GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Zhejiang Kangsheng Co Ltd (SZSE:002418) » Definitions » EV-to-EBIT

Zhejiang Kangsheng Co (SZSE:002418) EV-to-EBIT : 63.28 (As of May. 27, 2024)


View and export this data going back to 2010. Start your Free Trial

What is Zhejiang Kangsheng Co EV-to-EBIT?

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Zhejiang Kangsheng Co's Enterprise Value is ¥2,998 Mil. Zhejiang Kangsheng Co's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 was ¥47 Mil. Therefore, Zhejiang Kangsheng Co's EV-to-EBIT for today is 63.28.

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

SZSE:002418' s EV-to-EBIT Range Over the Past 10 Years
Min: -9.48   Med: 35.29   Max: 156.38
Current: 63.28

During the past 13 years, the highest EV-to-EBIT of Zhejiang Kangsheng Co was 156.38. The lowest was -9.48. And the median was 35.29.

SZSE:002418's EV-to-EBIT is ranked worse than
94.8% of 500 companies
in the Steel industry
Industry Median: 11.6 vs SZSE:002418: 63.28

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Zhejiang Kangsheng Co's Enterprise Value for the quarter that ended in Mar. 2024 was ¥3,594 Mil. Zhejiang Kangsheng Co's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 was ¥47 Mil. Zhejiang Kangsheng Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 1.32%.


Zhejiang Kangsheng Co EV-to-EBIT Historical Data

The historical data trend for Zhejiang Kangsheng 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 Kangsheng Co EV-to-EBIT Chart

Zhejiang Kangsheng 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 -9.43 23.21 56.39 53.65 60.95

Zhejiang Kangsheng 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 44.37 39.13 40.32 60.95 75.85

Competitive Comparison of Zhejiang Kangsheng Co's EV-to-EBIT

For the Steel subindustry, Zhejiang Kangsheng 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 Kangsheng Co's EV-to-EBIT Distribution in the Steel Industry

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

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



Zhejiang Kangsheng Co EV-to-EBIT Calculation

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

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=2998.448/47.385
=63.28

Zhejiang Kangsheng Co's current Enterprise Value is ¥2,998 Mil.
Zhejiang Kangsheng 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 ¥47 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 Kangsheng Co  (SZSE:002418) 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 Kangsheng 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 )
=47.385/3593.937
=1.32 %

Zhejiang Kangsheng Co's Enterprise Value for the quarter that ended in Mar. 2024 was ¥3,594 Mil.
Zhejiang Kangsheng 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 ¥47 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 Kangsheng Co EV-to-EBIT Related Terms

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


Zhejiang Kangsheng Co (SZSE:002418) Business Description

Traded in Other Exchanges
N/A
Address
No.268 Kangsheng Road, Qiandaohu Town, Chun'an County, Zhejiang Province, Hangzhou, CHN, 311700
Zhejiang Kangsheng Co Ltd is a manufacturer of appliance refrigeration system piping. The company manufactures and sells internally threaded steel pipes, precision copper pipes, steel pipes, aluminum pipes, cold-rolled steel strips, copper strips, refrigerators, freezers, air-conditioning metal pipes and their accessories.
Executives
Chen Han Kang Secretary, Director
Zhou Jing Chun Directors, executives
Wang Li Na Securities Affairs Representative
Huo Du Fang Independent director
Chen Wei Zhi Director
Fang Guang You Supervisors

Zhejiang Kangsheng Co (SZSE:002418) Headlines

No Headlines