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Indian Renewable Energy Development Agency (BOM:544026) EV-to-EBIT : 52.22 (As of May. 16, 2024)


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What is Indian Renewable Energy Development Agency EV-to-EBIT?

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Indian Renewable Energy Development Agency's Enterprise Value is ₹951,671 Mil. Indian Renewable Energy Development Agency's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 was ₹18,223 Mil. Therefore, Indian Renewable Energy Development Agency's EV-to-EBIT for today is 52.22.

The historical rank and industry rank for Indian Renewable Energy Development Agency's EV-to-EBIT or its related term are showing as below:

BOM:544026' s EV-to-EBIT Range Over the Past 10 Years
Min: 15.19   Med: 27.09   Max: 53.35
Current: 52.22

During the past 4 years, the highest EV-to-EBIT of Indian Renewable Energy Development Agency was 53.35. The lowest was 15.19. And the median was 27.09.

BOM:544026's EV-to-EBIT is ranked worse than
79.73% of 301 companies
in the Credit Services industry
Industry Median: 20.47 vs BOM:544026: 52.22

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Indian Renewable Energy Development Agency's Enterprise Value for the quarter that ended in Mar. 2024 was ₹854,776 Mil. Indian Renewable Energy Development Agency's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 was ₹18,223 Mil. Indian Renewable Energy Development Agency's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 2.13%.


Indian Renewable Energy Development Agency EV-to-EBIT Historical Data

The historical data trend for Indian Renewable Energy Development Agency'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.

Indian Renewable Energy Development Agency EV-to-EBIT Chart

Indian Renewable Energy Development Agency Annual Data
Trend Mar21 Mar22 Mar23 Mar24
EV-to-EBIT
- - - 53.05

Indian Renewable Energy Development Agency Quarterly Data
Mar21 Mar22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
EV-to-EBIT Get a 7-Day Free Trial Premium Member Only - - - 16.42 53.05

Competitive Comparison of Indian Renewable Energy Development Agency's EV-to-EBIT

For the Credit Services subindustry, Indian Renewable Energy Development Agency'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.


Indian Renewable Energy Development Agency's EV-to-EBIT Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Indian Renewable Energy Development Agency's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Indian Renewable Energy Development Agency's EV-to-EBIT falls into.



Indian Renewable Energy Development Agency EV-to-EBIT Calculation

Indian Renewable Energy Development Agency's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=951670.886/18222.876
=52.22

Indian Renewable Energy Development Agency's current Enterprise Value is ₹951,671 Mil.
Indian Renewable Energy Development Agency'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 ₹18,223 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.


Indian Renewable Energy Development Agency  (BOM:544026) 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) %.

Indian Renewable Energy Development Agency'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 )
=18222.876/854776.329
=2.13 %

Indian Renewable Energy Development Agency's Enterprise Value for the quarter that ended in Mar. 2024 was ₹854,776 Mil.
Indian Renewable Energy Development Agency'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 ₹18,223 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.


Indian Renewable Energy Development Agency EV-to-EBIT Related Terms

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Indian Renewable Energy Development Agency (BOM:544026) Business Description

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Traded in Other Exchanges
Address
August Kranti Bhavan, 3rd Floor, Bhikaji Cama Place, New Delhi, IND, 110066
Indian Renewable Energy Development Agency Ltd is a wholly owned Government of India (GoI) enterprise under the administrative control of the Ministry of New and Renewable Energy. It is a financial institution with over 36 years of experience in the business of promoting, developing and extending financial assistance for new and renewable energy (RE) projects, and energy efficiency and conservation (EEC) projects. It provides a comprehensive range of financial products and related services, from project conceptualization to post-commissioning, for RE projects and other value chain activities, such as equipment manufacturing and transmission.

Indian Renewable Energy Development Agency (BOM:544026) Headlines

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