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Apollo Tyres (NSE:APOLLOTYRE) EV-to-EBIT : 12.14 (As of May. 01, 2024)


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What is Apollo Tyres EV-to-EBIT?

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Apollo Tyres's Enterprise Value is ₹366,509 Mil. Apollo Tyres's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was ₹30,193 Mil. Therefore, Apollo Tyres's EV-to-EBIT for today is 12.14.

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

NSE:APOLLOTYRE' s EV-to-EBIT Range Over the Past 10 Years
Min: 2.58   Med: 10.44   Max: 88.06
Current: 12.14

During the past 13 years, the highest EV-to-EBIT of Apollo Tyres was 88.06. The lowest was 2.58. And the median was 10.44.

NSE:APOLLOTYRE's EV-to-EBIT is ranked better than
51.58% of 1045 companies
in the Vehicles & Parts industry
Industry Median: 12.7 vs NSE:APOLLOTYRE: 12.14

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Apollo Tyres's Enterprise Value for the quarter that ended in Dec. 2023 was ₹288,368 Mil. Apollo Tyres's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was ₹30,193 Mil. Apollo Tyres's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 10.47%.


Apollo Tyres EV-to-EBIT Historical Data

The historical data trend for Apollo Tyres'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.

Apollo Tyres EV-to-EBIT Chart

Apollo Tyres Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
EV-to-EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 16.15 14.13 19.33 13.85 13.11

Apollo Tyres 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 13.18 13.11 11.24 10.11 9.55

Competitive Comparison of Apollo Tyres's EV-to-EBIT

For the Auto Parts subindustry, Apollo Tyres'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.


Apollo Tyres's EV-to-EBIT Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Apollo Tyres's EV-to-EBIT distribution charts can be found below:

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



Apollo Tyres EV-to-EBIT Calculation

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

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=366509.397/30192.58
=12.14

Apollo Tyres's current Enterprise Value is ₹366,509 Mil.
Apollo Tyres'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 ₹30,193 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.


Apollo Tyres  (NSE:APOLLOTYRE) 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) %.

Apollo Tyres'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 )
=30192.58/288367.60905
=10.47 %

Apollo Tyres's Enterprise Value for the quarter that ended in Dec. 2023 was ₹288,368 Mil.
Apollo Tyres'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 ₹30,193 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.


Apollo Tyres EV-to-EBIT Related Terms

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


Apollo Tyres (NSE:APOLLOTYRE) Business Description

Traded in Other Exchanges
Address
Apollo House, 7 Institutional Area, Sector 32, Gurugram, HR, IND, 122001
Apollo Tyres Ltd manufactures and sells tires. The company's geographical segments are the Asia Pacific, the Middle East, Africa, Europe, and Others. The firm's two key brands are Apollo and Vredestein. The product portfolio comprises tires for Passenger, Commercial, Off-highway vehicles, and Two-wheelers.

Apollo Tyres (NSE:APOLLOTYRE) Headlines

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