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Fomento Economico Mexicano SAB de CV (NYSE:FMX)
EV/EBIT
20.65 (As of Today)

EV/EBIT ratio is calculated as enterprise value divided by its Earnings Before Interest and Taxes (EBIT). As of today, Fomento Economico Mexicano SAB de CV's enterprise value is $39,816 Mil. Fomento Economico Mexicano SAB de CV's earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2015 was $1,928 Mil. Therefore, Fomento Economico Mexicano SAB de CV's EV/EBIT ratio for today is 20.65.

FMX' s EV/EBIT Range Over the Past 10 Years
Min: 0.8   Max: 26.4
Current: 22.15

0.8
26.4

During the past 13 years, the highest EV/EBIT Ratio of Fomento Economico Mexicano SAB de CV was 26.40. The lowest was 0.80. And the median was 9.05.

FMX's EV/EBIT is ranked lower than
71% of the 176 Companies
in the Global Beverages - Brewers industry.

( Industry Median: 16.59 vs. FMX: 22.15 )

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt). Fomento Economico Mexicano SAB de CV's enterprise value for the quarter that ended in Dec. 2015 was $172,417 Mil. Fomento Economico Mexicano SAB de CV's earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2015 was $1,928 Mil. Fomento Economico Mexicano SAB de CV's Earnings Yield (Joel Greenblatt) for the quarter that ended in Dec. 2015 was 1.12%.


Definition

Fomento Economico Mexicano SAB de CV's EV/EBIT for today is calculated as:

EV/EBIT=Enterprise Value (Today)/Earnings Before Interest and Taxes (EBIT) (TTM)
=39815.880/1928.45642225
=20.65

Fomento Economico Mexicano SAB de CV's current Enterprise Value is $39,816 Mil.
Fomento Economico Mexicano SAB de CV's Earnings Before Interest and Taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2015 was 300.639868745 (Mar. 2015 ) + 543.632745878 (Jun. 2015 ) + 448.609453224 (Sep. 2015 ) + 635.574354408 (Dec. 2015 ) = $1,928 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).

Fomento Economico Mexicano SAB de CV's Earnings Yield (Joel Greenblatt) for the quarter that ended in Dec. 2015 is calculated as:

Earnings Yield (Joel Greenblatt) (Q: Dec. 2015 )=EBIT (TTM)/Enterprise Value (Q: Dec. 2015 )
=1928.45642225/172417.271428
=1.12 %

Fomento Economico Mexicano SAB de CV's Enterprise Value for the quarter that ended in Dec. 2015 was $172,417 Mil.
Fomento Economico Mexicano SAB de CV's Earnings Before Interest and Taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2015 was 300.639868745 (Mar. 2015 ) + 543.632745878 (Jun. 2015 ) + 448.609453224 (Sep. 2015 ) + 635.574354408 (Dec. 2015 ) = $1,928 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.

Fomento Economico Mexicano SAB de CV Annual Data

Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14Dec15
ev2ebit 4.613.9111.5111.7810.1813.1517.2319.3319.8222.33

Fomento Economico Mexicano SAB de CV Quarterly Data

Sep13Dec13Mar14Jun14Sep14Dec14Mar15Jun15Sep15Dec15
ev2ebit 15.3819.3316.4415.9815.8019.8219.913.6420.8922.33
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