GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Zhejiang Sling Automobile Bearing Co Ltd (SZSE:301550) » Definitions » EV-to-EBIT

Zhejiang Sling Automobile Bearing Co (SZSE:301550) EV-to-EBIT : 21.75 (As of Jun. 05, 2024)


View and export this data going back to 2023. Start your Free Trial

What is Zhejiang Sling Automobile Bearing Co EV-to-EBIT?

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Zhejiang Sling Automobile Bearing Co's Enterprise Value is ¥4,438.4 Mil. Zhejiang Sling Automobile Bearing Co's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 was ¥204.0 Mil. Therefore, Zhejiang Sling Automobile Bearing Co's EV-to-EBIT for today is 21.75.

The historical rank and industry rank for Zhejiang Sling Automobile Bearing Co's EV-to-EBIT or its related term are showing as below:

SZSE:301550' s EV-to-EBIT Range Over the Past 10 Years
Min: 9.54   Med: 16.12   Max: 26.98
Current: 21.75

During the past 9 years, the highest EV-to-EBIT of Zhejiang Sling Automobile Bearing Co was 26.98. The lowest was 9.54. And the median was 16.12.

SZSE:301550's EV-to-EBIT is ranked worse than
74.22% of 1063 companies
in the Vehicles & Parts industry
Industry Median: 12.23 vs SZSE:301550: 21.75

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Zhejiang Sling Automobile Bearing Co's Enterprise Value for the quarter that ended in Mar. 2024 was ¥2,238.4 Mil. Zhejiang Sling Automobile Bearing Co's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 was ¥204.0 Mil. Zhejiang Sling Automobile Bearing Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 9.12%.


Zhejiang Sling Automobile Bearing Co EV-to-EBIT Historical Data

The historical data trend for Zhejiang Sling Automobile Bearing 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.

Zhejiang Sling Automobile Bearing Co EV-to-EBIT Chart

Zhejiang Sling Automobile Bearing Co Annual Data
Trend Dec12 Dec13 Dec14 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EV-to-EBIT
Get a 7-Day Free Trial Premium Member Only - - - - 21.66

Zhejiang Sling Automobile Bearing Co Quarterly Data
Dec12 Dec13 Jun14 Dec14 Jun15 Dec18 Dec19 Dec20 Jun21 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 - - 23.73 21.66 10.97

Competitive Comparison of Zhejiang Sling Automobile Bearing Co's EV-to-EBIT

For the Auto Parts subindustry, Zhejiang Sling Automobile Bearing 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.


Zhejiang Sling Automobile Bearing Co's EV-to-EBIT Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Zhejiang Sling Automobile Bearing Co's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Zhejiang Sling Automobile Bearing Co's EV-to-EBIT falls into.



Zhejiang Sling Automobile Bearing Co EV-to-EBIT Calculation

Zhejiang Sling Automobile Bearing Co's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=4438.361/204.038
=21.75

Zhejiang Sling Automobile Bearing Co's current Enterprise Value is ¥4,438.4 Mil.
Zhejiang Sling Automobile Bearing 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 ¥204.0 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.


Zhejiang Sling Automobile Bearing Co  (SZSE:301550) 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) %.

Zhejiang Sling Automobile Bearing 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 )
=204.038/2238.361
=9.12 %

Zhejiang Sling Automobile Bearing Co's Enterprise Value for the quarter that ended in Mar. 2024 was ¥2,238.4 Mil.
Zhejiang Sling Automobile Bearing 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 ¥204.0 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.


Zhejiang Sling Automobile Bearing Co EV-to-EBIT Related Terms

Thank you for viewing the detailed overview of Zhejiang Sling Automobile Bearing Co's EV-to-EBIT provided by GuruFocus.com. Please click on the following links to see related term pages.


Zhejiang Sling Automobile Bearing Co (SZSE:301550) Business Description

Traded in Other Exchanges
N/A
Address
No. 3, Jiangdong Road, Chengtan Street, Xinchang, Zhejiang, CHN, 312500
Zhejiang Sling Automobile Bearing Co Ltd is engaged in research & development, manufacturing and sales of automotive bearings.

Zhejiang Sling Automobile Bearing Co (SZSE:301550) Headlines

No Headlines