EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Philip Morris International's Enterprise Value is $183,981 Mil.
Philip Morris International's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was $11,976 Mil. Therefore, Philip Morris International's EV-to-EBIT for today is 15.36.
The historical rank and industry rank for Philip Morris International's EV-to-EBIT or its related term are showing as below:
PM'
s EV-to-EBIT Range Over the Past 10 Years
Min: 10.75 Med: 14.07 Max: 19.91
Current: 15.36
During the past 13 years, the highest EV-to-EBIT of Philip Morris International was 19.91. The lowest was 10.75. And the median was 14.07.
PM's EV-to-EBIT is ranked worse than 76.47% of 34
companies
in the Tobacco Products industry
Industry Median: 8.875
vs PM: 15.36
Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Philip Morris International's Enterprise Value for the quarter that ended in Dec. 2023 was $192,680 Mil.
Philip Morris International's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was $11,976 Mil. Philip Morris International's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 6.22%.
Philip Morris International EV-to-EBIT Historical Data
The historical data trend for Philip Morris International'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.
Philip Morris International Annual Data
Trend
Dec14
Dec15
Dec16
Dec17
Dec18
Dec19
Dec20
Dec21
Dec22
Dec23
EV-to-EBIT
14.86
13.28
13.30
16.08
16.09
Philip Morris International Quarterly Data
Mar19
Jun19
Sep19
Dec19
Mar20
Jun20
Sep20
Dec20
Mar21
Jun21
Sep21
Dec21
Mar22
Jun22
Sep22
Dec22
Mar23
Jun23
Sep23
Dec23
EV-to-EBIT
16.08
16.71
17.45
16.21
16.09
Competitive Comparison
For the Tobacco subindustry, Philip Morris International'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.
Philip Morris International EV-to-EBIT Distribution
For the Tobacco Products industry and Consumer Defensive sector, Philip Morris International's EV-to-EBIT distribution charts can be found below:
* The bar in red indicates where Philip Morris International's EV-to-EBIT falls into.
Philip Morris International EV-to-EBIT Calculation
Philip Morris International's EV-to-EBIT for today is calculated as:
Philip Morris International's current Enterprise Value is $183,981 Mil.
Philip Morris International's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $11,976 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.
Philip Morris International (NYSE:PM) 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.
Philip Morris International's Enterprise Value for the quarter that ended in Dec. 2023 was $192,680 Mil.
Philip Morris International's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $11,976 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.
Philip Morris International EV-to-EBIT Related Terms
Thank you for viewing the detailed overview of Philip Morris International's EV-to-EBIT provided by GuruFocus.com. Please click on the following links to see related term pages.
Philip Morris International (Philip Morris International) Business Description
Philip Morris International is an international tobacco company with a product portfolio primarily consisting of cigarettes and reduced-risk products, including heat-not-burn, vapor and oral nicotine products, which are sold in markets outside the United States. The company diversified away from cigarettes with the 2022 acquisition of Swedish Match, a leading manufacturer of traditional oral tobacco products and nicotine pouches, primarily in the U.S. and Scandinavia. It diversified away from nicotine products with the acquisition of Vectura, a provider of innovative inhaled drug delivery solutions, in 2021.
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