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Monsanto Co (XSWX:MOO) EBIT : CHF3,301 Mil (TTM As of Feb. 2018)


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What is Monsanto Co EBIT?

Monsanto Co's earnings before interest and taxes (EBIT) for the three months ended in Feb. 2018 was CHF1,819 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Feb. 2018 was CHF3,301 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Monsanto Co's annualized ROC % for the quarter that ended in Feb. 2018 was 30.72%. Monsanto Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Feb. 2018 was 107.07%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Monsanto Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Feb. 2018 was 5.92%.


Monsanto Co EBIT Historical Data

The historical data trend for Monsanto Co's EBIT can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Monsanto Co EBIT Chart

Monsanto Co Annual Data
Trend Aug08 Aug09 Aug10 Aug11 Aug12 Aug13 Aug14 Aug15 Aug16 Aug17
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3,334.89 3,707.44 3,480.79 2,356.86 3,222.17

Monsanto Co Quarterly Data
May13 Aug13 Nov13 Feb14 May14 Aug14 Nov14 Feb15 May15 Aug15 Nov15 Feb16 May16 Aug16 Nov16 Feb17 May17 Aug17 Nov17 Feb18
EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1,971.97 1,161.35 -29.92 350.99 1,818.61

Competitive Comparison of Monsanto Co's EBIT

For the Agricultural Inputs subindustry, Monsanto Co's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Monsanto Co's EV-to-EBIT Distribution in the Agriculture Industry

For the Agriculture industry and Basic Materials sector, Monsanto Co's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Monsanto Co's EV-to-EBIT falls into.



Monsanto Co EBIT Calculation

EBIT, sometimes also called Earnings Before Interest and Taxes, is a measure of a firm's profit that includes all expenses except interest and income tax expenses. It is the difference between operating revenues and operating expenses. When a firm does not have non-operating income, then Operating Income is sometimes used as a synonym for EBIT and operating profit.

EBIT for the trailing twelve months (TTM) ended in Feb. 2018 adds up the quarterly data reported by the company within the most recent 12 months, which was CHF3,301 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Monsanto Co  (XSWX:MOO) EBIT Explanation

1. EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.

Monsanto Co's annualized ROC % for the quarter that ended in Feb. 2018 is calculated as:

ROC % (Q: Feb. 2018 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Nov. 2017 ) + Invested Capital (Q: Feb. 2018 ))/ count )
=7184.64 * ( 1 - 20.72% )/( (19357.055 + 17728.66)/ 2 )
=5695.982592/18542.8575
=30.72 %

where

Invested Capital(Q: Nov. 2017 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=22939.344 - 1299.856 - ( 3075.633 - max(0, 8187.807 - 10470.24+3075.633))
=19357.055

Invested Capital(Q: Feb. 2018 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=21223.689 - 1241.409 - ( 2253.62 - max(0, 6687.89 - 9407.388+2253.62))
=17728.66

Note: The Operating Income data used here is four times the quarterly (Feb. 2018) data.

2. Joel Greenblatt's definition of Return on Capital:

Monsanto Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Feb. 2018 is calculated as:

ROC (Joel Greenblatt) %(Q: Feb. 2018 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Nov. 2017  Q: Feb. 2018
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=7274.448/( ( (5908.348 + max(364.872, 0)) + (5714.97 + max(1599.704, 0)) )/ 2 )
=7274.448/( ( 6273.22 + 7314.674 )/ 2 )
=7274.448/6793.947
=107.07 %

where Working Capital is:

Working Capital(Q: Nov. 2017 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(2097.022 + 3998.719 + 1298.866) - (1299.856 + 0 + 5729.879)
=364.872

Working Capital(Q: Feb. 2018 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(2357.46 + 3756.033 + 1040.275) - (1241.409 + 0 + 4312.655)
=1599.704

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Feb. 2018) EBIT data.

3. It is also linked to Joel Greenblatt's definition of Earnings Yield:

Monsanto Co's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Feb. 2018 )
=3301.025/55795.100
=5.92 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Monsanto Co EBIT Related Terms

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Monsanto Co (XSWX:MOO) Business Description

Traded in Other Exchanges
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Originally a chemical company, Monsanto has morphed into an agricultural giant, focusing on seeds and crop-protection products. In a major breakthrough, Monsanto introduced the first genetically modified crop seeds in 1996 and has remained the industry leader through new product development and licensing agreements. Monsanto continues to focus on bringing new biotechnology traits to market to improve farmer yields and productivity.