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GuruFocus has detected 1 Warning Sign with Monro Muffler Brake Inc $MNRO.
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Monro Muffler Brake Inc (NAS:MNRO)
EV-to-EBIT
16.97 (As of Today)

EV/EBIT ratio is calculated as enterprise value divided by its Earnings Before Interest and Taxes (EBIT). As of today, Monro Muffler Brake Inc's enterprise value is $2,083 Mil. Monro Muffler Brake Inc's earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2016 was $123 Mil. Therefore, Monro Muffler Brake Inc's EV/EBIT ratio for today is 16.97.

MNRO' s EV-to-EBIT Range Over the Past 10 Years
Min: 10.2   Max: 24
Current: 16.98

10.2
24

During the past 13 years, the highest EV/EBIT Ratio of Monro Muffler Brake Inc was 24.00. The lowest was 10.20. And the median was 15.20.

MNRO's EV-to-EBIT is ranked lower than
67% of the 1449 Companies
in the Global Auto Parts industry.

( Industry Median: 12.79 vs. MNRO: 16.98 )

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt). Monro Muffler Brake Inc's enterprise value for the quarter that ended in Dec. 2016 was $2,251 Mil. Monro Muffler Brake Inc's earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2016 was $123 Mil. Monro Muffler Brake Inc's Earnings Yield (Joel Greenblatt) for the quarter that ended in Dec. 2016 was 5.45%.


Definition

Monro Muffler Brake Inc's EV/EBIT for today is calculated as:

EV/EBIT=Enterprise Value (Today)/Earnings Before Interest and Taxes (EBIT) (TTM)
=2083.176/122.753
=16.97

Monro Muffler Brake Inc's current Enterprise Value is $2,083 Mil.
Monro Muffler Brake Inc's Earnings Before Interest and Taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2016 was 26.459 (Mar. 2016 ) + 31.295 (Jun. 2016 ) + 31.925 (Sep. 2016 ) + 33.074 (Dec. 2016 ) = $123 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).

Monro Muffler Brake Inc's Earnings Yield (Joel Greenblatt) for the quarter that ended in Dec. 2016 is calculated as:

Earnings Yield (Joel Greenblatt) (Q: Dec. 2016 )=EBIT (TTM)/Enterprise Value (Q: Dec. 2016 )
=122.753/2250.513
=5.45 %

Monro Muffler Brake Inc's Enterprise Value for the quarter that ended in Dec. 2016 was $2,251 Mil.
Monro Muffler Brake Inc's Earnings Before Interest and Taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2016 was 26.459 (Mar. 2016 ) + 31.295 (Jun. 2016 ) + 31.925 (Sep. 2016 ) + 33.074 (Dec. 2016 ) = $123 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.

Monro Muffler Brake Inc Annual Data

Mar07Mar08Mar09Mar10Mar11Mar12Mar13Mar14Mar15Mar16
ev2ebit 13.9411.0314.1813.5413.5414.5919.8220.8121.2621.37

Monro Muffler Brake Inc Quarterly Data

Sep14Dec14Mar15Jun15Sep15Dec15Mar16Jun16Sep16Dec16
ev2ebit 17.0019.4721.2619.6820.8220.7821.3720.1320.3718.33
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