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

EV/EBIT ratio is calculated as enterprise value divided by its Earnings Before Interest and Taxes (EBIT). As of today, Scotts Miracle Gro Co's enterprise value is $5,130 Mil. Scotts Miracle Gro Co's earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2015 was $295 Mil. Therefore, Scotts Miracle Gro Co's EV/EBIT ratio for today is 17.41.

SMG' s EV/EBIT Range Over the Past 10 Years
Min: 9.4   Max: 32.8
Current: 18.29

9.4
32.8

During the past 13 years, the highest EV/EBIT Ratio of Scotts Miracle Gro Co was 32.80. The lowest was 9.40. And the median was 14.40.

SMG's EV/EBIT is ranked lower than
65% of the 243 Companies
in the Global Agricultural Inputs industry.

( Industry Median: 13.09 vs. SMG: 18.29 )

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 Sep. 2015 was $4,839 Mil. Scotts Miracle Gro Co's earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2015 was $295 Mil. Scotts Miracle Gro Co's Earnings Yield (Joel Greenblatt) for the quarter that ended in Sep. 2015 was 6.09%.


Definition

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

EV/EBIT=Enterprise Value (Today)/Earnings Before Interest and Taxes (EBIT) (TTM)
=5130.308/294.6
=17.41

Scotts Miracle Gro Co's current Enterprise Value is $5,130 Mil.
Scotts Miracle Gro Co's Earnings Before Interest and Taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2015 was -106 (Dec. 2014 ) + 209.3 (Mar. 2015 ) + 217.7 (Jun. 2015 ) + -26.4 (Sep. 2015 ) = $295 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 Sep. 2015 is calculated as:

Earnings Yield (Joel Greenblatt) (Q: Sep. 2015 )=EBIT (TTM)/Enterprise Value (Q: Sep. 2015 )
=294.6/4838.648
=6.09 %

Scotts Miracle Gro Co's Enterprise Value for the quarter that ended in Sep. 2015 was $4,839 Mil.
Scotts Miracle Gro Co's Earnings Before Interest and Taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2015 was -106 (Dec. 2014 ) + 209.3 (Mar. 2015 ) + 217.7 (Jun. 2015 ) + -26.4 (Sep. 2015 ) = $295 Mil.

* All numbers are in millions except for per share data and ratio. All numbers are in their own 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 own currency.

Scotts Miracle Gro Co Annual Data

Sep06Sep07Sep08Sep09Sep10Sep11Sep12Sep13Sep14Sep15
ev2ebit 13.4514.6525.0613.0710.4012.2813.7512.4113.3216.42

Scotts Miracle Gro Co Quarterly Data

Sep13Dec13Mar14Jun14Sep14Dec14Mar15Jun15Sep15Dec15
ev2ebit 12.4114.7814.5213.9113.3216.8219.2515.0316.420.00
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