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Mid India Industries (BOM:500277) EV-to-EBIT : -48.11 (As of May. 12, 2024)


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What is Mid India Industries EV-to-EBIT?

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Mid India Industries's Enterprise Value is ₹193.78 Mil. Mid India Industries's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was ₹-4.03 Mil. Therefore, Mid India Industries's EV-to-EBIT for today is -48.11.

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

BOM:500277' s EV-to-EBIT Range Over the Past 10 Years
Min: -1472.62   Med: -0.12   Max: 90.75
Current: -48.11

During the past 13 years, the highest EV-to-EBIT of Mid India Industries was 90.75. The lowest was -1472.62. And the median was -0.12.

BOM:500277's EV-to-EBIT is ranked worse than
100% of 811 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 14.82 vs BOM:500277: -48.11

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Mid India Industries's Enterprise Value for the quarter that ended in Dec. 2023 was ₹135.78 Mil. Mid India Industries's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was ₹-4.03 Mil. Mid India Industries's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was -2.97%.


Mid India Industries EV-to-EBIT Historical Data

The historical data trend for Mid India Industries'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.

Mid India Industries EV-to-EBIT Chart

Mid India Industries Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
EV-to-EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.11 -39.21 -22.00 17.55 37.15

Mid India Industries 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 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 14.09 37.15 67.94 -171.28 -33.71

Competitive Comparison of Mid India Industries's EV-to-EBIT

For the Textile Manufacturing subindustry, Mid India Industries'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.


Mid India Industries's EV-to-EBIT Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Mid India Industries's EV-to-EBIT distribution charts can be found below:

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



Mid India Industries EV-to-EBIT Calculation

Mid India Industries's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=193.777/-4.028
=-48.11

Mid India Industries's current Enterprise Value is ₹193.78 Mil.
Mid India Industries'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 ₹-4.03 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.


Mid India Industries  (BOM:500277) 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) %.

Mid India Industries's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 is calculated as:

Earnings Yield (Joel Greenblatt) % (Q: Dec. 2023 ) =EBIT / Enterprise Value (Q: Dec. 2023 )
=-4.028/135.779
=-2.97 %

Mid India Industries's Enterprise Value for the quarter that ended in Dec. 2023 was ₹135.78 Mil.
Mid India Industries'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 ₹-4.03 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.


Mid India Industries EV-to-EBIT Related Terms

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Mid India Industries (BOM:500277) Business Description

Traded in Other Exchanges
N/A
Address
401, Princess Centre, 6/3, New Palasia, Indore, MP, IND, 452003
Mid India Industries Ltd is a textile manufacturing company. Principally, it is engaged in the preparation and spinning of cotton fiber including blended cotton. The company offers products under categories regular which consist of cotton yarn, polyester and cotton blended, and polyester yarns and special products including cotton and blended yarn spindles, and rotors. It operates in two business segments that is trading and leasing divison. The firm derives majority revenue through the manufacturing and trading activity of cotton /polyster Cotton blended yarn.

Mid India Industries (BOM:500277) Headlines

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