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China Ming Yang Wind Power Group (China Ming Yang Wind Power Group) EV-to-EBITDA : 5.46 (As of Apr. 25, 2024)


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What is China Ming Yang Wind Power Group EV-to-EBITDA?

EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, China Ming Yang Wind Power Group's enterprise value is $386 Mil. China Ming Yang Wind Power Group's EBITDA for the trailing twelve months (TTM) ended in Sep. 2015 was $71 Mil. Therefore, China Ming Yang Wind Power Group's EV-to-EBITDA for today is 5.46.

The historical rank and industry rank for China Ming Yang Wind Power Group's EV-to-EBITDA or its related term are showing as below:

MY's EV-to-EBITDA is not ranked *
in the Industrial Products industry.
Industry Median: 13.91
* Ranked among companies with meaningful EV-to-EBITDA only.

EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio to determine the fair market value of a company.

As of today (2024-04-25), China Ming Yang Wind Power Group's stock price is $2.44. China Ming Yang Wind Power Group's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Sep. 2015 was $0.292. Therefore, China Ming Yang Wind Power Group's PE Ratio for today is 8.36.

The "classic" EV-to-EBITDA is much better in capturing debt and net cash than the PE Ratio.


China Ming Yang Wind Power Group EV-to-EBITDA Historical Data

The historical data trend for China Ming Yang Wind Power Group's EV-to-EBITDA 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.

China Ming Yang Wind Power Group EV-to-EBITDA Chart

China Ming Yang Wind Power Group Annual Data
Trend Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15
EV-to-EBITDA
Get a 7-Day Free Trial 3.15 109.16 -5.85 2.60 4.41

China Ming Yang Wind Power Group Quarterly Data
Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15
EV-to-EBITDA 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 2.60 3.97 4.24 3.17 4.41

Competitive Comparison of China Ming Yang Wind Power Group's EV-to-EBITDA

For the Specialty Industrial Machinery subindustry, China Ming Yang Wind Power Group's EV-to-EBITDA, along with its competitors' market caps and EV-to-EBITDA 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.


China Ming Yang Wind Power Group's EV-to-EBITDA Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, China Ming Yang Wind Power Group's EV-to-EBITDA distribution charts can be found below:

* The bar in red indicates where China Ming Yang Wind Power Group's EV-to-EBITDA falls into.



China Ming Yang Wind Power Group EV-to-EBITDA Calculation

China Ming Yang Wind Power Group's EV-to-EBITDA for today is calculated as:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA (TTM)
=386.057/70.677
=5.46

China Ming Yang Wind Power Group's current Enterprise Value is $386 Mil.
China Ming Yang Wind Power Group's EBITDA for the trailing twelve months (TTM) ended in Sep. 2015 adds up the quarterly data reported by the company within the most recent 12 months, which was $71 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.


China Ming Yang Wind Power Group  (NYSE:MY) EV-to-EBITDA Explanation

EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio to determine the fair market value of a company.

China Ming Yang Wind Power Group's PE Ratio for today is calculated as:

PE Ratio=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=2.44/0.292
=8.36

China Ming Yang Wind Power Group's share price for today is $2.44.
China Ming Yang Wind Power Group's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Sep. 2015 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.292.

* 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.

Study has found that the companies with the lowest EV-to-EBITDA outperforms companies measured as cheap by other ratios such as PE Ratio.

Please read Which price ratio outperforms the enterprise multiple?


China Ming Yang Wind Power Group EV-to-EBITDA Related Terms

Thank you for viewing the detailed overview of China Ming Yang Wind Power Group's EV-to-EBITDA provided by GuruFocus.com. Please click on the following links to see related term pages.


China Ming Yang Wind Power Group (China Ming Yang Wind Power Group) Business Description

Traded in Other Exchanges
N/A
Address
China Ming Yang Wind Power Group Ltd founded in 2006. The Company is a wind turbine manufacturer in China, focusing on designing, manufacturing, selling and servicing megawatt-class wind turbines and the provision of related maintenance services in the People's Republic of China (the "PRC") and the Republic of India ("India"). Its current products consist of (i) basic models of wind turbines with a rated power capacity of 1.5MW, (ii) wind turbines with a rated power capacity of 2.0MW, and (iii) 2.5/3.0MW SCD wind turbines. Each product type may be installed with one of three rotor blade models depending on the location and wind conditions. 1.5MW wind turbines are widely used model in China. As of December 31, 2013, the Company had entered into sales contracts with 45 end customers to deliver 4,804 units of its wind turbines, representing wind power output of approximately 7,588.5MW. Its customers include five Chinese state-owned power producers, namely Huaneng, China Datang, Huadian, China Guodian Corporation, or Guodian, and China Power Investment Corporation, or CPIC, or their alternative energy subsidiaries, such as China Longyuan Power Group Corporation Limited, or Longyuan, a subsidiary of Guodian, and Datang Corporation Renewable Power Co., Limited, or Datang Renewable, a subsidiary of China Datang. The Company also sells wind turbines to regional alternative energy investment companies, regional power producers and wind farm operators in the private sector. Its facilities are currently located in Zhongshan, Tianjin, Jilin, Rudong, Dali, Inner Mongolia and Gansu (including Hami area) in China. The Company has two operating segments, which are manufacture and sale of wind turbines in PRC and the manufacture and sale of wind turbines in India. The Company competes with both domestic and international wind turbine manufacturers. Its domestic competitors include Sinovel, Goldwind, Dongfang Electric and United Power. Its key international competitors in China include Vestas from Denmark, Gamesa Corporación Tecnológica S.A. from Spain and GE Energy, the alternative energy arm of GE from the United States.In addition, the wind power industry also faces competition from conventional and non-wind power alternative energy technologies.

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