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Hong Kong Exchanges and Clearing (Hong Kong Exchanges and Clearing) EV-to-EBIT : 5.53 (As of May. 05, 2024)


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What is Hong Kong Exchanges and Clearing EV-to-EBIT?

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Hong Kong Exchanges and Clearing's Enterprise Value is $15,569 Mil. Hong Kong Exchanges and Clearing's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was $2,815 Mil. Therefore, Hong Kong Exchanges and Clearing's EV-to-EBIT for today is 5.53.

The historical rank and industry rank for Hong Kong Exchanges and Clearing's EV-to-EBIT or its related term are showing as below:

HKXCY' s EV-to-EBIT Range Over the Past 10 Years
Min: -10.81   Med: 7.26   Max: 29.46
Current: 5.34

During the past 13 years, the highest EV-to-EBIT of Hong Kong Exchanges and Clearing was 29.46. The lowest was -10.81. And the median was 7.26.

HKXCY's EV-to-EBIT is ranked better than
70.59% of 476 companies
in the Capital Markets industry
Industry Median: 9.82 vs HKXCY: 5.34

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Hong Kong Exchanges and Clearing's Enterprise Value for the quarter that ended in Dec. 2023 was $14,915 Mil. Hong Kong Exchanges and Clearing's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was $2,815 Mil. Hong Kong Exchanges and Clearing's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 18.88%.


Hong Kong Exchanges and Clearing EV-to-EBIT Historical Data

The historical data trend for Hong Kong Exchanges and Clearing'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.

Hong Kong Exchanges and Clearing EV-to-EBIT Chart

Hong Kong Exchanges and Clearing 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 7.51 15.88 21.94 10.93 6.03

Hong Kong Exchanges and Clearing Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 11.97 7.23 7.29 6.03 -

Competitive Comparison of Hong Kong Exchanges and Clearing's EV-to-EBIT

For the Financial Data & Stock Exchanges subindustry, Hong Kong Exchanges and Clearing'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.


Hong Kong Exchanges and Clearing's EV-to-EBIT Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Hong Kong Exchanges and Clearing's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Hong Kong Exchanges and Clearing's EV-to-EBIT falls into.



Hong Kong Exchanges and Clearing EV-to-EBIT Calculation

Hong Kong Exchanges and Clearing's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=15568.785/2815.478
=5.53

Hong Kong Exchanges and Clearing's current Enterprise Value is $15,569 Mil.
Hong Kong Exchanges and Clearing'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 $2,815 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.


Hong Kong Exchanges and Clearing  (OTCPK:HKXCY) 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) %.

Hong Kong Exchanges and Clearing'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 )
=2815.478/14915.492
=18.88 %

Hong Kong Exchanges and Clearing's Enterprise Value for the quarter that ended in Dec. 2023 was $14,915 Mil.
Hong Kong Exchanges and Clearing'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 $2,815 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.


Hong Kong Exchanges and Clearing EV-to-EBIT Related Terms

Thank you for viewing the detailed overview of Hong Kong Exchanges and Clearing's EV-to-EBIT provided by GuruFocus.com. Please click on the following links to see related term pages.


Hong Kong Exchanges and Clearing (Hong Kong Exchanges and Clearing) Business Description

Traded in Other Exchanges
Address
8 Connaught Place, 8th Floor, Two Exchange Square, Central, Hong Kong, HKG
Hong Kong Exchanges and Clearing is a vertically integrated securities exchange business offering listing, data, trading, clearing and settlement services across equities, debt and derivatives. HKEx, like Hong Kong itself, functions as a gateway between China and the rest of the world. HKEx serves as a preferred listing venue for Chinese companies outside of China and, through the Connect Scheme, offers two-way trading for a growing group of financial products with the Shanghai Stock Exchange and the Shenzhen Stock Exchange.

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