Ratnamani Metals & Tubes (BOM:520111) EV-to-EBIT : 24.47 (As of May. 14, 2024)

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What is Ratnamani Metals & Tubes EV-to-EBIT?

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Ratnamani Metals & Tubes's Enterprise Value is ₹216,591 Mil. Ratnamani Metals & Tubes's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was ₹8,853 Mil. Therefore, Ratnamani Metals & Tubes's EV-to-EBIT for today is 24.47.

The historical rank and industry rank for Ratnamani Metals & Tubes's EV-to-EBIT or its related term are showing as below:

BOM:520111' s EV-to-EBIT Range Over the Past 10 Years
Min: 2.52 Med: 15.17 Max: 46.08
Current: 24.46

During the past 13 years, the highest EV-to-EBIT of Ratnamani Metals & Tubes was 46.08. The lowest was 2.52. And the median was 15.17.

BOM:520111's EV-to-EBIT is ranked worse than
82.22% of 495 companies
in the Steel industry
Industry Median: 11.06 vs BOM:520111: 24.46

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Ratnamani Metals & Tubes's Enterprise Value for the quarter that ended in Dec. 2023 was ₹235,684 Mil. Ratnamani Metals & Tubes's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was ₹8,853 Mil. Ratnamani Metals & Tubes's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 3.76%.

Ratnamani Metals & Tubes EV-to-EBIT Historical Data

The historical data trend for Ratnamani Metals & Tubes'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.

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Ratnamani Metals & Tubes EV-to-EBIT Chart

Ratnamani Metals & Tubes Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

EV-to-EBIT

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10.25

9.80

21.87

27.04

19.53

Ratnamani Metals & Tubes 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															23.00	19.53	20.29	20.60	26.62

Competitive Comparison of Ratnamani Metals & Tubes's EV-to-EBIT

For the Steel subindustry, Ratnamani Metals & Tubes'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.

Ratnamani Metals & Tubes's EV-to-EBIT Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Ratnamani Metals & Tubes's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Ratnamani Metals & Tubes's EV-to-EBIT falls into.

Ratnamani Metals & Tubes EV-to-EBIT Calculation

Ratnamani Metals & Tubes's EV-to-EBIT for today is calculated as:

EV-to-EBIT	=	Enterprise Value (Today)	/	EBIT (TTM)
	=	216590.779	/	8852.645
	=	24.47

Ratnamani Metals & Tubes's current Enterprise Value is ₹216,591 Mil.
Ratnamani Metals & Tubes'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 ₹8,853 Mil.

Ratnamani Metals & Tubes (BOM:520111) 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) %.

Ratnamani Metals & Tubes'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 )
	=	8852.645	/	235684.35
	=	3.76 %

Ratnamani Metals & Tubes's Enterprise Value for the quarter that ended in Dec. 2023 was ₹235,684 Mil.
Ratnamani Metals & Tubes'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 ₹8,853 Mil.

Ratnamani Metals & Tubes EV-to-EBIT Related Terms

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Ratnamani Metals & Tubes (BOM:520111) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Ratnamani Metals & Tubes Ltd (BOM:520111) » Definitions » EV-to-EBIT

Comparable Companies

Traded in Other Exchanges

RATNAMANI:India

Address

The First Avenue Road, Off 132 Ft Ring Road, The First, A & B Wing, 9th Floor, Behind Keshav Baug Party Plot, Vastrapur, Ahmedabad, GJ, IND, 380015

Website

https://www.ratnamani.com

Ratnamani Metals & Tubes Ltd is a manufacturer of stainless steel pipes, tubes, and carbon steel pipes. The company's product mix consists of stainless steel tubes and pipes, carbon steel pipes, and external and internal coating solutions. It operates in the Steel Tubes and Pipes segment. The company's end market by revenue is India. The firm's manufacturing facilities are located in Kutch, Indrad, and Chhatral in the state of Gujarat.

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