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Darden Restaurants Inc (NYSE:DRI)
EV/EBIT
13.03 (As of Today)

EV/EBIT ratio is calculated as enterprise value divided by its Earnings Before Interest and Taxes (EBIT). As of today, Darden Restaurants Inc's enterprise value is $8,123 Mil. Darden Restaurants Inc's earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in May. 2016 was $623 Mil. Therefore, Darden Restaurants Inc's EV/EBIT ratio for today is 13.03.

DRI' s EV/EBIT Range Over the Past 10 Years
Min: 6.4   Max: 46.8
Current: 13.03

6.4
46.8

During the past 13 years, the highest EV/EBIT Ratio of Darden Restaurants Inc was 46.80. The lowest was 6.40. And the median was 11.30.

DRI's EV/EBIT is ranked higher than
70% of the 240 Companies
in the Global Restaurants industry.

( Industry Median: 17.32 vs. DRI: 13.03 )

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt). Darden Restaurants Inc's enterprise value for the quarter that ended in May. 2016 was $8,727 Mil. Darden Restaurants Inc's earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in May. 2016 was $623 Mil. Darden Restaurants Inc's Earnings Yield (Joel Greenblatt) for the quarter that ended in May. 2016 was 7.14%.


Definition

Darden Restaurants Inc's EV/EBIT for today is calculated as:

EV/EBIT=Enterprise Value (Today)/Earnings Before Interest and Taxes (EBIT) (TTM)
=8123.100/623.3
=13.03

Darden Restaurants Inc's current Enterprise Value is $8,123 Mil.
Darden Restaurants Inc's Earnings Before Interest and Taxes (EBIT) for the trailing twelve months (TTM) ended in May. 2016 was 134.2 (Aug. 2015 ) + 81.7 (Nov. 2015 ) + 221.2 (Feb. 2016 ) + 186.2 (May. 2016 ) = $623 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).

Darden Restaurants 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 )
=623.3/8726.7026
=7.14 %

Darden Restaurants Inc's Enterprise Value for the quarter that ended in May. 2016 was $8,727 Mil.
Darden Restaurants Inc's Earnings Before Interest and Taxes (EBIT) for the trailing twelve months (TTM) ended in May. 2016 was 134.2 (Aug. 2015 ) + 81.7 (Nov. 2015 ) + 221.2 (Feb. 2016 ) + 186.2 (May. 2016 ) = $623 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.

Darden Restaurants Inc Annual Data

May07May08May09May10May11May12May13May14May15May16
ev2ebit 11.3110.2010.1510.6310.3517.5521.6227.5622.7214.00

Darden Restaurants Inc Quarterly Data

Feb14May14Aug14Nov14Feb15May15Aug15Nov15Feb16May16
ev2ebit 46.3527.5623.3232.5229.0422.7219.7014.0414.1614.00
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