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Manaksia Steels (BOM:539044) EV-to-EBIT : 12.75 (As of Sep. 24, 2024)


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What is Manaksia Steels EV-to-EBIT?

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Manaksia Steels's Enterprise Value is ₹4,561 Mil. Manaksia Steels's EBIT for the trailing twelve months (TTM) ended in Jun. 2024 was ₹358 Mil. Therefore, Manaksia Steels's EV-to-EBIT for today is 12.75.

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

BOM:539044' s EV-to-EBIT Range Over the Past 10 Years
Min: 0.96   Med: 7.04   Max: 16.07
Current: 12.74

During the past 11 years, the highest EV-to-EBIT of Manaksia Steels was 16.07. The lowest was 0.96. And the median was 7.04.

BOM:539044's EV-to-EBIT is ranked worse than
53.95% of 506 companies
in the Steel industry
Industry Median: 11.755 vs BOM:539044: 12.74

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Manaksia Steels's Enterprise Value for the quarter that ended in Jun. 2024 was ₹3,676 Mil. Manaksia Steels's EBIT for the trailing twelve months (TTM) ended in Jun. 2024 was ₹358 Mil. Manaksia Steels's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was 9.73%.


Manaksia Steels EV-to-EBIT Historical Data

The historical data trend for Manaksia 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.

Manaksia Steels EV-to-EBIT Chart

Manaksia 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 5.00 5.61 5.15 8.20 8.85

Manaksia Steels Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 9.00 4.12 6.84 8.85 10.27

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

For the Steel subindustry, Manaksia 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.


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

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

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



Manaksia Steels EV-to-EBIT Calculation

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

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=4561.430/357.868
=12.75

Manaksia Steels's current Enterprise Value is ₹4,561 Mil.
Manaksia Steels's EBIT for the trailing twelve months (TTM) ended in Jun. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹358 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.


Manaksia Steels  (BOM:539044) 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) %.

Manaksia Steels's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2024 is calculated as:

Earnings Yield (Joel Greenblatt) % (Q: Jun. 2024 ) =EBIT / Enterprise Value (Q: Jun. 2024 )
=357.868/3676.4574
=9.73 %

Manaksia Steels's Enterprise Value for the quarter that ended in Jun. 2024 was ₹3,676 Mil.
Manaksia Steels's EBIT for the trailing twelve months (TTM) ended in Jun. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹358 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.


Manaksia Steels EV-to-EBIT Related Terms

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


Manaksia Steels Business Description

Traded in Other Exchanges
Address
6 Lyons Range, 1st Floor, Turner Morrison Building, Kolkata, WB, IND, 700001
Manaksia Steels Ltd is a manufacturer of value-added secondary steel products and is poised to cater to the increasing demands overseas and in India for the housing and infrastructure sectors. The company manufactures and sells steel products comprising Cold Rolled Steel Sheets and Coils, Galvanized Steel Sheets and Coil, Color Coated Steel sheets and coils, and others. Geographically, it derives a majority of revenue from India.

Manaksia Steels Headlines

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