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Zhejiang Xinao Textiles (SHSE:603889) EV-to-EBITDA : 11.68 (As of May. 26, 2024)


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What is Zhejiang Xinao Textiles EV-to-EBITDA?

EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, Zhejiang Xinao Textiles's enterprise value is ¥6,165 Mil. Zhejiang Xinao Textiles's EBITDA for the trailing twelve months (TTM) ended in Mar. 2024 was ¥528 Mil. Therefore, Zhejiang Xinao Textiles's EV-to-EBITDA for today is 11.68.

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

SHSE:603889' s EV-to-EBITDA Range Over the Past 10 Years
Min: 6.92   Med: 13.89   Max: 52.59
Current: 11.68

During the past 13 years, the highest EV-to-EBITDA of Zhejiang Xinao Textiles was 52.59. The lowest was 6.92. And the median was 13.89.

SHSE:603889's EV-to-EBITDA is ranked worse than
52.79% of 877 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 11.17 vs SHSE:603889: 11.68

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 (2024-05-26), Zhejiang Xinao Textiles's stock price is ¥7.60. Zhejiang Xinao Textiles's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2024 was ¥0.560. Therefore, Zhejiang Xinao Textiles's PE Ratio for today is 13.57.

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


Zhejiang Xinao Textiles EV-to-EBITDA Historical Data

The historical data trend for Zhejiang Xinao Textiles'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.

Zhejiang Xinao Textiles EV-to-EBITDA Chart

Zhejiang Xinao Textiles Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EV-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 9.57 6.57 6.07 5.47 7.97

Zhejiang Xinao Textiles Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
EV-to-EBITDA 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 8.05 11.14 12.49 7.97 11.18

Competitive Comparison of Zhejiang Xinao Textiles's EV-to-EBITDA

For the Textile Manufacturing subindustry, Zhejiang Xinao Textiles'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.


Zhejiang Xinao Textiles's EV-to-EBITDA Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Zhejiang Xinao Textiles's EV-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Zhejiang Xinao Textiles's EV-to-EBITDA falls into.



Zhejiang Xinao Textiles EV-to-EBITDA Calculation

Zhejiang Xinao Textiles's EV-to-EBITDA for today is calculated as:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA (TTM)
=6164.527/527.78
=11.68

Zhejiang Xinao Textiles's current Enterprise Value is ¥6,165 Mil.
Zhejiang Xinao Textiles's EBITDA 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 ¥528 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 Xinao Textiles  (SHSE:603889) 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.

Zhejiang Xinao Textiles's PE Ratio for today is calculated as:

PE Ratio=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=7.60/0.560
=13.57

Zhejiang Xinao Textiles's share price for today is ¥7.60.
Zhejiang Xinao Textiles's Earnings per Share (Diluted) 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 ¥0.560.

* 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?


Zhejiang Xinao Textiles EV-to-EBITDA Related Terms

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


Zhejiang Xinao Textiles (SHSE:603889) Business Description

Traded in Other Exchanges
N/A
Address
Guanzhuang Bridge, Chongfu Town, Zhejiang Province, Tongxiang City, CHN, 314511
Zhejiang Xinao Textiles Inc along with its subsidiaries is engaged in research, development, production & sales of worsted yarn. Its products are worsted yarn & intermediate products of wool tops used in the downstream textile & clothing sector.
Executives
Liu Pei Yi Directors, senior managers
Hua Xin Zhong Directors, senior managers
Shen Jian Bo Directors, senior managers
Chen Xing senior management
Wang Ling Hua Directors, senior managers
Yu Xiao Lu senior management
Shen Jian Hua Director
Ping Fen Supervisors
Chen Xue Ming Supervisors
Zhou Xiao Tian Director
Li Xin Xue Director
Zhu Gen Ming Director
Wang Ru Ming Supervisors
Tan Lian Gen senior management
Shen Juan Fen Director

Zhejiang Xinao Textiles (SHSE:603889) Headlines

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