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Concentric AB (OSTO:COIC) EV-to-EBIT : 13.68 (As of May. 10, 2024)


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What is Concentric AB EV-to-EBIT?

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Concentric AB's Enterprise Value is kr8,027 Mil. Concentric AB's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 was kr587 Mil. Therefore, Concentric AB's EV-to-EBIT for today is 13.68.

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

OSTO:COIC' s EV-to-EBIT Range Over the Past 10 Years
Min: 6.4   Med: 13.48   Max: 29.33
Current: 13.31

During the past 13 years, the highest EV-to-EBIT of Concentric AB was 29.33. The lowest was 6.40. And the median was 13.48.

OSTO:COIC's EV-to-EBIT is ranked better than
62.06% of 2364 companies
in the Industrial Products industry
Industry Median: 17.155 vs OSTO:COIC: 13.31

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Concentric AB's Enterprise Value for the quarter that ended in Mar. 2024 was kr6,718 Mil. Concentric AB's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 was kr587 Mil. Concentric AB's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 8.74%.


Concentric AB EV-to-EBIT Historical Data

The historical data trend for Concentric AB'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.

Concentric AB EV-to-EBIT Chart

Concentric AB Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EV-to-EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 12.14 24.85 28.87 11.84 12.04

Concentric AB 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 10.97 10.23 8.31 12.04 -

Competitive Comparison of Concentric AB's EV-to-EBIT

For the Specialty Industrial Machinery subindustry, Concentric AB'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.


Concentric AB's EV-to-EBIT Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Concentric AB's EV-to-EBIT distribution charts can be found below:

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



Concentric AB EV-to-EBIT Calculation

Concentric AB's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=8027.225/587
=13.68

Concentric AB's current Enterprise Value is kr8,027 Mil.
Concentric AB'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 kr587 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.


Concentric AB  (OSTO:COIC) 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) %.

Concentric AB'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 )
=587/6717.8608
=8.74 %

Concentric AB's Enterprise Value for the quarter that ended in Mar. 2024 was kr6,718 Mil.
Concentric AB'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 kr587 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.


Concentric AB EV-to-EBIT Related Terms

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Concentric AB (OSTO:COIC) Business Description

Traded in Other Exchanges
Address
PO Box 5058, Stockholm, SWE, 102 42
Concentric AB is a Sweden-based company active in designing, development, and manufacturing of hydraulic and engine applications for Agriculture Machinery, Construction equipment, Trucks and Industrial applications. It offers solutions to the manufacturers of construction machinery, diesel engines and large trucks. It offers products related to fuel efficiency and reduced emissions. Its products include oil pumps, transmission pumps, coolant pumps, water pumps, compressor pumps, variable flow oil, Licos friction clutches, belt drives, gear pumps and motors, electro-hydraulic steering units, hydraulic power packs, and other products. The company has business segments in two product groups, namely engine products and hydraulic products.

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