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Qingdao NovelBeam Technology Co (SHSE:688677) EV-to-EBIT : 32.58 (As of May. 26, 2024)


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What is Qingdao NovelBeam Technology Co EV-to-EBIT?

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Qingdao NovelBeam Technology Co's Enterprise Value is ¥4,904.5 Mil. Qingdao NovelBeam Technology Co's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 was ¥150.6 Mil. Therefore, Qingdao NovelBeam Technology Co's EV-to-EBIT for today is 32.58.

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

SHSE:688677' s EV-to-EBIT Range Over the Past 10 Years
Min: 24.37   Med: 42.76   Max: 76.65
Current: 32.99

During the past 9 years, the highest EV-to-EBIT of Qingdao NovelBeam Technology Co was 76.65. The lowest was 24.37. And the median was 42.76.

SHSE:688677's EV-to-EBIT is ranked worse than
73.36% of 458 companies
in the Medical Devices & Instruments industry
Industry Median: 20.17 vs SHSE:688677: 32.99

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Qingdao NovelBeam Technology Co's Enterprise Value for the quarter that ended in Mar. 2024 was ¥6,193.6 Mil. Qingdao NovelBeam Technology Co's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 was ¥150.6 Mil. Qingdao NovelBeam Technology Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 2.43%.


Qingdao NovelBeam Technology Co EV-to-EBIT Historical Data

The historical data trend for Qingdao NovelBeam 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.

Qingdao NovelBeam Technology Co EV-to-EBIT Chart

Qingdao NovelBeam Technology Co Annual Data
Trend Dec13 Dec14 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EV-to-EBIT
Get a 7-Day Free Trial Premium Member Only - - 56.05 44.76 36.40

Qingdao NovelBeam Technology Co Quarterly Data
Dec18 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 36.90 29.27 32.57 36.40 41.14

Competitive Comparison of Qingdao NovelBeam Technology Co's EV-to-EBIT

For the Medical Instruments & Supplies subindustry, Qingdao NovelBeam 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.


Qingdao NovelBeam Technology Co's EV-to-EBIT Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Qingdao NovelBeam Technology Co's EV-to-EBIT distribution charts can be found below:

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



Qingdao NovelBeam Technology Co EV-to-EBIT Calculation

Qingdao NovelBeam Technology Co's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=4904.539/150.554
=32.58

Qingdao NovelBeam Technology Co's current Enterprise Value is ¥4,904.5 Mil.
Qingdao NovelBeam 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 ¥150.6 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.


Qingdao NovelBeam Technology Co  (SHSE:688677) 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) %.

Qingdao NovelBeam 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 )
=150.554/6193.6036
=2.43 %

Qingdao NovelBeam Technology Co's Enterprise Value for the quarter that ended in Mar. 2024 was ¥6,193.6 Mil.
Qingdao NovelBeam 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 ¥150.6 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.


Qingdao NovelBeam Technology Co EV-to-EBIT Related Terms

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Qingdao NovelBeam Technology Co (SHSE:688677) Business Description

Traded in Other Exchanges
N/A
Address
No. 100, Weisi Road, Keyuan, Laoshan District, Shandong Province, Qingdao, CHN, 266100
Qingdao NovelBeam Technology Co Ltd is engaged in the research and development, production and sales of medical endoscope equipment and optical products. The product portfolio of the group includes Endoscope, Camera coupler, Camera lens, Medical optics, Biometrics and others.
Executives
Wang Fang Hua senior management
Mao Rong Zhuang Core technical personnel
Zheng Jin Lan Supervisors

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