GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Garware Technical Fibres Ltd (BOM:509557) » Definitions » EV-to-EBIT

Garware Technical Fibres (BOM:509557) EV-to-EBIT : 23.51 (As of May. 14, 2024)


View and export this data going back to 1991. Start your Free Trial

What is Garware Technical Fibres EV-to-EBIT?

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Garware Technical Fibres's Enterprise Value is ₹63,428 Mil. Garware Technical Fibres's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was ₹2,697 Mil. Therefore, Garware Technical Fibres's EV-to-EBIT for today is 23.51.

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

BOM:509557' s EV-to-EBIT Range Over the Past 10 Years
Min: 3.51   Med: 22.32   Max: 39.65
Current: 23.52

During the past 13 years, the highest EV-to-EBIT of Garware Technical Fibres was 39.65. The lowest was 3.51. And the median was 22.32.

BOM:509557's EV-to-EBIT is ranked worse than
71.38% of 814 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 14.75 vs BOM:509557: 23.52

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Garware Technical Fibres's Enterprise Value for the quarter that ended in Dec. 2023 was ₹68,503 Mil. Garware Technical Fibres's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was ₹2,697 Mil. Garware Technical Fibres's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 3.94%.


Garware Technical Fibres EV-to-EBIT Historical Data

The historical data trend for Garware Technical Fibres'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.

Garware Technical Fibres EV-to-EBIT Chart

Garware Technical Fibres Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
EV-to-EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 13.11 12.57 23.66 25.42 26.03

Garware Technical Fibres Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 28.43 26.03 25.02 24.90 25.40

Competitive Comparison of Garware Technical Fibres's EV-to-EBIT

For the Textile Manufacturing subindustry, Garware Technical Fibres'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.


Garware Technical Fibres's EV-to-EBIT Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Garware Technical Fibres's EV-to-EBIT distribution charts can be found below:

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



Garware Technical Fibres EV-to-EBIT Calculation

Garware Technical Fibres's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=63427.733/2697.347
=23.51

Garware Technical Fibres's current Enterprise Value is ₹63,428 Mil.
Garware Technical Fibres's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹2,697 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.


Garware Technical Fibres  (BOM:509557) 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) %.

Garware Technical Fibres's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 is calculated as:

Earnings Yield (Joel Greenblatt) % (Q: Dec. 2023 ) =EBIT / Enterprise Value (Q: Dec. 2023 )
=2697.347/68503.35712
=3.94 %

Garware Technical Fibres's Enterprise Value for the quarter that ended in Dec. 2023 was ₹68,503 Mil.
Garware Technical Fibres's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹2,697 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.


Garware Technical Fibres EV-to-EBIT Related Terms

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


Garware Technical Fibres (BOM:509557) Business Description

Traded in Other Exchanges
Address
Plot No. 11, Block D - 1, MIDC, Chinchwad, Pune, MH, IND, 411019
Garware Technical Fibres Ltd is involved in the textile business. The firm provides application-focused solutions for various sectors including deep-sea fishing, aquaculture, shipping, agriculture, sports, infrastructure, and transportation. Its operating segment includes Synthetic Cordage and Fibre and Industrial Products and Projects. The company generates maximum revenue from the Synthetic Cordage segment. Its products include ropes, twine, yarn, fishnet, and other nets.

Garware Technical Fibres (BOM:509557) Headlines

No Headlines