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Meikles (LSE:MIK) EV-to-EBIT : 446.00 (As of May. 13, 2024)


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What is Meikles EV-to-EBIT?

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Meikles's Enterprise Value is $57,434 Mil. Meikles's EBIT for the trailing twelve months (TTM) ended in Aug. 2023 was $129 Mil. Therefore, Meikles's EV-to-EBIT for today is 446.00.

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

LSE:MIK' s EV-to-EBIT Range Over the Past 10 Years
Min: -346.4   Med: -343.21   Max: 696.95
Current: -0.55

During the past 7 years, the highest EV-to-EBIT of Meikles was 696.95. The lowest was -346.40. And the median was -343.21.

LSE:MIK's EV-to-EBIT is ranked better than
98.54% of 822 companies
in the Retail - Cyclical industry
Industry Median: 13.57 vs LSE:MIK: -0.55

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Meikles's Enterprise Value for the quarter that ended in Aug. 2023 was $39 Mil. Meikles's EBIT for the trailing twelve months (TTM) ended in Aug. 2023 was $129 Mil. Meikles's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Aug. 2023 was 333.97%.


Meikles EV-to-EBIT Historical Data

The historical data trend for Meikles'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.

Meikles EV-to-EBIT Chart

Meikles Annual Data
Trend Dec08 Dec09 Mar11 Mar12 Mar19 Mar20 Mar21
EV-to-EBIT
Get a 7-Day Free Trial 4.89 -343.55 1.86 0.93 6.03

Meikles Semi-Annual Data
Dec09 Mar11 Mar12 Sep12 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Aug23
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 6.03 - 2.57 - -

Competitive Comparison of Meikles's EV-to-EBIT

For the Department Stores subindustry, Meikles'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.


Meikles's EV-to-EBIT Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Meikles's EV-to-EBIT distribution charts can be found below:

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



Meikles EV-to-EBIT Calculation

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

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=57434.210/128.776
=446.00

Meikles's current Enterprise Value is $57,434 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Meikles's EBIT for the trailing twelve months (TTM) ended in Aug. 2023 was $129 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.


Meikles  (LSE:MIK) 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) %.

Meikles's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Aug. 2023 is calculated as:

Earnings Yield (Joel Greenblatt) % (Q: Aug. 2023 ) =EBIT / Enterprise Value (Q: Aug. 2023 )
=128.776/38.559625
=333.97 %

Meikles's Enterprise Value for the quarter that ended in Aug. 2023 was $39 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Meikles's EBIT for the trailing twelve months (TTM) ended in Aug. 2023 was $129 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.


Meikles EV-to-EBIT Related Terms

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


Meikles (LSE:MIK) Business Description

Traded in Other Exchanges
Address
4 Steppes Road, Highlands, Harare, ZWE
Meikles Ltd is a Zimbabwe-based investment holding company. Its business segments include Supermarkets, Hotels, properties, and security guard operations. It is organized into two geographical segments, Zimbabwe, and non-Zimbabwe. The majority of its revenue is generated from the Supermarkets segment within Zimbabwe.