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Vedant Asset (BOM:543623) EV-to-EBITDA : 19.87 (As of May. 21, 2024)


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What is Vedant Asset EV-to-EBITDA?

EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, Vedant Asset's enterprise value is ₹80.74 Mil. Vedant Asset's EBITDA for the trailing twelve months (TTM) ended in Sep. 2023 was ₹4.06 Mil. Therefore, Vedant Asset's EV-to-EBITDA for today is 19.87.

The historical rank and industry rank for Vedant Asset's EV-to-EBITDA or its related term are showing as below:

BOM:543623' s EV-to-EBITDA Range Over the Past 10 Years
Min: 17.91   Med: 22.28   Max: 67.9
Current: 19.87

During the past 4 years, the highest EV-to-EBITDA of Vedant Asset was 67.90. The lowest was 17.91. And the median was 22.28.

BOM:543623's EV-to-EBITDA is ranked worse than
75.98% of 508 companies
in the Asset Management industry
Industry Median: 8.5 vs BOM:543623: 19.87

EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio to determine the fair market value of a company.

As of today (2024-05-21), Vedant Asset's stock price is ₹42.00. Vedant Asset's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Sep. 2023 was ₹0.868. Therefore, Vedant Asset's PE Ratio for today is 48.39.

The "classic" EV-to-EBITDA is much better in capturing debt and net cash than the PE Ratio.


Vedant Asset EV-to-EBITDA Historical Data

The historical data trend for Vedant Asset's EV-to-EBITDA 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.

Vedant Asset EV-to-EBITDA Chart

Vedant Asset Annual Data
Trend Mar20 Mar21 Mar22 Mar23
EV-to-EBITDA
- - - 22.42

Vedant Asset Semi-Annual Data
Mar20 Mar21 Mar22 Sep22 Mar23 Sep23
EV-to-EBITDA Get a 7-Day Free Trial - - - 22.42 -

Competitive Comparison of Vedant Asset's EV-to-EBITDA

For the Asset Management subindustry, Vedant Asset's EV-to-EBITDA, along with its competitors' market caps and EV-to-EBITDA 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.


Vedant Asset's EV-to-EBITDA Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Vedant Asset's EV-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Vedant Asset's EV-to-EBITDA falls into.



Vedant Asset EV-to-EBITDA Calculation

Vedant Asset's EV-to-EBITDA for today is calculated as:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA (TTM)
=80.738/4.064
=19.87

Vedant Asset's current Enterprise Value is ₹80.74 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Vedant Asset's EBITDA for the trailing twelve months (TTM) ended in Sep. 2023 was ₹4.06 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.


Vedant Asset  (BOM:543623) EV-to-EBITDA Explanation

EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio to determine the fair market value of a company.

Vedant Asset's PE Ratio for today is calculated as:

PE Ratio=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=42.00/0.868
=48.39

Vedant Asset's share price for today is ₹42.00.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Vedant Asset's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Sep. 2023 was ₹0.868.

* 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.

Study has found that the companies with the lowest EV-to-EBITDA outperforms companies measured as cheap by other ratios such as PE Ratio.

Please read Which price ratio outperforms the enterprise multiple?


Vedant Asset EV-to-EBITDA Related Terms

Thank you for viewing the detailed overview of Vedant Asset's EV-to-EBITDA provided by GuruFocus.com. Please click on the following links to see related term pages.


Vedant Asset (BOM:543623) Business Description

Traded in Other Exchanges
N/A
Address
3 rd Floor, Gayways House, Pee Pee Compound, Ranchi, JH, IND, 834001
Vedant Asset Ltd is engaged in a Financial Investment Super Market for private and rural investors. The core business is to earn revenue from brokerage and commission by managing funds of investors with various mutual fund houses and providing Banking Correspondence Services in association with various banks.

Vedant Asset (BOM:543623) Headlines

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