GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » SKF AB (FRA:SKFB) » Definitions » EV-to-EBIT

SKF AB (FRA:SKFB) EV-to-EBIT : 10.38 (As of Apr. 29, 2024)


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

What is SKF AB EV-to-EBIT?

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, SKF AB's Enterprise Value is €9,467 Mil. SKF AB's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was €912 Mil. Therefore, SKF AB's EV-to-EBIT for today is 10.38.

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

FRA:SKFB' s EV-to-EBIT Range Over the Past 10 Years
Min: 5.05   Med: 9.35   Max: 27.19
Current: 10.55

During the past 13 years, the highest EV-to-EBIT of SKF AB was 27.19. The lowest was 5.05. And the median was 9.35.

FRA:SKFB's EV-to-EBIT is ranked better than
70.99% of 2382 companies
in the Industrial Products industry
Industry Median: 16.53 vs FRA:SKFB: 10.55

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. SKF AB's Enterprise Value for the quarter that ended in Dec. 2023 was €9,275 Mil. SKF AB's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was €912 Mil. SKF AB's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 9.83%.


SKF AB EV-to-EBIT Historical Data

The historical data trend for SKF AB'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.

SKF AB EV-to-EBIT Chart

SKF AB Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EV-to-EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 9.95 14.90 9.98 10.74 9.72

SKF AB Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 10.74 10.37 7.76 6.91 9.72

Competitive Comparison of SKF AB's EV-to-EBIT

For the Tools & Accessories subindustry, SKF AB'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.


SKF AB's EV-to-EBIT Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, SKF AB's EV-to-EBIT distribution charts can be found below:

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



SKF AB EV-to-EBIT Calculation

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

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=9467.352/911.802
=10.38

SKF AB's current Enterprise Value is €9,467 Mil.
SKF AB'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 €912 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.


SKF AB  (FRA:SKFB) 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) %.

SKF AB'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 )
=911.802/9274.59736
=9.83 %

SKF AB's Enterprise Value for the quarter that ended in Dec. 2023 was €9,275 Mil.
SKF AB'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 €912 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.


SKF AB EV-to-EBIT Related Terms

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


SKF AB (FRA:SKFB) Business Description

Address
Sven Wingquists Gata 2, Gothenburg, SWE, SE-415 50
SKF's history goes back to the first major patents in ball bearings, when in 1907 it was the first to patent the self-aligning ball bearing. SKF, along with the Schaeffler Group, are the top two global ball bearing suppliers followed by Timken, NSK, NTN, and JTEKT. Combined, these six companies supply about 60% of the world's ball bearings. However, most of them have sector niches as ball bearings for industrial purposes are engineered for specific applications. SKF is based out of Sweden and has a global manufacturing footprint of 106 sites and about 17,000 global distributor locations. The firm operates under two segments: industrials, which has a fairly fragmented customer base; and automotive, which is the opposite, with a concentrated customer base including the likes of Tesla.

SKF AB (FRA:SKFB) Headlines

No Headlines