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

EV/EBIT ratio is calculated as enterprise value divided by its Earnings Before Interest and Taxes (EBIT). As of today, Mueller Industries Inc's enterprise value is $1,700 Mil. Mueller Industries Inc's earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2016 was $146 Mil. Therefore, Mueller Industries Inc's EV/EBIT ratio for today is 11.64.

MLI' s EV/EBIT Range Over the Past 10 Years
Min: 3.8   Max: 25.8
Current: 11.65

3.8
25.8

During the past 13 years, the highest EV/EBIT Ratio of Mueller Industries Inc was 25.80. The lowest was 3.80. And the median was 9.00.

MLI's EV/EBIT is ranked higher than
64% of the 1885 Companies
in the Global Metal Fabrication industry.

( Industry Median: 15.09 vs. MLI: 11.65 )

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. 2016 was $1,836 Mil. Mueller Industries Inc's earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2016 was $146 Mil. Mueller Industries Inc's Earnings Yield (Joel Greenblatt) for the quarter that ended in Sep. 2016 was 7.95%.


Definition

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

EV/EBIT=Enterprise Value (Today)/Earnings Before Interest and Taxes (EBIT) (TTM)
=1699.936/146.009
=11.64

Mueller Industries Inc's current Enterprise Value is $1,700 Mil.
Mueller Industries Inc's Earnings Before Interest and Taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2016 was 20.617 (Dec. 2015 ) + 41.712 (Mar. 2016 ) + 44.951 (Jun. 2016 ) + 38.729 (Sep. 2016 ) = $146 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).

Mueller Industries Inc'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 )
=146.009/1836.0526
=7.95 %

Mueller Industries Inc's Enterprise Value for the quarter that ended in Sep. 2016 was $1,836 Mil.
Mueller Industries Inc's Earnings Before Interest and Taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2016 was 20.617 (Dec. 2015 ) + 41.712 (Mar. 2016 ) + 44.951 (Jun. 2016 ) + 38.729 (Sep. 2016 ) = $146 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.

Mueller Industries Inc Annual Data

Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14Dec15
ev2ebit 5.985.576.2224.107.958.3411.586.3212.1310.92

Mueller Industries Inc Quarterly Data

Jun14Sep14Dec14Mar15Jun15Sep15Dec15Mar16Jun16Sep16
ev2ebit 9.7411.1712.1313.2312.2011.6410.9211.3813.5012.57
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