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Fomento Economico Mexicano SAB de CV (NYSE:FMX)
EV/EBIT
15.76 (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 $36,125 Mil. Fomento Economico Mexicano SAB de CV's earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2015 was $2,292 Mil. Therefore, Fomento Economico Mexicano SAB de CV's EV/EBIT ratio for today is 15.76.

FMX' s 10-Year EV/EBIT Range
Min: 1.3   Max: 53.6
Current: 17.38

1.3
53.6

During the past 13 years, the highest EV/EBIT Ratio of Fomento Economico Mexicano SAB de CV was 53.60. The lowest was 1.30. And the median was 13.10.

FMX's EV/EBITis ranked higher than
53% of the 150 Companies
in the Global Beverages - Brewers industry.

( Industry Median: 18.04 vs. FMX: 17.38 )

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 Mar. 2015 was $37,266 Mil. Fomento Economico Mexicano SAB de CV's earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2015 was $2,292 Mil. Fomento Economico Mexicano SAB de CV's Earnings Yield (Joel Greenblatt) for the quarter that ended in Mar. 2015 was 6.15%.


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)
=36124.752/2291.80818834
=15.76

Fomento Economico Mexicano SAB de CV's current Enterprise Value is $36,125 Mil.
Fomento Economico Mexicano SAB de CV's Earnings Before Interest and Taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2015 was 594.387833636 (Jun. 2014 ) + 419.128201254 (Sep. 2014 ) + 977.652284701 (Dec. 2014 ) + 300.639868745 (Mar. 2015 ) = $2,292 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 Mar. 2015 is calculated as:

Earnings Yield (Joel Greenblatt) (Q: Mar. 2015 )=EBIT (TTM)/Enterprise Value (Q: Mar. 2015 )
=2291.80818834/37266.1125759
=6.15 %

Fomento Economico Mexicano SAB de CV's Enterprise Value for the quarter that ended in Mar. 2015 was $37,266 Mil.
Fomento Economico Mexicano SAB de CV's Earnings Before Interest and Taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2015 was 594.387833636 (Jun. 2014 ) + 419.128201254 (Sep. 2014 ) + 977.652284701 (Dec. 2014 ) + 300.639868745 (Mar. 2015 ) = $2,292 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

Dec05Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14
ev2ebit 7.9211.319.4330.9015.2115.2517.6817.2317.3417.74

Fomento Economico Mexicano SAB de CV Quarterly Data

Dec12Mar13Jun13Sep13Dec13Mar14Jun14Sep14Dec14Mar15
ev2ebit 17.2316.8016.1616.6817.3414.7414.3614.5917.7417.79
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