GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Sysmex Corp (TSE:6869) » Definitions » EV-to-EBIT

Sysmex (TSE:6869) EV-to-EBIT : 20.85 (As of May. 11, 2024)


View and export this data going back to 1996. Start your Free Trial

What is Sysmex EV-to-EBIT?

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Sysmex's Enterprise Value is 円1,605,231 Mil. Sysmex's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 was 円76,984 Mil. Therefore, Sysmex's EV-to-EBIT for today is 20.85.

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

TSE:6869' s EV-to-EBIT Range Over the Past 10 Years
Min: 18.08   Med: 26.82   Max: 58.82
Current: 20.85

During the past 13 years, the highest EV-to-EBIT of Sysmex was 58.82. The lowest was 18.08. And the median was 26.82.

TSE:6869's EV-to-EBIT is ranked worse than
50.33% of 455 companies
in the Medical Devices & Instruments industry
Industry Median: 20.82 vs TSE:6869: 20.85

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Sysmex's Enterprise Value for the quarter that ended in Mar. 2024 was 円1,638,816 Mil. Sysmex's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 was 円76,984 Mil. Sysmex's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 4.70%.


Sysmex EV-to-EBIT Historical Data

The historical data trend for Sysmex'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.

Sysmex EV-to-EBIT Chart

Sysmex Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
EV-to-EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 31.80 51.94 27.81 25.06 21.29

Sysmex 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 25.06 28.60 20.99 22.96 21.29

Competitive Comparison of Sysmex's EV-to-EBIT

For the Medical Instruments & Supplies subindustry, Sysmex'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.


Sysmex's EV-to-EBIT Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Sysmex's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Sysmex's EV-to-EBIT falls into.



Sysmex EV-to-EBIT Calculation

Sysmex's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=1605231.016/76984
=20.85

Sysmex's current Enterprise Value is 円1,605,231 Mil.
Sysmex'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 円76,984 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.


Sysmex  (TSE:6869) 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) %.

Sysmex'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 )
=76984/1638815.5885
=4.70 %

Sysmex's Enterprise Value for the quarter that ended in Mar. 2024 was 円1,638,816 Mil.
Sysmex'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 円76,984 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.


Sysmex EV-to-EBIT Related Terms

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


Sysmex (TSE:6869) Business Description

Traded in Other Exchanges
Address
1-5-1 Wakinohara-Kaigandori, Chuo-ku, Hyogo Prefecture, Kobe, JPN, 6510073
Sysmex Corp manufactures and distributes in vitro diagnostic instruments, reagents, and software. The vast majority of the firm's revenue comes from selling tests for human bodily fluids to hospitals and commercial laboratories. Within this industry, the firm specializes in hematology reagents and instruments. Sysmex also sells in vitro diagnostics for applications like urinalysis and hemostasis and provides support and maintenance services for its systems. Over half of the firm's revenue is generated by sales of reagents and services, which are recurring sources of income. Sysmex primarily sells its products to customers in Japan, Europe, the Middle East, and Africa, and the Americas.

Sysmex (TSE:6869) Headlines

No Headlines