GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Daido Steel Co Ltd (NGO:5471) » Definitions » EV-to-EBIT

Daido Steel Co (NGO:5471) EV-to-EBIT : 5.98 (As of May. 18, 2024)


View and export this data going back to 1950. Start your Free Trial

What is Daido Steel Co EV-to-EBIT?

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Daido Steel Co's Enterprise Value is 円446,362 Mil. Daido Steel Co's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was 円74,703 Mil. Therefore, Daido Steel Co's EV-to-EBIT for today is 5.98.

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

NGO:5471' s EV-to-EBIT Range Over the Past 10 Years
Min: 5.94   Med: 13.91   Max: 467.83
Current: 5.97

During the past 13 years, the highest EV-to-EBIT of Daido Steel Co was 467.83. The lowest was 5.94. And the median was 13.91.

NGO:5471's EV-to-EBIT is ranked better than
76.01% of 496 companies
in the Steel industry
Industry Median: 11.405 vs NGO:5471: 5.97

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Daido Steel Co's Enterprise Value for the quarter that ended in Dec. 2023 was 円520,673 Mil. Daido Steel Co's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was 円74,703 Mil. Daido Steel Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 14.35%.


Daido Steel Co EV-to-EBIT Historical Data

The historical data trend for Daido Steel Co'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.

Daido Steel Co EV-to-EBIT Chart

Daido Steel Co Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
EV-to-EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 14.42 35.28 8.68 8.64 6.91

Daido Steel Co 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 8.64 9.59 10.37 12.14 -

Competitive Comparison of Daido Steel Co's EV-to-EBIT

For the Steel subindustry, Daido Steel Co'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.


Daido Steel Co's EV-to-EBIT Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Daido Steel Co's EV-to-EBIT distribution charts can be found below:

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



Daido Steel Co EV-to-EBIT Calculation

Daido Steel Co's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=446361.890/74703
=5.98

Daido Steel Co's current Enterprise Value is 円446,362 Mil.
Daido Steel Co'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 円74,703 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.


Daido Steel Co  (NGO:5471) 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) %.

Daido Steel Co'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 )
=74703/520673.056
=14.35 %

Daido Steel Co's Enterprise Value for the quarter that ended in Dec. 2023 was 円520,673 Mil.
Daido Steel Co'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 円74,703 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.


Daido Steel Co EV-to-EBIT Related Terms

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


Daido Steel Co (NGO:5471) Business Description

Traded in Other Exchanges
Address
1-10, Higashisakura 1-chome, Higashi-ku, Nagoya, Aichi, JPN, 461-8581
Daido Steel Co Ltd is a Japan-based company that primarily operates through three segments. The special steel segment produces and distributes specialty steel for automotive parts, industrial machinery parts, electrical machinery parts, construction, and tool steel. The high-performance materials and magnetic materials segment produces and sells stainless steel, nickel-based alloys, electrical and electronic parts, magnetic material products, alloy powder, titanium products, and welding wire. The parts for automobile and industrial equipment segment is engaged in forging and casting for parts for automobiles, industrial machines, chemical equipment, and oil drilling rigs. The company generates majority of its revenue from the Japanese domestic market.

Daido Steel Co (NGO:5471) Headlines

No Headlines