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EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Ashland's Enterprise Value is $6,006 Mil. Ashland's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 was $94 Mil. Therefore, Ashland's EV-to-EBIT for today is 63.90.
The historical rank and industry rank for Ashland's EV-to-EBIT or its related term are showing as below:
During the past 13 years, the highest EV-to-EBIT of Ashland was 415.67. The lowest was -399.36. And the median was 31.51.
Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Ashland's Enterprise Value for the quarter that ended in Mar. 2024 was $5,892 Mil. Ashland's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 was $94 Mil. Ashland's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 1.60%.
The historical data trend for Ashland'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.
Ashland Annual Data | |||||||||||||||||||||
Trend | Sep14 | Sep15 | Sep16 | Sep17 | Sep18 | Sep19 | Sep20 | Sep21 | Sep22 | Sep23 | |||||||||||
EV-to-EBIT | Get a 7-Day Free Trial | 57.70 | -11.99 | 34.18 | 21.89 | 24.33 |
Ashland Quarterly Data | ||||||||||||||||||||
Jun19 | Sep19 | Dec19 | Mar20 | Jun20 | Sep20 | Dec20 | Mar21 | Jun21 | Sep21 | Dec21 | Mar22 | Jun22 | Sep22 | Dec22 | Mar23 | Jun23 | Sep23 | Dec23 | Mar24 | |
EV-to-EBIT | Get a 7-Day Free Trial | 20.90 | 17.66 | 24.33 | 31.09 | 62.68 |
For the Specialty Chemicals subindustry, Ashland'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.
For the Chemicals industry and Basic Materials sector, Ashland's EV-to-EBIT distribution charts can be found below:
* The bar in red indicates where Ashland's EV-to-EBIT falls into.
Ashland's EV-to-EBIT for today is calculated as:
EV-to-EBIT | = | Enterprise Value (Today) | / | EBIT (TTM) |
= | 6006.200 | / | 94 | |
= | 63.90 |
Ashland's current Enterprise Value is $6,006 Mil.
Ashland'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 $94 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.
Ashland (NYSE:ASH) 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) %.
Ashland'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 ) |
= | 94 | / | 5891.904938 | |
= | 1.60 % |
Ashland's Enterprise Value for the quarter that ended in Mar. 2024 was $5,892 Mil.
Ashland'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 $94 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.
Thank you for viewing the detailed overview of Ashland's EV-to-EBIT provided by GuruFocus.com. Please click on the following links to see related term pages.
Eric N Boni | officer: Principal Accounting Officer | 8145 BLAZER DRIVE, WILMINGTON DE 19808 |
J Kevin Willis | officer: Chief Financial Officer | 50 E RIVERCENTER BLVD, COVINGTON KY 41011 |
James P. Minicucci | officer: SVP Strategy, M&A & Portfolio | 5474 RINGS ROAD, NORTH TOWER, 5TH FLOOR, DUBLIN OH 43017 |
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Robin E. Lampkin | officer: SVP, Gen. Counsel & Secretary | 5475 RINGS ROAD, NORTH TOWER, 5TH FLOOR, DUBLIN OH 43017 |
Sergio Pedreiro | director | 2 PARK AVENUE, NEW YORK NY 10016 |
Eileen Drury | officer: SVP and Chief Human Resources | 8145 BLAZER DRIVE, WILMINGTON DE 19808 |
Ricky C Sandler | director, other: See Remarks | 65 EAST 55TH STREET, 25TH FLOOR, NEW YORK NY 10022 |
Steven D Bishop | director | ONE PROCTER & GAMBLE PLAZA, CINCINNATI OH 45202 |
Suzan F. Harrison | director | 77 WEST WACKER DRIVE, SUITE 4600, CHICAGO IL 60601 |
Guillermo Novo | director, officer: Chairman and CEO | AIR PRODUCTS AND CHEMICALS, INC., 7201 HAMILTON BOULEVARD, ALLENTOWN PA 18195 |
Winkler Von Mohrenfels Petra Yvonne | officer: Sr. VP, GC and Secretary | 8145 BLAZER DRIVE, WILMINGTON DE 19808 |
Min Chong | officer: Sr VP & Gen Mgr, Spc Additives | 8145 BLAZER DRIVE, WILMINGTON DE 19808 |
Osama M Musa | officer: Sr. Vice President | ASHLAND GLOBAL HOLDINGS INC, 1005 ROUTE 202/206, BRIDGEWATER NJ 08807 |
Swaminathan Ashok Kalyana | officer: Sr VP & Gen Mgr, Life Sciences | 8145 BLAZER DRIVE, WILMINGTON DE 19808 |
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