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AutoZone Inc  (NYSE:AZO) EV-to-EBIT: 9.59 (As of Today)

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, AutoZone Inc's Enterprise Value is $19,927 Mil. AutoZone Inc's EBIT for the trailing twelve months (TTM) ended in May. 2017 was $2,078 Mil. Therefore, AutoZone Inc's EV-to-EBIT for today is 9.59.

NYSE:AZO' s EV-to-EBIT Range Over the Past 10 Years
Min: 6.8   Max: 14.8
Current: 9.57

6.8
14.8

During the past 13 years, the highest EV-to-EBIT of AutoZone Inc was 14.80. The lowest was 6.80. And the median was 10.80.

NYSE:AZO's EV-to-EBIT is ranked higher than
66% of the 737 Companies
in the Global industry.

( Industry Median: 14.76 vs. NYSE:AZO: 9.57 )

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. AutoZone Inc's Enterprise Value for the quarter that ended in May. 2017 was $21,988 Mil. AutoZone Inc's EBIT for the trailing twelve months (TTM) ended in May. 2017 was $2,078 Mil. AutoZone Inc's Earnings Yield (Joel Greenblatt) % for the quarter that ended in May. 2017 was 9.45%.


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.

AutoZone Inc Annual Data

Aug07 Aug08 Aug09 Aug10 Aug11 Aug12 Aug13 Aug14 Aug15 Aug16
EV-to-EBIT Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 10.48 10.41 11.81 13.53 12.79

AutoZone Inc Quarterly Data

Aug12 Nov12 Feb13 May13 Aug13 Nov13 Feb14 May14 Aug14 Nov14 Feb15 May15 Aug15 Nov15 Feb16 May16 Aug16 Nov16 Feb17 May17
EV-to-EBIT 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 13.43 12.79 13.08 12.43 10.58

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

AutoZone Inc's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=19927.462/2078.178
=9.59

AutoZone Inc's current Enterprise Value is $19,927 Mil.
AutoZone Inc's EBIT for the trailing twelve months (TTM) ended in May. 2017 was 705.737 (Aug. 2016 ) + 458.902 (Nov. 2016 ) + 383.969 (Feb. 20 ) + 529.57 (May. 2017 ) = $2,078 Mil.

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

AutoZone Inc's Earnings Yield (Joel Greenblatt) % for the quarter that ended in May. 2017 is calculated as:

Earnings Yield (Joel Greenblatt) % (Q: May. 2017 =EBIT / Enterprise Value (Q: May. 2017 )
=2078.178/21988.4092
=9.45 %

AutoZone Inc's Enterprise Value for the quarter that ended in >May. 2017 was $21,988 Mil.
AutoZone Inc's EBIT for the trailing twelve months (TTM) ended in May. 2017 was 705.737 (Aug. 2016 ) + 458.902 (Nov. 2016 ) + 383.969 (Feb. 20 ) + 529.57 (May. 2017 ) = $2,078 Mil.

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


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Autozone Inc 2017 Q4 Results Earnings Call Slides

- Seekingalpha 2017-09-19 11:30:04

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