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Hefei Meyer Optoelectronic Technology (SZSE:002690) EV-to-EBIT : 16.67 (As of May. 26, 2024)


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What is Hefei Meyer Optoelectronic Technology EV-to-EBIT?

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Hefei Meyer Optoelectronic Technology's Enterprise Value is ¥13,428 Mil. Hefei Meyer Optoelectronic Technology's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 was ¥805 Mil. Therefore, Hefei Meyer Optoelectronic Technology's EV-to-EBIT for today is 16.67.

The historical rank and industry rank for Hefei Meyer Optoelectronic Technology's EV-to-EBIT or its related term are showing as below:

SZSE:002690' s EV-to-EBIT Range Over the Past 10 Years
Min: 14.29   Med: 39.62   Max: 118.8
Current: 16.65

During the past 13 years, the highest EV-to-EBIT of Hefei Meyer Optoelectronic Technology was 118.80. The lowest was 14.29. And the median was 39.62.

SZSE:002690's EV-to-EBIT is ranked worse than
50.11% of 2375 companies
in the Industrial Products industry
Industry Median: 16.79 vs SZSE:002690: 16.65

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Hefei Meyer Optoelectronic Technology's Enterprise Value for the quarter that ended in Mar. 2024 was ¥15,502 Mil. Hefei Meyer Optoelectronic Technology's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 was ¥805 Mil. Hefei Meyer Optoelectronic Technology's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 5.20%.


Hefei Meyer Optoelectronic Technology EV-to-EBIT Historical Data

The historical data trend for Hefei Meyer Optoelectronic Technology'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.

Hefei Meyer Optoelectronic Technology EV-to-EBIT Chart

Hefei Meyer Optoelectronic Technology 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 40.97 56.50 42.01 26.13 18.24

Hefei Meyer Optoelectronic Technology 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 34.96 27.79 21.16 18.24 19.25

Competitive Comparison of Hefei Meyer Optoelectronic Technology's EV-to-EBIT

For the Specialty Industrial Machinery subindustry, Hefei Meyer Optoelectronic Technology'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.


Hefei Meyer Optoelectronic Technology's EV-to-EBIT Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Hefei Meyer Optoelectronic Technology's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Hefei Meyer Optoelectronic Technology's EV-to-EBIT falls into.



Hefei Meyer Optoelectronic Technology EV-to-EBIT Calculation

Hefei Meyer Optoelectronic Technology's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=13428.319/805.4
=16.67

Hefei Meyer Optoelectronic Technology's current Enterprise Value is ¥13,428 Mil.
Hefei Meyer Optoelectronic Technology'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 ¥805 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.


Hefei Meyer Optoelectronic Technology  (SZSE:002690) 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) %.

Hefei Meyer Optoelectronic Technology'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 )
=805.4/15501.7875
=5.20 %

Hefei Meyer Optoelectronic Technology's Enterprise Value for the quarter that ended in Mar. 2024 was ¥15,502 Mil.
Hefei Meyer Optoelectronic Technology'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 ¥805 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.


Hefei Meyer Optoelectronic Technology EV-to-EBIT Related Terms

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Hefei Meyer Optoelectronic Technology (SZSE:002690) Business Description

Traded in Other Exchanges
N/A
Address
No. 668 Wangjiang Road, Hefei Hi-tech Industrial Development Zone, Anhui Province, Hefei, CHN, 230088
Hefei Meyer Optoelectronic Technology Inc develops, manufactures and sells photoelectric detection and classification equipment. Its products include Color Sorter, X-ray inspection and others.
Executives
Hao Xian Jin Director
Tian Ming Director
Jiang Dong Executives
Zhang Jian Jun Executives
Ni Ying Jiu Executives
Xu Peng Directors, executives
Lin Mao Xian Directors, executives
Xiang Cheng Executives
Zhao Hui Fang Independent director
Han Li Ming Supervisors
Yu Neng Hong Director

Hefei Meyer Optoelectronic Technology (SZSE:002690) Headlines

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