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TietoEVRY (CHIX:TIETOH) EV-to-EBIT : 11.39 (As of Jun. 24, 2024)


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What is TietoEVRY EV-to-EBIT?

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, TietoEVRY's Enterprise Value is €3,062 Mil. TietoEVRY's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 was €269 Mil. Therefore, TietoEVRY's EV-to-EBIT for today is 11.39.

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

CHIX:TIETOh' s EV-to-EBIT Range Over the Past 10 Years
Min: 8.62   Med: 14.61   Max: 45.58
Current: 11.39

During the past 13 years, the highest EV-to-EBIT of TietoEVRY was 45.58. The lowest was 8.62. And the median was 14.61.

CHIX:TIETOh's EV-to-EBIT is ranked better than
67.27% of 1668 companies
in the Software industry
Industry Median: 17.46 vs CHIX:TIETOh: 11.39

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. TietoEVRY's Enterprise Value for the quarter that ended in Mar. 2024 was €3,244 Mil. TietoEVRY's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 was €269 Mil. TietoEVRY's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 8.29%.


TietoEVRY EV-to-EBIT Historical Data

The historical data trend for TietoEVRY'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.

TietoEVRY EV-to-EBIT Chart

TietoEVRY Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EV-to-EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 39.14 27.91 10.23 14.41 12.52

TietoEVRY 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 13.79 12.55 11.65 12.52 12.03

Competitive Comparison of TietoEVRY's EV-to-EBIT

For the Information Technology Services subindustry, TietoEVRY'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.


TietoEVRY's EV-to-EBIT Distribution in the Software Industry

For the Software industry and Technology sector, TietoEVRY's EV-to-EBIT distribution charts can be found below:

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



TietoEVRY EV-to-EBIT Calculation

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

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=3062.303/268.8
=11.39

TietoEVRY's current Enterprise Value is €3,062 Mil.
TietoEVRY'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 €269 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.


TietoEVRY  (CHIX:TIETOh) 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) %.

TietoEVRY'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 )
=268.8/3243.694655
=8.29 %

TietoEVRY's Enterprise Value for the quarter that ended in Mar. 2024 was €3,244 Mil.
TietoEVRY'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 €269 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.


TietoEVRY EV-to-EBIT Related Terms

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TietoEVRY (CHIX:TIETOH) Business Description

Address
Keilalahdentie 2-4, P.O. Box 2, Espoo, FIN, FI-02101
TietoEVRY Corp is a Finland-based company engaged in providing information technology services software to both public and private sectors. The company's operation is organized into six segments: Digital Experience, Hybrid Infra, Industry Software, Product Development Services, EVRY, and Other Operations. Among all segments, Industry Software derives the highest profit and margin. The company operates mainly in Europe, including Sweden, Norway, and Finland, but it also has business in China and India.

TietoEVRY (CHIX:TIETOH) Headlines

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