Kitex Garments (NSE:KITEX) EV-to-EBIT : 24.25 (As of May. 21, 2024)

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What is Kitex Garments EV-to-EBIT?

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Kitex Garments's Enterprise Value is ₹16,139 Mil. Kitex Garments's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was ₹665 Mil. Therefore, Kitex Garments's EV-to-EBIT for today is 24.25.

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

NSE:KITEX' s EV-to-EBIT Range Over the Past 10 Years
Min: 3.66 Med: 9.4 Max: 56.08
Current: 24.25

During the past 13 years, the highest EV-to-EBIT of Kitex Garments was 56.08. The lowest was 3.66. And the median was 9.40.

NSE:KITEX's EV-to-EBIT is ranked worse than
71.31% of 819 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 14.88 vs NSE:KITEX: 24.25

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Kitex Garments's Enterprise Value for the quarter that ended in Dec. 2023 was ₹14,976 Mil. Kitex Garments's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was ₹665 Mil. Kitex Garments's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 4.44%.

Kitex Garments EV-to-EBIT Historical Data

The historical data trend for Kitex Garments'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.

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Kitex Garments EV-to-EBIT Chart

Kitex Garments Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

EV-to-EBIT

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5.06

3.98

6.84

9.25

12.08

Kitex Garments Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
EV-to-EBIT	Get a 7-Day Free Trial															9.10	12.08	28.71	50.84	22.49

Competitive Comparison of Kitex Garments's EV-to-EBIT

For the Apparel Manufacturing subindustry, Kitex Garments'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.

Kitex Garments's EV-to-EBIT Distribution in the Manufacturing - Apparel & Accessories Industry

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

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

Kitex Garments EV-to-EBIT Calculation

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

EV-to-EBIT	=	Enterprise Value (Today)	/	EBIT (TTM)
	=	16138.857	/	665.455
	=	24.25

Kitex Garments's current Enterprise Value is ₹16,139 Mil.
Kitex Garments's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹665 Mil.

Kitex Garments (NSE:KITEX) 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) %.

Kitex Garments'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 )
	=	665.455	/	14975.8
	=	4.44 %

Kitex Garments's Enterprise Value for the quarter that ended in Dec. 2023 was ₹14,976 Mil.
Kitex Garments's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹665 Mil.

Kitex Garments EV-to-EBIT Related Terms

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Kitex Garments (NSE:KITEX) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Kitex Garments Ltd (NSE:KITEX) » Definitions » EV-to-EBIT

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Traded in Other Exchanges

521248:India

Address

P.B. No. 5, Kizhakkambalam, Building No. 9/536 A, Aluva, Ernakulam, Kochi, KL, IND, 683562

Website

https://www.kitexgarments.com

Kitex Garments Ltd manufactures cotton garments and fabrics. Garments account for the company's revenue and focus on infant wear such as body suits, sleepwear, rompers, burps, bibs, and training pants. Kitex manufactures the products for companies such as Carters, Gerber, Mothercare, Jockey, Children's Place, Kohl's, and Toys R. The company also owns the Little Star brand and licenses the Lamaze brand for distribution in the United States and Canada. Kitex exports almost all the garments it produces, which it manufactures in India, to the United States and Europe.

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