Midea Real Estate Holding (HKSE:03990) EV-to-EBIT : 6.04 (As of May. 28, 2024)

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What is Midea Real Estate Holding EV-to-EBIT?

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Midea Real Estate Holding's Enterprise Value is HK$29,619 Mil. Midea Real Estate Holding's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was HK$4,908 Mil. Therefore, Midea Real Estate Holding's EV-to-EBIT for today is 6.04.

The historical rank and industry rank for Midea Real Estate Holding's EV-to-EBIT or its related term are showing as below:

HKSE:03990' s EV-to-EBIT Range Over the Past 10 Years
Min: 6.02 Med: 8.49 Max: 11.65
Current: 6.04

During the past 9 years, the highest EV-to-EBIT of Midea Real Estate Holding was 11.65. The lowest was 6.02. And the median was 8.49.

HKSE:03990's EV-to-EBIT is ranked better than
81% of 1337 companies
in the Real Estate industry
Industry Median: 13.41 vs HKSE:03990: 6.04

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Midea Real Estate Holding's Enterprise Value for the quarter that ended in Dec. 2023 was HK$57,282 Mil. Midea Real Estate Holding's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was HK$4,908 Mil. Midea Real Estate Holding's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 8.57%.

Midea Real Estate Holding EV-to-EBIT Historical Data

The historical data trend for Midea Real Estate Holding'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.

Midea Real Estate Holding EV-to-EBIT Chart

Midea Real Estate Holding Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

EV-to-EBIT

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8.55

9.94

7.66

9.70

11.67

Midea Real Estate Holding Semi-Annual Data
	Dec15	Dec16	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
EV-to-EBIT	Get a 7-Day Free Trial										7.66	-	9.70	-	11.67

Competitive Comparison of Midea Real Estate Holding's EV-to-EBIT

For the Real Estate Services subindustry, Midea Real Estate Holding'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.

Midea Real Estate Holding's EV-to-EBIT Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Midea Real Estate Holding's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Midea Real Estate Holding's EV-to-EBIT falls into.

Midea Real Estate Holding EV-to-EBIT Calculation

Midea Real Estate Holding's EV-to-EBIT for today is calculated as:

EV-to-EBIT	=	Enterprise Value (Today)	/	EBIT (TTM)
	=	29618.778	/	4907.767
	=	6.04

Midea Real Estate Holding's current Enterprise Value is HK$29,619 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Midea Real Estate Holding's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was HK$4,908 Mil.

Midea Real Estate Holding (HKSE:03990) 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) %.

Midea Real Estate Holding'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 )
	=	4907.767	/	57281.9887
	=	8.57 %

Midea Real Estate Holding's Enterprise Value for the quarter that ended in Dec. 2023 was HK$57,282 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Midea Real Estate Holding's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was HK$4,908 Mil.

Midea Real Estate Holding EV-to-EBIT Related Terms

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

Midea Real Estate Holding (HKSE:03990) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Midea Real Estate Holding Ltd (HKSE:03990) » Definitions » EV-to-EBIT

Comparable Companies

Traded in Other Exchanges

MR9:Germany

Address

No.1 Chengde Road, 34th Floor, Tower 4, Midea Real Estate Plaza, Shunde District, Guangdong Province, Foshan, CHN, 528311

Website

https://www.mideadc.com

Midea Real Estate Holding Ltd is a real estate development company that offers real estate services. It operates through three principal business segments: Property development and sales; Property management services; and Investment and operation of commercial properties. Property development and sales generates most of the revenue.

Executives

He Jianfeng	2202 Interest of your spouse
He Xiangjian	2103 Interests held jointly with another person
Midea Development Holding (bvi) Limited	2101 Beneficial owner
Lu Deyan	2201 Interest of corporation controlled by you
Ya Ge Er Ji Tuan Gu Fen You Xian Gong Si	2101 Beneficial owner

Midea Real Estate Holding (HKSE:03990) Headlines

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