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Hardinge (Hardinge) EV-to-EBIT : 17.60 (As of May. 05, 2024)


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What is Hardinge EV-to-EBIT?

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Hardinge's Enterprise Value is $239.9 Mil. Hardinge's EBIT for the trailing twelve months (TTM) ended in Mar. 2018 was $13.6 Mil. Therefore, Hardinge's EV-to-EBIT for today is 17.60.

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

HDNG's EV-to-EBIT is not ranked *
in the Industrial Products industry.
Industry Median: 16.955
* Ranked among companies with meaningful EV-to-EBIT only.

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Hardinge's Enterprise Value for the quarter that ended in Mar. 2018 was $198.0 Mil. Hardinge's EBIT for the trailing twelve months (TTM) ended in Mar. 2018 was $13.6 Mil. Hardinge's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2018 was 6.88%.


Hardinge EV-to-EBIT Historical Data

The historical data trend for Hardinge'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.

Hardinge EV-to-EBIT Chart

Hardinge Annual Data
Trend Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17
EV-to-EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 24.27 -393.68 19.34 33.27 19.87

Hardinge Quarterly Data
Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18
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 40.81 28.30 19.71 19.87 14.54

Competitive Comparison of Hardinge's EV-to-EBIT

For the Tools & Accessories subindustry, Hardinge'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.


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

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

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



Hardinge EV-to-EBIT Calculation

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

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=239.890/13.628
=17.60

Hardinge's current Enterprise Value is $239.9 Mil.
Hardinge's EBIT for the trailing twelve months (TTM) ended in Mar. 2018 adds up the quarterly data reported by the company within the most recent 12 months, which was $13.6 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.


Hardinge  (NAS:HDNG) 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) %.

Hardinge's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2018 is calculated as:

Earnings Yield (Joel Greenblatt) % (Q: Mar. 2018 ) =EBIT / Enterprise Value (Q: Mar. 2018 )
=13.628/198.026144
=6.88 %

Hardinge's Enterprise Value for the quarter that ended in Mar. 2018 was $198.0 Mil.
Hardinge's EBIT for the trailing twelve months (TTM) ended in Mar. 2018 adds up the quarterly data reported by the company within the most recent 12 months, which was $13.6 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.


Hardinge EV-to-EBIT Related Terms

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Hardinge (Hardinge) Business Description

Traded in Other Exchanges
N/A
Address
Hardinge Inc is a machine tool manufacturer. It designs and manufactures computer-numerically controlled cutting lathes, machining centers, grinding machines, collets, chucks, index fixtures and other industrial products. The company operates through two reportable segments, Metalcutting Machine Solutions (MMS) and Aftermarket Tooling and Accessories (ATA). The MMS segment includes high-precision computer controlled metalcutting turning machines, vertical machining centers, horizontal machining centers, grinding machines, and repair parts related to those machines. The Company's ATA segment includes products that are purchased by manufacturers throughout the lives of their machines. The company's products are sold to customers in North America, Europe, and Asia.
Executives
R Tony Tripeny director ONE RIVERFRONT PLAZA, CORNING NY 14831
Charles P Dougherty director, officer: President and CEO C/O TYCO ELECTRONICS LTD, 1050 WESTLAKES DRIVE, BERWYN PA 19312
Ryan Levenson director 2396 DELLWOOD DRIVE, ATLANTA GA 30305
Benjamin L Rosenzweig director 50 OLD IVY ROAD SUITE 230, ATLANTA GA 30342
Mitchell I Quain director 53 FOREST AVENUE, SUITE 101, OLD GREENWICH CT 06870
Robert R Rogowski officer: Corporate Controller C/0 HARDINGE INC., ONE HARDINGE DRIVE, ELMIRA NY 14903
B. Christopher Disantis director 8540 GANDER CREEK DRIVE MIAMISBURG OH 45342
Richard L Simons other: Former Officer ONE HARDINGE DRIVE, ELMIRA NY 14902-1507
Privet Fund Lp 10 percent owner 3280 PEACHTREE ROAD NE, SUITE 2670, Atlanta GA 30305
Privet Fund Management Llc 10 percent owner 3280 PEACHTREE ROAD NE, SUITE 2670, ATLANTA GA 30305
Robert Lepofsky director C/O HARDINGE INC., ONE HARDINGE DRIVE, ELMIRA NY 14902

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