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Cal-Maine Foods Inc (NAS:CALM)
EV/EBIT
9.71 (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 $2,290 Mil. Cal-Maine Foods Inc's earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Feb. 2015 was $236 Mil. Therefore, Cal-Maine Foods Inc's EV/EBIT ratio for today is 9.71.

CALM' s 10-Year EV/EBIT Range
Min: -34.9   Max: 53.2
Current: 10.48

-34.9
53.2

During the past 13 years, the highest EV/EBIT Ratio of Cal-Maine Foods Inc was 53.20. The lowest was -34.90. And the median was 7.70.

CALM's EV/EBITis ranked higher than
72% of the 1087 Companies
in the Global Packaged Foods industry.

( Industry Median: 15.96 vs. CALM: 10.48 )

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 Feb. 2015 was $1,640 Mil. Cal-Maine Foods Inc's earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Feb. 2015 was $236 Mil. Cal-Maine Foods Inc's Earnings Yield (Joel Greenblatt) for the quarter that ended in Feb. 2015 was 14.38%.


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)
=2289.885/235.858
=9.71

Cal-Maine Foods Inc's current Enterprise Value is $2,290 Mil.
Cal-Maine Foods Inc's Earnings Before Interest and Taxes (EBIT) for the trailing twelve months (TTM) ended in Feb. 2015 was 67.073 (May. 2014 ) + 41.163 (Aug. 2014 ) + 55.597 (Nov. 2014 ) + 72.025 (Feb. 2015 ) = $236 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 Feb. 2015 is calculated as:

Earnings Yield (Joel Greenblatt) (Q: Feb. 2015 )=EBIT (TTM)/Enterprise Value (Q: Feb. 2015 )
=235.858/1640.2911
=14.38 %

Cal-Maine Foods Inc's Enterprise Value for the quarter that ended in Feb. 2015 was $1,640 Mil.
Cal-Maine Foods Inc's Earnings Before Interest and Taxes (EBIT) for the trailing twelve months (TTM) ended in Feb. 2015 was 67.073 (May. 2014 ) + 41.163 (Aug. 2014 ) + 55.597 (Nov. 2014 ) + 72.025 (Feb. 2015 ) = $236 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

May05May06May07May08May09May10May11May12May13May14
ev2ebit -19.0735.705.933.114.766.016.074.3211.778.79

Cal-Maine Foods Inc Quarterly Data

Nov12Feb13May13Aug13Nov13Feb14May14Aug14Nov14Feb15
ev2ebit 6.985.6811.7713.0112.4411.678.798.528.946.95
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