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Shenzhen Megmeet Electrical Co (SZSE:002851) EV-to-EBIT : 22.10 (As of May. 31, 2024)


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What is Shenzhen Megmeet Electrical Co EV-to-EBIT?

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Shenzhen Megmeet Electrical Co's Enterprise Value is ¥14,372 Mil. Shenzhen Megmeet Electrical Co's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 was ¥650 Mil. Therefore, Shenzhen Megmeet Electrical Co's EV-to-EBIT for today is 22.10.

The historical rank and industry rank for Shenzhen Megmeet Electrical Co's EV-to-EBIT or its related term are showing as below:

SZSE:002851' s EV-to-EBIT Range Over the Past 10 Years
Min: 15.7   Med: 28.64   Max: 66.99
Current: 22.1

During the past 13 years, the highest EV-to-EBIT of Shenzhen Megmeet Electrical Co was 66.99. The lowest was 15.70. And the median was 28.64.

SZSE:002851's EV-to-EBIT is ranked worse than
61.93% of 2377 companies
in the Industrial Products industry
Industry Median: 16.72 vs SZSE:002851: 22.10

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Shenzhen Megmeet Electrical Co's Enterprise Value for the quarter that ended in Mar. 2024 was ¥12,748 Mil. Shenzhen Megmeet Electrical Co's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 was ¥650 Mil. Shenzhen Megmeet Electrical Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 5.10%.


Shenzhen Megmeet Electrical Co EV-to-EBIT Historical Data

The historical data trend for Shenzhen Megmeet Electrical 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.

Shenzhen Megmeet Electrical Co EV-to-EBIT Chart

Shenzhen Megmeet Electrical Co 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 22.79 34.16 33.55 23.90 19.10

Shenzhen Megmeet Electrical Co 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 21.48 25.27 21.53 19.10 19.61

Competitive Comparison of Shenzhen Megmeet Electrical Co's EV-to-EBIT

For the Specialty Industrial Machinery subindustry, Shenzhen Megmeet Electrical 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.


Shenzhen Megmeet Electrical Co's EV-to-EBIT Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Shenzhen Megmeet Electrical Co's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Shenzhen Megmeet Electrical Co's EV-to-EBIT falls into.



Shenzhen Megmeet Electrical Co EV-to-EBIT Calculation

Shenzhen Megmeet Electrical Co's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=14371.648/650.218
=22.10

Shenzhen Megmeet Electrical Co's current Enterprise Value is ¥14,372 Mil.
Shenzhen Megmeet Electrical 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 ¥650 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.


Shenzhen Megmeet Electrical Co  (SZSE:002851) 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) %.

Shenzhen Megmeet Electrical 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 )
=650.218/12748.242
=5.10 %

Shenzhen Megmeet Electrical Co's Enterprise Value for the quarter that ended in Mar. 2024 was ¥12,748 Mil.
Shenzhen Megmeet Electrical 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 ¥650 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.


Shenzhen Megmeet Electrical Co EV-to-EBIT Related Terms

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Shenzhen Megmeet Electrical Co (SZSE:002851) Business Description

Traded in Other Exchanges
N/A
Address
No. 13 Langshan Road, Tsinghua Unisplendour Technology Park, A, B, C501-503, D, E, 5th Floor, High-tech Zone, North District, Nanshan District, Guangdong Province, Shenzhen, CHN, 518057
Shenzhen Megmeet Electrical Co Ltd is a provider of industrial automation and power supply solutions. It operates in the areas of Industrial automation and control, Smart home appliances, and Custom power supplies. Industrial automation and control area includes motor drive, editable logic controller, new energy automotive motor drive, and industrial digital intelligent welding machine. Smart home appliances comprise flat panel display power supply, inverter air conditioner power converter, frequency conversion microwave oven power converter, and others. Custom power supplies include industrial microwave power, new energy vehicle power, electric power, LED color screen power supply, and others. The company has a business presence in China, and other international countries.
Executives
Tong Yong Sheng Directors, executives
Zhang Zhi Directors, executives
Wang Tao Directors, executives
Wang Xue Fen Director
Shen Chu Chun Executives
Wang Yong Feng Supervisors

Shenzhen Megmeet Electrical Co (SZSE:002851) Headlines

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