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Close The Loop (ASX:CLG) EV-to-EBIT : 9.98 (As of Jun. 23, 2024)


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What is Close The Loop EV-to-EBIT?

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Close The Loop's Enterprise Value is A$228.7 Mil. Close The Loop's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was A$22.9 Mil. Therefore, Close The Loop's EV-to-EBIT for today is 9.98.

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

ASX:CLG' s EV-to-EBIT Range Over the Past 10 Years
Min: 0   Med: 0   Max: 111.03
Current: 9.98

During the past 2 years, the highest EV-to-EBIT of Close The Loop was 111.03. The lowest was 0.00. And the median was 0.00.

ASX:CLG's EV-to-EBIT is ranked better than
73.74% of 179 companies
in the Waste Management industry
Industry Median: 15.02 vs ASX:CLG: 9.98

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Close The Loop's Enterprise Value for the quarter that ended in Dec. 2023 was A$252.1 Mil. Close The Loop's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was A$22.9 Mil. Close The Loop's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 9.09%.


Close The Loop EV-to-EBIT Historical Data

The historical data trend for Close The Loop'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.

Close The Loop EV-to-EBIT Chart

Close The Loop Annual Data
Trend Jun22 Jun23
EV-to-EBIT
44.94 18.16

Close The Loop Semi-Annual Data
Dec21 Jun22 Dec22 Jun23 Dec23
EV-to-EBIT - - - - -

Competitive Comparison of Close The Loop's EV-to-EBIT

For the Waste Management subindustry, Close The Loop'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.


Close The Loop's EV-to-EBIT Distribution in the Waste Management Industry

For the Waste Management industry and Industrials sector, Close The Loop's EV-to-EBIT distribution charts can be found below:

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



Close The Loop EV-to-EBIT Calculation

Close The Loop's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=228.739/22.911
=9.98

Close The Loop's current Enterprise Value is A$228.7 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Close The Loop's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was A$22.9 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.


Close The Loop  (ASX:CLG) 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) %.

Close The Loop'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 )
=22.911/252.08224
=9.09 %

Close The Loop's Enterprise Value for the quarter that ended in Dec. 2023 was A$252.1 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Close The Loop's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was A$22.9 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.


Close The Loop EV-to-EBIT Related Terms

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Close The Loop (ASX:CLG) Business Description

Traded in Other Exchanges
N/A
Address
43-47 Cleeland Road, Oakleigh South, Melbourne, VIC, AUS, 3167
Close The Loop Ltd provides reuse, recycling, and sustainability solutions. The company has developed a battery collection and recycling solution in Australia. The group has two operating segments based on differences in products and services provided: resource recovery and packaging.

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