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Signet Industries (NSE:SIGIND) EV-to-EBIT : 7.86 (As of May. 21, 2024)


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What is Signet Industries EV-to-EBIT?

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Signet Industries's Enterprise Value is ₹5,669 Mil. Signet Industries's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was ₹721 Mil. Therefore, Signet Industries's EV-to-EBIT for today is 7.86.

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

NSE:SIGIND' s EV-to-EBIT Range Over the Past 10 Years
Min: 0.72   Med: 6.72   Max: 37.99
Current: 7.86

During the past 13 years, the highest EV-to-EBIT of Signet Industries was 37.99. The lowest was 0.72. And the median was 6.72.

NSE:SIGIND's EV-to-EBIT is ranked better than
82.45% of 1225 companies
in the Chemicals industry
Industry Median: 17.89 vs NSE:SIGIND: 7.86

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Signet Industries's Enterprise Value for the quarter that ended in Dec. 2023 was ₹1,919 Mil. Signet Industries's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was ₹721 Mil. Signet Industries's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 37.57%.


Signet Industries EV-to-EBIT Historical Data

The historical data trend for Signet 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.

Signet Industries EV-to-EBIT Chart

Signet 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 5.12 4.71 6.68 7.93 6.67

Signet 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 2.00 6.67 2.29 7.47 2.65

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

For the Specialty Chemicals subindustry, Signet 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.


Signet Industries's EV-to-EBIT Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Signet Industries's EV-to-EBIT distribution charts can be found below:

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



Signet Industries EV-to-EBIT Calculation

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

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=5669.091/721.002
=7.86

Signet Industries's current Enterprise Value is ₹5,669 Mil.
Signet 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 ₹721 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.


Signet Industries  (NSE:SIGIND) 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) %.

Signet 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 )
=721.002/1919.2924
=37.57 %

Signet Industries's Enterprise Value for the quarter that ended in Dec. 2023 was ₹1,919 Mil.
Signet 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 ₹721 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.


Signet Industries EV-to-EBIT Related Terms

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


Signet Industries (NSE:SIGIND) Business Description

Traded in Other Exchanges
Address
Lasudia Mori, Dewas Naka, Survey Number 314/3, SDA Compound, Indore, MP, IND, 452010
Signet Industries Ltd is engaged in the business of merchant trading of all kinds of polymers and other related products. It is also involved in manufacturing micro-irrigation systems, sprinkler pipes, agro fittings, and its allied products, household and plastic molded furniture's. Its primary segments are Manufacturing, Windmill, and Trading. The Manufacturing segment comprises of manufacturing of irrigation and plastic products. Its Windmill includes the wind turbine power unit and the Trading segment involves the trading of Polymers and Plastic Granuals. It derives prime revenue from India.

Signet Industries (NSE:SIGIND) Headlines

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