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Cal-Maine Foods Inc (NAS:CALM)
EV/EBIT
7.53 (As of Today)

EV/EBIT ratio is calculated as enterprise value divided by its Earnings Before Interest and Taxes (EBIT). As of today, Cal-Maine Foods Inc's enterprise value is $1,645 Mil. Cal-Maine Foods Inc's earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Aug. 2016 was $218 Mil. Therefore, Cal-Maine Foods Inc's EV/EBIT ratio for today is 7.53.

CALM' s EV/EBIT Range Over the Past 10 Years
Min: -57.6   Max: 37.2
Current: 7.53

-57.6
37.2

During the past 13 years, the highest EV/EBIT Ratio of Cal-Maine Foods Inc was 37.20. The lowest was -57.60. And the median was 6.40.

CALM's EV/EBIT is ranked higher than
94% of the 1278 Companies
in the Global Packaged Foods industry.

( Industry Median: 16.09 vs. CALM: 7.53 )

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt). Cal-Maine Foods Inc's enterprise value for the quarter that ended in Aug. 2016 was $1,949 Mil. Cal-Maine Foods Inc's earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Aug. 2016 was $218 Mil. Cal-Maine Foods Inc's Earnings Yield (Joel Greenblatt) for the quarter that ended in Aug. 2016 was 11.21%.


Definition

Cal-Maine Foods Inc's EV/EBIT for today is calculated as:

EV/EBIT=Enterprise Value (Today)/Earnings Before Interest and Taxes (EBIT) (TTM)
=1644.868/218.472
=7.53

Cal-Maine Foods Inc's current Enterprise Value is $1,645 Mil.
Cal-Maine Foods Inc's Earnings Before Interest and Taxes (EBIT) for the trailing twelve months (TTM) ended in Aug. 2016 was 166.159 (Nov. 2015 ) + 85.771 (Feb. 2016 ) + 16.367 (May. 2016 ) + -49.825 (Aug. 2016 ) = $218 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).

Cal-Maine Foods Inc's Earnings Yield (Joel Greenblatt) for the quarter that ended in Aug. 2016 is calculated as:

Earnings Yield (Joel Greenblatt) (Q: Aug. 2016 )=EBIT (TTM)/Enterprise Value (Q: Aug. 2016 )
=218.472/1948.6292
=11.21 %

Cal-Maine Foods Inc's Enterprise Value for the quarter that ended in Aug. 2016 was $1,949 Mil.
Cal-Maine Foods Inc's Earnings Before Interest and Taxes (EBIT) for the trailing twelve months (TTM) ended in Aug. 2016 was 166.159 (Nov. 2015 ) + 85.771 (Feb. 2016 ) + 16.367 (May. 2016 ) + -49.825 (Aug. 2016 ) = $218 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.

Cal-Maine Foods Inc Annual Data

May07May08May09May10May11May12May13May14May15May16
ev2ebit 5.943.114.766.016.074.3211.398.7910.223.68

Cal-Maine Foods Inc Quarterly Data

May14Aug14Nov14Feb15May15Aug15Nov15Feb16May16Aug16
ev2ebit 8.798.528.946.9510.225.294.194.043.688.92
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