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Hindalco Industries (NSE:HINDALCO) EV-to-EBIT : 11.17 (As of May. 20, 2024)


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What is Hindalco Industries EV-to-EBIT?

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Hindalco Industries's Enterprise Value is ₹1,857,042 Mil. Hindalco Industries's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was ₹166,270 Mil. Therefore, Hindalco Industries's EV-to-EBIT for today is 11.17.

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

NSE:HINDALCO' s EV-to-EBIT Range Over the Past 10 Years
Min: 2.08   Med: 7.1   Max: 17.18
Current: 11.17

During the past 13 years, the highest EV-to-EBIT of Hindalco Industries was 17.18. The lowest was 2.08. And the median was 7.10.

NSE:HINDALCO's EV-to-EBIT is ranked better than
56.71% of 566 companies
in the Metals & Mining industry
Industry Median: 13.495 vs NSE:HINDALCO: 11.17

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Hindalco Industries's Enterprise Value for the quarter that ended in Dec. 2023 was ₹1,375,198 Mil. Hindalco Industries's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was ₹166,270 Mil. Hindalco Industries's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 12.09%.


Hindalco Industries EV-to-EBIT Historical Data

The historical data trend for Hindalco Industries'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.

Hindalco Industries EV-to-EBIT Chart

Hindalco Industries Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
EV-to-EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.26 6.60 9.54 7.14 7.67

Hindalco Industries 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 5.56 7.67 6.29 10.31 8.27

Competitive Comparison of Hindalco Industries's EV-to-EBIT

For the Aluminum subindustry, Hindalco Industries'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.


Hindalco Industries's EV-to-EBIT Distribution in the Metals & Mining Industry

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

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



Hindalco Industries EV-to-EBIT Calculation

Hindalco Industries's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=1857042.086/166270
=11.17

Hindalco Industries's current Enterprise Value is ₹1,857,042 Mil.
Hindalco Industries'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 ₹166,270 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.


Hindalco Industries  (NSE:HINDALCO) 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) %.

Hindalco Industries'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 )
=166270/1375198.104
=12.09 %

Hindalco Industries's Enterprise Value for the quarter that ended in Dec. 2023 was ₹1,375,198 Mil.
Hindalco Industries'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 ₹166,270 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.


Hindalco Industries EV-to-EBIT Related Terms

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


Hindalco Industries (NSE:HINDALCO) Business Description

Traded in Other Exchanges
Address
Pandurang Budhkar Road, Birla Centurion, 6th & 7th Floor, Worli, Mumbai, MH, IND, 400030
Hindalco Industries Ltd extracts raw materials and produces and sells industrial metals in the below segments: Copper, Aluminum Upstream and Aluminium Downstream, Novelis, and all other Segment. The Copper segment purchases raw materials and produces continuous cast copper rods, copper cathodes, sulphuric acid, gold, and silver. The firm hedges its copper and other precious metals costs through futures contracts in an attempt to match commodity price changes between the time it purchases the raw materials and sells the finished products. The Aluminum segment mines bauxite and produces hydrate and alumina, aluminum, and aluminum-based products. The majority of Hindalco's revenue comes from India. The firm is also expanding internationally with sales and operations worldwide.

Hindalco Industries (NSE:HINDALCO) Headlines

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