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Ashley Services Group (ASX:ASH) EV-to-EBIT : 4.47 (As of May. 16, 2024)


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What is Ashley Services Group EV-to-EBIT?

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Ashley Services Group's Enterprise Value is A$53.4 Mil. Ashley Services Group's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was A$11.9 Mil. Therefore, Ashley Services Group's EV-to-EBIT for today is 4.47.

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

ASX:ASH' s EV-to-EBIT Range Over the Past 10 Years
Min: -4.48   Med: 4.39   Max: 8.73
Current: 4.47

During the past 9 years, the highest EV-to-EBIT of Ashley Services Group was 8.73. The lowest was -4.48. And the median was 4.39.

ASX:ASH's EV-to-EBIT is ranked better than
88.03% of 844 companies
in the Business Services industry
Industry Median: 12.845 vs ASX:ASH: 4.47

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Ashley Services Group's Enterprise Value for the quarter that ended in Dec. 2023 was A$75.9 Mil. Ashley Services Group's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was A$11.9 Mil. Ashley Services Group's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 15.73%.


Ashley Services Group EV-to-EBIT Historical Data

The historical data trend for Ashley Services Group'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.

Ashley Services Group EV-to-EBIT Chart

Ashley Services Group Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
EV-to-EBIT
Get a 7-Day Free Trial Premium Member Only 3.75 4.14 4.78 5.96 6.40

Ashley Services Group Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 - 5.96 - 6.40 -

Competitive Comparison of Ashley Services Group's EV-to-EBIT

For the Staffing & Employment Services subindustry, Ashley Services Group'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.


Ashley Services Group's EV-to-EBIT Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Ashley Services Group's EV-to-EBIT distribution charts can be found below:

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



Ashley Services Group EV-to-EBIT Calculation

Ashley Services Group's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=53.449/11.945
=4.47

Ashley Services Group's current Enterprise Value is A$53.4 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Ashley Services Group's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was A$11.9 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.


Ashley Services Group  (ASX:ASH) 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) %.

Ashley Services Group'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 )
=11.945/75.92252
=15.73 %

Ashley Services Group's Enterprise Value for the quarter that ended in Dec. 2023 was A$75.9 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Ashley Services Group's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was A$11.9 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.


Ashley Services Group EV-to-EBIT Related Terms

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


Ashley Services Group (ASX:ASH) Business Description

Traded in Other Exchanges
N/A
Address
92 Pitt Street, Level 10, Sydney, NSW, AUS, 2000
Ashley Services Group Ltd is engaged in staffing services. The group operates in two operating segments namely Labour hire and Training. The group derives maximum revenue from providing labour-hire services. In labour-hire division, the company has candidates who are able to start work within one hour of the request and run a year-round national operation with dedicated after-hours in-house consultants. Its labour-hire brands to include Action Workforce and Concept Engineering. The organization operates in Australia.