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Henan Mingtai Al Industrial Co (SHSE:601677) EV-to-EBIT : 9.56 (As of May. 21, 2024)


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What is Henan Mingtai Al Industrial Co EV-to-EBIT?

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Henan Mingtai Al Industrial Co's Enterprise Value is ¥14,118 Mil. Henan Mingtai Al Industrial Co's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 was ¥1,477 Mil. Therefore, Henan Mingtai Al Industrial Co's EV-to-EBIT for today is 9.56.

The historical rank and industry rank for Henan Mingtai Al Industrial Co's EV-to-EBIT or its related term are showing as below:

SHSE:601677' s EV-to-EBIT Range Over the Past 10 Years
Min: 2.6   Med: 11.68   Max: 73.25
Current: 8.4

During the past 13 years, the highest EV-to-EBIT of Henan Mingtai Al Industrial Co was 73.25. The lowest was 2.60. And the median was 11.68.

SHSE:601677's EV-to-EBIT is ranked better than
63.56% of 568 companies
in the Metals & Mining industry
Industry Median: 13.575 vs SHSE:601677: 8.40

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Henan Mingtai Al Industrial Co's Enterprise Value for the quarter that ended in Mar. 2024 was ¥11,432 Mil. Henan Mingtai Al Industrial Co's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 was ¥1,477 Mil. Henan Mingtai Al Industrial Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 12.92%.


Henan Mingtai Al Industrial Co EV-to-EBIT Historical Data

The historical data trend for Henan Mingtai Al Industrial 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.

Henan Mingtai Al Industrial Co EV-to-EBIT Chart

Henan Mingtai Al Industrial 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 4.68 5.59 12.31 8.00 6.75

Henan Mingtai Al Industrial 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 8.66 7.56 7.52 6.75 7.74

Competitive Comparison of Henan Mingtai Al Industrial Co's EV-to-EBIT

For the Aluminum subindustry, Henan Mingtai Al Industrial 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.


Henan Mingtai Al Industrial Co's EV-to-EBIT Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Henan Mingtai Al Industrial Co's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Henan Mingtai Al Industrial Co's EV-to-EBIT falls into.



Henan Mingtai Al Industrial Co EV-to-EBIT Calculation

Henan Mingtai Al Industrial Co's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=14117.609/1476.877
=9.56

Henan Mingtai Al Industrial Co's current Enterprise Value is ¥14,118 Mil.
Henan Mingtai Al Industrial 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 ¥1,477 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.


Henan Mingtai Al Industrial Co  (SHSE:601677) 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) %.

Henan Mingtai Al Industrial 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 )
=1476.877/11432.152
=12.92 %

Henan Mingtai Al Industrial Co's Enterprise Value for the quarter that ended in Mar. 2024 was ¥11,432 Mil.
Henan Mingtai Al Industrial 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 ¥1,477 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.


Henan Mingtai Al Industrial Co EV-to-EBIT Related Terms

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Henan Mingtai Al Industrial Co (SHSE:601677) Business Description

Traded in Other Exchanges
N/A
Address
Huiguo Town Development Zone, Henan Province, Gongyi, CHN, 451283
Henan Mingtai Al Industrial Co Ltd is a China based aluminum processing enterprise. It is involved in the producing and selling aluminum products. The products offered by the company include CTP plate stock, PS plate stock, aluminum electrode capacitor foil, foil stock, deep-draw stock, brazing sheet, alloy sheet and plate, and others. The products are used in different industries such as automobile making, traffic and transportation, packaging and containers, buildings and decorations, electrical and electronic, printing, among others. The company has the business presence in China and other international countries.

Henan Mingtai Al Industrial Co (SHSE:601677) Headlines

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