EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Encore Wire's Enterprise Value is $3,930 Mil.
Encore Wire's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was $451 Mil. Therefore, Encore Wire's EV-to-EBIT for today is 8.71.
The historical rank and industry rank for Encore Wire's EV-to-EBIT or its related term are showing as below:
WIRE'
s EV-to-EBIT Range Over the Past 10 Years
Min: 1.73 Med: 10.97 Max: 23.99
Current: 8.71
During the past 13 years, the highest EV-to-EBIT of Encore Wire was 23.99. The lowest was 1.73. And the median was 10.97.
WIRE's EV-to-EBIT is ranked better than 76.67% of 2379
companies
in the Industrial Products industry
Industry Median: 16.16
vs WIRE: 8.71
Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Encore Wire's Enterprise Value for the quarter that ended in Dec. 2023 was $2,775 Mil.
Encore Wire's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was $451 Mil. Encore Wire's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 16.27%.
Encore Wire EV-to-EBIT Historical Data
The historical data trend for Encore Wire'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.
Encore Wire Annual Data
Trend
Dec14
Dec15
Dec16
Dec17
Dec18
Dec19
Dec20
Dec21
Dec22
Dec23
EV-to-EBIT
13.55
10.89
3.49
1.93
6.15
Encore Wire 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
1.93
2.99
3.45
4.16
6.15
Competitive Comparison
For the Electrical Equipment & Parts subindustry, Encore Wire'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.
Encore Wire EV-to-EBIT Distribution
For the Industrial Products industry and Industrials sector, Encore Wire's EV-to-EBIT distribution charts can be found below:
* The bar in red indicates where Encore Wire's EV-to-EBIT falls into.
Encore Wire EV-to-EBIT Calculation
Encore Wire's EV-to-EBIT for today is calculated as:
Encore Wire's current Enterprise Value is $3,930 Mil.
Encore Wire'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 $451 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.
Encore Wire (NAS:WIRE) 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.
Encore Wire's Enterprise Value for the quarter that ended in Dec. 2023 was $2,775 Mil.
Encore Wire'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 $451 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.
Encore Wire EV-to-EBIT Related Terms
Thank you for viewing the detailed overview of Encore Wire's EV-to-EBIT provided by GuruFocus.com. Please click on the following links to see related term pages.
Encore Wire Corp is engaged in manufacturing electrical building wire and cable. It supplies building wire for interior electrical wiring in commercial and industrial buildings, homes, apartments, and manufactured housing. The company's principal customers are wholesale electrical distributors, who sell building wire and a variety of other products to electrical contractors. Encore offers an electrical building wire product line that consists primarily of NM-B cable, UF-B cable, THHN/THWN-2, XHHW-2, RHH/RHW-2, and other types of wire products, including tray cable, metal-clad, and armored cable.
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