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Vulcan Materials Company (NYSE:VMC)
EV/EBIT
45.50 (As of Today)

EV/EBIT ratio is calculated as enterprise value divided by its EBIT. As of today, Vulcan Materials Company's enterprise value is $10,783 Mil. Vulcan Materials Company's operating income for the trailing twelve months (TTM) ended in Dec. 2013 was $222 Mil. Therefore, Vulcan Materials Company's EV/EBIT ratio for today is 45.50.

VMC' s 10-Year EV/EBIT Range
Min: 9.7   Max: 1062.4
Current: 45.5

9.7
1062.4

During the past 13 years, the highest EV/EBIT Ratio of Vulcan Materials Company was 1062.40. The lowest was 9.70. And the median was 17.00.

VMC's EV/EBITis ranked lower than
67% of the 547 Companies
in the Global Building Materials industry.

( Industry Median: 15.08 vs. VMC: 45.50 )

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt). Vulcan Materials Company's enterprise value for the quarter that ended in Dec. 2013 was $10,053 Mil. Vulcan Materials Company's Operating Income for the trailing twelve months (TTM) ended in Dec. 2013 was $222 Mil. Vulcan Materials Company's Earnings Yield (Joel Greenblatt) for the quarter that ended in Dec. 2013 was 2.21%.


Definition

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

EV/EBIT=Enterprise Value (Today)/Operating Income (TTM)
=10782.706/222.034
=48.56

Vulcan Materials Company's current Enterprise Value is $10,783 Mil.
Vulcan Materials Company's Operating Income for the trailing twelve months (TTM) ended in Dec. 2013 was -50.058 (Mar. 2013 ) + 86.866 (Jun. 2013 ) + 86.491 (Sep. 2013 ) + 98.735 (Dec. 2013 ) = $222 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 Company'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 )
=222.034/10052.6808
=2.21 %

Vulcan Materials Company's Enterprise Value for the quarter that ended in Dec. 2013 was $10,053 Mil.
Vulcan Materials Company's Operating Income for the trailing twelve months (TTM) ended in Dec. 2013 was -50.058 (Mar. 2013 ) + 86.866 (Jun. 2013 ) + 86.491 (Sep. 2013 ) + 98.735 (Dec. 2013 ) = $222 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 Company Annual Data

Dec04Dec05Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13
ev2ebit 9.9514.6413.0217.0544.8262.940.00122.08311.2945.28

Vulcan Materials Company Quarterly Data

Sep11Dec11Mar12Jun12Sep12Dec12Mar13Jun13Sep13Dec13
ev2ebit 157.50122.08104.05104.58248.90311.29358.8795.1180.3145.28
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