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Sutor Technology Group Ltd (NAS:SUTR)
EV/EBIT
4.27 (As of Today)

EV/EBIT ratio is calculated as enterprise value divided by its EBIT. As of today, Sutor Technology Group Ltd's enterprise value is $121.0 Mil. Sutor Technology Group Ltd's operating income for the trailing twelve months (TTM) ended in Mar. 2014 was $27.9 Mil. Therefore, Sutor Technology Group Ltd's EV/EBIT ratio for today is 4.27.

SUTR' s 10-Year EV/EBIT Range
Min: 3.1   Max: 377.2
Current: 4.27

3.1
377.2

During the past 11 years, the highest EV/EBIT Ratio of Sutor Technology Group Ltd was 377.20. The lowest was 3.10. And the median was 7.40.

SUTR's EV/EBITis ranked higher than
97% of the 582 Companies
in the Global Steel industry.

( Industry Median: 29.96 vs. SUTR: 4.27 )

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt). Sutor Technology Group Ltd's enterprise value for the quarter that ended in Mar. 2014 was $175.1 Mil. Sutor Technology Group Ltd's Operating Income for the trailing twelve months (TTM) ended in Mar. 2014 was $27.9 Mil. Sutor Technology Group Ltd's Earnings Yield (Joel Greenblatt) for the quarter that ended in Mar. 2014 was 15.95%.


Definition

Sutor Technology Group Ltd's EV/EBIT for today is calculated as:

EV/EBIT=Enterprise Value (Today)/Operating Income (TTM)
=120.988/27.939
=4.33

Sutor Technology Group Ltd's current Enterprise Value is $121.0 Mil.
Sutor Technology Group Ltd's Operating Income for the trailing twelve months (TTM) ended in Mar. 2014 was 7.344 (Jun. 2013 ) + 7.303 (Sep. 2013 ) + 9.663 (Dec. 2013 ) + 3.629 (Mar. 2014 ) = $27.9 Mil.

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.


Explanation

This is a more accurate valuation of companies' operation because it consider 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).

Sutor Technology Group Ltd's Earnings Yield (Joel Greenblatt) for the quarter that ended in Mar. 2014 is calculated as:

Earnings Yield (Joel Greenblatt) (Q: Mar. 2014 )=Operating Income (TTM)/Enterprise Value (Q: Mar. 2014 )
=27.939/175.0522
=15.96 %

Sutor Technology Group Ltd's Enterprise Value for the quarter that ended in Mar. 2014 was $175.1 Mil.
Sutor Technology Group Ltd's Operating Income for the trailing twelve months (TTM) ended in Mar. 2014 was 7.344 (Jun. 2013 ) + 7.303 (Sep. 2013 ) + 9.663 (Dec. 2013 ) + 3.629 (Mar. 2014 ) = $27.9 Mil.

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.


Related Terms

Enterprise Value, Operating Income, Earnings Yield (Joel Greenblatt)


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.

Sutor Technology Group Ltd Annual Data

Dec04Dec05Dec06Jun07Jun08Jun09Jun10Jun11Jun12Jun13
ev2ebit 0.000.000.0015.7110.138.248.345.937.177.85

Sutor Technology Group Ltd Quarterly Data

Dec11Mar12Jun12Sep12Dec12Mar13Jun13Sep13Dec13Mar14
ev2ebit 7.237.427.177.837.007.337.856.716.116.27
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