GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Tongling Jingda Special Magnet Wire Co Ltd (SHSE:600577) » Definitions » EV-to-EBIT

Tongling Jingda Special Magnet Wire Co (SHSE:600577) EV-to-EBIT : 16.90 (As of May. 21, 2024)


View and export this data going back to 2002. Start your Free Trial

What is Tongling Jingda Special Magnet Wire Co EV-to-EBIT?

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Tongling Jingda Special Magnet Wire Co's Enterprise Value is ¥11,337 Mil. Tongling Jingda Special Magnet Wire Co's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 was ¥671 Mil. Therefore, Tongling Jingda Special Magnet Wire Co's EV-to-EBIT for today is 16.90.

The historical rank and industry rank for Tongling Jingda Special Magnet Wire Co's EV-to-EBIT or its related term are showing as below:

SHSE:600577' s EV-to-EBIT Range Over the Past 10 Years
Min: 7.13   Med: 18.72   Max: 96.82
Current: 16.99

During the past 13 years, the highest EV-to-EBIT of Tongling Jingda Special Magnet Wire Co was 96.82. The lowest was 7.13. And the median was 18.72.

SHSE:600577's EV-to-EBIT is ranked better than
50.59% of 2374 companies
in the Industrial Products industry
Industry Median: 17.19 vs SHSE:600577: 16.99

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Tongling Jingda Special Magnet Wire Co's Enterprise Value for the quarter that ended in Mar. 2024 was ¥12,930 Mil. Tongling Jingda Special Magnet Wire Co's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 was ¥671 Mil. Tongling Jingda Special Magnet Wire Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 5.19%.


Tongling Jingda Special Magnet Wire Co EV-to-EBIT Historical Data

The historical data trend for Tongling Jingda Special Magnet Wire Co'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.

Tongling Jingda Special Magnet Wire Co EV-to-EBIT Chart

Tongling Jingda Special Magnet Wire Co 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 8.11 9.77 19.01 18.50 15.36

Tongling Jingda Special Magnet Wire Co 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 19.05 17.94 16.78 15.36 19.27

Competitive Comparison of Tongling Jingda Special Magnet Wire Co's EV-to-EBIT

For the Electrical Equipment & Parts subindustry, Tongling Jingda Special Magnet Wire Co'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.


Tongling Jingda Special Magnet Wire Co's EV-to-EBIT Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Tongling Jingda Special Magnet Wire Co's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Tongling Jingda Special Magnet Wire Co's EV-to-EBIT falls into.



Tongling Jingda Special Magnet Wire Co EV-to-EBIT Calculation

Tongling Jingda Special Magnet Wire Co's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=11337.323/670.914
=16.90

Tongling Jingda Special Magnet Wire Co's current Enterprise Value is ¥11,337 Mil.
Tongling Jingda Special Magnet Wire Co's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ¥671 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.


Tongling Jingda Special Magnet Wire Co  (SHSE:600577) 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) %.

Tongling Jingda Special Magnet Wire Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 is calculated as:

Earnings Yield (Joel Greenblatt) % (Q: Mar. 2024 ) =EBIT / Enterprise Value (Q: Mar. 2024 )
=670.914/12930.2902
=5.19 %

Tongling Jingda Special Magnet Wire Co's Enterprise Value for the quarter that ended in Mar. 2024 was ¥12,930 Mil.
Tongling Jingda Special Magnet Wire Co's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ¥671 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.


Tongling Jingda Special Magnet Wire Co EV-to-EBIT Related Terms

Thank you for viewing the detailed overview of Tongling Jingda Special Magnet Wire Co's EV-to-EBIT provided by GuruFocus.com. Please click on the following links to see related term pages.


Tongling Jingda Special Magnet Wire Co (SHSE:600577) Business Description

Traded in Other Exchanges
N/A
Address
Wu Tong Road, Economic and Technological Development Zone, tongling, Anhui, CHN, 244000
Tongling Jingda Special Magnet Wire Co Ltd manufactures magnet wire. Its products include Magnet wire; Automobile wire; Special conductor; Rod material and Die.

Tongling Jingda Special Magnet Wire Co (SHSE:600577) Headlines

No Headlines