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Insteel Industries (Insteel Industries) EV-to-EBIT : 17.06 (As of Apr. 26, 2024)


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What is Insteel Industries EV-to-EBIT?

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Insteel Industries's Enterprise Value is $535.6 Mil. Insteel Industries's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 was $31.4 Mil. Therefore, Insteel Industries's EV-to-EBIT for today is 17.06.

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

IIIN' s EV-to-EBIT Range Over the Past 10 Years
Min: 2.68   Med: 13.08   Max: 149.16
Current: 18.48

During the past 13 years, the highest EV-to-EBIT of Insteel Industries was 149.16. The lowest was 2.68. And the median was 13.08.

IIIN's EV-to-EBIT is ranked worse than
58.78% of 2380 companies
in the Industrial Products industry
Industry Median: 16.445 vs IIIN: 18.48

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Insteel Industries's Enterprise Value for the quarter that ended in Mar. 2024 was $0.0 Mil. Insteel Industries's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 was $31.4 Mil. Insteel Industries's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was %.


Insteel Industries EV-to-EBIT Historical Data

The historical data trend for Insteel Industries'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.

Insteel Industries EV-to-EBIT Chart

Insteel Industries Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
EV-to-EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 46.86 12.14 7.54 2.90 12.13

Insteel Industries 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 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 4.51 7.78 12.13 22.81 -

Competitive Comparison of Insteel Industries's EV-to-EBIT

For the Metal Fabrication subindustry, Insteel Industries'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.


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

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

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



Insteel Industries EV-to-EBIT Calculation

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

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=535.643/31.402
=17.06

Insteel Industries's current Enterprise Value is $535.6 Mil.
Insteel Industries'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 $31.4 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.


Insteel Industries  (NYSE:IIIN) 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) %.

Insteel Industries'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 )
=31.402/0
= %

Insteel Industries's Enterprise Value for the quarter that ended in Mar. 2024 was $0.0 Mil.
Insteel Industries'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 $31.4 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.


Insteel Industries EV-to-EBIT Related Terms

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


Insteel Industries (Insteel Industries) Business Description

Traded in Other Exchanges
Address
1373 Boggs Drive, Mount Airy, NC, USA, 27030
Insteel Industries Inc manufactures steel wire reinforcing products for concrete construction applications. It manufactures and markets PC strand and welded wire reinforcement, including ESM, concrete pipe reinforcement, and standard welded wire reinforcement. The company's products are sold primarily to manufacturers of concrete products that are used in nonresidential construction. Its concrete reinforcing products consist of two product lines: PC strand and WWR. Insteel generates its geographical revenue from the United States.
Executives
James F Petelle officer: Vice President 1373 BOGGS DRIVE, MOUNT AIRY NC 27030
Richard Wagner officer: Vice President 1373 BOGGS DRIVE, MOUNT AIRY NC 27030
Elizabeth Carroll Southern officer: Vice President-Administration 1373 BOGGS DRIVE, MOUNT AIRY NC 27030
Patrick K. Griffin officer: Controller and CAO 1373 BOGGS DRIVE, MOUNT AIRY NC 27030
Scot R Jafroodi officer: Chief Accounting Officer 1373 BOGGS DRIVE, MOUNT AIRY NC 27030
Woltz H O Iii director, officer: President and CEO 1373 BOGGS DR, MT AIRY NC 27030
James R. York officer: Senior Vice President 1373 BOGGS DRIVE, MOUNT AIRY NC 27030
Mark A Carano officer: Vice President and CFO 13024 BALLANTYNE CORPORATE PLACE, #700, CHARLOTTE NC 28277
Joseph A Rutkowski director 2100 REXFORD RD, CHARLOTTE NC 28211
Jon M Ruth director 1373 BOGGS DRIVE, MOUNT AIRY NC 27030
G Kennedy Thompson director 3000 HANOVER STREET, PALO ALTO CA 94304
Anne H Lloyd director
Michael C Gazmarian officer: Treasurer 1373 BOGGS DR, MT AIRY NC 27030
Charles B Newsome director 1373 BOGGS DR, MT AIRY NC 27030
Rogers W Allen Ii director 1373 BOGGS DR, MT AIRY NC 27030

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