GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Nova Ltd (NAS:NVMI) » Definitions » EV-to-EBIT

Nova (NVMI) EV-to-EBIT : 30.50 (As of Apr. 26, 2024)


View and export this data going back to 2000. Start your Free Trial

What is Nova EV-to-EBIT?

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Nova's Enterprise Value is $4,756.7 Mil. Nova's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was $156.0 Mil. Therefore, Nova's EV-to-EBIT for today is 30.50.

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

NVMI' s EV-to-EBIT Range Over the Past 10 Years
Min: 7.49   Med: 18.3   Max: 939.1
Current: 30.5

During the past 13 years, the highest EV-to-EBIT of Nova was 939.10. The lowest was 7.49. And the median was 18.30.

NVMI's EV-to-EBIT is ranked worse than
58.96% of 670 companies
in the Semiconductors industry
Industry Median: 22.985 vs NVMI: 30.50

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Nova's Enterprise Value for the quarter that ended in Dec. 2023 was $3,786.7 Mil. Nova's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was $156.0 Mil. Nova's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 4.12%.


Nova EV-to-EBIT Historical Data

The historical data trend for Nova'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.

Nova EV-to-EBIT Chart

Nova 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 22.96 31.03 35.23 13.87 24.28

Nova 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 13.87 18.04 21.30 20.86 24.28

Competitive Comparison of Nova's EV-to-EBIT

For the Semiconductor Equipment & Materials subindustry, Nova'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.


Nova's EV-to-EBIT Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Nova's EV-to-EBIT distribution charts can be found below:

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



Nova EV-to-EBIT Calculation

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

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=4756.729/155.983
=30.50

Nova's current Enterprise Value is $4,756.7 Mil.
Nova'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 $156.0 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.


Nova  (NAS:NVMI) 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) %.

Nova'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 )
=155.983/3786.666982
=4.12 %

Nova's Enterprise Value for the quarter that ended in Dec. 2023 was $3,786.7 Mil.
Nova'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 $156.0 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.


Nova EV-to-EBIT Related Terms

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


Nova (NVMI) Business Description

Traded in Other Exchanges
Address
5 David Fikes Street, Rehovot, ISR, 7632805
Nova Ltd is a semiconductor equipment manufacturer. The company provides metrology solutions for process control used in semiconductor manufacturing. The company offers in-line optical and x-ray stand-alone metrology systems, as well as integrated optical metrology systems. The product range consists of Nova 2040, Nova 3090Next, Nova i500 and i500 Plus, Nova T500, Nova T600, Nova V2600, HelioSense 100, Nova Hybrid Metrology solution, NovaMars. The company generates majority of its revenue from Taiwan, R.O.C. Geographically the company has its business spread across the region of Taiwan, Korea, China, the United States, and Europe.
Executives
Marxe Austin W & Greenhouse David M 10 percent owner C/O SPECIAL SITUATIONS FUNDS, 527 MADISON AVENUE, SUITE 2600, NEW YORK NY 10022