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Tongcheng Travel Holdings (HKSE:00780) EV-to-EBIT : 18.38 (As of May. 13, 2024)


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What is Tongcheng Travel Holdings EV-to-EBIT?

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Tongcheng Travel Holdings's Enterprise Value is HK$40,369 Mil. Tongcheng Travel Holdings's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was HK$2,196 Mil. Therefore, Tongcheng Travel Holdings's EV-to-EBIT for today is 18.38.

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

HKSE:00780' s EV-to-EBIT Range Over the Past 10 Years
Min: 12.62   Med: 33.8   Max: 2556.17
Current: 18.38

During the past 9 years, the highest EV-to-EBIT of Tongcheng Travel Holdings was 2556.17. The lowest was 12.62. And the median was 33.80.

HKSE:00780's EV-to-EBIT is ranked worse than
57.3% of 630 companies
in the Travel & Leisure industry
Industry Median: 16.19 vs HKSE:00780: 18.38

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Tongcheng Travel Holdings's Enterprise Value for the quarter that ended in Dec. 2023 was HK$26,492 Mil. Tongcheng Travel Holdings's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was HK$2,196 Mil. Tongcheng Travel Holdings's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 8.29%.


Tongcheng Travel Holdings EV-to-EBIT Historical Data

The historical data trend for Tongcheng Travel Holdings'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.

Tongcheng Travel Holdings EV-to-EBIT Chart

Tongcheng Travel Holdings Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EV-to-EBIT
Get a 7-Day Free Trial Premium Member Only 22.55 51.01 23.61 -137,721.56 12.13

Tongcheng Travel Holdings 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 -137,721.56 89.66 29.14 18.64 12.13

Competitive Comparison of Tongcheng Travel Holdings's EV-to-EBIT

For the Travel Services subindustry, Tongcheng Travel Holdings'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.


Tongcheng Travel Holdings's EV-to-EBIT Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Tongcheng Travel Holdings's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Tongcheng Travel Holdings's EV-to-EBIT falls into.



Tongcheng Travel Holdings EV-to-EBIT Calculation

Tongcheng Travel Holdings's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=40369.032/2196.482
=18.38

Tongcheng Travel Holdings's current Enterprise Value is HK$40,369 Mil.
Tongcheng Travel Holdings'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 HK$2,196 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.


Tongcheng Travel Holdings  (HKSE:00780) 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) %.

Tongcheng Travel Holdings'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 )
=2196.482/26491.7026
=8.29 %

Tongcheng Travel Holdings's Enterprise Value for the quarter that ended in Dec. 2023 was HK$26,492 Mil.
Tongcheng Travel Holdings'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 HK$2,196 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.


Tongcheng Travel Holdings EV-to-EBIT Related Terms

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Tongcheng Travel Holdings (HKSE:00780) Business Description

Traded in Other Exchanges
Address
No. 188, Yuxin Road, Tongcheng Mansion, Suzhou Industrial Park, Jiangsu, CHN
Tongcheng Travel is an online travel agency platform that provides booking services for hotel and ticketing in China. It generated 88% of its revenue from accommodation reservations and transportation ticketing in the third quarter of 2022. The rest came from advertising and in-house software sales. The platform provides both online and offline services in the form of call centers. Tongcheng Travel was formed from the merger of Tongcheng Network and eLong in 2018. It is currently 21.38% owned by Tencent and 20.86% by Trip.com. Tongcheng targets lower-tier cities and as of 2021, 86.7% of its users are from non-first-tier cities in China and 61.7% of new paying users on Weixin were from Tier 3 or below cities in China. The company competes with Trip.com, Alibaba's Fliggy, and Meituan.

Tongcheng Travel Holdings (HKSE:00780) Headlines

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