GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Qingdao Taide Automobile Bearing Co Ltd (BJSE:831278) » Definitions » EV-to-EBIT

Qingdao Taide Automobile Bearing Co (BJSE:831278) EV-to-EBIT : 42.58 (As of Jun. 24, 2024)


View and export this data going back to 2022. Start your Free Trial

What is Qingdao Taide Automobile Bearing Co EV-to-EBIT?

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Qingdao Taide Automobile Bearing Co's Enterprise Value is ¥576.2 Mil. Qingdao Taide Automobile Bearing Co's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 was ¥13.5 Mil. Therefore, Qingdao Taide Automobile Bearing Co's EV-to-EBIT for today is 42.58.

The historical rank and industry rank for Qingdao Taide Automobile Bearing Co's EV-to-EBIT or its related term are showing as below:

BJSE:831278' s EV-to-EBIT Range Over the Past 10 Years
Min: 5.62   Med: 20.39   Max: 159.03
Current: 42.58

During the past 12 years, the highest EV-to-EBIT of Qingdao Taide Automobile Bearing Co was 159.03. The lowest was 5.62. And the median was 20.39.

BJSE:831278's EV-to-EBIT is ranked worse than
88.94% of 1067 companies
in the Vehicles & Parts industry
Industry Median: 11.97 vs BJSE:831278: 42.58

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Qingdao Taide Automobile Bearing Co's Enterprise Value for the quarter that ended in Mar. 2024 was ¥638.4 Mil. Qingdao Taide Automobile Bearing Co's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 was ¥13.5 Mil. Qingdao Taide Automobile Bearing Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 2.12%.


Qingdao Taide Automobile Bearing Co EV-to-EBIT Historical Data

The historical data trend for Qingdao Taide Automobile Bearing 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.

Qingdao Taide Automobile Bearing Co EV-to-EBIT Chart

Qingdao Taide Automobile Bearing 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 7.23 6.42 29.29 16.61 100.74

Qingdao Taide Automobile Bearing Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 21.73 38.77 31.03 100.74 47.18

Competitive Comparison of Qingdao Taide Automobile Bearing Co's EV-to-EBIT

For the Auto Parts subindustry, Qingdao Taide Automobile Bearing 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.


Qingdao Taide Automobile Bearing Co's EV-to-EBIT Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Qingdao Taide Automobile Bearing Co's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Qingdao Taide Automobile Bearing Co's EV-to-EBIT falls into.



Qingdao Taide Automobile Bearing Co EV-to-EBIT Calculation

Qingdao Taide Automobile Bearing Co's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=576.174/13.531
=42.58

Qingdao Taide Automobile Bearing Co's current Enterprise Value is ¥576.2 Mil.
Qingdao Taide Automobile Bearing Co's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ¥13.5 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.


Qingdao Taide Automobile Bearing Co  (BJSE:831278) 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) %.

Qingdao Taide Automobile Bearing Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 is calculated as:

Earnings Yield (Joel Greenblatt) % (Q: Mar. 2024 ) =EBIT / Enterprise Value (Q: Mar. 2024 )
=13.531/638.38378
=2.12 %

Qingdao Taide Automobile Bearing Co's Enterprise Value for the quarter that ended in Mar. 2024 was ¥638.4 Mil.
Qingdao Taide Automobile Bearing Co's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ¥13.5 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.


Qingdao Taide Automobile Bearing Co EV-to-EBIT Related Terms

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


Qingdao Taide Automobile Bearing Co (BJSE:831278) Business Description

Traded in Other Exchanges
N/A
Address
No. 10 Xinghua Road, Licang District, Shandong Province, Qingdao City, CHN, 266041
Qingdao Taide Automobile Bearing Co Ltd engages in the manufacturing and sales of high-precision special bearings for automobiles. It mainly produces high-quality automotive engine gear with specially used bearings: Automobile Air-condition compressor electromagnetic clutch bearing, tension bearing and unit for automotive engine, idler bearing, and unit, automotive engine intelligence fan clutch bearing, automotive silicone oil fan clutch bearing, automotive water pump bearing, precision bearing used in automotive engine auxiliary device, mower bearing.

Qingdao Taide Automobile Bearing Co (BJSE:831278) Headlines

No Headlines