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Telefonaktiebolaget L M Ericsson (Telefonaktiebolaget L M Ericsson) EV-to-EBIT : -11.14 (As of Apr. 26, 2024)


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What is Telefonaktiebolaget L M Ericsson EV-to-EBIT?

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Telefonaktiebolaget L M Ericsson's Enterprise Value is $17,674 Mil. Telefonaktiebolaget L M Ericsson's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 was $-1,586 Mil. Therefore, Telefonaktiebolaget L M Ericsson's EV-to-EBIT for today is -11.14.

The historical rank and industry rank for Telefonaktiebolaget L M Ericsson's EV-to-EBIT or its related term are showing as below:

ERIC' s EV-to-EBIT Range Over the Past 10 Years
Min: -4844.1   Med: 10.23   Max: 67.66
Current: -10.68

During the past 13 years, the highest EV-to-EBIT of Telefonaktiebolaget L M Ericsson was 67.66. The lowest was -4844.10. And the median was 10.23.

ERIC's EV-to-EBIT is ranked worse than
100% of 1712 companies
in the Hardware industry
Industry Median: 16.195 vs ERIC: -10.68

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Telefonaktiebolaget L M Ericsson's Enterprise Value for the quarter that ended in Mar. 2024 was $18,618 Mil. Telefonaktiebolaget L M Ericsson's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 was $-1,586 Mil. Telefonaktiebolaget L M Ericsson's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was -8.52%.


Telefonaktiebolaget L M Ericsson EV-to-EBIT Historical Data

The historical data trend for Telefonaktiebolaget L M Ericsson'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.

Telefonaktiebolaget L M Ericsson EV-to-EBIT Chart

Telefonaktiebolaget L M Ericsson 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 25.05 10.77 9.92 7.25 -10.61

Telefonaktiebolaget L M Ericsson 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 7.67 10.85 -10.10 -10.61 -10.63

Competitive Comparison of Telefonaktiebolaget L M Ericsson's EV-to-EBIT

For the Communication Equipment subindustry, Telefonaktiebolaget L M Ericsson'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.


Telefonaktiebolaget L M Ericsson's EV-to-EBIT Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Telefonaktiebolaget L M Ericsson's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Telefonaktiebolaget L M Ericsson's EV-to-EBIT falls into.



Telefonaktiebolaget L M Ericsson EV-to-EBIT Calculation

Telefonaktiebolaget L M Ericsson's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=17673.583/-1585.88
=-11.14

Telefonaktiebolaget L M Ericsson's current Enterprise Value is $17,674 Mil.
Telefonaktiebolaget L M Ericsson'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 $-1,586 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.


Telefonaktiebolaget L M Ericsson  (NAS:ERIC) 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) %.

Telefonaktiebolaget L M Ericsson'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 )
=-1585.88/18617.5277
=-8.52 %

Telefonaktiebolaget L M Ericsson's Enterprise Value for the quarter that ended in Mar. 2024 was $18,618 Mil.
Telefonaktiebolaget L M Ericsson'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 $-1,586 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.


Telefonaktiebolaget L M Ericsson EV-to-EBIT Related Terms

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Telefonaktiebolaget L M Ericsson (Telefonaktiebolaget L M Ericsson) Business Description

Address
Torshamnsgatan 21, Kista, Stockholm, SWE, SE-164 83
Ericsson provides telecom equipment and services that are primarily used to build and facilitate mobile networks through operations in three segments: networks, cloud and software services, and enterprises. The firm's customers have historically been primarily wireless carriers, but the firm is making a push to cater more to other enterprises as well, both as they try to take advantage of 5G capabilities and on other "as-a-service" communications platforms. The company also licenses its patents to handset manufacturers so their devices are compatible with wireless networks.