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Innovita Biological Technology Co (SHSE:688253) EV-to-EBIT : 11.63 (As of Jun. 05, 2024)


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What is Innovita Biological Technology Co EV-to-EBIT?

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Innovita Biological Technology Co's Enterprise Value is ¥3,599.4 Mil. Innovita Biological Technology Co's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 was ¥309.6 Mil. Therefore, Innovita Biological Technology Co's EV-to-EBIT for today is 11.63.

The historical rank and industry rank for Innovita Biological Technology Co's EV-to-EBIT or its related term are showing as below:

SHSE:688253' s EV-to-EBIT Range Over the Past 10 Years
Min: 4.63   Med: 11.83   Max: 33.36
Current: 11.66

During the past 6 years, the highest EV-to-EBIT of Innovita Biological Technology Co was 33.36. The lowest was 4.63. And the median was 11.83.

SHSE:688253's EV-to-EBIT is ranked worse than
54.59% of 425 companies
in the Biotechnology industry
Industry Median: 9.61 vs SHSE:688253: 11.66

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Innovita Biological Technology Co's Enterprise Value for the quarter that ended in Mar. 2024 was ¥3,228.0 Mil. Innovita Biological Technology Co's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 was ¥309.6 Mil. Innovita Biological Technology Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 9.59%.


Innovita Biological Technology Co EV-to-EBIT Historical Data

The historical data trend for Innovita Biological Technology Co'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.

Innovita Biological Technology Co EV-to-EBIT Chart

Innovita Biological Technology Co Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EV-to-EBIT
Get a 7-Day Free Trial - - - 10.68 8.61

Innovita Biological Technology Co Quarterly Data
Dec18 Dec19 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 9.86 13.94 11.02 8.61 10.43

Competitive Comparison of Innovita Biological Technology Co's EV-to-EBIT

For the Biotechnology subindustry, Innovita Biological Technology Co'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.


Innovita Biological Technology Co's EV-to-EBIT Distribution in the Biotechnology Industry

For the Biotechnology industry and Healthcare sector, Innovita Biological Technology Co's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Innovita Biological Technology Co's EV-to-EBIT falls into.



Innovita Biological Technology Co EV-to-EBIT Calculation

Innovita Biological Technology Co's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=3599.392/309.598
=11.63

Innovita Biological Technology Co's current Enterprise Value is ¥3,599.4 Mil.
Innovita Biological Technology Co'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 ¥309.6 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.


Innovita Biological Technology Co  (SHSE:688253) 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) %.

Innovita Biological Technology Co'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 )
=309.598/3227.95327
=9.59 %

Innovita Biological Technology Co's Enterprise Value for the quarter that ended in Mar. 2024 was ¥3,228.0 Mil.
Innovita Biological Technology Co'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 ¥309.6 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.


Innovita Biological Technology Co EV-to-EBIT Related Terms

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Innovita Biological Technology Co (SHSE:688253) Business Description

Traded in Other Exchanges
N/A
Address
No. 1 Courtyard, Haiying Road, 1st Floor, 2nd Floor, Building 6, Fengtai District, Beijing, CHN, 100071
Innovita Biological Technology Co Ltd is a biotechnology company focusing on the research and development, production and sales of POCT in vitro diagnostic products.

Innovita Biological Technology Co (SHSE:688253) Headlines

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