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Conagra Brands Inc (NYSE:CAG)
EV/EBIT
23.81 (As of Today)

EV/EBIT ratio is calculated as enterprise value divided by its Earnings Before Interest and Taxes (EBIT). As of today, Conagra Brands Inc's enterprise value is $21,005 Mil. Conagra Brands Inc's earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in May. 2016 was $882 Mil. Therefore, Conagra Brands Inc's EV/EBIT ratio for today is 23.81.

CAG' s EV/EBIT Range Over the Past 10 Years
Min: -293   Max: 326.8
Current: 20.4

-293
326.8

During the past 13 years, the highest EV/EBIT Ratio of Conagra Brands Inc was 326.80. The lowest was -293.00. And the median was 13.05.

CAG's EV/EBIT is ranked lower than
66% of the 1288 Companies
in the Global Packaged Foods industry.

( Industry Median: 15.09 vs. CAG: 20.40 )

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt). Conagra Brands Inc's enterprise value for the quarter that ended in May. 2016 was $20,352 Mil. Conagra Brands Inc's earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in May. 2016 was $882 Mil. Conagra Brands Inc's Earnings Yield (Joel Greenblatt) for the quarter that ended in May. 2016 was 4.33%.


Definition

Conagra Brands Inc's EV/EBIT for today is calculated as:

EV/EBIT=Enterprise Value (Today)/Earnings Before Interest and Taxes (EBIT) (TTM)
=21004.532/882
=23.81

Conagra Brands Inc's current Enterprise Value is $21,005 Mil.
Conagra Brands Inc's Earnings Before Interest and Taxes (EBIT) for the trailing twelve months (TTM) ended in May. 2016 was 295.6 (Aug. 2015 ) + 303.4 (Nov. 2015 ) + 311.3 (Feb. 2016 ) + -28.3 (May. 2016 ) = $882 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).

Conagra Brands Inc's Earnings Yield (Joel Greenblatt) for the quarter that ended in May. 2016 is calculated as:

Earnings Yield (Joel Greenblatt) (Q: May. 2016 )=EBIT (TTM)/Enterprise Value (Q: May. 2016 )
=882/20352.1136
=4.33 %

Conagra Brands Inc's Enterprise Value for the quarter that ended in May. 2016 was $20,352 Mil.
Conagra Brands Inc's Earnings Before Interest and Taxes (EBIT) for the trailing twelve months (TTM) ended in May. 2016 was 295.6 (Aug. 2015 ) + 303.4 (Nov. 2015 ) + 311.3 (Feb. 2016 ) + -28.3 (May. 2016 ) = $882 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.

Conagra Brands Inc Annual Data

May07May08May09May10May11May12May13May14May15May16
ev2ebit 13.5417.888.408.197.1913.0914.3620.31-127.2723.07

Conagra Brands Inc Quarterly Data

May14Aug14Nov14Feb15May15Aug15Nov15Feb16May16Aug16
ev2ebit 20.3121.1933.44-27.97-127.27-276.56318.9015.1123.0719.56
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