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Mueller Industries Inc (NYSE:MLI)
EV/EBIT
12.81 (As of Today)

EV/EBIT ratio is calculated as enterprise value divided by its EBIT. As of today, Mueller Industries Inc's enterprise value is $1,874 Mil. Mueller Industries Inc's operating income for the trailing twelve months (TTM) ended in Sep. 2014 was $146 Mil. Therefore, Mueller Industries Inc's EV/EBIT ratio for today is 12.81.

MLI' s 10-Year EV/EBIT Range
Min: 4.1   Max: 26.7
Current: 12.81

4.1
26.7

During the past 13 years, the highest EV/EBIT Ratio of Mueller Industries Inc was 26.70. The lowest was 4.10. And the median was 9.30.

MLI's EV/EBITis ranked higher than
79% of the 2168 Companies
in the Global Metal Fabrication industry.

( Industry Median: 17.14 vs. MLI: 12.81 )

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt). Mueller Industries Inc's enterprise value for the quarter that ended in Sep. 2014 was $1,657 Mil. Mueller Industries Inc's Operating Income for the trailing twelve months (TTM) ended in Sep. 2014 was $146 Mil. Mueller Industries Inc's Earnings Yield (Joel Greenblatt) for the quarter that ended in Sep. 2014 was 8.83%.


Definition

Mueller Industries Inc's EV/EBIT for today is calculated as:

EV/EBIT=Enterprise Value (Today)/Operating Income (TTM)
=1873.891/146.274
=12.81

Mueller Industries Inc's current Enterprise Value is $1,874 Mil.
Mueller Industries Inc's Operating Income for the trailing twelve months (TTM) ended in Sep. 2014 was 22.037 (Dec. 2013 ) + 38.307 (Mar. 2014 ) + 48.204 (Jun. 2014 ) + 37.726 (Sep. 2014 ) = $146 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).

Mueller Industries Inc'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 )
=146.274/1656.5676
=8.83 %

Mueller Industries Inc's Enterprise Value for the quarter that ended in Sep. 2014 was $1,657 Mil.
Mueller Industries Inc's Operating Income for the trailing twelve months (TTM) ended in Sep. 2014 was 22.037 (Dec. 2013 ) + 38.307 (Mar. 2014 ) + 48.204 (Jun. 2014 ) + 37.726 (Sep. 2014 ) = $146 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.

Mueller Industries Inc Annual Data

Dec04Dec05Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13
ev2ebit 12.799.076.125.976.8224.757.798.4511.626.42

Mueller Industries Inc Quarterly Data

Jun12Sep12Dec12Mar13Jun13Sep13Dec13Mar14Jun14Sep14
ev2ebit 11.3111.0911.6213.716.225.556.426.399.7711.33
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