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Shandong Tengda Fasten Tech Co (SZSE:001379) EV-to-EBIT : 22.63 (As of May. 11, 2024)


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What is Shandong Tengda Fasten Tech Co EV-to-EBIT?

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Shandong Tengda Fasten Tech Co's Enterprise Value is ¥2,398 Mil. Shandong Tengda Fasten Tech Co's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 was ¥106 Mil. Therefore, Shandong Tengda Fasten Tech Co's EV-to-EBIT for today is 22.63.

The historical rank and industry rank for Shandong Tengda Fasten Tech Co's EV-to-EBIT or its related term are showing as below:

SZSE:001379' s EV-to-EBIT Range Over the Past 10 Years
Min: 16.46   Med: 20.72   Max: 27.87
Current: 23.22

During the past 5 years, the highest EV-to-EBIT of Shandong Tengda Fasten Tech Co was 27.87. The lowest was 16.46. And the median was 20.72.

SZSE:001379's EV-to-EBIT is ranked worse than
62.93% of 2366 companies
in the Industrial Products industry
Industry Median: 17.27 vs SZSE:001379: 23.22

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Shandong Tengda Fasten Tech Co's Enterprise Value for the quarter that ended in Mar. 2024 was ¥2,404 Mil. Shandong Tengda Fasten Tech Co's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 was ¥106 Mil. Shandong Tengda Fasten Tech Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 4.41%.


Shandong Tengda Fasten Tech Co EV-to-EBIT Historical Data

The historical data trend for Shandong Tengda Fasten Tech 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.

Shandong Tengda Fasten Tech Co EV-to-EBIT Chart

Shandong Tengda Fasten Tech Co Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
EV-to-EBIT
- - - - -

Shandong Tengda Fasten Tech Co Quarterly Data
Dec19 Dec20 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 - - - - 22.69

Competitive Comparison of Shandong Tengda Fasten Tech Co's EV-to-EBIT

For the Tools & Accessories subindustry, Shandong Tengda Fasten Tech 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.


Shandong Tengda Fasten Tech Co's EV-to-EBIT Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Shandong Tengda Fasten Tech Co's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Shandong Tengda Fasten Tech Co's EV-to-EBIT falls into.



Shandong Tengda Fasten Tech Co EV-to-EBIT Calculation

Shandong Tengda Fasten Tech Co's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=2397.835/105.957
=22.63

Shandong Tengda Fasten Tech Co's current Enterprise Value is ¥2,398 Mil.
Shandong Tengda Fasten Tech 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 ¥106 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.


Shandong Tengda Fasten Tech Co  (SZSE:001379) 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) %.

Shandong Tengda Fasten Tech 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 )
=105.957/2403.836
=4.41 %

Shandong Tengda Fasten Tech Co's Enterprise Value for the quarter that ended in Mar. 2024 was ¥2,404 Mil.
Shandong Tengda Fasten Tech 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 ¥106 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.


Shandong Tengda Fasten Tech Co EV-to-EBIT Related Terms

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Shandong Tengda Fasten Tech Co (SZSE:001379) Business Description

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Shandong Tengda Fasten Tech Co Ltd is engaged in research and development, production and sales of stainless steel fastener products. Its product include bolt, nut, screws, washer, rivet, wood etc.

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