Switch to:
GuruFocus has detected 4 Warning Signs with Renasant Corp $RNST.
More than 500,000 people have already joined GuruFocus to track the stocks they follow and exchange investment ideas.
Renasant Corp (NAS:RNST)
EV-to-EBIT
11.96 (As of Today)

EV/EBIT ratio is calculated as enterprise value divided by its Earnings Before Interest and Taxes (EBIT). As of today, Renasant Corp's enterprise value is $1,666.2 Mil. Renasant Corp's earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2017 was $139.3 Mil. Therefore, Renasant Corp's EV/EBIT ratio for today is 11.96.

RNST' s EV-to-EBIT Range Over the Past 10 Years
Min: 5.8   Max: 56.6
Current: 11.96

5.8
56.6

During the past 13 years, the highest EV/EBIT Ratio of Renasant Corp was 56.60. The lowest was 5.80. And the median was 15.30.

RNST's EV-to-EBIT is ranked lower than
51% of the 1668 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 12.52 vs. RNST: 11.96 )

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt). Renasant Corp's enterprise value for the quarter that ended in Mar. 2017 was $1,593.1 Mil. Renasant Corp's earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2017 was $139.3 Mil. Renasant Corp's Earnings Yield (Joel Greenblatt) for the quarter that ended in Mar. 2017 was 8.74%.


Definition

Renasant Corp's EV/EBIT for today is calculated as:

EV/EBIT=Enterprise Value (Today)/Earnings Before Interest and Taxes (EBIT) (TTM)
=1666.155/139.262
=11.96

Renasant Corp's current Enterprise Value is $1,666.2 Mil.
Renasant Corp's Earnings Before Interest and Taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2017 was 34.054 (Jun. 2016 ) + 34.885 (Sep. 2016 ) + 35.096 (Dec. 2016 ) + 35.227 (Mar. 2017 ) = $139.3 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).

Renasant Corp'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 )
=139.262/1593.1011
=8.74 %

Renasant Corp's Enterprise Value for the quarter that ended in Mar. 2017 was $1,593.1 Mil.
Renasant Corp's Earnings Before Interest and Taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2017 was 34.054 (Jun. 2016 ) + 34.885 (Sep. 2016 ) + 35.096 (Dec. 2016 ) + 35.227 (Mar. 2017 ) = $139.3 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.

Renasant Corp Annual Data

Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14Dec15Dec16
ev2ebit 21.5736.4331.0111.8312.1615.3519.9510.9417.4913.16

Renasant Corp Quarterly Data

Dec14Mar15Jun15Sep15Dec15Mar16Jun16Sep16Dec16Mar17
ev2ebit 10.9410.5812.1618.2817.4915.3014.3612.6413.1611.44
Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)
FEEDBACK