EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Norsk Hydro ASA's Enterprise Value is $13,898 Mil.
Norsk Hydro ASA's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was $825 Mil. Therefore, Norsk Hydro ASA's EV-to-EBIT for today is 16.84.
The historical rank and industry rank for Norsk Hydro ASA's EV-to-EBIT or its related term are showing as below:
NHYKF'
s EV-to-EBIT Range Over the Past 10 Years
Min: -535.88 Med: 10.54 Max: 306.37
Current: 17.14
During the past 13 years, the highest EV-to-EBIT of Norsk Hydro ASA was 306.37. The lowest was -535.88. And the median was 10.54.
NHYKF's EV-to-EBIT is ranked worse than 63.17% of 581
companies
in the Metals & Mining industry
Industry Median: 12.61
vs NHYKF: 17.14
Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Norsk Hydro ASA's Enterprise Value for the quarter that ended in Dec. 2023 was $15,209 Mil.
Norsk Hydro ASA's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was $825 Mil. Norsk Hydro ASA's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 5.43%.
Norsk Hydro ASA EV-to-EBIT Historical Data
The historical data trend for Norsk Hydro ASA'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.
Norsk Hydro ASA Annual Data
Trend
Dec14
Dec15
Dec16
Dec17
Dec18
Dec19
Dec20
Dec21
Dec22
Dec23
EV-to-EBIT
-206.58
15.75
7.63
4.64
17.32
Norsk Hydro ASA 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
4.64
5.99
6.96
12.11
17.32
Competitive Comparison
For the Aluminum subindustry, Norsk Hydro ASA'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.
Norsk Hydro ASA EV-to-EBIT Distribution
For the Metals & Mining industry and Basic Materials sector, Norsk Hydro ASA's EV-to-EBIT distribution charts can be found below:
* The bar in red indicates where Norsk Hydro ASA's EV-to-EBIT falls into.
Norsk Hydro ASA EV-to-EBIT Calculation
Norsk Hydro ASA's EV-to-EBIT for today is calculated as:
Norsk Hydro ASA's current Enterprise Value is $13,898 Mil.
Norsk Hydro ASA'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 $825 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.
Norsk Hydro ASA (OTCPK:NHYKF) 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.
Norsk Hydro ASA's Enterprise Value for the quarter that ended in Dec. 2023 was $15,209 Mil.
Norsk Hydro ASA'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 $825 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.
Norsk Hydro ASA EV-to-EBIT Related Terms
Thank you for viewing the detailed overview of Norsk Hydro ASA's EV-to-EBIT provided by GuruFocus.com. Please click on the following links to see related term pages.
Norsk Hydro ASA (Norsk Hydro ASA) Business Description
Norsk Hydro ASA is an aluminium and renewable energy company committed to a sustainable future. It's engaged in energy to bauxite mining and alumina refining, primary aluminium, aluminium extrusions, and aluminium recycling. The company's reportable segments are Hydro Bauxite & Alumina, Hydro Aluminium Metal, Hydro Extrusions, and Hydro Energy, as well as the Hydro Metal Markets activities. Hydro Extrusions delivers products within extrusion profiles, building systems, and precision tubing, and is operating several recycling facilities, both integrated with its extrusion plants and separate plants. Hydro Extrusions are present in about 40 countries. It is delivered to sectors such as construction, automotive and heating, etc. Key revenue comes from the Hydro Extrusions segment.
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