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Worthington Steel (Worthington Steel) EV-to-EBIT : 7.36 (As of May. 07, 2024)


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What is Worthington Steel EV-to-EBIT?

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Worthington Steel's Enterprise Value is $1,836 Mil. Worthington Steel's EBIT for the trailing twelve months (TTM) ended in Feb. 2024 was $250 Mil. Therefore, Worthington Steel's EV-to-EBIT for today is 7.36.

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

WS' s EV-to-EBIT Range Over the Past 10 Years
Min: 6.71   Med: 8.24   Max: 9.27
Current: 7.37

During the past 3 years, the highest EV-to-EBIT of Worthington Steel was 9.27. The lowest was 6.71. And the median was 8.24.

WS's EV-to-EBIT is ranked better than
68.42% of 494 companies
in the Steel industry
Industry Median: 11.19 vs WS: 7.37

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Worthington Steel's Enterprise Value for the quarter that ended in Feb. 2024 was $1,855 Mil. Worthington Steel's EBIT for the trailing twelve months (TTM) ended in Feb. 2024 was $250 Mil. Worthington Steel's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Feb. 2024 was 13.45%.


Worthington Steel EV-to-EBIT Historical Data

The historical data trend for Worthington Steel'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.

Worthington Steel EV-to-EBIT Chart

Worthington Steel Annual Data
Trend May21 May22 May23
EV-to-EBIT
- - -

Worthington Steel Quarterly Data
May21 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
EV-to-EBIT Get a 7-Day Free Trial Premium Member Only - - - 8.19 7.43

Competitive Comparison of Worthington Steel's EV-to-EBIT

For the Steel subindustry, Worthington Steel'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.


Worthington Steel's EV-to-EBIT Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Worthington Steel's EV-to-EBIT distribution charts can be found below:

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



Worthington Steel EV-to-EBIT Calculation

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

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=1835.735/249.534
=7.36

Worthington Steel's current Enterprise Value is $1,836 Mil.
Worthington Steel's EBIT for the trailing twelve months (TTM) ended in Feb. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $250 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.


Worthington Steel  (NYSE:WS) 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) %.

Worthington Steel's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Feb. 2024 is calculated as:

Earnings Yield (Joel Greenblatt) % (Q: Feb. 2024 ) =EBIT / Enterprise Value (Q: Feb. 2024 )
=249.534/1854.86387
=13.45 %

Worthington Steel's Enterprise Value for the quarter that ended in Feb. 2024 was $1,855 Mil.
Worthington Steel's EBIT for the trailing twelve months (TTM) ended in Feb. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $250 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.


Worthington Steel EV-to-EBIT Related Terms

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


Worthington Steel (Worthington Steel) Business Description

Comparable Companies
Traded in Other Exchanges
Address
100 Old Wilson Bridge Road, Columbus, OH, USA, 43085
Worthington Steel Inc is one of North America's premier value-added steel processors with the ability to provide a diversified range of products and services that span a variety of end markets. It maintains market-leading positions in the North American carbon flat-rolled steel and tailor-welded blanks industries.

Worthington Steel (Worthington Steel) Headlines