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Rite Aid Corporation (NYSE:RAD)
EV/EBIT
15.60 (As of Today)

EV/EBIT ratio is calculated as enterprise value divided by its EBIT. As of today, Rite Aid Corporation's enterprise value is $12,651 Mil. Rite Aid Corporation's operating income for the trailing twelve months (TTM) ended in Feb. 2014 was $624 Mil. Therefore, Rite Aid Corporation's EV/EBIT ratio for today is 15.60.

RAD' s 10-Year EV/EBIT Range
Min: 10.6   Max: 622.1
Current: 15.6

10.6
622.1

During the past 13 years, the highest EV/EBIT Ratio of Rite Aid Corporation was 622.10. The lowest was 10.60. And the median was 25.30.

RAD's EV/EBITis ranked higher than
53% of the 457 Companies
in the Global Pharmaceutical Retailers industry.

( Industry Median: 13.48 vs. RAD: 15.60 )

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt). Rite Aid Corporation's enterprise value for the quarter that ended in Feb. 2014 was $0 Mil. Rite Aid Corporation's Operating Income for the trailing twelve months (TTM) ended in Feb. 2014 was $624 Mil. Rite Aid Corporation's Earnings Yield (Joel Greenblatt) for the quarter that ended in Feb. 2014 was 0.00%.


Definition

Rite Aid Corporation's EV/EBIT for today is calculated as:

EV/EBIT=Enterprise Value (Today)/Operating Income (TTM)
=12650.876/624.362
=20.26

Rite Aid Corporation's current Enterprise Value is $12,651 Mil.
Rite Aid Corporation's Operating Income for the trailing twelve months (TTM) ended in Feb. 2014 was 92.874 (May. 2013 ) + 213.43 (Aug. 2013 ) + 166.695 (Nov. 2013 ) + 151.363 (Feb. 2014 ) = $624 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).

Rite Aid Corporation's Earnings Yield (Joel Greenblatt) for the quarter that ended in Feb. 2014 is calculated as:

Earnings Yield (Joel Greenblatt) (Q: Feb. 2014 )=Operating Income (TTM)/Enterprise Value (Q: Feb. 2014 )
=624.362/0
= %

Rite Aid Corporation's Enterprise Value for the quarter that ended in Feb. 2014 was $0 Mil.
Rite Aid Corporation's Operating Income for the trailing twelve months (TTM) ended in Feb. 2014 was 92.874 (May. 2013 ) + 213.43 (Aug. 2013 ) + 166.695 (Nov. 2013 ) + 151.363 (Feb. 2014 ) = $624 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.

Rite Aid Corporation Annual Data

Feb05Feb06Feb07Feb08Feb09Feb10Feb11Feb12Feb13Feb14
ev2ebit 11.8415.9523.1439.2375.29607.62310.9447.2114.600.00

Rite Aid Corporation Quarterly Data

Nov11Feb12May12Aug12Nov12Feb13May13Aug13Nov13Feb14
ev2ebit 66.5247.2159.08152.0543.6614.6012.3111.2413.900.00
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