Tokyo Steel Manufacturing Co (TSE:5423) EV-to-EBIT : 1.91 (As of May. 21, 2024)

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What is Tokyo Steel Manufacturing Co EV-to-EBIT?

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Tokyo Steel Manufacturing Co's Enterprise Value is 円72,661 Mil. Tokyo Steel Manufacturing Co's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was 円38,066 Mil. Therefore, Tokyo Steel Manufacturing Co's EV-to-EBIT for today is 1.91.

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

TSE:5423' s EV-to-EBIT Range Over the Past 10 Years
Min: -0.68 Med: 3.83 Max: 35.23
Current: 1.91

During the past 13 years, the highest EV-to-EBIT of Tokyo Steel Manufacturing Co was 35.23. The lowest was -0.68. And the median was 3.83.

TSE:5423's EV-to-EBIT is ranked better than
94.15% of 496 companies
in the Steel industry
Industry Median: 11.495 vs TSE:5423: 1.91

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Tokyo Steel Manufacturing Co's Enterprise Value for the quarter that ended in Dec. 2023 was 円80,601 Mil. Tokyo Steel Manufacturing Co's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was 円38,066 Mil. Tokyo Steel Manufacturing Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 47.23%.

Tokyo Steel Manufacturing Co EV-to-EBIT Historical Data

The historical data trend for Tokyo Steel Manufacturing 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.

Tokyo Steel Manufacturing Co EV-to-EBIT Chart

Tokyo Steel Manufacturing Co Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

EV-to-EBIT

Get a 7-Day Free Trial

1.27

10.48

2.05

1.72

4.81

Tokyo Steel Manufacturing 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															1.72	1.19	1.99	2.25	-

Competitive Comparison of Tokyo Steel Manufacturing Co's EV-to-EBIT

For the Steel subindustry, Tokyo Steel Manufacturing 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.

Tokyo Steel Manufacturing Co's EV-to-EBIT Distribution in the Steel Industry

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

* The bar in red indicates where Tokyo Steel Manufacturing Co's EV-to-EBIT falls into.

Tokyo Steel Manufacturing Co EV-to-EBIT Calculation

Tokyo Steel Manufacturing Co's EV-to-EBIT for today is calculated as:

EV-to-EBIT	=	Enterprise Value (Today)	/	EBIT (TTM)
	=	72661.222	/	38066
	=	1.91

Tokyo Steel Manufacturing Co's current Enterprise Value is 円72,661 Mil.
Tokyo Steel Manufacturing Co's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was 円38,066 Mil.

Tokyo Steel Manufacturing Co (TSE:5423) 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) %.

Tokyo Steel Manufacturing Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 is calculated as:

Earnings Yield (Joel Greenblatt) % (Q: Dec. 2023 )	=	EBIT	/	Enterprise Value (Q: Dec. 2023 )
	=	38066	/	80601.395
	=	47.23 %

Tokyo Steel Manufacturing Co's Enterprise Value for the quarter that ended in Dec. 2023 was 円80,601 Mil.
Tokyo Steel Manufacturing Co's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was 円38,066 Mil.

Tokyo Steel Manufacturing Co EV-to-EBIT Related Terms

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Tokyo Steel Manufacturing Co (TSE:5423) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Tokyo Steel Manufacturing Co Ltd (TSE:5423) » Definitions » EV-to-EBIT

Comparable Companies

Traded in Other Exchanges

N/A

Address

Kasumigaseki-Tokyu Bldg 15th Floor,, 3-7-1, Kasumigaseki, Chiyoda-ku, Tokyo, JPN, 1000013

Website

http://www.tokyosteel.co.jp

Tokyo Steel Manufacturing Co Ltd is a Japan-based company primarily engaged in production of long steel products and flat steel products. The company's long product portfolio comprises H beams, sheet piles, I-beams, checkered H-beams, channels, and reinforcing bars. The company's flat product portfolio consists of heavy plates, hot-rolled coils, pickled and oiled coils, hot-dip galvanized coils, checkered coils, and steel sheets. These products are used in broad range of applications, including construction, civil engineering, industrial equipment, plant equipment, bridge, and shipbuilding. The company has four plants located in Tahara, Okayama, Kyushu, and Utsunomiya. Tokyo Steel Manufacturing generates most of its revenue from the Japanese domestic market.

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