Nexteer Automotive Group (Nexteer Automotive Group) EV-to-EBIT : 18.96 (As of May. 13, 2024)

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What is Nexteer Automotive Group EV-to-EBIT?

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Nexteer Automotive Group's Enterprise Value is $1,244 Mil. Nexteer Automotive Group's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was $66 Mil. Therefore, Nexteer Automotive Group's EV-to-EBIT for today is 18.96.

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

NTXVF' s EV-to-EBIT Range Over the Past 10 Years
Min: 3.01 Med: 11.02 Max: 33.28
Current: 18.93

During the past 12 years, the highest EV-to-EBIT of Nexteer Automotive Group was 33.28. The lowest was 3.01. And the median was 11.02.

NTXVF's EV-to-EBIT is ranked worse than
66.73% of 1055 companies
in the Vehicles & Parts industry
Industry Median: 12.67 vs NTXVF: 18.93

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Nexteer Automotive Group's Enterprise Value for the quarter that ended in Dec. 2023 was $1,291 Mil. Nexteer Automotive Group's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was $66 Mil. Nexteer Automotive Group's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 5.08%.

Nexteer Automotive Group EV-to-EBIT Historical Data

The historical data trend for Nexteer Automotive 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.

Nexteer Automotive Group EV-to-EBIT Chart

Nexteer Automotive Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

EV-to-EBIT

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7.55

20.73

25.43

16.63

21.65

Nexteer Automotive Group Semi-Annual Data
	Jun14	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															25.43	-	16.63	-	21.65

Competitive Comparison of Nexteer Automotive Group's EV-to-EBIT

For the Auto Parts subindustry, Nexteer Automotive 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.

Nexteer Automotive Group's EV-to-EBIT Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Nexteer Automotive Group's EV-to-EBIT distribution charts can be found below:

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

Nexteer Automotive Group EV-to-EBIT Calculation

Nexteer Automotive Group's EV-to-EBIT for today is calculated as:

EV-to-EBIT	=	Enterprise Value (Today)	/	EBIT (TTM)
	=	1243.598	/	65.581
	=	18.96

Nexteer Automotive Group's current Enterprise Value is $1,244 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Nexteer Automotive Group's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was $66 Mil.

Nexteer Automotive Group (OTCPK:NTXVF) 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) %.

Nexteer Automotive 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 )
	=	65.581	/	1291.3746
	=	5.08 %

Nexteer Automotive Group's Enterprise Value for the quarter that ended in Dec. 2023 was $1,291 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Nexteer Automotive Group's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was $66 Mil.

Nexteer Automotive Group EV-to-EBIT Related Terms

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Nexteer Automotive Group (Nexteer Automotive Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Nexteer Automotive Group Ltd (OTCPK:NTXVF) » Definitions » EV-to-EBIT

Comparable Companies

Traded in Other Exchanges

01316:Hong Kong

Address

1272 Doris Road, Auburn Hills, MI, USA, 48326

Website

https://www.nexteer.com

Nexteer Automotive Group Ltd offers advanced steering and driveline systems. The company's customers are well-known automakers like BMW, Fiat Chrysler, Ford, GM, and Toyota, as well as automakers in India, South America, and China. The business units are electric power steering, hydraulic power steering, steering columns, driveline, and half shafts. The electric power steering includes columns, an intermediate shaft, and steering gear, EPS motors, sensors, controllers, and assist mechanisms. The Group classifies its businesses into three reportable segments: North America, Asia Pacific, and Europe, Middle East, Africa and South America (EMEASA). All of the Group's operating segments typically offer the same steering and driveline products, the majority are derived from North America.