Tianqi Lithium (HKSE:09696) EV-to-EBIT : 4.08 (As of May. 13, 2024)

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What is Tianqi Lithium EV-to-EBIT?

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Tianqi Lithium's Enterprise Value is HK$56,359 Mil. Tianqi Lithium's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was HK$13,818 Mil. Therefore, Tianqi Lithium's EV-to-EBIT for today is 4.08.

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

HKSE:09696' s EV-to-EBIT Range Over the Past 10 Years
Min: 1.65 Med: 2.1 Max: 8.54
Current: 4.08

During the past 5 years, the highest EV-to-EBIT of Tianqi Lithium was 8.54. The lowest was 1.65. And the median was 2.10.

HKSE:09696's EV-to-EBIT is ranked better than
81.6% of 576 companies
in the Metals & Mining industry
Industry Median: 12.91 vs HKSE:09696: 4.08

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Tianqi Lithium's Enterprise Value for the quarter that ended in Dec. 2023 was HK$76,461 Mil. Tianqi Lithium's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was HK$13,818 Mil. Tianqi Lithium's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 18.07%.

Tianqi Lithium EV-to-EBIT Historical Data

The historical data trend for Tianqi Lithium'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.

Tianqi Lithium EV-to-EBIT Chart

Tianqi Lithium Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

EV-to-EBIT

2.03

1.90

Tianqi Lithium Quarterly Data
	Dec19	Dec20	Mar21	Jun21	Dec21	Mar22	Jun22	Sep22	Dec22	Jun23	Sep23	Dec23	Mar24
EV-to-EBIT	Get a 7-Day Free Trial								2.03	3.29	2.90	1.90	-

Competitive Comparison of Tianqi Lithium's EV-to-EBIT

For the Other Industrial Metals & Mining subindustry, Tianqi Lithium'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.

Tianqi Lithium's EV-to-EBIT Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Tianqi Lithium's EV-to-EBIT distribution charts can be found below:

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

Tianqi Lithium EV-to-EBIT Calculation

Tianqi Lithium's EV-to-EBIT for today is calculated as:

EV-to-EBIT	=	Enterprise Value (Today)	/	EBIT (TTM)
	=	56358.908	/	13818.333
	=	4.08

Tianqi Lithium's current Enterprise Value is HK$56,359 Mil.
Tianqi Lithium'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$13,818 Mil.

Tianqi Lithium (HKSE:09696) 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) %.

Tianqi Lithium'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 )
	=	13818.333	/	76460.802
	=	18.07 %

Tianqi Lithium's Enterprise Value for the quarter that ended in Dec. 2023 was HK$76,461 Mil.
Tianqi Lithium'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$13,818 Mil.

Tianqi Lithium EV-to-EBIT Related Terms

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Tianqi Lithium (HKSE:09696) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Tianqi Lithium Corp (HKSE:09696) » Definitions » EV-to-EBIT

Comparable Companies

Traded in Other Exchanges

2220:Germany

Address

No. 10 East Gaopeng Road, Building 1, Hi-Tech Zone, Sichuan, Chengdu, CHN

Website

http://www.tianqilithium.com

Tianqi Lithium is a leading new energy materials company headquartered in China. The company is the largest producer of mined lithium globally in terms of output and is ranked third in terms of revenue generated from lithium, according to Wood Mackenzie. It is also the world's fourth largest and Asia's second largest lithium compound producer, as measured by production output, according to the same source. Tianqi is the only lithium producer in China that has achieved 100% self-sufficiency and has fully vertically integrated lithium mines. It operates in critical stages of the lithium value chain, including: 1) mining of lithium ore and manufacturing of lithium concentrate; and 2) manufacturing of lithium compounds and derivatives.

Tianqi Lithium (HKSE:09696) Headlines

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