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Hormel Foods (BSP:H1RL34) EV-to-EBIT : 20.06 (As of May. 02, 2024)


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What is Hormel Foods EV-to-EBIT?

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Hormel Foods's Enterprise Value is R$108,442 Mil. Hormel Foods's EBIT for the trailing twelve months (TTM) ended in Jan. 2024 was R$5,407 Mil. Therefore, Hormel Foods's EV-to-EBIT for today is 20.06.

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

BSP:H1RL34' s EV-to-EBIT Range Over the Past 10 Years
Min: 12.06   Med: 18.12   Max: 26.36
Current: 20.01

During the past 13 years, the highest EV-to-EBIT of Hormel Foods was 26.36. The lowest was 12.06. And the median was 18.12.

BSP:H1RL34's EV-to-EBIT is ranked worse than
66.6% of 1461 companies
in the Consumer Packaged Goods industry
Industry Median: 14.12 vs BSP:H1RL34: 20.01

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Hormel Foods's Enterprise Value for the quarter that ended in Jan. 2024 was R$93,946 Mil. Hormel Foods's EBIT for the trailing twelve months (TTM) ended in Jan. 2024 was R$5,407 Mil. Hormel Foods's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jan. 2024 was 5.76%.


Hormel Foods EV-to-EBIT Historical Data

The historical data trend for Hormel Foods'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.

Hormel Foods EV-to-EBIT Chart

Hormel Foods Annual Data
Trend Oct14 Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23
EV-to-EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 17.45 22.77 21.93 20.65 18.73

Hormel Foods Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
EV-to-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 20.85 19.42 20.84 18.73 17.38

Competitive Comparison of Hormel Foods's EV-to-EBIT

For the Packaged Foods subindustry, Hormel Foods'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.


Hormel Foods's EV-to-EBIT Distribution in the Consumer Packaged Goods Industry

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

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



Hormel Foods EV-to-EBIT Calculation

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

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=108441.923/5407.207
=20.06

Hormel Foods's current Enterprise Value is R$108,442 Mil.
Hormel Foods's EBIT for the trailing twelve months (TTM) ended in Jan. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was R$5,407 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.


Hormel Foods  (BSP:H1RL34) 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) %.

Hormel Foods's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jan. 2024 is calculated as:

Earnings Yield (Joel Greenblatt) % (Q: Jan. 2024 ) =EBIT / Enterprise Value (Q: Jan. 2024 )
=5407.207/93945.7476
=5.76 %

Hormel Foods's Enterprise Value for the quarter that ended in Jan. 2024 was R$93,946 Mil.
Hormel Foods's EBIT for the trailing twelve months (TTM) ended in Jan. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was R$5,407 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.


Hormel Foods EV-to-EBIT Related Terms

Thank you for viewing the detailed overview of Hormel Foods's EV-to-EBIT provided by GuruFocus.com. Please click on the following links to see related term pages.


Hormel Foods (BSP:H1RL34) Business Description

Traded in Other Exchanges
Address
1 Hormel Place, Austin, MN, USA, 55912-3680
Historically meat-focused, Hormel Foods broadened its lineup to include other protein offerings and become a branded food company. The firm sells its wares through multiple channels, including U.S. retail (64% of fiscal 2023 sales), U.S. food service (30%), and international (6%). By product, 53% of fiscal 2022 sales were from perishable food, 27% from shelf-stable, 17% from poultry, and 3% from other products. Major brands include Hormel, Spam, Jennie-O, Columbus, Applegate, Planters, and Skippy. Many of these hold the number one or two market share in their respective categories.

Hormel Foods (BSP:H1RL34) Headlines

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