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

EV/EBIT ratio is calculated as enterprise value divided by its Earnings Before Interest and Taxes (EBIT). As of today, ConAgra Foods Inc's enterprise value is $25,443 Mil. ConAgra Foods Inc's earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in May. 2016 was $882 Mil. Therefore, ConAgra Foods Inc's EV/EBIT ratio for today is 28.85.

CAG' s EV/EBIT Range Over the Past 10 Years
Min: 8.6   Max: 29.5
Current: 28.84

8.6
29.5

During the past 13 years, the highest EV/EBIT Ratio of ConAgra Foods Inc was 29.50. The lowest was 8.60. And the median was 17.10.

CAG's EV/EBIT is ranked lower than
74% of the 1278 Companies
in the Global Packaged Foods industry.

( Industry Median: 16.09 vs. CAG: 28.84 )

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. 2016 was $24,794 Mil. ConAgra Foods Inc's earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in May. 2016 was $882 Mil. ConAgra Foods Inc's Earnings Yield (Joel Greenblatt) for the quarter that ended in May. 2016 was 3.56%.


Definition

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

EV/EBIT=Enterprise Value (Today)/Earnings Before Interest and Taxes (EBIT) (TTM)
=25442.797/882
=28.85

ConAgra Foods Inc's current Enterprise Value is $25,443 Mil.
ConAgra Foods 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 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. 2016 is calculated as:

Earnings Yield (Joel Greenblatt) (Q: May. 2016 )=EBIT (TTM)/Enterprise Value (Q: May. 2016 )
=882/24794.042
=3.56 %

ConAgra Foods Inc's Enterprise Value for the quarter that ended in May. 2016 was $24,794 Mil.
ConAgra Foods 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 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.

ConAgra Foods Inc Annual Data

May07May08May09May10May11May12May13May14May15May16
ev2ebit 16.5621.4310.429.978.7916.0218.1619.5818.3028.11

ConAgra Foods Inc Quarterly Data

Feb14May14Aug14Nov14Feb15May15Aug15Nov15Feb16May16
ev2ebit 16.3319.5820.2322.8122.7318.3018.1118.7817.7828.11
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