General Mills (NYSE:GIS) EV-to-EBIT

: 13.22 (As of Today)

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EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, General Mills's Enterprise Value is $50,383 Mil. General Mills's EBIT for the trailing twelve months (TTM) ended in Aug. 2023 was $3,812 Mil. Therefore, General Mills's EV-to-EBIT for today is 13.22.

The historical rank and industry rank for General Mills's EV-to-EBIT or its related term are showing as below:

GIS' s EV-to-EBIT Range Over the Past 10 Years
Min: 12.53 Med: 16.73 Max: 22.21
Current: 13.21

During the past 13 years, the highest EV-to-EBIT of General Mills was 22.21. The lowest was 12.53. And the median was 16.73.

GIS's EV-to-EBIT is ranked better than
52.81% of 1439 companies
in the Consumer Packaged Goods industry
Industry Median: 14.14 vs GIS: 13.21

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. General Mills's Enterprise Value for the quarter that ended in Aug. 2023 was $51,368 Mil. General Mills's EBIT for the trailing twelve months (TTM) ended in Aug. 2023 was $3,812 Mil. General Mills's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Aug. 2023 was 7.42%.

General Mills EV-to-EBIT Historical Data

The historical data trend for General Mills's EV-to-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.

General Mills Annual Data

Trend

May14

May15

May16

May17

May18

May19

May20

May21

May22

May23

EV-to-EBIT

17.12

16.77

15.30

14.82

17.24

General Mills Quarterly Data
	Nov18	Feb19	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23
EV-to-EBIT																16.68	18.05	16.65	17.24	13.48

Competitive Comparison

For the Packaged Foods subindustry, General Mills'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.

General Mills EV-to-EBIT Distribution

For the Consumer Packaged Goods industry and Consumer Defensive sector, General Mills's EV-to-EBIT distribution charts can be found below:

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

General Mills EV-to-EBIT Calculation

General Mills's EV-to-EBIT for today is calculated as:

EV-to-EBIT	=	Enterprise Value (Today)	/	EBIT (TTM)
	=	50382.628	/	3811.5
	=	13.22

General Mills's current Enterprise Value is $50,383 Mil.
General Mills's EBIT for the trailing twelve months (TTM) ended in Aug. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $3,812 Mil.

General Mills (NYSE:GIS) EV-to-EBIT Explanation

This is a more accurate valuation of companies' operation because it considers 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) %.

General Mills's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Aug. 2023 is calculated as:

Earnings Yield (Joel Greenblatt) % (Q: Aug. 2023 )	=	EBIT	/	Enterprise Value (Q: Aug. 2023 )
	=	3811.5	/	51368.492
	=	7.42 %

General Mills's Enterprise Value for the quarter that ended in Aug. 2023 was $51,368 Mil.
General Mills's EBIT for the trailing twelve months (TTM) ended in Aug. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $3,812 Mil.

General Mills EV-to-EBIT Related Terms

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General Mills (NYSE:GIS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » General Mills Inc (NYSE:GIS) » Definitions » EV-to-EBIT

Comparable Companies

Traded in Other Exchanges

GIS:Mexico GRM:Germany GRM:Germany GRM:Germany G1MI34:Brazil GIS:Austria

Address

Number One General Mills Boulevard, Minneapolis, MN, USA, 55426

Website

https://www.generalmills.com

General Mills is a global packaged food company that produces snacks, cereal, convenient meals, yogurt, dough, baking mixes and ingredients, pet food, and super-premium ice cream. Its largest brands are Nature Valley, Cheerios, Old El Paso, Yoplait, Pillsbury, Betty Crocker, Blue Buffalo, and Haagen-Dazs. In fiscal 2023, 81% of its revenue was derived from the United States, although the company also operates in Canada, Europe, Australia, Asia, and Latin America. While most of General Mills' products are sold through retail stores to consumers, the company also sells products into the foodservice channel and the commercial baking industry.

Executives

Werner Lanette Shaffer	officer: Chief Innovation Officer	ONE GENERAL MILLS BLVD., MINNEAPOLIS MN 55426
C Kim Goodwin	director	C/O AKAMAI TECHNOLOGIES, INC., 8 CAMBRIDGE CENTER, CAMBRIDGE MA 02142
Karen Wilson Thissen	officer: General Counsel & Secretary	1098 AMERIPRISE FINANCIAL CENTER, MINNEAPOLIS MN 55474
Paul Joseph Gallagher	officer: Chief Supply Chain Officer	1 GENERAL MILLS BLVD, MINNEAPOLIS MN 55426
Jaime Montemayor	officer: Chief Technology Officer	NUMBER ONE GENERAL MILLS BLVD, MINNEAPOLIS MN 55426
Mark A Pallot	officer: Chief Accounting Officer	NUMBER ONE GENERAL MILLS BLVD, MINNEAPOLIS MN 55426
Jo Ann Jenkins	director	2211 SOUTH 47TH STREET, PHOENIX AZ 85034
Dana M Mcnabb	officer: Group President	NUMBER ONE GENERAL MILLS BLVD, MINNEAPOLIS MN 55426
Elizabeth Cahill Lempres	director	TWO COMMERCE SQUARE, 2001 MARKET STREET, SUITE 3600, PHILADELPHIA PA 19103
Sean N Walker	officer: Group President	NUMBER ONE GENERAL MILLS BLVD, MINNEAPOLIS MN 55426
Diane L Neal	director
Jodi J Benson	officer: Chief Innovation Officer	GENERAL MILLS, INC., ONE GENERAL MILLS BLVD, MINNEAPOLIS MN 55426
Maria Sastre	director	C/O DARDEN RESTAURANTS, INC., 1000 DARDEN CENTER DRIVE, ORLANDO FL 32837
Bishop William W Jr	officer: Group President	C/O BLUE BUFFALO PET PRODUCTS, INC., 11 RIVER ROAD, WILTON CT 06897
Kofi A Bruce	officer: Vice President	GENERAL MILLS, INC., ONE GENERAL MILLS BLVD., MINNEAPOLIS MN 55426