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Shandong Weigao Group Medical Polymer Co (Shandong Weigao Group Medical Polymer Co) EV-to-EBIT : 6.87 (As of Apr. 28, 2024)


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What is Shandong Weigao Group Medical Polymer Co EV-to-EBIT?

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Shandong Weigao Group Medical Polymer Co's Enterprise Value is $2,538 Mil. Shandong Weigao Group Medical Polymer Co's EBIT for the trailing twelve months (TTM) ended in Jun. 2023 was $369 Mil. Therefore, Shandong Weigao Group Medical Polymer Co's EV-to-EBIT for today is 6.87.

The historical rank and industry rank for Shandong Weigao Group Medical Polymer Co's EV-to-EBIT or its related term are showing as below:

SHWGY' s EV-to-EBIT Range Over the Past 10 Years
Min: 4.87   Med: 15.23   Max: 60.49
Current: 6.8

During the past 13 years, the highest EV-to-EBIT of Shandong Weigao Group Medical Polymer Co was 60.49. The lowest was 4.87. And the median was 15.23.

SHWGY's EV-to-EBIT is ranked better than
84.23% of 463 companies
in the Medical Devices & Instruments industry
Industry Median: 19.9 vs SHWGY: 6.80

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Shandong Weigao Group Medical Polymer Co's Enterprise Value for the quarter that ended in Jun. 2023 was $5,773 Mil. Shandong Weigao Group Medical Polymer Co's EBIT for the trailing twelve months (TTM) ended in Jun. 2023 was $369 Mil. Shandong Weigao Group Medical Polymer Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2023 was 6.40%.


Shandong Weigao Group Medical Polymer Co EV-to-EBIT Historical Data

The historical data trend for Shandong Weigao Group Medical Polymer 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.

Shandong Weigao Group Medical Polymer Co EV-to-EBIT Chart

Shandong Weigao Group Medical Polymer Co 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 14.95 23.97 11.46 14.62 11.14

Shandong Weigao Group Medical Polymer Co Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 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 11.46 - 14.62 - -

Competitive Comparison of Shandong Weigao Group Medical Polymer Co's EV-to-EBIT

For the Medical Instruments & Supplies subindustry, Shandong Weigao Group Medical Polymer 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.


Shandong Weigao Group Medical Polymer Co's EV-to-EBIT Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Shandong Weigao Group Medical Polymer Co's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Shandong Weigao Group Medical Polymer Co's EV-to-EBIT falls into.



Shandong Weigao Group Medical Polymer Co EV-to-EBIT Calculation

Shandong Weigao Group Medical Polymer Co's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=2537.958/369.373
=6.87

Shandong Weigao Group Medical Polymer Co's current Enterprise Value is $2,538 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Shandong Weigao Group Medical Polymer Co's EBIT for the trailing twelve months (TTM) ended in Jun. 2023 was $369 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.


Shandong Weigao Group Medical Polymer Co  (OTCPK:SHWGY) 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) %.

Shandong Weigao Group Medical Polymer Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2023 is calculated as:

Earnings Yield (Joel Greenblatt) % (Q: Jun. 2023 ) =EBIT / Enterprise Value (Q: Jun. 2023 )
=369.373/5773.148
=6.40 %

Shandong Weigao Group Medical Polymer Co's Enterprise Value for the quarter that ended in Jun. 2023 was $5,773 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Shandong Weigao Group Medical Polymer Co's EBIT for the trailing twelve months (TTM) ended in Jun. 2023 was $369 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.


Shandong Weigao Group Medical Polymer Co EV-to-EBIT Related Terms

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Shandong Weigao Group Medical Polymer Co (Shandong Weigao Group Medical Polymer Co) Business Description

Traded in Other Exchanges
Address
No.1, Weigao Road, Torch Hi-tech Science Park, Shandong Province, Weihai, CHN
Shandong Weigao Group Medical Polymer Co Ltd functions in the healthcare sector in China. Its business mainly involves the research and development, production, and sale of single-use medical device products. The company's segments include Medical device products, Orthopaedic products, Interventional products, Pharma packaging products, Blood management products, and others. The company's products comprise consumables including infusion sets, syringes, medical needles, blood bags, prefilled syringes, wound management, blood sampling products; orthopedic materials, and blood purification consumables and equipment. The company operates in the People's Republic of China, the United States, Europe, the Middle East, and Africa, Asia, and others.

Shandong Weigao Group Medical Polymer Co (Shandong Weigao Group Medical Polymer Co) Headlines