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Changzhou Tonghui Electronic Co (BJSE:833509) EV-to-EBIT : 22.62 (As of Jun. 24, 2024)


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What is Changzhou Tonghui Electronic Co EV-to-EBIT?

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Changzhou Tonghui Electronic Co's Enterprise Value is ¥973.1 Mil. Changzhou Tonghui Electronic Co's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 was ¥43.0 Mil. Therefore, Changzhou Tonghui Electronic Co's EV-to-EBIT for today is 22.62.

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

BJSE:833509' s EV-to-EBIT Range Over the Past 10 Years
Min: 9.65   Med: 29.08   Max: 74.43
Current: 22.62

During the past 11 years, the highest EV-to-EBIT of Changzhou Tonghui Electronic Co was 74.43. The lowest was 9.65. And the median was 29.08.

BJSE:833509's EV-to-EBIT is ranked worse than
62.54% of 1711 companies
in the Hardware industry
Industry Median: 16.48 vs BJSE:833509: 22.62

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Changzhou Tonghui Electronic Co's Enterprise Value for the quarter that ended in Mar. 2024 was ¥1,002.0 Mil. Changzhou Tonghui Electronic Co's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 was ¥43.0 Mil. Changzhou Tonghui Electronic Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 4.29%.


Changzhou Tonghui Electronic Co EV-to-EBIT Historical Data

The historical data trend for Changzhou Tonghui Electronic 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.

Changzhou Tonghui Electronic Co EV-to-EBIT Chart

Changzhou Tonghui Electronic 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 19.47 84.85 43.21 21.42 42.40

Changzhou Tonghui Electronic Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 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 27.57 28.11 22.82 42.40 23.29

Competitive Comparison of Changzhou Tonghui Electronic Co's EV-to-EBIT

For the Scientific & Technical Instruments subindustry, Changzhou Tonghui Electronic 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.


Changzhou Tonghui Electronic Co's EV-to-EBIT Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Changzhou Tonghui Electronic Co's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Changzhou Tonghui Electronic Co's EV-to-EBIT falls into.



Changzhou Tonghui Electronic Co EV-to-EBIT Calculation

Changzhou Tonghui Electronic Co's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=973.065/43.026
=22.62

Changzhou Tonghui Electronic Co's current Enterprise Value is ¥973.1 Mil.
Changzhou Tonghui Electronic 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 ¥43.0 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.


Changzhou Tonghui Electronic Co  (BJSE:833509) 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) %.

Changzhou Tonghui Electronic 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 )
=43.026/1001.98521
=4.29 %

Changzhou Tonghui Electronic Co's Enterprise Value for the quarter that ended in Mar. 2024 was ¥1,002.0 Mil.
Changzhou Tonghui Electronic 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 ¥43.0 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.


Changzhou Tonghui Electronic Co EV-to-EBIT Related Terms

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Changzhou Tonghui Electronic Co (BJSE:833509) Business Description

Traded in Other Exchanges
N/A
Address
No. 1, Xinzhu Road,, Xinbei District, Jiangsu Province, Changzhou City, CHN, 213022
Changzhou Tonghui Electronic Co Ltd operates as a manufacturer of electronic test and measurement instruments. Its product categories include Component Parameter Tester, Micro Signal Type Tester, Power Electronic Tester, Electrical Safety Tester and Cable Tester, and Accessories.

Changzhou Tonghui Electronic Co (BJSE:833509) Headlines

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