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

EV/EBIT ratio is calculated as enterprise value divided by its EBIT. As of today, Fomento Economico Mexicano SAB de CV's enterprise value is $34,943 Mil. Fomento Economico Mexicano SAB de CV's operating income for the trailing twelve months (TTM) ended in Sep. 2014 was $2,234 Mil. Therefore, Fomento Economico Mexicano SAB de CV's EV/EBIT ratio for today is 15.64.

FMX' s 10-Year EV/EBIT Range
Min: 1   Max: 35.3
Current: 16.74

1
35.3

During the past 13 years, the highest EV/EBIT Ratio of Fomento Economico Mexicano SAB de CV was 35.30. The lowest was 1.00. And the median was 8.85.

FMX's EV/EBITis ranked higher than
84% of the 294 Companies
in the Global Beverages - Brewers industry.

( Industry Median: 20.01 vs. FMX: 16.74 )

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 Sep. 2014 was $36,270 Mil. Fomento Economico Mexicano SAB de CV's Operating Income for the trailing twelve months (TTM) ended in Sep. 2014 was $2,234 Mil. Fomento Economico Mexicano SAB de CV's Earnings Yield (Joel Greenblatt) for the quarter that ended in Sep. 2014 was 6.16%.


Definition

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

EV/EBIT=Enterprise Value (Today)/Operating Income (TTM)
=34942.505/2234.04410724
=15.64

Fomento Economico Mexicano SAB de CV's current Enterprise Value is $34,943 Mil.
Fomento Economico Mexicano SAB de CV's Operating Income for the trailing twelve months (TTM) ended in Sep. 2014 was 731.206764028 (Dec. 2013 ) + 450.69354961 (Mar. 2014 ) + 612.08940061 (Jun. 2014 ) + 440.054392989 (Sep. 2014 ) = $2,234 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 Sep. 2014 is calculated as:

Earnings Yield (Joel Greenblatt) (Q: Sep. 2014 )=Operating Income (TTM)/Enterprise Value (Q: Sep. 2014 )
=2234.04410724/36269.9796918
=6.16 %

Fomento Economico Mexicano SAB de CV's Enterprise Value for the quarter that ended in Sep. 2014 was $36,270 Mil.
Fomento Economico Mexicano SAB de CV's Operating Income for the trailing twelve months (TTM) ended in Sep. 2014 was 731.206764028 (Dec. 2013 ) + 450.69354961 (Mar. 2014 ) + 612.08940061 (Jun. 2014 ) + 440.054392989 (Sep. 2014 ) = $2,234 Mil.

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.


Related Terms

Enterprise Value, Operating Income, Earnings Yield (Joel Greenblatt)


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

Dec04Dec05Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13
ev2ebit 6.288.6611.729.0525.0310.5612.0915.3517.4419.40

Fomento Economico Mexicano SAB de CV Quarterly Data

Jun12Sep12Dec12Mar13Jun13Sep13Dec13Mar14Jun14Sep14
ev2ebit 15.5214.8417.4417.0416.2615.6119.4015.9815.5016.64
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