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Garg Furnace (BOM:530615) EV-to-EBIT : 20.34 (As of May. 25, 2024)


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What is Garg Furnace EV-to-EBIT?

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Garg Furnace's Enterprise Value is ₹1,376 Mil. Garg Furnace's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was ₹68 Mil. Therefore, Garg Furnace's EV-to-EBIT for today is 20.34.

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

BOM:530615' s EV-to-EBIT Range Over the Past 10 Years
Min: -28.91   Med: 0.84   Max: 25.57
Current: 20.33

During the past 13 years, the highest EV-to-EBIT of Garg Furnace was 25.57. The lowest was -28.91. And the median was 0.84.

BOM:530615's EV-to-EBIT is ranked worse than
77.15% of 499 companies
in the Steel industry
Industry Median: 11.51 vs BOM:530615: 20.33

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Garg Furnace's Enterprise Value for the quarter that ended in Dec. 2023 was ₹1,051 Mil. Garg Furnace's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was ₹68 Mil. Garg Furnace's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 6.44%.


Garg Furnace EV-to-EBIT Historical Data

The historical data trend for Garg Furnace'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.

Garg Furnace EV-to-EBIT Chart

Garg Furnace 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 7.55 3.07 -3.86 3.56 3.34

Garg Furnace 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 7.29 3.34 5.93 12.06 15.53

Competitive Comparison of Garg Furnace's EV-to-EBIT

For the Steel subindustry, Garg Furnace'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.


Garg Furnace's EV-to-EBIT Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Garg Furnace's EV-to-EBIT distribution charts can be found below:

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



Garg Furnace EV-to-EBIT Calculation

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

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=1376.077/67.67
=20.34

Garg Furnace's current Enterprise Value is ₹1,376 Mil.
Garg Furnace'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 ₹68 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.


Garg Furnace  (BOM:530615) 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) %.

Garg Furnace'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 )
=67.67/1050.68027
=6.44 %

Garg Furnace's Enterprise Value for the quarter that ended in Dec. 2023 was ₹1,051 Mil.
Garg Furnace'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 ₹68 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.


Garg Furnace EV-to-EBIT Related Terms

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


Garg Furnace (BOM:530615) Business Description

Traded in Other Exchanges
N/A
Address
Kanganwal Road, G.T. Road, V.P.O. Jugiana, Ludhiana, PB, IND, 141120
Garg Furnace Ltd is an India-based company. It is engaged in the manufacturing and trading of alloy and non-alloy steel ingots, wire rods, wire round, mig wire, and casting of iron products. The company operates in a single reportable segment which is the business of manufacturing of Iron and Steel Products such as M.S. Round Ingot, Wire Rod, etc. Geographically, it operates only in India.

Garg Furnace (BOM:530615) Headlines

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