Switch to:
Renasant Corporation (NAS:RNST)
EV/EBIT
22.70 (As of Today)

EV/EBIT ratio is calculated as enterprise value divided by its EBIT. As of today, Renasant Corporation's enterprise value is $1,028.4 Mil. Renasant Corporation's operating income for the trailing twelve months (TTM) ended in Dec. 2013 was $45.7 Mil. Therefore, Renasant Corporation's EV/EBIT ratio for today is 22.70.

RNST' s 10-Year EV/EBIT Range
Min: 5.8   Max: 56.6
Current: 22.7

5.8
56.6

During the past 13 years, the highest EV/EBIT Ratio of Renasant Corporation was 56.60. The lowest was 5.80. And the median was 16.50.

RNST's EV/EBITis ranked lower than
53% of the 1447 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 15.51 vs. RNST: 22.70 )

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt). Renasant Corporation's enterprise value for the quarter that ended in Dec. 2013 was $911.8 Mil. Renasant Corporation's Operating Income for the trailing twelve months (TTM) ended in Dec. 2013 was $45.7 Mil. Renasant Corporation's Earnings Yield (Joel Greenblatt) for the quarter that ended in Dec. 2013 was 5.02%.


Definition

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

EV/EBIT=Enterprise Value (Today)/Operating Income (TTM)
=1028.374/45.746
=22.48

Renasant Corporation's current Enterprise Value is $1,028.4 Mil.
Renasant Corporation's Operating Income for the trailing twelve months (TTM) ended in Dec. 2013 was 10.109 (Mar. 2013 ) + 10.987 (Jun. 2013 ) + 8.77 (Sep. 2013 ) + 15.88 (Dec. 2013 ) = $45.7 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).

Renasant Corporation's Earnings Yield (Joel Greenblatt) for the quarter that ended in Dec. 2013 is calculated as:

Earnings Yield (Joel Greenblatt) (Q: Dec. 2013 )=Operating Income (TTM)/Enterprise Value (Q: Dec. 2013 )
=45.746/911.8126
=5.02 %

Renasant Corporation's Enterprise Value for the quarter that ended in Dec. 2013 was $911.8 Mil.
Renasant Corporation's Operating Income for the trailing twelve months (TTM) ended in Dec. 2013 was 10.109 (Mar. 2013 ) + 10.987 (Jun. 2013 ) + 8.77 (Sep. 2013 ) + 15.88 (Dec. 2013 ) = $45.7 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.

Renasant Corporation Annual Data

Dec04Dec05Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13
ev2ebit 15.1514.7615.3921.6436.4331.0111.8312.1615.3519.93

Renasant Corporation Quarterly Data

Sep11Dec11Mar12Jun12Sep12Dec12Mar13Jun13Sep13Dec13
ev2ebit 10.1212.1612.7411.4919.2115.3515.0518.9815.9919.93
Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)
Free 7-day Trial
FEEDBACK
Hide