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Ashiana Ispat (BOM:513401) EV-to-EBIT : 13.28 (As of May. 20, 2024)


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What is Ashiana Ispat EV-to-EBIT?

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Ashiana Ispat's Enterprise Value is ₹1,251 Mil. Ashiana Ispat's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was ₹94 Mil. Therefore, Ashiana Ispat's EV-to-EBIT for today is 13.28.

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

BOM:513401' s EV-to-EBIT Range Over the Past 10 Years
Min: -14.2   Med: 3.79   Max: 14.13
Current: 13.28

During the past 13 years, the highest EV-to-EBIT of Ashiana Ispat was 14.13. The lowest was -14.20. And the median was 3.79.

BOM:513401's EV-to-EBIT is ranked worse than
57.26% of 496 companies
in the Steel industry
Industry Median: 11.405 vs BOM:513401: 13.28

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Ashiana Ispat's Enterprise Value for the quarter that ended in Dec. 2023 was ₹251 Mil. Ashiana Ispat's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was ₹94 Mil. Ashiana Ispat's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 37.57%.


Ashiana Ispat EV-to-EBIT Historical Data

The historical data trend for Ashiana Ispat'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.

Ashiana Ispat EV-to-EBIT Chart

Ashiana Ispat 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 8.57 -13.86 13.08 11.97 11.36

Ashiana Ispat 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 3.06 11.36 2.66 13.84 2.66

Competitive Comparison of Ashiana Ispat's EV-to-EBIT

For the Steel subindustry, Ashiana Ispat'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.


Ashiana Ispat's EV-to-EBIT Distribution in the Steel Industry

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

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



Ashiana Ispat EV-to-EBIT Calculation

Ashiana Ispat's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=1251.350/94.258
=13.28

Ashiana Ispat's current Enterprise Value is ₹1,251 Mil.
Ashiana Ispat'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 ₹94 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.


Ashiana Ispat  (BOM:513401) 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) %.

Ashiana Ispat'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 )
=94.258/250.8912
=37.57 %

Ashiana Ispat's Enterprise Value for the quarter that ended in Dec. 2023 was ₹251 Mil.
Ashiana Ispat'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 ₹94 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.


Ashiana Ispat EV-to-EBIT Related Terms

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Ashiana Ispat (BOM:513401) Business Description

Traded in Other Exchanges
N/A
Address
908 - 910, Pearl Best Height - II, Netaji Subhash Place, Pitampura, New Delhi, IND, 110034
Ashiana Ispat Ltd is a steel company. It is engaged in the manufacturing of value-added steel for domestic construction, engineering, automotive, and infrastructure sectors. It manufactures thermo-mechanically treated bars (TMT) and cold twisted deformed bars (CTD).

Ashiana Ispat (BOM:513401) Headlines

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