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The Hershey Co (NYSE:HSY)
EV/EBIT
19.20 (As of Today)

EV/EBIT ratio is calculated as enterprise value divided by its Earnings Before Interest and Taxes (EBIT). As of today, The Hershey Co's enterprise value is $24,155 Mil. The Hershey Co's earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2016 was $1,258 Mil. Therefore, The Hershey Co's EV/EBIT ratio for today is 19.20.

HSY' s EV/EBIT Range Over the Past 10 Years
Min: 12.3   Max: 26.3
Current: 19.18

12.3
26.3

During the past 13 years, the highest EV/EBIT Ratio of The Hershey Co was 26.30. The lowest was 12.30. And the median was 16.90.

HSY's EV/EBIT is ranked lower than
63% of the 1288 Companies
in the Global Confectioners industry.

( Industry Median: 15.09 vs. HSY: 19.18 )

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt). The Hershey Co's enterprise value for the quarter that ended in Sep. 2016 was $23,358 Mil. The Hershey Co's earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2016 was $1,258 Mil. The Hershey Co's Earnings Yield (Joel Greenblatt) for the quarter that ended in Sep. 2016 was 5.39%.


Definition

The Hershey Co's EV/EBIT for today is calculated as:

EV/EBIT=Enterprise Value (Today)/Earnings Before Interest and Taxes (EBIT) (TTM)
=24155.462/1258.202
=19.20

The Hershey Co's current Enterprise Value is $24,155 Mil.
The Hershey Co's Earnings Before Interest and Taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2016 was 289.638 (Dec. 2015 ) + 361.079 (Mar. 2016 ) + 254.907 (Jun. 2016 ) + 352.578 (Sep. 2016 ) = $1,258 Mil.

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's 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).

The Hershey Co's Earnings Yield (Joel Greenblatt) for the quarter that ended in Sep. 2016 is calculated as:

Earnings Yield (Joel Greenblatt) (Q: Sep. 2016 )=EBIT (TTM)/Enterprise Value (Q: Sep. 2016 )
=1258.202/23358.327
=5.39 %

The Hershey Co's Enterprise Value for the quarter that ended in Sep. 2016 was $23,358 Mil.
The Hershey Co's Earnings Before Interest and Taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2016 was 289.638 (Dec. 2015 ) + 361.079 (Mar. 2016 ) + 254.907 (Jun. 2016 ) + 352.578 (Sep. 2016 ) = $1,258 Mil.

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's 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 local exchange's currency.

The Hershey Co Annual Data

Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14Dec15
ev2ebit 13.6323.8716.7012.4513.5714.3215.5816.8617.7521.85

The Hershey Co Quarterly Data

Jun14Sep14Dec14Mar15Jun15Sep15Dec15Mar16Jun16Sep16
ev2ebit 16.8616.9417.7517.6219.4321.6021.8523.4922.5118.56
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