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Salem Erode Investments (BOM:540181) EV-to-EBIT : -36.00 (As of Jun. 25, 2024)


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What is Salem Erode Investments EV-to-EBIT?

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Salem Erode Investments's Enterprise Value is ₹654.50 Mil. Salem Erode Investments's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 was ₹-18.18 Mil. Therefore, Salem Erode Investments's EV-to-EBIT for today is -36.00.

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

BOM:540181' s EV-to-EBIT Range Over the Past 10 Years
Min: -1393.57   Med: 1.59   Max: 867.9
Current: -36

During the past 13 years, the highest EV-to-EBIT of Salem Erode Investments was 867.90. The lowest was -1393.57. And the median was 1.59.

BOM:540181's EV-to-EBIT is ranked worse than
100% of 304 companies
in the Credit Services industry
Industry Median: 22.26 vs BOM:540181: -36.00

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Salem Erode Investments's Enterprise Value for the quarter that ended in Mar. 2024 was ₹567.36 Mil. Salem Erode Investments's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 was ₹-18.18 Mil. Salem Erode Investments's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was -3.20%.


Salem Erode Investments EV-to-EBIT Historical Data

The historical data trend for Salem Erode Investments'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.

Salem Erode Investments EV-to-EBIT Chart

Salem Erode Investments 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 -40.06 1.49 92.94 -495.61 -31.20

Salem Erode Investments 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 -495.61 884.60 -310.28 -137.14 -31.20

Competitive Comparison of Salem Erode Investments's EV-to-EBIT

For the Credit Services subindustry, Salem Erode Investments'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.


Salem Erode Investments's EV-to-EBIT Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Salem Erode Investments's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Salem Erode Investments's EV-to-EBIT falls into.



Salem Erode Investments EV-to-EBIT Calculation

Salem Erode Investments's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=654.495/-18.18
=-36.00

Salem Erode Investments's current Enterprise Value is ₹654.50 Mil.
Salem Erode Investments'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 ₹-18.18 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.


Salem Erode Investments  (BOM:540181) 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) %.

Salem Erode Investments'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 )
=-18.18/567.3563
=-3.20 %

Salem Erode Investments's Enterprise Value for the quarter that ended in Mar. 2024 was ₹567.36 Mil.
Salem Erode Investments'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 ₹-18.18 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.


Salem Erode Investments EV-to-EBIT Related Terms

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Salem Erode Investments (BOM:540181) Business Description

Traded in Other Exchanges
N/A
Address
Irinjalakuda Main Road, V. K. K. Building, Thrissur, KL, IND, 680121
Salem Erode Investments Ltd is engaged in the lending and investment business in India. It is a finance company that helps to secure the future financially and helps in the financial crisis. The company invests in listed and unlisted equity shares, debt instruments of companies in a wide range of industries, and mutual funds. It also lends money with or without security. The company generates revenue from interest income and dividends.

Salem Erode Investments (BOM:540181) Headlines

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