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Welcast Steels (BOM:504988) EV-to-EBIT : 10.51 (As of May. 25, 2024)


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What is Welcast Steels EV-to-EBIT?

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Welcast Steels's Enterprise Value is ₹664.9 Mil. Welcast Steels's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 was ₹63.3 Mil. Therefore, Welcast Steels's EV-to-EBIT for today is 10.51.

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

BOM:504988' s EV-to-EBIT Range Over the Past 10 Years
Min: -811.1   Med: 8.27   Max: 2759.35
Current: 10.51

During the past 13 years, the highest EV-to-EBIT of Welcast Steels was 2759.35. The lowest was -811.10. And the median was 8.27.

BOM:504988's EV-to-EBIT is ranked better than
54.71% of 499 companies
in the Steel industry
Industry Median: 11.51 vs BOM:504988: 10.51

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Welcast Steels's Enterprise Value for the quarter that ended in Mar. 2024 was ₹757.7 Mil. Welcast Steels's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 was ₹63.3 Mil. Welcast Steels's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 8.35%.


Welcast Steels EV-to-EBIT Historical Data

The historical data trend for Welcast Steels'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.

Welcast Steels EV-to-EBIT Chart

Welcast Steels Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
EV-to-EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 77.35 -21.55 -67.41 4.83 10.65

Welcast Steels Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 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 9.45 4.83 33.13 29.70 10.65

Competitive Comparison of Welcast Steels's EV-to-EBIT

For the Steel subindustry, Welcast Steels'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.


Welcast Steels's EV-to-EBIT Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Welcast Steels's EV-to-EBIT distribution charts can be found below:

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



Welcast Steels EV-to-EBIT Calculation

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

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=664.853/63.265
=10.51

Welcast Steels's current Enterprise Value is ₹664.9 Mil.
Welcast Steels'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 ₹63.3 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.


Welcast Steels  (BOM:504988) 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) %.

Welcast Steels'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 )
=63.265/757.70174
=8.35 %

Welcast Steels's Enterprise Value for the quarter that ended in Mar. 2024 was ₹757.7 Mil.
Welcast Steels'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 ₹63.3 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.


Welcast Steels EV-to-EBIT Related Terms

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


Welcast Steels (BOM:504988) Business Description

Traded in Other Exchanges
N/A
Address
Plot No. 15, Phase I, Peenya Industrial Area, Banglore, KA, IND, 560 058
Welcast Steels Ltd is engaged in the manufacturing and marketing of chrome grinding media balls. The company products are used in Cement and Mining Industry. It exports its products to other countries like USA, U.A.E., Japan, Australia, Thailand, Sri Lanka, UK, Bangladesh, Indonesia, Oman, Qatar, Philippines, Slovakia, Hong Kong, Canada, Bulgaria, and Vietnam. The company primarily operates in only one segment namely the manufacturing of High Chrome Grinding Media Balls.

Welcast Steels (BOM:504988) Headlines

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