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ConAgra Foods Inc (NYSE:CAG)
EV/EBIT
24.22 (As of Today)

EV/EBIT ratio is calculated as enterprise value divided by its EBIT. As of today, ConAgra Foods Inc's enterprise value is $23,205 Mil. ConAgra Foods Inc's operating income for the trailing twelve months (TTM) ended in May. 2014 was $958 Mil. Therefore, ConAgra Foods Inc's EV/EBIT ratio for today is 24.22.

CAG' s 10-Year EV/EBIT Range
Min: 9   Max: 26.6
Current: 24.22

9
26.6

During the past 13 years, the highest EV/EBIT Ratio of ConAgra Foods Inc was 26.60. The lowest was 9.00. And the median was 15.10.

CAG's EV/EBITis ranked higher than
67% of the 1611 Companies
in the Global Packaged Foods industry.

( Industry Median: 19.54 vs. CAG: 24.22 )

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt). ConAgra Foods Inc's enterprise value for the quarter that ended in May. 2014 was $22,510 Mil. ConAgra Foods Inc's Operating Income for the trailing twelve months (TTM) ended in May. 2014 was $958 Mil. ConAgra Foods Inc's Earnings Yield (Joel Greenblatt) for the quarter that ended in May. 2014 was 4.26%.


Definition

ConAgra Foods Inc's EV/EBIT for today is calculated as:

EV/EBIT=Enterprise Value (Today)/Operating Income (TTM)
=23205.419/958.3
=24.22

ConAgra Foods Inc's current Enterprise Value is $23,205 Mil.
ConAgra Foods Inc's Operating Income for the trailing twelve months (TTM) ended in May. 2014 was 271.5 (Aug. 2013 ) + 442 (Nov. 2013 ) + 425 (Feb. 2014 ) + -180.2 (May. 2014 ) = $958 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).

ConAgra Foods Inc's Earnings Yield (Joel Greenblatt) for the quarter that ended in May. 2014 is calculated as:

Earnings Yield (Joel Greenblatt) (Q: May. 2014 )=Operating Income (TTM)/Enterprise Value (Q: May. 2014 )
=958.3/22510.345
=4.26 %

ConAgra Foods Inc's Enterprise Value for the quarter that ended in May. 2014 was $22,510 Mil.
ConAgra Foods Inc's Operating Income for the trailing twelve months (TTM) ended in May. 2014 was 271.5 (Aug. 2013 ) + 442 (Nov. 2013 ) + 425 (Feb. 2014 ) + -180.2 (May. 2014 ) = $958 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.

ConAgra Foods Inc Annual Data

May05May06May07May08May09May10May11May12May13May14
ev2ebit 14.6021.1816.5621.4510.4211.609.2815.9016.5823.49

ConAgra Foods Inc Quarterly Data

May12Aug12Nov12Feb13May13Aug13Nov13Feb14May14Aug14
ev2ebit 15.9012.6013.7725.7016.5818.6417.3014.0323.490.00
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