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Choei (TSE:2993) EV-to-EBIT : 15.76 (As of Jun. 06, 2024)


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What is Choei EV-to-EBIT?

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Choei's Enterprise Value is 円42,781 Mil. Choei's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was 円2,715 Mil. Therefore, Choei's EV-to-EBIT for today is 15.76.

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

TSE:2993' s EV-to-EBIT Range Over the Past 10 Years
Min: 15.75   Med: 19.59   Max: 85.16
Current: 15.76

During the past 4 years, the highest EV-to-EBIT of Choei was 85.16. The lowest was 15.75. And the median was 19.59.

TSE:2993's EV-to-EBIT is ranked worse than
56.98% of 1318 companies
in the Real Estate industry
Industry Median: 13.165 vs TSE:2993: 15.76

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Choei's Enterprise Value for the quarter that ended in Dec. 2023 was 円43,072 Mil. Choei's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was 円2,715 Mil. Choei's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 6.30%.


Choei EV-to-EBIT Historical Data

The historical data trend for Choei'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.

Choei EV-to-EBIT Chart

Choei Annual Data
Trend Mar20 Mar21 Mar22 Mar23
EV-to-EBIT
- - 13.09 17.46

Choei Quarterly Data
Mar20 Mar21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
EV-to-EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 19.60 17.46 19.14 17.56 15.87

Competitive Comparison of Choei's EV-to-EBIT

For the Real Estate Services subindustry, Choei'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.


Choei's EV-to-EBIT Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Choei's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Choei's EV-to-EBIT falls into.



Choei EV-to-EBIT Calculation

Choei's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=42781.131/2714.895
=15.76

Choei's current Enterprise Value is 円42,781 Mil.
Choei's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was 円2,715 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.


Choei  (TSE:2993) 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) %.

Choei's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 is calculated as:

Earnings Yield (Joel Greenblatt) % (Q: Dec. 2023 ) =EBIT / Enterprise Value (Q: Dec. 2023 )
=2714.895/43072.3541
=6.30 %

Choei's Enterprise Value for the quarter that ended in Dec. 2023 was 円43,072 Mil.
Choei's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was 円2,715 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.


Choei EV-to-EBIT Related Terms

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Choei (TSE:2993) Business Description

Traded in Other Exchanges
N/A
Address
3-70 Fukakusanishiuracho, Fushimi-ku, 5th Choei Astro Building, Kyoto, JPN, 2-0029
Choei Inc is engaged in the real estate management and leasing activities.

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