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Ingles Markets (Ingles Markets) EV-to-EBIT : 6.37 (As of Apr. 26, 2024)


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What is Ingles Markets EV-to-EBIT?

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Ingles Markets's Enterprise Value is $1,699 Mil. Ingles Markets's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was $267 Mil. Therefore, Ingles Markets's EV-to-EBIT for today is 6.37.

The historical rank and industry rank for Ingles Markets's EV-to-EBIT or its related term are showing as below:

IMKTA' s EV-to-EBIT Range Over the Past 10 Years
Min: 4.65   Med: 11.12   Max: 19.64
Current: 6.37

During the past 13 years, the highest EV-to-EBIT of Ingles Markets was 19.64. The lowest was 4.65. And the median was 11.12.

IMKTA's EV-to-EBIT is ranked better than
82.09% of 268 companies
in the Retail - Defensive industry
Industry Median: 13.065 vs IMKTA: 6.37

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Ingles Markets's Enterprise Value for the quarter that ended in Dec. 2023 was $1,955 Mil. Ingles Markets's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was $267 Mil. Ingles Markets's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 13.64%.


Ingles Markets EV-to-EBIT Historical Data

The historical data trend for Ingles Markets's EV-to-EBIT can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Ingles Markets EV-to-EBIT Chart

Ingles Markets Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
EV-to-EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 10.37 5.15 5.15 4.83 5.65

Ingles Markets Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
EV-to-EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 5.63 5.79 5.81 5.65 7.33

Competitive Comparison of Ingles Markets's EV-to-EBIT

For the Grocery Stores subindustry, Ingles Markets's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Ingles Markets's EV-to-EBIT Distribution in the Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Ingles Markets's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Ingles Markets's EV-to-EBIT falls into.



Ingles Markets EV-to-EBIT Calculation

Ingles Markets's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=1698.699/266.609
=6.37

Ingles Markets's current Enterprise Value is $1,699 Mil.
Ingles Markets's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $267 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Ingles Markets  (NAS:IMKTA) EV-to-EBIT Explanation

This is a more accurate valuation of companies' operation because it considers 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) %.

Ingles Markets's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 is calculated as:

Earnings Yield (Joel Greenblatt) % (Q: Dec. 2023 ) =EBIT / Enterprise Value (Q: Dec. 2023 )
=266.609/1955.314328
=13.64 %

Ingles Markets's Enterprise Value for the quarter that ended in Dec. 2023 was $1,955 Mil.
Ingles Markets's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $267 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Ingles Markets EV-to-EBIT Related Terms

Thank you for viewing the detailed overview of Ingles Markets's EV-to-EBIT provided by GuruFocus.com. Please click on the following links to see related term pages.


Ingles Markets (Ingles Markets) Business Description

Traded in Other Exchanges
Address
2913 U.S. Highway 70 West, Black Mountain, NC, USA, 28711
Ingles Markets Inc is a U.S.-based company that is principally engaged in operating a supermarket chain. The company operates the business in the southeast United States, mainly in Georgia, North Carolina, South Carolina, and Tennessee, with a few stores in Virginia and Alabama as well. The company locates its stores majorly in suburban areas, small towns, and neighborhood areas. It offers a broad range of goods, including food products, pharmacies, health and beauty care products, and general merchandise. The retail business contributes the majority of the company's revenue. The company's real estate ownership of a material portion of total stores enables it to generate rental income.
Executives
Sharp Laura Ingle director 2913 U.S. HWY. 70 WEST, BLACK MOUNTAIN NC 28711
Michael David Hogan officer: President of Subsidiary Milkco C/O INGLES MARKETS, INCORPORATED, P.O. BOX 6676, ASHEVILLE NC 28816
Patricia Jackson officer: CFO P.O. BOX 6676, ASHEVILLE NC 28816
James W Lanning director, officer: President, other: Profit Sharing Plan Trustee
John R Lowden director 140 GREENWICH AVE, GREENWICH CT 06830
Ernest E. Ferguson director P.O. BOX 6676, ASHEVILLE NC 28816
Fred Ayers director 2913 US HIGHWAY 70 WEST, BLACK MOUNTAIN NC 28711
Brenda S Tudor director, officer: VP Finance, Treasurer, CFO
L. Keith Collins director P.O. BOX 6676, ASHEVILLE NC 28816
Laura Anne Laxton Ingle 2011 Irrevocable Trust Dated September 8, 2011 10 percent owner P.O. BOX 6676, ASHEVILLE NC 28816
Robert Ingle, Sr. Administrative Trust Uta Robert Pierce Ingle Living Trust Dated December 24, 2010 10 percent owner 2913 US HIGHWAY 70 WEST, BLACK MOUNTAIN NC 28711
Robert P Ingle director, officer: Chairman and CEO, other: Profit Sharing Plan Trustee
Ingles Markets Inc Investment/profit Sharing Plan Trust 10 percent owner
Ronald B Freeman director, officer: Chief Financial Officer, other: Profit Sharing Plan Trustee P.O. BOX 6676, ASHEVILLE NC 28816
Ingle Robert P Ii director, officer: VP - Operations PO BOX 6676, ASHEVILLE NC 28816

Ingles Markets (Ingles Markets) Headlines