GURUFOCUS.COM » STOCK LIST » Industrials » Farm & Heavy Construction Machinery » Millat Tractors Ltd (KAR:MTL) » Definitions » EV-to-EBITDA

Millat Tractors (KAR:MTL) EV-to-EBITDA : 6.76 (As of May. 16, 2024)


View and export this data going back to 1965. Start your Free Trial

What is Millat Tractors EV-to-EBITDA?

EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, Millat Tractors's enterprise value is ₨123,446 Mil. Millat Tractors's EBITDA for the trailing twelve months (TTM) ended in Mar. 2024 was ₨18,260 Mil. Therefore, Millat Tractors's EV-to-EBITDA for today is 6.76.

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

KAR:MTL' s EV-to-EBITDA Range Over the Past 10 Years
Min: 3.58   Med: 7.23   Max: 14.62
Current: 6.76

During the past 13 years, the highest EV-to-EBITDA of Millat Tractors was 14.62. The lowest was 3.58. And the median was 7.23.

KAR:MTL's EV-to-EBITDA is ranked better than
67.82% of 174 companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 9.24 vs KAR:MTL: 6.76

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 (2024-05-16), Millat Tractors's stock price is ₨608.59. Millat Tractors's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2024 was ₨49.421. Therefore, Millat Tractors's PE Ratio for today is 12.31.

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


Millat Tractors EV-to-EBITDA Historical Data

The historical data trend for Millat Tractors'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.

Millat Tractors EV-to-EBITDA Chart

Millat Tractors Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
EV-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.25 10.12 5.90 8.42 10.98

Millat Tractors Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 10.80 10.98 7.03 6.62 6.09

Competitive Comparison of Millat Tractors's EV-to-EBITDA

For the Farm & Heavy Construction Machinery subindustry, Millat Tractors'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.


Millat Tractors's EV-to-EBITDA Distribution in the Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, Millat Tractors's EV-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Millat Tractors's EV-to-EBITDA falls into.



Millat Tractors EV-to-EBITDA Calculation

Millat Tractors's EV-to-EBITDA for today is calculated as:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA (TTM)
=123446.155/18260.323
=6.76

Millat Tractors's current Enterprise Value is ₨123,446 Mil.
Millat Tractors's EBITDA 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 ₨18,260 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.


Millat Tractors  (KAR:MTL) 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 to determine the fair market value of a company.

Millat Tractors's PE Ratio for today is calculated as:

PE Ratio=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=608.59/49.421
=12.31

Millat Tractors's share price for today is ₨608.59.
Millat Tractors's Earnings per Share (Diluted) 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 ₨49.421.

* 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.

Please read Which price ratio outperforms the enterprise multiple?


Millat Tractors EV-to-EBITDA Related Terms

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


Millat Tractors (KAR:MTL) Business Description

Traded in Other Exchanges
N/A
Address
9-KM Sheikhupura Road, Shahdara, P.O Box No. 12023, District Sheikhupura, Lahore, PAK
Millat Tractors Ltd operates in the automobile sector. It is engaged in assembling and manufacturing agricultural tractors, implements and multi-application products. The company's operating segment includes Tractors; Tractor components; Castings and Others. It generates maximum revenue from the Tractors segment. The tractor components segment is engaged in the business of manufacturing automotive, agricultural and industrial vehicle parts and components.

Millat Tractors (KAR:MTL) Headlines