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Midway (ASX:MWY) EV-to-EBIT : 22.33 (As of Dec. 11, 2024)


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What is Midway EV-to-EBIT?

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Midway's Enterprise Value is A$115.5 Mil. Midway's EBIT for the trailing twelve months (TTM) ended in Jun. 2024 was A$5.2 Mil. Therefore, Midway's EV-to-EBIT for today is 22.33.

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

ASX:MWY' s EV-to-EBIT Range Over the Past 10 Years
Min: -354.53   Med: 5.74   Max: 46.51
Current: 22.33

During the past 8 years, the highest EV-to-EBIT of Midway was 46.51. The lowest was -354.53. And the median was 5.74.

ASX:MWY's EV-to-EBIT is ranked worse than
67.62% of 210 companies
in the Forest Products industry
Industry Median: 13.02 vs ASX:MWY: 22.33

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Midway's Enterprise Value for the quarter that ended in Jun. 2024 was A$72.0 Mil. Midway's EBIT for the trailing twelve months (TTM) ended in Jun. 2024 was A$5.2 Mil. Midway's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was 7.19%.


Midway EV-to-EBIT Historical Data

The historical data trend for Midway'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.

Midway EV-to-EBIT Chart

Midway Annual Data
Trend Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
EV-to-EBIT
Get a 7-Day Free Trial -9.00 -252.61 -20.37 40.30 13.90

Midway Semi-Annual Data
Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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 -20.37 - 40.30 - 13.90

Competitive Comparison of Midway's EV-to-EBIT

For the Lumber & Wood Production subindustry, Midway'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.


Midway's EV-to-EBIT Distribution in the Forest Products Industry

For the Forest Products industry and Basic Materials sector, Midway's EV-to-EBIT distribution charts can be found below:

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



Midway EV-to-EBIT Calculation

Midway's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=115.541/5.175
=22.33

Midway's current Enterprise Value is A$115.5 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Midway's EBIT for the trailing twelve months (TTM) ended in Jun. 2024 was A$5.2 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.


Midway  (ASX:MWY) 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) %.

Midway's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2024 is calculated as:

Earnings Yield (Joel Greenblatt) % (Q: Jun. 2024 ) =EBIT / Enterprise Value (Q: Jun. 2024 )
=5.175/71.953064
=7.19 %

Midway's Enterprise Value for the quarter that ended in Jun. 2024 was A$72.0 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Midway's EBIT for the trailing twelve months (TTM) ended in Jun. 2024 was A$5.2 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.


Midway EV-to-EBIT Related Terms

Thank you for viewing the detailed overview of Midway's EV-to-EBIT provided by GuruFocus.com. Please click on the following links to see related term pages.


Midway Business Description

Traded in Other Exchanges
N/A
Address
10 The Esplanade, North Shore, VIC, AUS, 3214
Midway Ltd is engaged in the production and export of wood fiber to producers of pulp, paper, and associated products. The company derives income from producing hardwood and softwood woodchips. Its segments include Woodfibre; Plantation and Carbon Management; and Ancillary. It generates the majority of revenue from Woodfibre Processing.

Midway Headlines

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