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Ossen Innovation Co (FRA:0BG2) EV-to-EBITDA : 4.84 (As of May. 18, 2024)


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What is Ossen Innovation Co EV-to-EBITDA?

EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, Ossen Innovation Co's enterprise value is €70.1 Mil. Ossen Innovation Co's EBITDA for the trailing twelve months (TTM) ended in Dec. 2020 was €14.5 Mil. Therefore, Ossen Innovation Co's EV-to-EBITDA for today is 4.84.

The historical rank and industry rank for Ossen Innovation Co's EV-to-EBITDA or its related term are showing as below:

FRA:0BG2' s EV-to-EBITDA Range Over the Past 10 Years
Min: 2.94   Med: 5.94   Max: 15.37
Current: 3.98

During the past 13 years, the highest EV-to-EBITDA of Ossen Innovation Co was 15.37. The lowest was 2.94. And the median was 5.94.

FRA:0BG2's EV-to-EBITDA is not ranked
in the Steel industry.
Industry Median: 9.19 vs FRA:0BG2: 3.98

EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio to determine the fair market value of a company.

As of today (2024-05-18), Ossen Innovation Co's stock price is €4.08. Ossen Innovation Co's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2020 was €1.434. Therefore, Ossen Innovation Co's PE Ratio (TTM) for today is 2.85.

The "classic" EV-to-EBITDA is much better in capturing debt and net cash than the PE Ratio (TTM).


Ossen Innovation Co EV-to-EBITDA Historical Data

The historical data trend for Ossen Innovation Co's EV-to-EBITDA 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.

Ossen Innovation Co EV-to-EBITDA Chart

Ossen Innovation Co Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
EV-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.95 6.96 3.09 3.86 4.82

Ossen Innovation Co Semi-Annual Data
Jun11 Dec11 Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20
EV-to-EBITDA 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 3.09 - 3.86 - 4.82

Competitive Comparison of Ossen Innovation Co's EV-to-EBITDA

For the Steel subindustry, Ossen Innovation Co's EV-to-EBITDA, along with its competitors' market caps and EV-to-EBITDA 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.


Ossen Innovation Co's EV-to-EBITDA Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Ossen Innovation Co's EV-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Ossen Innovation Co's EV-to-EBITDA falls into.



Ossen Innovation Co EV-to-EBITDA Calculation

Ossen Innovation Co's EV-to-EBITDA for today is calculated as:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA (TTM)
=70.078/14.471
=4.84

Ossen Innovation Co's current Enterprise Value is €70.1 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Ossen Innovation Co's EBITDA for the trailing twelve months (TTM) ended in Dec. 2020 was €14.5 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.


Ossen Innovation Co  (FRA:0BG2) EV-to-EBITDA Explanation

EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.

Ossen Innovation Co's PE Ratio (TTM) for today is calculated as:

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=4.08/1.434
=2.85

Ossen Innovation Co's share price for today is €4.08.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Ossen Innovation Co's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2020 was €1.434.

* 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.

Study has found that the companies with the lowest EV-to-EBITDA outperforms companies measured as cheap by other ratios such as PE Ratio (TTM).

Please read Which price ratio outperforms the enterprise multiple?


Ossen Innovation Co EV-to-EBITDA Related Terms

Thank you for viewing the detailed overview of Ossen Innovation Co's EV-to-EBITDA provided by GuruFocus.com. Please click on the following links to see related term pages.


Ossen Innovation Co (FRA:0BG2) Business Description

Traded in Other Exchanges
N/A
Address
518 Shangcheng Road, Floor 17, Shanghai, CHN, 200120
Ossen Innovation Co Ltd designs, engineers, manufactures, and sells prestressed steel materials. The company's materials are used in the construction of bridges, highways and other infrastructure projects in the People's Republic of China and internationally. Its product is categorized as coated products and uncoated products. Its coated products include zinc, rare earth and plain surface prestressed concrete.It is used in the construction of new bridges and the renovation of older bridges. Uncoated products consist of wires that are twisted into a bundle and used in precast concrete plates on the riding surface of bridges. It is categorized based on size, strength, and structure.

Ossen Innovation Co (FRA:0BG2) Headlines

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