ended in Oct. 2016 was $2,221 Mil.
Big Lots Inc's Earnings Before Interest and Taxes (EBIT) for the trailing twelve months (TTM) ended in Oct. 2016 was 151.896 (Jan. 2016 ) + 63.249 (Apr. 2016 ) + 38.549 (Jul. 2016 ) + 2.643 (Oct. 2016 ) = $256 Mil.

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's 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 local exchange's currency.

Big Lots Inc Annual Data

Jan07Jan08Jan09Jan10Jan11Jan12Jan13Jan14Jan15Jan16
ev2ebit 15.046.464.486.306.087.316.276.7410.868.29

Big Lots Inc Quarterly Data

Jul14Oct14Jan15Apr15Jul15Oct15Jan16Apr16Jul16Oct16
ev2ebit 11.6813.4910.8610.5710.4210.938.299.1710.158.66
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)
FEEDBACK