GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Zhejiang Dragon Technology Co Ltd (SHSE:603004) » Definitions » EV-to-EBIT

Zhejiang Dragon Technology Co (SHSE:603004) EV-to-EBIT : 17.58 (As of May. 26, 2024)


View and export this data going back to 2023. Start your Free Trial

What is Zhejiang Dragon Technology Co EV-to-EBIT?

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Zhejiang Dragon Technology Co's Enterprise Value is ¥3,596.0 Mil. Zhejiang Dragon Technology Co's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 was ¥204.5 Mil. Therefore, Zhejiang Dragon Technology Co's EV-to-EBIT for today is 17.58.

The historical rank and industry rank for Zhejiang Dragon Technology Co's EV-to-EBIT or its related term are showing as below:

SHSE:603004' s EV-to-EBIT Range Over the Past 10 Years
Min: 10.9   Med: 16.49   Max: 29.08
Current: 17.58

During the past 5 years, the highest EV-to-EBIT of Zhejiang Dragon Technology Co was 29.08. The lowest was 10.90. And the median was 16.49.

SHSE:603004's EV-to-EBIT is ranked worse than
51.71% of 1228 companies
in the Chemicals industry
Industry Median: 17.67 vs SHSE:603004: 17.58

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Zhejiang Dragon Technology Co's Enterprise Value for the quarter that ended in Mar. 2024 was ¥4,189.5 Mil. Zhejiang Dragon Technology Co's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 was ¥204.5 Mil. Zhejiang Dragon Technology Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 4.88%.


Zhejiang Dragon Technology Co EV-to-EBIT Historical Data

The historical data trend for Zhejiang Dragon Technology 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.

Zhejiang Dragon Technology Co EV-to-EBIT Chart

Zhejiang Dragon Technology Co Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
EV-to-EBIT
- - - - 34.64

Zhejiang Dragon Technology Co Quarterly Data
Dec19 Dec20 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 - - - 34.64 20.48

Competitive Comparison of Zhejiang Dragon Technology Co's EV-to-EBIT

For the Chemicals subindustry, Zhejiang Dragon Technology 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.


Zhejiang Dragon Technology Co's EV-to-EBIT Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Zhejiang Dragon Technology Co's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Zhejiang Dragon Technology Co's EV-to-EBIT falls into.



Zhejiang Dragon Technology Co EV-to-EBIT Calculation

Zhejiang Dragon Technology Co's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=3595.956/204.541
=17.58

Zhejiang Dragon Technology Co's current Enterprise Value is ¥3,596.0 Mil.
Zhejiang Dragon Technology 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 ¥204.5 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.


Zhejiang Dragon Technology Co  (SHSE:603004) 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) %.

Zhejiang Dragon Technology 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 )
=204.541/4189.4858
=4.88 %

Zhejiang Dragon Technology Co's Enterprise Value for the quarter that ended in Mar. 2024 was ¥4,189.5 Mil.
Zhejiang Dragon Technology 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 ¥204.5 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.


Zhejiang Dragon Technology Co EV-to-EBIT Related Terms

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


Zhejiang Dragon Technology Co (SHSE:603004) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
No. 66 Qingchun East Road, 16th Floor, Block B, Qingchun Development Building, Zhejiang Province, Hangzhou City, CHN
Zhejiang Dragon Technology Co Ltd is engaged in the research and development, production, sales and trade of fine chemical products. Its products include hair dye raw materials and special engineering material.

Zhejiang Dragon Technology Co (SHSE:603004) Headlines

No Headlines