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Concord New Energy Group (Concord New Energy Group) EV-to-EBIT : 11.29 (As of May. 21, 2024)


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What is Concord New Energy Group EV-to-EBIT?

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Concord New Energy Group's Enterprise Value is $2,671.4 Mil. Concord New Energy Group's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was $236.7 Mil. Therefore, Concord New Energy Group's EV-to-EBIT for today is 11.29.

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

CWPWF' s EV-to-EBIT Range Over the Past 10 Years
Min: 7.19   Med: 10.71   Max: 25.53
Current: 11.29

During the past 13 years, the highest EV-to-EBIT of Concord New Energy Group was 25.53. The lowest was 7.19. And the median was 10.71.

CWPWF's EV-to-EBIT is ranked better than
66.76% of 340 companies
in the Utilities - Independent Power Producers industry
Industry Median: 15.11 vs CWPWF: 11.29

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Concord New Energy Group's Enterprise Value for the quarter that ended in Dec. 2023 was $2,630.1 Mil. Concord New Energy Group's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was $236.7 Mil. Concord New Energy Group's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 9.00%.


Concord New Energy Group EV-to-EBIT Historical Data

The historical data trend for Concord New Energy Group'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.

Concord New Energy Group EV-to-EBIT Chart

Concord New Energy Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EV-to-EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 10.81 9.09 10.21 9.72 11.33

Concord New Energy Group Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 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 10.21 - 9.72 - 11.33

Competitive Comparison of Concord New Energy Group's EV-to-EBIT

For the Utilities - Renewable subindustry, Concord New Energy Group'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.


Concord New Energy Group's EV-to-EBIT Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Concord New Energy Group's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Concord New Energy Group's EV-to-EBIT falls into.



Concord New Energy Group EV-to-EBIT Calculation

Concord New Energy Group's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=2671.409/236.715
=11.29

Concord New Energy Group's current Enterprise Value is $2,671.4 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Concord New Energy Group's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was $236.7 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.


Concord New Energy Group  (OTCPK:CWPWF) 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) %.

Concord New Energy Group'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 )
=236.715/2630.053944
=9.00 %

Concord New Energy Group's Enterprise Value for the quarter that ended in Dec. 2023 was $2,630.1 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Concord New Energy Group's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was $236.7 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.


Concord New Energy Group EV-to-EBIT Related Terms

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


Concord New Energy Group (Concord New Energy Group) Business Description

Traded in Other Exchanges
Address
16 Harcourt Road, Suite 3901, 39th Floor, Far East Finance Centre, Admiralty, Hong Kong, HKG
Concord New Energy Group Ltd is an investment holding company. The principal activities of the company are investment in power plants, provision of design, technical and consultation services, and provision of power plant operation and maintenance services. The operating segments of the company are power generation which includes the operation of wind and solar power plants, Intelligent operation and maintenance segment which includes provision operation and maintenance, asset management, overhaul & commissioning service for wind and solar power plants; and others segment which includes the provision of design, technical and consultancy services, undertaking electrical engineering and construction of power plant projects. The company generates its revenue from the power generation segment.

Concord New Energy Group (Concord New Energy Group) Headlines

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