Switch to:
Darden Restaurants Inc  (NYSE:DRI) Enterprise Value: $13,014 Mil (As of Today)

Think of enterprise value as the theoretical takeover price. It is more comprehensive than market capitalization (market cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.

EV-to-EBIT is calculated as enterprise value divided by its EBIT. As of today, Darden Restaurants Inc's enterprise value is $13,014 Mil. Darden Restaurants Inc's EBIT for the trailing twelve months (TTM) ended in Nov. 2017 was $704 Mil. Therefore, Darden Restaurants Inc's EV/EBIT ratio for today is 18.48.

EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, Darden Restaurants Inc's enterprise value is $13,014 Mil. Darden Restaurants Inc's EBITDA for the trailing twelve months (TTM) ended in Nov. 2017 was $998 Mil. Therefore, Darden Restaurants Inc's EV/EBITDA ratio for today is 13.05.

EV-to-Revenue is calculated as enterprise value divided by its Revenue. As of today, Darden Restaurants Inc's enterprise value is $13,014 Mil. Darden Restaurants Inc's Revenue for the trailing twelve months (TTM) ended in Nov. 2017 was $7,631 Mil. Therefore, Darden Restaurants Inc's EV/Revenue ratio for today is 1.71.


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

* Premium members only.

Darden Restaurants Inc Annual Data

May08 May09 May10 May11 May12 May13 May14 May15 May16 May17
Enterprise Value Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 8,667.85 8,525.77 8,365.66 8,726.70 11,857.10

Darden Restaurants Inc Quarterly Data

Feb13 May13 Aug13 Nov13 Feb14 May14 Aug14 Nov14 Feb15 May15 Aug15 Nov15 Feb16 May16 Aug16 Nov16 Feb17 May17 Aug17 Nov17
Enterprise Value 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 Premium Member Only Premium Member Only Premium Member Only 9,425.36 9,335.01 11,857.10 11,079.78 11,462.85

Competitive Comparison
* 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.


Calculation

Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.

Darden Restaurants Inc's Enterprise Value for the fiscal year that ended in May. 2017 is calculated as

Darden Restaurants Inc's Enterprise Value for the quarter that ended in Nov. 2017 is calculated as

Enterprise Value (Q: Nov. 2017 )
=Market Cap (M)+Preferred Stock+Long-Term Debt & Capital Lease Obligation
=10488.4527+0+935.6
+Current Portion of Long-Term Debt+Minority Interest-Cash, Cash Equivalents, Marketable Securities
+153.5+0-114.7
=11,463

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.


Explanation

When an investor buy a company, the investor needs to pay not only the common shares, he/she also needs to pay the shareholders of Preferred Stocks. He also assumes the debt of the company, and receives the cash on the company's balance sheet.

If a company has more cash than debt, the investor actually pays less than the Market Cap (M) because he immediately owns the cash once the transaction goes through.

The market value of Preferred Stock needs to be added to the market value of common stocks in the calculation of enterprise value.

For the companies with the same Market Cap (M), the smaller the Enterprise Value is, the cheaper the company is.

Enterprise Value can be negative when the company's net cash is more than its Market Cap (M). In this case the investor is basically getting the company for free and get paid for that.

1. EV-to-EBIT is calculated as enterprise value divided by its EBIT.

Darden Restaurants Inc's EV/EBIT for today is

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=13014.000/704.4
=18.48

Darden Restaurants Inc's current Enterprise Value is $13,014 Mil.
Darden Restaurants Inc's EBIT for the trailing twelve months (TTM) ended in Nov. 2017 was 229.5 (Feb. 2017 ) + 171.5 (May. 2017 ) + 174.5 (Aug. 2017 ) + 128.9 (Nov. 2017 ) = $704 Mil.

2. EV-to-EBITDA is calculated as enterprise value divided by its EBITDA.

Darden Restaurants Inc's EV/EBITDA for today is:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA(TTM)
=13014.000/997.6
=13.05

Darden Restaurants Inc's current Enterprise Value is $13,014 Mil.
Darden Restaurants Inc's EBITDA for the trailing twelve months (TTM) ended in Nov. 2017 was 297.4 (Feb. 2017 ) + 241.9 (May. 2017 ) + 250.6 (Aug. 2017 ) + 207.7 (Nov. 2017 ) = $998 Mil.

3. EV-to-Revenue is calculated as enterprise value divided by its Revenue.

Darden Restaurants Inc's EV/Revenue for today is:

EV-to-Revenue=Enterprise Value (Today)/Revenue (TTM)
=13014.000/7630.9
=1.71

Darden Restaurants Inc's current Enterprise Value is $13,014 Mil.
Darden Restaurants Inc's EBITDA for the trailing twelve months (TTM) ended in Nov. 2017 was 1878.7 (Feb. 2017 ) + 1934.6 (May. 2017 ) + 1936.1 (Aug. 2017 ) + 1881.5 (Nov. 2017 ) = $7,631 Mil.

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.


Related Terms

Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)

GF Chat

{{numOfNotice}}
FEEDBACK