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Aichi Steel (FRA:8T2) EV-to-EBIT : 7.52 (As of Jun. 22, 2024)


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What is Aichi Steel EV-to-EBIT?

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Aichi Steel's Enterprise Value is €563 Mil. Aichi Steel's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 was €75 Mil. Therefore, Aichi Steel's EV-to-EBIT for today is 7.52.

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

FRA:8T2' s EV-to-EBIT Range Over the Past 10 Years
Min: -37.48   Med: 11.14   Max: 300.74
Current: 8.1

During the past 13 years, the highest EV-to-EBIT of Aichi Steel was 300.74. The lowest was -37.48. And the median was 11.14.

FRA:8T2's EV-to-EBIT is ranked better than
65.73% of 499 companies
in the Steel industry
Industry Median: 11.42 vs FRA:8T2: 8.10

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Aichi Steel's Enterprise Value for the quarter that ended in Mar. 2024 was €676 Mil. Aichi Steel's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 was €75 Mil. Aichi Steel's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 11.07%.


Aichi Steel EV-to-EBIT Historical Data

The historical data trend for Aichi Steel'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.

Aichi Steel EV-to-EBIT Chart

Aichi Steel 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 6.85 17.73 29.09 21.39 9.91

Aichi Steel 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 21.39 11.96 13.60 7.88 9.91

Competitive Comparison of Aichi Steel's EV-to-EBIT

For the Steel subindustry, Aichi Steel'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.


Aichi Steel's EV-to-EBIT Distribution in the Steel Industry

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

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



Aichi Steel EV-to-EBIT Calculation

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

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=562.637/74.785
=7.52

Aichi Steel's current Enterprise Value is €563 Mil.
Aichi Steel'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 €75 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.


Aichi Steel  (FRA:8T2) 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) %.

Aichi Steel'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 )
=74.785/675.51204
=11.07 %

Aichi Steel's Enterprise Value for the quarter that ended in Mar. 2024 was €676 Mil.
Aichi Steel'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 €75 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.


Aichi Steel EV-to-EBIT Related Terms

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


Aichi Steel (FRA:8T2) Business Description

Traded in Other Exchanges
Address
1 Wanowari Araomachi, Aichi-ken, Tokai, JPN, 476-8666
Aichi Steel Corp is a Japan-based company that manufactures and sells steel, forged products and electro-magnetic products. The company operates through four segments. The steel segment manufactures and sells specialty steel, stainless steel, and titanium. The forged product segment produces a wide variety of forgings. The electromagnetic products segment manufactures electromagnetic components. The steel and forged products segments are the two biggest segments, representing the majority of Aichi Steel's sales. Aichi Steel is a member of Toyota Group. Toyota Motor and Toyota Tsusho are its major customers. The company generates most of its revenue from the Japanese domestic market.

Aichi Steel (FRA:8T2) Headlines

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