GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Heatking Induction Technology (Shiyan) Co Ltd (BJSE:838670) » Definitions » EV-to-EBIT

Heatking Induction Technology (Shiyan) Co (BJSE:838670) EV-to-EBIT : 21.97 (As of Jun. 23, 2024)


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

What is Heatking Induction Technology (Shiyan) Co EV-to-EBIT?

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Heatking Induction Technology (Shiyan) Co's Enterprise Value is ¥656.95 Mil. Heatking Induction Technology (Shiyan) Co's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 was ¥29.90 Mil. Therefore, Heatking Induction Technology (Shiyan) Co's EV-to-EBIT for today is 21.97.

The historical rank and industry rank for Heatking Induction Technology (Shiyan) Co's EV-to-EBIT or its related term are showing as below:

BJSE:838670' s EV-to-EBIT Range Over the Past 10 Years
Min: 1.43   Med: 26.95   Max: 142.22
Current: 21.97

During the past 10 years, the highest EV-to-EBIT of Heatking Induction Technology (Shiyan) Co was 142.22. The lowest was 1.43. And the median was 26.95.

BJSE:838670's EV-to-EBIT is ranked worse than
61.65% of 2373 companies
in the Industrial Products industry
Industry Median: 16.66 vs BJSE:838670: 21.97

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Heatking Induction Technology (Shiyan) Co's Enterprise Value for the quarter that ended in Mar. 2024 was ¥916.91 Mil. Heatking Induction Technology (Shiyan) Co's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 was ¥29.90 Mil. Heatking Induction Technology (Shiyan) Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 3.26%.


Heatking Induction Technology (Shiyan) Co EV-to-EBIT Historical Data

The historical data trend for Heatking Induction Technology (Shiyan) 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.

Heatking Induction Technology (Shiyan) Co EV-to-EBIT Chart

Heatking Induction Technology (Shiyan) 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 6.86 12.91 93.60 11.01 54.54

Heatking Induction Technology (Shiyan) Co Quarterly Data
Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Sep20 Dec20 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 13.23 16.05 16.01 54.54 30.66

Competitive Comparison of Heatking Induction Technology (Shiyan) Co's EV-to-EBIT

For the Specialty Industrial Machinery subindustry, Heatking Induction Technology (Shiyan) 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.


Heatking Induction Technology (Shiyan) Co's EV-to-EBIT Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Heatking Induction Technology (Shiyan) Co's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Heatking Induction Technology (Shiyan) Co's EV-to-EBIT falls into.



Heatking Induction Technology (Shiyan) Co EV-to-EBIT Calculation

Heatking Induction Technology (Shiyan) Co's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=656.948/29.904
=21.97

Heatking Induction Technology (Shiyan) Co's current Enterprise Value is ¥656.95 Mil.
Heatking Induction Technology (Shiyan) 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 ¥29.90 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.


Heatking Induction Technology (Shiyan) Co  (BJSE:838670) 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) %.

Heatking Induction Technology (Shiyan) 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 )
=29.904/916.909
=3.26 %

Heatking Induction Technology (Shiyan) Co's Enterprise Value for the quarter that ended in Mar. 2024 was ¥916.91 Mil.
Heatking Induction Technology (Shiyan) 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 ¥29.90 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.


Heatking Induction Technology (Shiyan) Co EV-to-EBIT Related Terms

Thank you for viewing the detailed overview of Heatking Induction Technology (Shiyan) Co's EV-to-EBIT provided by GuruFocus.com. Please click on the following links to see related term pages.


Heatking Induction Technology (Shiyan) Co (BJSE:838670) Business Description

Traded in Other Exchanges
N/A
Address
No. 6, Pulin 1st Road, Pulin Industrial Park, Hubei Province, Shiyan City, CHN, 442000
Heatking Induction Technology (Shiyan) Co Ltd engages in research and development, production, sales, and technical services of medium and high-end CNC induction heat treatment complete sets of equipment and key functional components. Its products comprise induction heating, machine workpiece, automotive workpiece, wind power workpiece, Heating Industry, Military Workpiece, Standard Equipment, Heat Treatment, Cooling System, Monitoring System, Power Switch, Heating Transformer, and Heating Coils & Inductors.

Heatking Induction Technology (Shiyan) Co (BJSE:838670) Headlines

No Headlines