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Sanderson Farms (Sanderson Farms) EBIT : $1,133 Mil (TTM As of Apr. 2022)


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What is Sanderson Farms EBIT?

Sanderson Farms's earnings before interest and taxes (EBIT) for the three months ended in Apr. 2022 was $422 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Apr. 2022 was $1,133 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Sanderson Farms's annualized ROC % for the quarter that ended in Apr. 2022 was 80.08%. Sanderson Farms's annualized ROC (Joel Greenblatt) % for the quarter that ended in Apr. 2022 was 103.52%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Sanderson Farms's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Apr. 2022 was 30.26%.


Sanderson Farms EBIT Historical Data

The historical data trend for Sanderson Farms's 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.

Sanderson Farms EBIT Chart

Sanderson Farms Annual Data
Trend Oct12 Oct13 Oct14 Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 426.42 32.62 68.00 -11.10 598.91

Sanderson Farms Quarterly Data
Jul17 Oct17 Jan18 Apr18 Jul18 Oct18 Jan19 Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22
EBIT Get a 7-Day Free Trial 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 127.71 215.23 242.58 253.74 421.56

Competitive Comparison of Sanderson Farms's EBIT

For the Packaged Foods subindustry, Sanderson Farms'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.


Sanderson Farms's EV-to-EBIT Distribution in the Consumer Packaged Goods Industry

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

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



Sanderson Farms EBIT Calculation

EBIT, sometimes also called Earnings Before Interest and Taxes, is a measure of a firm's profit that includes all expenses except interest and income tax expenses. It is the difference between operating revenues and operating expenses. When a firm does not have non-operating income, then Operating Income is sometimes used as a synonym for EBIT and operating profit.

EBIT for the trailing twelve months (TTM) ended in Apr. 2022 adds up the quarterly data reported by the company within the most recent 12 months, which was $1,133 Mil.

* 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.


Sanderson Farms  (NAS:SAFM) EBIT Explanation

1. EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.

Sanderson Farms's annualized ROC % for the quarter that ended in Apr. 2022 is calculated as:

ROC % (Q: Apr. 2022 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Jan. 2022 ) + Invested Capital (Q: Apr. 2022 ))/ count )
=1715.772 * ( 1 - 23.71% )/( (1550.664 + 1718.663)/ 2 )
=1308.9624588/1634.6635
=80.08 %

where

Invested Capital(Q: Jan. 2022 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=2584.717 - 348.23 - ( 685.823 - max(0, 358.937 - 1347.166+685.823))
=1550.664

Invested Capital(Q: Apr. 2022 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=2826.514 - 278.727 - ( 829.124 - max(0, 287.847 - 1591.395+829.124))
=1718.663

Note: The Operating Income data used here is four times the quarterly (Apr. 2022) data.

2. Joel Greenblatt's definition of Return on Capital:

Sanderson Farms's annualized ROC (Joel Greenblatt) % for the quarter that ended in Apr. 2022 is calculated as:

ROC (Joel Greenblatt) %(Q: Apr. 2022 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Jan. 2022  Q: Apr. 2022
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=1686.228/( ( (1231.624 + max(313.113, 0)) + (1229.444 + max(483.544, 0)) )/ 2 )
=1686.228/( ( 1544.737 + 1712.988 )/ 2 )
=1686.228/1628.8625
=103.52 %

where Working Capital is:

Working Capital(Q: Jan. 2022 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(224.082 + 367.454 + 69.807) - (348.23 + 0 + 0)
=313.113

Working Capital(Q: Apr. 2022 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(260.438 + 434.458 + 67.375) - (278.727 + 0 + 0)
=483.544

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Apr. 2022) EBIT data.

3. It is also linked to Joel Greenblatt's definition of Earnings Yield:

Sanderson Farms's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Apr. 2022 )
=1133.103/3744.885
=30.26 %

* 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.


Sanderson Farms EBIT Related Terms

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Sanderson Farms (Sanderson Farms) Business Description

Traded in Other Exchanges
N/A
Address
127 Flynt Road, Laurel, MS, USA, 39443
Sanderson Farms Inc is a dressed-chicken processor in the United States, producing and selling a variety of fresh, frozen, and value-added chicken products to grocers, food-service operators, and distributors. Most revenue is generated in the Southeastern, Southwestern, Northeastern, and Western United States. The company's product portfolio consists of tray packs and large birds, catering to grocery and food-service customers. It sells chill-packed, ice-packed, bulk-packed, and frozen chicken in whole, cut-up, and boneless form under the brand name Sanderson Farms to retailers, distributors, and casual dining operators in the United States.
Executives
Toni D Cooley director 253 OLD JACKSON ROAD, MADISON MS 39110
Phil K Livingston director C/O SANDERSON FARM 225 N 13TH AVE LAUREL MS 39441-0998
John Bierbusse director 3500 NORTH LAKE SHORE DRIVE #14A CHICAGO IL 60657
Lampkin Butts director, officer: Vice President, Sales C/O SANDERSON FARM 225 N 13TH AVE LAUREL MS 39441-0998
Robert C Khayat director PO BOX 1848 UNIVERSITY MS 38677
Sonia Perez director 127 FLYNT ROAD, LAUREL MS 39443
Jones Gail Pittman director C/O SANDERSON FARMS INC PO BOX 988 225 N 13TH AVE LAUREL MS 39441-0988
Green Edith Kelly director 3131 DEMOCRAT ROAD BLDG B206, MEMPHIS TN 38118
John David Barksdale director 127 FLYNT ROAD, LAUREL MS 39443
Banks Fred L Jr director 111 EAST CAPITOL STREET SUITE 600 JACKSON MS 39201-2122
Dianne Mooney director 7449 ASHLAND LANE BIRMINGHAM AL 35242
Suzanne T Mestayer director 1100 POYDRAS STREET NEW ORLEANS LA 70163
D Michael Cockrell director, officer: Treasurer & CFO C/O SANDERSON FARM 225 N 13TH AVE LAUREL MS 39441-0998
Beverly W Hogan director
Baker John H Iii director C/O SANDERSON FARMS INC 225 N 13TH AVE LAUREL MS 39441

Sanderson Farms (Sanderson Farms) Headlines

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