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Ashirwad Steels & Industries (BOM:526847) EV-to-EBIT : 17.66 (As of Jun. 23, 2024)


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What is Ashirwad Steels & Industries EV-to-EBIT?

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Ashirwad Steels & Industries's Enterprise Value is ₹573.80 Mil. Ashirwad Steels & Industries's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 was ₹32.49 Mil. Therefore, Ashirwad Steels & Industries's EV-to-EBIT for today is 17.66.

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

BOM:526847' s EV-to-EBIT Range Over the Past 10 Years
Min: -179.44   Med: 1.14   Max: 2959.06
Current: 17.66

During the past 13 years, the highest EV-to-EBIT of Ashirwad Steels & Industries was 2959.06. The lowest was -179.44. And the median was 1.14.

BOM:526847's EV-to-EBIT is ranked worse than
71.14% of 499 companies
in the Steel industry
Industry Median: 11.42 vs BOM:526847: 17.66

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Ashirwad Steels & Industries's Enterprise Value for the quarter that ended in Mar. 2024 was ₹458.41 Mil. Ashirwad Steels & Industries's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 was ₹32.49 Mil. Ashirwad Steels & Industries's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 7.09%.


Ashirwad Steels & Industries EV-to-EBIT Historical Data

The historical data trend for Ashirwad Steels & Industries'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.

Ashirwad Steels & Industries EV-to-EBIT Chart

Ashirwad Steels & Industries 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 -3.77 -41.95 3.34 1.22 14.11

Ashirwad Steels & Industries Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 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 1.22 2.09 15.03 23.40 14.11

Competitive Comparison of Ashirwad Steels & Industries's EV-to-EBIT

For the Steel subindustry, Ashirwad Steels & Industries'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.


Ashirwad Steels & Industries's EV-to-EBIT Distribution in the Steel Industry

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

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



Ashirwad Steels & Industries EV-to-EBIT Calculation

Ashirwad Steels & Industries's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=573.802/32.485
=17.66

Ashirwad Steels & Industries's current Enterprise Value is ₹573.80 Mil.
Ashirwad Steels & Industries'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 ₹32.49 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.


Ashirwad Steels & Industries  (BOM:526847) 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) %.

Ashirwad Steels & Industries'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 )
=32.485/458.41
=7.09 %

Ashirwad Steels & Industries's Enterprise Value for the quarter that ended in Mar. 2024 was ₹458.41 Mil.
Ashirwad Steels & Industries'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 ₹32.49 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.


Ashirwad Steels & Industries EV-to-EBIT Related Terms

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Ashirwad Steels & Industries (BOM:526847) Business Description

Traded in Other Exchanges
N/A
Address
6, Waterloo Street, 5th Floor, Suite No. 506, Kolkata, WB, IND, 700069
Ashirwad Steels & Industries Ltd is an Indian based company that operates in the sponge iron business. It is involved in the manufacturing of sponge iron using iron-ore and coal as the raw materials. The sponge iron is used as input by the steel melting shops to produce ingots and billets which are thereafter re-rolled by the rolling mills to produce end steel products like Rods, Bars, Plain Rounds, Angles, Flats, Channels, Girders and others. Geographically, the business activity is carried out through the region of India and derives revenue through the sale of products.

Ashirwad Steels & Industries (BOM:526847) Headlines

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