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Elite Color Environmental Resources Science & Technology Co (SZSE:002998) EV-to-EBIT : 13.77 (As of May. 08, 2024)


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What is Elite Color Environmental Resources Science & Technology Co EV-to-EBIT?

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Elite Color Environmental Resources Science & Technology Co's Enterprise Value is ¥2,370 Mil. Elite Color Environmental Resources Science & Technology Co's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 was ¥172 Mil. Therefore, Elite Color Environmental Resources Science & Technology Co's EV-to-EBIT for today is 13.77.

The historical rank and industry rank for Elite Color Environmental Resources Science & Technology Co's EV-to-EBIT or its related term are showing as below:

SZSE:002998' s EV-to-EBIT Range Over the Past 10 Years
Min: 11.89   Med: 20.34   Max: 27.76
Current: 13.77

During the past 8 years, the highest EV-to-EBIT of Elite Color Environmental Resources Science & Technology Co was 27.76. The lowest was 11.89. And the median was 20.34.

SZSE:002998's EV-to-EBIT is ranked better than
63.08% of 1227 companies
in the Chemicals industry
Industry Median: 17.8 vs SZSE:002998: 13.77

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Elite Color Environmental Resources Science & Technology Co's Enterprise Value for the quarter that ended in Mar. 2024 was ¥2,292 Mil. Elite Color Environmental Resources Science & Technology Co's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 was ¥172 Mil. Elite Color Environmental Resources Science & Technology Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 7.51%.


Elite Color Environmental Resources Science & Technology Co EV-to-EBIT Historical Data

The historical data trend for Elite Color Environmental Resources Science & 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.

Elite Color Environmental Resources Science & Technology Co EV-to-EBIT Chart

Elite Color Environmental Resources Science & Technology Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EV-to-EBIT
Get a 7-Day Free Trial - 15.43 21.98 21.92 15.10

Elite Color Environmental Resources Science & Technology 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 25.05 19.50 16.42 15.10 13.32

Competitive Comparison of Elite Color Environmental Resources Science & Technology Co's EV-to-EBIT

For the Specialty Chemicals subindustry, Elite Color Environmental Resources Science & 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.


Elite Color Environmental Resources Science & Technology Co's EV-to-EBIT Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Elite Color Environmental Resources Science & Technology Co's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Elite Color Environmental Resources Science & Technology Co's EV-to-EBIT falls into.



Elite Color Environmental Resources Science & Technology Co EV-to-EBIT Calculation

Elite Color Environmental Resources Science & Technology Co's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=2370.343/172.098
=13.77

Elite Color Environmental Resources Science & Technology Co's current Enterprise Value is ¥2,370 Mil.
Elite Color Environmental Resources Science & 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 ¥172 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.


Elite Color Environmental Resources Science & Technology Co  (SZSE:002998) 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) %.

Elite Color Environmental Resources Science & 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 )
=172.098/2292.00661
=7.51 %

Elite Color Environmental Resources Science & Technology Co's Enterprise Value for the quarter that ended in Mar. 2024 was ¥2,292 Mil.
Elite Color Environmental Resources Science & 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 ¥172 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.


Elite Color Environmental Resources Science & Technology Co EV-to-EBIT Related Terms

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Elite Color Environmental Resources Science & Technology Co (SZSE:002998) Business Description

Traded in Other Exchanges
N/A
Address
No. 29, Huanxi Road, Zhutang Town, Jiangsu Province, Jiangyin, CHN, 214415
Elite Color Environmental Resources Science & Technology Co Ltd is engaged in research and development, production and sales of polyester fiber and its products. The company manufactures synthetic fiber materials, polyester fiber, clothing, knitwear, and textiles. Its products are used in engineering, automotive interior, civil carpet, and as per customer customization.

Elite Color Environmental Resources Science & Technology Co (SZSE:002998) Headlines

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