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Kellogg Co (NYSE:K)
EV/EBIT
38.70 (As of Today)

EV/EBIT ratio is calculated as enterprise value divided by its Earnings Before Interest and Taxes (EBIT). As of today, Kellogg Co's enterprise value is $29,723 Mil. Kellogg Co's earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2015 was $768 Mil. Therefore, Kellogg Co's EV/EBIT ratio for today is 38.70.

K' s 10-Year EV/EBIT Range
Min: 9.9   Max: 39.3
Current: 38.72

9.9
39.3

During the past 13 years, the highest EV/EBIT Ratio of Kellogg Co was 39.30. The lowest was 9.90. And the median was 13.20.

K's EV/EBITis ranked lower than
80% of the 1087 Companies
in the Global Packaged Foods industry.

( Industry Median: 15.96 vs. K: 38.72 )

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt). Kellogg Co's enterprise value for the quarter that ended in Mar. 2015 was $31,003 Mil. Kellogg Co's earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2015 was $768 Mil. Kellogg Co's Earnings Yield (Joel Greenblatt) for the quarter that ended in Mar. 2015 was 2.48%.


Definition

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

EV/EBIT=Enterprise Value (Today)/Earnings Before Interest and Taxes (EBIT) (TTM)
=29723.108/768
=38.70

Kellogg Co's current Enterprise Value is $29,723 Mil.
Kellogg Co's Earnings Before Interest and Taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2015 was 470 (Jun. 2014 ) + 366 (Sep. 2014 ) + -426 (Dec. 2014 ) + 358 (Mar. 2015 ) = $768 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).

Kellogg Co'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 )
=768/31002.7915
=2.48 %

Kellogg Co's Enterprise Value for the quarter that ended in Mar. 2015 was $31,003 Mil.
Kellogg Co's Earnings Before Interest and Taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2015 was 470 (Jun. 2014 ) + 366 (Sep. 2014 ) + -426 (Dec. 2014 ) + 358 (Mar. 2015 ) = $768 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.

Kellogg Co Annual Data

Dec05Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14
ev2ebit 13.0913.8113.4511.3212.5511.9016.6917.5710.3129.23

Kellogg Co Quarterly Data

Dec12Mar13Jun13Sep13Dec13Mar14Jun14Sep14Dec14Mar15
ev2ebit 17.5720.0719.4918.1510.3110.0910.7610.6729.2340.37
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