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Sumeet Industries (BOM:514211) EV-to-EBIT : -7.76 (As of Jun. 05, 2024)


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What is Sumeet Industries EV-to-EBIT?

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Sumeet Industries's Enterprise Value is ₹4,923 Mil. Sumeet Industries's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 was ₹-634 Mil. Therefore, Sumeet Industries's EV-to-EBIT for today is -7.76.

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

BOM:514211' s EV-to-EBIT Range Over the Past 10 Years
Min: -68.71   Med: 1.54   Max: 26.97
Current: -10.39

During the past 13 years, the highest EV-to-EBIT of Sumeet Industries was 26.97. The lowest was -68.71. And the median was 1.54.

BOM:514211's EV-to-EBIT is ranked worse than
100% of 821 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 14.48 vs BOM:514211: -10.39

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Sumeet Industries's Enterprise Value for the quarter that ended in Mar. 2024 was ₹4,949 Mil. Sumeet Industries's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 was ₹-634 Mil. Sumeet Industries's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was -12.82%.


Sumeet Industries EV-to-EBIT Historical Data

The historical data trend for Sumeet Industries'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.

Sumeet Industries EV-to-EBIT Chart

Sumeet Industries 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 -38.04 -67.12 24.91 -8.94 -7.79

Sumeet Industries 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 -8.94 -0.34 -8.60 -1.06 -

Competitive Comparison of Sumeet Industries's EV-to-EBIT

For the Textile Manufacturing subindustry, Sumeet Industries'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.


Sumeet Industries's EV-to-EBIT Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Sumeet Industries's EV-to-EBIT distribution charts can be found below:

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



Sumeet Industries EV-to-EBIT Calculation

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

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=4923.049/-634.489
=-7.76

Sumeet Industries's current Enterprise Value is ₹4,923 Mil.
Sumeet Industries'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 ₹-634 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.


Sumeet Industries  (BOM:514211) 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) %.

Sumeet Industries'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 )
=-634.489/4948.959
=-12.82 %

Sumeet Industries's Enterprise Value for the quarter that ended in Mar. 2024 was ₹4,949 Mil.
Sumeet Industries'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 ₹-634 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.


Sumeet Industries EV-to-EBIT Related Terms

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


Sumeet Industries (BOM:514211) Business Description

Traded in Other Exchanges
Address
Ring Road, 504, 5th Floor, Trividh Chambers, Opposite Fire Brigade Station, Surat, GJ, IND, 395002
Sumeet Industries Ltd is engaged in the yarn manufacturing business segment in India. It manufactures and exports Polyester Yarn (POY and FDY), Polyester Chips, Texturizing Yarn and Carpet Yarn. The company caters to both domestic and international markets, of which the majority of revenue is generated within India.

Sumeet Industries (BOM:514211) Headlines

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