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Hormel Foods Corp  (NYSE:HRL) EV-to-EBIT: 17.54 (As of Today)

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Hormel Foods Corp's Enterprise Value is $21,592 Mil. Hormel Foods Corp's EBIT for the trailing twelve months (TTM) ended in Apr. 2019 was $1,231 Mil. Therefore, Hormel Foods Corp's EV-to-EBIT for today is 17.54.

NYSE:HRL' s EV-to-EBIT Range Over the Past 10 Years
Min: 7.6   Max: 20.9
Current: 17.54

7.6
20.9

During the past 13 years, the highest EV-to-EBIT of Hormel Foods Corp was 20.90. The lowest was 7.60. And the median was 13.80.

NYSE:HRL's EV-to-EBIT is ranked lower than
63% of the 1404 Companies
in the Global industry.

( Industry Median: 14.69 vs. NYSE:HRL: 17.54 )

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Hormel Foods Corp's Enterprise Value for the quarter that ended in Apr. 2019 was $21,429 Mil. Hormel Foods Corp's EBIT for the trailing twelve months (TTM) ended in Apr. 2019 was $1,231 Mil. Hormel Foods Corp's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Apr. 2019 was 5.74%.


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.

Hormel Foods Corp Annual Data

Oct09 Oct10 Oct11 Oct12 Oct13 Oct14 Oct15 Oct16 Oct17 Oct18
EV-to-EBIT Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 15.12 16.76 15.18 12.60 19.44

Hormel Foods Corp Quarterly Data

Jul14 Oct14 Jan15 Apr15 Jul15 Oct15 Jan16 Apr16 Jul16 Oct16 Jan17 Apr17 Jul17 Oct17 Jan18 Apr18 Jul18 Oct18 Jan19 Apr19
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 16.09 16.12 19.44 18.78 17.41

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.


Hormel Foods Corp Distribution

* The bar in red indicates where Hormel Foods Corp's EV-to-EBIT falls into.



Calculation

Hormel Foods Corp's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=21592.156/1230.783
=17.54

Hormel Foods Corp's current Enterprise Value is $21,592 Mil.
Hormel Foods Corp's EBIT for the trailing twelve months (TTM) ended in Apr. 2019 was 266.167 (Jul. 2018 ) + 327.833 (Oct. 2018 ) + 313.122 (Jan. 2019 ) + 323.661 (Apr. 2019 ) = $1,231 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) %.

Hormel Foods Corp's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Apr. 2019 is calculated as:

Earnings Yield (Joel Greenblatt) % (Q: Apr. 2019 =EBIT / Enterprise Value (Q: Apr. 2019 )
=1230.783/21428.8662
=5.74 %

Hormel Foods Corp's Enterprise Value for the quarter that ended in >Apr. 2019 was $21,429 Mil.
Hormel Foods Corp's EBIT for the trailing twelve months (TTM) ended in Apr. 2019 was 266.167 (Jul. 2018 ) + 327.833 (Oct. 2018 ) + 313.122 (Jan. 2019 ) + 323.661 (Apr. 2019 ) = $1,231 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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