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MeiG Smart Technology Co (SZSE:002881) EV-to-EBIT : 101.62 (As of May. 20, 2024)


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What is MeiG Smart Technology Co EV-to-EBIT?

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, MeiG Smart Technology Co's Enterprise Value is ¥5,453 Mil. MeiG Smart Technology Co's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 was ¥54 Mil. Therefore, MeiG Smart Technology Co's EV-to-EBIT for today is 101.62.

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

SZSE:002881' s EV-to-EBIT Range Over the Past 10 Years
Min: 21.09   Med: 73.54   Max: 341.73
Current: 101.62

During the past 11 years, the highest EV-to-EBIT of MeiG Smart Technology Co was 341.73. The lowest was 21.09. And the median was 73.54.

SZSE:002881's EV-to-EBIT is ranked worse than
93.26% of 1707 companies
in the Hardware industry
Industry Median: 16.14 vs SZSE:002881: 101.62

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. MeiG Smart Technology Co's Enterprise Value for the quarter that ended in Mar. 2024 was ¥6,349 Mil. MeiG Smart Technology Co's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 was ¥54 Mil. MeiG Smart Technology Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 0.85%.


MeiG Smart Technology Co EV-to-EBIT Historical Data

The historical data trend for MeiG Smart 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.

MeiG Smart Technology Co EV-to-EBIT Chart

MeiG Smart Technology 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 223.73 212.46 65.73 41.27 97.31

MeiG Smart Technology 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 54.31 77.73 81.37 97.31 118.31

Competitive Comparison of MeiG Smart Technology Co's EV-to-EBIT

For the Communication Equipment subindustry, MeiG Smart 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.


MeiG Smart Technology Co's EV-to-EBIT Distribution in the Hardware Industry

For the Hardware industry and Technology sector, MeiG Smart Technology Co's EV-to-EBIT distribution charts can be found below:

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



MeiG Smart Technology Co EV-to-EBIT Calculation

MeiG Smart Technology Co's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=5453.279/53.663
=101.62

MeiG Smart Technology Co's current Enterprise Value is ¥5,453 Mil.
MeiG Smart 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 ¥54 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.


MeiG Smart Technology Co  (SZSE:002881) 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) %.

MeiG Smart 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 )
=53.663/6349.0882
=0.85 %

MeiG Smart Technology Co's Enterprise Value for the quarter that ended in Mar. 2024 was ¥6,349 Mil.
MeiG Smart 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 ¥54 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.


MeiG Smart Technology Co EV-to-EBIT Related Terms

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MeiG Smart Technology Co (SZSE:002881) Business Description

Traded in Other Exchanges
N/A
Address
No.5 Lingxia Road, Fenghuang Fourth Industrial Zone, Fuyong Street, Baoan District, No.1, 2nd Floor, 3rd Floor, Building A, Building B, Guangdong Province, Shenzhen, CHN, 518103
MeiG Smart Technology Co Ltd is the communications equipment manufacturing company. Its core business is the development and production of IoT smart terminals, wireless communication modules (M2M) and intelligent hardware as well as precision mold development and production and sales of precision components. The company's IoT smart terminals, LTE module products and wireless data solutions applied in the fields of mobile payment, car networking, security, industrial routing, consumer electronics, smart power, smart meter reading, intelligent terminals, and item tracking. application.

MeiG Smart Technology Co (SZSE:002881) Headlines

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