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Scotts Miracle Gro Co (NYSE:SMG)
EV/EBIT
18.04 (As of Today)

EV/EBIT ratio is calculated as enterprise value divided by its EBIT. As of today, Scotts Miracle Gro Co's enterprise value is $5,241 Mil. Scotts Miracle Gro Co's operating income for the trailing twelve months (TTM) ended in Mar. 2015 was $291 Mil. Therefore, Scotts Miracle Gro Co's EV/EBIT ratio for today is 18.04.

SMG' s 10-Year EV/EBIT Range
Min: 9.6   Max: 32.7
Current: 18.58

9.6
32.7

During the past 13 years, the highest EV/EBIT Ratio of Scotts Miracle Gro Co was 32.70. The lowest was 9.60. And the median was 14.00.

SMG's EV/EBITis ranked lower than
53% of the 152 Companies
in the Global Agricultural Inputs industry.

( Industry Median: 17.44 vs. SMG: 18.58 )

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt). Scotts Miracle Gro Co's enterprise value for the quarter that ended in Mar. 2015 was $5,659 Mil. Scotts Miracle Gro Co's Operating Income for the trailing twelve months (TTM) ended in Mar. 2015 was $291 Mil. Scotts Miracle Gro Co's Earnings Yield (Joel Greenblatt) for the quarter that ended in Mar. 2015 was 5.13%.


Definition

Scotts Miracle Gro Co's EV/EBIT for today is calculated as:

EV/EBIT=Enterprise Value (Today)/Operating Income (TTM)
=5240.854/290.5
=18.04

Scotts Miracle Gro Co's current Enterprise Value is $5,241 Mil.
Scotts Miracle Gro Co's Operating Income for the trailing twelve months (TTM) ended in Mar. 2015 was 200.9 (Jun. 2014 ) + -13.7 (Sep. 2014 ) + -106 (Dec. 2014 ) + 209.3 (Mar. 2015 ) = $291 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).

Scotts Miracle Gro Co's Earnings Yield (Joel Greenblatt) for the quarter that ended in Mar. 2015 is calculated as:

Earnings Yield (Joel Greenblatt) (Q: Mar. 2015 )=Operating Income (TTM)/Enterprise Value (Q: Mar. 2015 )
=290.5/5659.457
=5.13 %

Scotts Miracle Gro Co's Enterprise Value for the quarter that ended in Mar. 2015 was $5,659 Mil.
Scotts Miracle Gro Co's Operating Income for the trailing twelve months (TTM) ended in Mar. 2015 was 200.9 (Jun. 2014 ) + -13.7 (Sep. 2014 ) + -106 (Dec. 2014 ) + 209.3 (Mar. 2015 ) = $291 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.

Scotts Miracle Gro Co Annual Data

Sep05Sep06Sep07Sep08Sep09Sep10Sep11Sep12Sep13Sep14
ev2ebit 16.2913.4913.6924.9212.0411.0112.2813.6112.4112.86

Scotts Miracle Gro Co Quarterly Data

Dec12Mar13Jun13Sep13Dec13Mar14Jun14Sep14Dec14Mar15
ev2ebit 14.2819.1712.6412.4114.7814.0813.4312.8616.2419.48
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