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Vulcan Materials Co (NYSE:VMC)
EV/EBIT
21.80 (As of Today)

EV/EBIT ratio is calculated as enterprise value divided by its EBIT. As of today, Vulcan Materials Co's enterprise value is $10,285 Mil. Vulcan Materials Co's operating income for the trailing twelve months (TTM) ended in Mar. 2014 was $467 Mil. Therefore, Vulcan Materials Co's EV/EBIT ratio for today is 21.80.

VMC' s 10-Year EV/EBIT Range
Min: 9.7   Max: 1062.4
Current: 21.8

9.7
1062.4

During the past 13 years, the highest EV/EBIT Ratio of Vulcan Materials Co was 1062.40. The lowest was 9.70. And the median was 17.80.

VMC's EV/EBITis ranked higher than
62% of the 705 Companies
in the Global Building Materials industry.

( Industry Median: 16.88 vs. VMC: 21.80 )

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt). Vulcan Materials Co's enterprise value for the quarter that ended in Mar. 2014 was $10,414 Mil. Vulcan Materials Co's Operating Income for the trailing twelve months (TTM) ended in Mar. 2014 was $467 Mil. Vulcan Materials Co's Earnings Yield (Joel Greenblatt) for the quarter that ended in Mar. 2014 was 4.48%.


Definition

Vulcan Materials Co's EV/EBIT for today is calculated as:

EV/EBIT=Enterprise Value (Today)/Operating Income (TTM)
=10285.001/466.761
=22.03

Vulcan Materials Co's current Enterprise Value is $10,285 Mil.
Vulcan Materials Co's Operating Income for the trailing twelve months (TTM) ended in Mar. 2014 was 86.866 (Jun. 2013 ) + 86.491 (Sep. 2013 ) + 98.735 (Dec. 2013 ) + 194.669 (Mar. 2014 ) = $467 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).

Vulcan Materials Co's Earnings Yield (Joel Greenblatt) for the quarter that ended in Mar. 2014 is calculated as:

Earnings Yield (Joel Greenblatt) (Q: Mar. 2014 )=Operating Income (TTM)/Enterprise Value (Q: Mar. 2014 )
=466.761/10413.892
=4.48 %

Vulcan Materials Co's Enterprise Value for the quarter that ended in Mar. 2014 was $10,414 Mil.
Vulcan Materials Co's Operating Income for the trailing twelve months (TTM) ended in Mar. 2014 was 86.866 (Jun. 2013 ) + 86.491 (Sep. 2013 ) + 98.735 (Dec. 2013 ) + 194.669 (Mar. 2014 ) = $467 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.

Vulcan Materials Co Annual Data

Dec04Dec05Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13
ev2ebit 9.9514.6413.0217.0544.8262.940.00122.08311.2945.28

Vulcan Materials Co Quarterly Data

Dec11Mar12Jun12Sep12Dec12Mar13Jun13Sep13Dec13Mar14
ev2ebit 122.08104.05104.58248.90311.29358.8795.1180.3145.2822.31
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