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MIC Electronics (NSE:MICEL) EV-to-EBIT : 61.45 (As of May. 12, 2024)


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What is MIC Electronics EV-to-EBIT?

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, MIC Electronics's Enterprise Value is ₹10,502.3 Mil. MIC Electronics's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was ₹170.9 Mil. Therefore, MIC Electronics's EV-to-EBIT for today is 61.45.

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

NSE:MICEL' s EV-to-EBIT Range Over the Past 10 Years
Min: -173.89   Med: -1.12   Max: 431.73
Current: 61.45

During the past 13 years, the highest EV-to-EBIT of MIC Electronics was 431.73. The lowest was -173.89. And the median was -1.12.

NSE:MICEL's EV-to-EBIT is ranked worse than
87.96% of 1703 companies
in the Hardware industry
Industry Median: 16.29 vs NSE:MICEL: 61.45

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. MIC Electronics's Enterprise Value for the quarter that ended in Dec. 2023 was ₹7,484.9 Mil. MIC Electronics's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was ₹170.9 Mil. MIC Electronics's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 2.28%.


MIC Electronics EV-to-EBIT Historical Data

The historical data trend for MIC Electronics'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.

MIC Electronics EV-to-EBIT Chart

MIC Electronics Annual Data
Trend Jun13 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
EV-to-EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only -5.15 -6.08 -8.73 77.48 290.61

MIC Electronics 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 -164.54 290.61 128.53 44.34 43.80

Competitive Comparison of MIC Electronics's EV-to-EBIT

For the Electronic Components subindustry, MIC Electronics'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.


MIC Electronics's EV-to-EBIT Distribution in the Hardware Industry

For the Hardware industry and Technology sector, MIC Electronics's EV-to-EBIT distribution charts can be found below:

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



MIC Electronics EV-to-EBIT Calculation

MIC Electronics's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=10502.319/170.906
=61.45

MIC Electronics's current Enterprise Value is ₹10,502.3 Mil.
MIC Electronics'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 ₹170.9 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.


MIC Electronics  (NSE:MICEL) 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) %.

MIC Electronics'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 )
=170.906/7484.8748
=2.28 %

MIC Electronics's Enterprise Value for the quarter that ended in Dec. 2023 was ₹7,484.9 Mil.
MIC Electronics'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 ₹170.9 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.


MIC Electronics EV-to-EBIT Related Terms

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MIC Electronics (NSE:MICEL) Business Description

Traded in Other Exchanges
Address
Plot No. 192/B, Phase-II, IDA, Cherlapally, Rangareddi, Hyderabad, TG, IND, 500051
MIC Electronics Ltd designs, develops and manufactures light-emitting diode (LED) video displays, high-end electronic and telecommunication equipment, and development of telecom software. The operating segments of the group are LED products; Medical appliances and Automobiles. Its products include LED Lighting, LED Displays, Oxygen concentrators and Batteries. The group primarily derives revenue from India.

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