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Ball Corp (NYSE:BLL)
EV/EBIT
14.47 (As of Today)

EV/EBIT ratio is calculated as enterprise value divided by its EBIT. As of today, Ball Corp's enterprise value is $12,535 Mil. Ball Corp's operating income for the trailing twelve months (TTM) ended in Mar. 2014 was $870 Mil. Therefore, Ball Corp's EV/EBIT ratio for today is 14.47.

BLL' s 10-Year EV/EBIT Range
Min: 3.3   Max: 15.8
Current: 14.47

3.3
15.8

During the past 13 years, the highest EV/EBIT Ratio of Ball Corp was 15.80. The lowest was 3.30. And the median was 11.90.

BLL's EV/EBITis ranked higher than
68% of the 301 Companies
in the Global Packaging & Containers industry.

( Industry Median: 16.96 vs. BLL: 14.47 )

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt). Ball Corp's enterprise value for the quarter that ended in Mar. 2014 was $11,433 Mil. Ball Corp's Operating Income for the trailing twelve months (TTM) ended in Mar. 2014 was $870 Mil. Ball Corp's Earnings Yield (Joel Greenblatt) for the quarter that ended in Mar. 2014 was 7.61%.


Definition

Ball Corp's EV/EBIT for today is calculated as:

EV/EBIT=Enterprise Value (Today)/Operating Income (TTM)
=12534.611/869.8
=14.41

Ball Corp's current Enterprise Value is $12,535 Mil.
Ball Corp's Operating Income for the trailing twelve months (TTM) ended in Mar. 2014 was 203.5 (Jun. 2013 ) + 211.6 (Sep. 2013 ) + 237.3 (Dec. 2013 ) + 217.4 (Mar. 2014 ) = $870 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).

Ball Corp's Earnings Yield (Joel Greenblatt) for the quarter that ended in Mar. 2014 is calculated as:

Earnings Yield (Joel Greenblatt) (Q: Mar. 2014 )=Operating Income (TTM)/Enterprise Value (Q: Mar. 2014 )
=869.8/11432.733
=7.61 %

Ball Corp's Enterprise Value for the quarter that ended in Mar. 2014 was $11,433 Mil.
Ball Corp's Operating Income for the trailing twelve months (TTM) ended in Mar. 2014 was 203.5 (Jun. 2013 ) + 211.6 (Sep. 2013 ) + 237.3 (Dec. 2013 ) + 217.4 (Mar. 2014 ) = $870 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.

Ball Corp Annual Data

Dec04Dec05Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13
ev2ebit 11.683.4113.4712.8410.2010.8611.1910.5912.6613.64

Ball Corp Quarterly Data

Dec11Mar12Jun12Sep12Dec12Mar13Jun13Sep13Dec13Mar14
ev2ebit 10.5912.5812.1912.3112.6614.4913.8014.1213.6413.14
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