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GuruFocus has detected 2 Warning Signs with Clorox Co $CLX.
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Clorox Co (NYSE:CLX)
EV-to-EBIT
17.76 (As of Today)

EV/EBIT ratio is calculated as enterprise value divided by its Earnings Before Interest and Taxes (EBIT). As of today, Clorox Co's enterprise value is $19,122 Mil. Clorox Co's earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2017 was $1,077 Mil. Therefore, Clorox Co's EV/EBIT ratio for today is 17.76.

CLX' s EV-to-EBIT Range Over the Past 10 Years
Min: 10.1   Max: 18.9
Current: 17.75

10.1
18.9

During the past 13 years, the highest EV/EBIT Ratio of Clorox Co was 18.90. The lowest was 10.10. And the median was 14.00.

CLX's EV-to-EBIT is ranked lower than
57% of the 1328 Companies
in the Global Household & Personal Products industry.

( Industry Median: 15.57 vs. CLX: 17.75 )

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt). Clorox Co's enterprise value for the quarter that ended in Mar. 2017 was $19,372 Mil. Clorox Co's earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2017 was $1,077 Mil. Clorox Co's Earnings Yield (Joel Greenblatt) for the quarter that ended in Mar. 2017 was 5.56%.


Definition

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

EV/EBIT=Enterprise Value (Today)/Earnings Before Interest and Taxes (EBIT) (TTM)
=19122.420/1077
=17.76

Clorox Co's current Enterprise Value is $19,122 Mil.
Clorox Co's Earnings Before Interest and Taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2017 was 273 (Jun. 2016 ) + 286 (Sep. 2016 ) + 249 (Dec. 2016 ) + 269 (Mar. 2017 ) = $1,077 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).

Clorox Co's Earnings Yield (Joel Greenblatt) for the quarter that ended in Mar. 2017 is calculated as:

Earnings Yield (Joel Greenblatt) (Q: Mar. 2017 )=EBIT (TTM)/Enterprise Value (Q: Mar. 2017 )
=1077/19372.4074
=5.56 %

Clorox Co's Enterprise Value for the quarter that ended in Mar. 2017 was $19,372 Mil.
Clorox Co's Earnings Before Interest and Taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2017 was 273 (Jun. 2016 ) + 286 (Sep. 2016 ) + 249 (Dec. 2016 ) + 269 (Mar. 2017 ) = $1,077 Mil.

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


Related Terms

Enterprise Value, Earnings Yield (Joel Greenblatt), Earnings Before Interest and Taxes (EBIT)


Historical Data

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

Clorox Co Annual Data

Jun07Jun08Jun09Jun10Jun11Jun12Jun13Jun14Jun15Jun16
ev2ebit 12.2012.1611.0212.0116.2712.9313.2613.9414.8718.51

Clorox Co Quarterly Data

Dec14Mar15Jun15Sep15Dec15Mar16Jun16Sep16Dec16Mar17
ev2ebit 15.3916.2814.8715.7516.7516.3218.5117.0316.4217.99
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