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Cato Corp (NYSE:CATO)
EV/EBIT
7.58 (As of Today)

EV/EBIT ratio is calculated as enterprise value divided by its Earnings Before Interest and Taxes (EBIT). As of today, Cato Corp's enterprise value is $753 Mil. Cato Corp's earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Apr. 2016 was $99 Mil. Therefore, Cato Corp's EV/EBIT ratio for today is 7.58.

CATO' s EV/EBIT Range Over the Past 10 Years
Min: 3.7   Max: 10.6
Current: 7.59

3.7
10.6

During the past 13 years, the highest EV/EBIT Ratio of Cato Corp was 10.60. The lowest was 3.70. And the median was 7.00.

CATO's EV/EBIT is ranked higher than
78% of the 729 Companies
in the Global Apparel Stores industry.

( Industry Median: 13.11 vs. CATO: 7.59 )

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt). Cato Corp's enterprise value for the quarter that ended in Apr. 2016 was $721 Mil. Cato Corp's earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Apr. 2016 was $99 Mil. Cato Corp's Earnings Yield (Joel Greenblatt) for the quarter that ended in Apr. 2016 was 13.75%.


Definition

Cato Corp's EV/EBIT for today is calculated as:

EV/EBIT=Enterprise Value (Today)/Earnings Before Interest and Taxes (EBIT) (TTM)
=752.579/99.223
=7.58

Cato Corp's current Enterprise Value is $753 Mil.
Cato Corp's Earnings Before Interest and Taxes (EBIT) for the trailing twelve months (TTM) ended in Apr. 2016 was 24.121 (Jul. 2015 ) + 8.505 (Oct. 2015 ) + 19.344 (Jan. 2016 ) + 47.253 (Apr. 2016 ) = $99 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).

Cato Corp's Earnings Yield (Joel Greenblatt) for the quarter that ended in Apr. 2016 is calculated as:

Earnings Yield (Joel Greenblatt) (Q: Apr. 2016 )=EBIT (TTM)/Enterprise Value (Q: Apr. 2016 )
=99.223/721.4033
=13.75 %

Cato Corp's Enterprise Value for the quarter that ended in Apr. 2016 was $721 Mil.
Cato Corp's Earnings Before Interest and Taxes (EBIT) for the trailing twelve months (TTM) ended in Apr. 2016 was 24.121 (Jul. 2015 ) + 8.505 (Oct. 2015 ) + 19.344 (Jan. 2016 ) + 47.253 (Apr. 2016 ) = $99 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.

Cato Corp Annual Data

Jan07Jan08Jan09Jan10Jan11Jan12Jan13Jan14Jan15Jan16
ev2ebit 7.737.444.816.295.195.346.186.8410.148.47

Cato Corp Quarterly Data

Jan14Apr14Jul14Oct14Jan15Apr15Jul15Oct15Jan16Apr16
ev2ebit 6.846.687.188.7910.149.098.638.448.477.27
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