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Ankit Metal & Power (BOM:532870) EV-to-EBIT : -4.50 (As of May. 24, 2024)


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What is Ankit Metal & Power EV-to-EBIT?

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Ankit Metal & Power's Enterprise Value is ₹11,546 Mil. Ankit Metal & Power's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was ₹-2,567 Mil. Therefore, Ankit Metal & Power's EV-to-EBIT for today is -4.50.

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

BOM:532870' s EV-to-EBIT Range Over the Past 10 Years
Min: -49.96   Med: -0.88   Max: 163.87
Current: -4.5

During the past 13 years, the highest EV-to-EBIT of Ankit Metal & Power was 163.87. The lowest was -49.96. And the median was -0.88.

BOM:532870's EV-to-EBIT is ranked worse than
100% of 500 companies
in the Steel industry
Industry Median: 11.53 vs BOM:532870: -4.50

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Ankit Metal & Power's Enterprise Value for the quarter that ended in Dec. 2023 was ₹714 Mil. Ankit Metal & Power's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was ₹-2,567 Mil. Ankit Metal & Power's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was -359.46%.


Ankit Metal & Power EV-to-EBIT Historical Data

The historical data trend for Ankit Metal & Power'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.

Ankit Metal & Power EV-to-EBIT Chart

Ankit Metal & Power 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 -13.66 -38.88 -20.74 -27.03 -11.74

Ankit Metal & Power 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 -1.31 -11.74 -0.33 -5.26 -0.28

Competitive Comparison of Ankit Metal & Power's EV-to-EBIT

For the Steel subindustry, Ankit Metal & Power'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.


Ankit Metal & Power's EV-to-EBIT Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Ankit Metal & Power's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Ankit Metal & Power's EV-to-EBIT falls into.



Ankit Metal & Power EV-to-EBIT Calculation

Ankit Metal & Power's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=11545.524/-2566.622
=-4.50

Ankit Metal & Power's current Enterprise Value is ₹11,546 Mil.
Ankit Metal & Power'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 ₹-2,567 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.


Ankit Metal & Power  (BOM:532870) 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) %.

Ankit Metal & Power'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 )
=-2566.622/714.02166
=-359.46 %

Ankit Metal & Power's Enterprise Value for the quarter that ended in Dec. 2023 was ₹714 Mil.
Ankit Metal & Power'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 ₹-2,567 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.


Ankit Metal & Power EV-to-EBIT Related Terms

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Ankit Metal & Power (BOM:532870) Business Description

Traded in Other Exchanges
Address
132A, S. P. Mukherjee Road, SKP House, Kolkata, WB, IND, 700 026
Ankit Metal & Power Ltd manufactures and sells iron and steel products. Its product portfolio includes Sponge Iron, M.S. Billets, Pig Iron, Ferro Silicon, and others.

Ankit Metal & Power (BOM:532870) Headlines

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