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Mead Johnson Nutrition Co (MJN) Add to portfolio

1m | 3m | 6m | 1y | 2y | 5y | 10y
Price: $89.98 Metrics
OS: 183.6 M
Market cap: $16.5 B 60 % ROIC
Net debt: $1.25 B 1.4 x Debt/EBITDA
EV: $17.8 B

 
TTM Valuation
EBITDA $924 M 19.2 x EV/EBITDA
EBIT $824 M 21.6 x EV/EBIT
EPS $3.20 28.1 x P/E

Recent News + Filings   (All items)

Financial Summary   (All financials)
In millions, except per share itemsDec-31-16Dec-31-15Dec-31-14Dec-31-13Dec-31-12Dec-31-11Dec-31-10Dec-31-09
Revenues3,742.74,071.34,409.34,200.73,901.33,677.03,141.62,826.5
            Revenue growth-8.1%-7.7%5.0%7.7%6.1%17.0%11.1%-1.9%
Cost of goods sold1,341.01,455.31,700.61,528.51,503.81,362.31,149.6974.7
Gross profit2,401.72,616.02,708.72,672.22,397.52,314.71,992.01,851.8
            Gross margin64.2%64.3%61.4%63.6%61.5%63.0%63.4%65.5%
Sales and marketing627.0641.8638.7645.1552.8501.7438.7401.9
Research and development97.4108.4115.1100.2100.192.578.571.9
General and administrative766.5890.6978.9903.5904.5926.8762.7665.3
EBITA833.0951.61,004.0994.3854.7792.2693.0688.2
            EBITA margin22.3%23.4%22.8%23.7%21.9%21.5%22.1%24.3%
Amortization of intangibles14.315.415.719.421.118.110.18.6
EBIT818.7936.2988.3974.9833.6774.1682.9679.6
            EBIT margin21.9%23.0%22.4%23.2%21.4%21.1%21.7%24.0%
Pre-tax income713.3871.2928.0924.3770.3721.9634.3587.0
Income taxes164.0215.9199.2235.1182.0202.9176.1176.4
            Tax rate23.0%24.8%21.5%25.4%23.6%28.1%27.8%30.1%
Net income544.9653.5719.8683.8580.4508.5452.7399.6
            Net margin14.6%16.1%16.3%16.3%14.9%13.8%14.4%14.1%
 
Diluted EPS$2.93$3.28$3.55$3.37$2.84$2.48$2.21$1.99
Shares outstanding (diluted)185.8199.4202.7203.1204.3205.0205.1200.7
 
EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges.

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