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GuruFocus has detected 6 Warning Signs with Renewable Energy Group Inc $REGI.
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Renewable Energy Group Inc (NAS:REGI)
EV-to-EBIT
10.98 (As of Today)

EV/EBIT ratio is calculated as enterprise value divided by its Earnings Before Interest and Taxes (EBIT). As of today, Renewable Energy Group Inc's enterprise value is $632 Mil. Renewable Energy Group Inc's earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2017 was $58 Mil. Therefore, Renewable Energy Group Inc's EV/EBIT ratio for today is 10.98.

REGI' s EV-to-EBIT Range Over the Past 10 Years
Min: -9   Max: 17.3
Current: 10.98

-9
17.3

During the past 9 years, the highest EV/EBIT Ratio of Renewable Energy Group Inc was 17.30. The lowest was -9.00. And the median was 4.50.

REGI's EV-to-EBIT is ranked higher than
72% of the 185 Companies
in the Global Oil & Gas Refining & Marketing industry.

( Industry Median: 11.51 vs. REGI: 10.98 )

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt). Renewable Energy Group Inc's enterprise value for the quarter that ended in Mar. 2017 was $597 Mil. Renewable Energy Group Inc's earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2017 was $58 Mil. Renewable Energy Group Inc's Earnings Yield (Joel Greenblatt) for the quarter that ended in Mar. 2017 was 9.64%.


Definition

Renewable Energy Group Inc's EV/EBIT for today is calculated as:

EV/EBIT=Enterprise Value (Today)/Earnings Before Interest and Taxes (EBIT) (TTM)
=631.693/57.515
=10.98

Renewable Energy Group Inc's current Enterprise Value is $632 Mil.
Renewable Energy Group Inc's Earnings Before Interest and Taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2017 was 12.749 (Jun. 2016 ) + 26.789 (Sep. 2016 ) + 28.28 (Dec. 2016 ) + -10.303 (Mar. 2017 ) = $58 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).

Renewable Energy Group Inc'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 )
=57.515/596.6995
=9.64 %

Renewable Energy Group Inc's Enterprise Value for the quarter that ended in Mar. 2017 was $597 Mil.
Renewable Energy Group Inc's Earnings Before Interest and Taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2017 was 12.749 (Jun. 2016 ) + 26.789 (Sep. 2016 ) + 28.28 (Dec. 2016 ) + -10.303 (Mar. 2017 ) = $58 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.

Renewable Energy Group Inc Annual Data

Dec08Dec09Dec10Dec11Dec12Dec13Dec14Dec15Dec16
ev2ebit 0.000.000.000.000.008.501.676.95-4.438.76

Renewable Energy Group Inc Quarterly Data

Dec14Mar15Jun15Sep15Dec15Mar16Jun16Sep16Dec16Mar17
ev2ebit 6.958.0812.1016.03-4.43-4.66-6.65-8.128.760.00
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