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China New Higher Education Group (FRA:8CN) EV-to-EBIT : 5.46 (As of Jun. 20, 2024)


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What is China New Higher Education Group EV-to-EBIT?

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, China New Higher Education Group's Enterprise Value is €730.9 Mil. China New Higher Education Group's EBIT for the trailing twelve months (TTM) ended in Feb. 2024 was €134.0 Mil. Therefore, China New Higher Education Group's EV-to-EBIT for today is 5.46.

The historical rank and industry rank for China New Higher Education Group's EV-to-EBIT or its related term are showing as below:

FRA:8CN' s EV-to-EBIT Range Over the Past 10 Years
Min: 4.66   Med: 12.97   Max: 48.71
Current: 5.4

During the past 10 years, the highest EV-to-EBIT of China New Higher Education Group was 48.71. The lowest was 4.66. And the median was 12.97.

FRA:8CN's EV-to-EBIT is ranked better than
77.89% of 199 companies
in the Education industry
Industry Median: 11.81 vs FRA:8CN: 5.40

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. China New Higher Education Group's Enterprise Value for the quarter that ended in Feb. 2024 was €747.8 Mil. China New Higher Education Group's EBIT for the trailing twelve months (TTM) ended in Feb. 2024 was €134.0 Mil. China New Higher Education Group's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Feb. 2024 was 17.92%.


China New Higher Education Group EV-to-EBIT Historical Data

The historical data trend for China New Higher Education Group'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.

China New Higher Education Group EV-to-EBIT Chart

China New Higher Education Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Aug20 Aug21 Aug22 Aug23
EV-to-EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 9.46 - 9.54 6.46 5.46

China New Higher Education Group Semi-Annual Data
Dec14 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23 Feb24
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 - 6.46 - 5.46 -

Competitive Comparison of China New Higher Education Group's EV-to-EBIT

For the Education & Training Services subindustry, China New Higher Education Group'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.


China New Higher Education Group's EV-to-EBIT Distribution in the Education Industry

For the Education industry and Consumer Defensive sector, China New Higher Education Group's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where China New Higher Education Group's EV-to-EBIT falls into.



China New Higher Education Group EV-to-EBIT Calculation

China New Higher Education Group's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=730.897/133.982
=5.46

China New Higher Education Group's current Enterprise Value is €730.9 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. China New Higher Education Group's EBIT for the trailing twelve months (TTM) ended in Feb. 2024 was €134.0 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.


China New Higher Education Group  (FRA:8CN) 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) %.

China New Higher Education Group's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Feb. 2024 is calculated as:

Earnings Yield (Joel Greenblatt) % (Q: Feb. 2024 ) =EBIT / Enterprise Value (Q: Feb. 2024 )
=133.982/747.797
=17.92 %

China New Higher Education Group's Enterprise Value for the quarter that ended in Feb. 2024 was €747.8 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. China New Higher Education Group's EBIT for the trailing twelve months (TTM) ended in Feb. 2024 was €134.0 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.


China New Higher Education Group EV-to-EBIT Related Terms

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


China New Higher Education Group (FRA:8CN) Business Description

Traded in Other Exchanges
Address
5A Shuguang Xili Street, 20th floor, Tower F, Phoenix Place, Chaoyang District, Beijing, CHN
China New Higher Education Group, or CNHE, is a leading higher education group in China. Its school network spans seven provinces. Total enrolled students reached about 140,000 for the academic year 2023/24 from 33,462 students as of December 2016. The rapid expansion is primarily attributable to school acquisitions. CNHE currently operates eight schools, up from only two schools in 2016.

China New Higher Education Group (FRA:8CN) Headlines

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