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Amcon Distributing Co (AMEX:DIT)
EV/EBIT
6.08 (As of Today)

EV/EBIT ratio is calculated as enterprise value divided by its Earnings Before Interest and Taxes (EBIT). As of today, Amcon Distributing Co's enterprise value is $69 Mil. Amcon Distributing Co's earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2015 was $11 Mil. Therefore, Amcon Distributing Co's EV/EBIT ratio for today is 6.08.

DIT' s 10-Year EV/EBIT Range
Min: 3.4   Max: 24
Current: 6.09

3.4
24

During the past 13 years, the highest EV/EBIT Ratio of Amcon Distributing Co was 24.00. The lowest was 3.40. And the median was 6.60.

DIT's EV/EBITis ranked higher than
91% of the 296 Companies
in the Global Food Distribution industry.

( Industry Median: 15.65 vs. DIT: 6.09 )

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt). Amcon Distributing Co's enterprise value for the quarter that ended in Jun. 2015 was $67 Mil. Amcon Distributing Co's earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2015 was $11 Mil. Amcon Distributing Co's Earnings Yield (Joel Greenblatt) for the quarter that ended in Jun. 2015 was 16.81%.


Definition

Amcon Distributing Co's EV/EBIT for today is calculated as:

EV/EBIT=Enterprise Value (Today)/Earnings Before Interest and Taxes (EBIT) (TTM)
=68.846/11.315
=6.08

Amcon Distributing Co's current Enterprise Value is $69 Mil.
Amcon Distributing Co's Earnings Before Interest and Taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2015 was 3.275 (Sep. 2014 ) + 2.776 (Dec. 2014 ) + 1.693 (Mar. 2015 ) + 3.571 (Jun. 2015 ) = $11 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).

Amcon Distributing Co's Earnings Yield (Joel Greenblatt) for the quarter that ended in Jun. 2015 is calculated as:

Earnings Yield (Joel Greenblatt) (Q: Jun. 2015 )=EBIT (TTM)/Enterprise Value (Q: Jun. 2015 )
=11.315/67.3
=16.81 %

Amcon Distributing Co's Enterprise Value for the quarter that ended in Jun. 2015 was $67 Mil.
Amcon Distributing Co's Earnings Before Interest and Taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2015 was 3.275 (Sep. 2014 ) + 2.776 (Dec. 2014 ) + 1.693 (Mar. 2015 ) + 3.571 (Jun. 2015 ) = $11 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.

Amcon Distributing Co Annual Data

Sep05Sep06Sep07Sep08Sep09Sep10Sep11Sep12Sep13Sep14
ev2ebit 22.338.275.194.764.123.873.914.636.647.64

Amcon Distributing Co Quarterly Data

May13Jun13Sep13Dec13Mar14Jun14Sep14Dec14Mar15Jun15
ev2ebit 3.757.536.647.307.698.077.647.618.370.00
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