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MNNLF (Menicon Co) EV-to-EBIT : 17.51 (As of Dec. 15, 2024)


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What is Menicon Co EV-to-EBIT?

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Menicon Co's Enterprise Value is $975.8 Mil. Menicon Co's EBIT for the trailing twelve months (TTM) ended in Sep. 2024 was $55.7 Mil. Therefore, Menicon Co's EV-to-EBIT for today is 17.51.

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

MNNLF' s EV-to-EBIT Range Over the Past 10 Years
Min: 12.52   Med: 21.43   Max: 43.89
Current: 17.67

During the past 11 years, the highest EV-to-EBIT of Menicon Co was 43.89. The lowest was 12.52. And the median was 21.43.

MNNLF's EV-to-EBIT is ranked better than
57.4% of 446 companies
in the Medical Devices & Instruments industry
Industry Median: 20.71 vs MNNLF: 17.67

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Menicon Co's Enterprise Value for the quarter that ended in Sep. 2024 was $1,792.9 Mil. Menicon Co's EBIT for the trailing twelve months (TTM) ended in Sep. 2024 was $55.7 Mil. Menicon Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was 3.11%.


Menicon Co EV-to-EBIT Historical Data

The historical data trend for Menicon Co'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.

Menicon Co EV-to-EBIT Chart

Menicon Co 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 27.61 29.21 22.67 18.99 18.76

Menicon Co Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 16.21 22.53 18.76 12.61 17.33

Competitive Comparison of Menicon Co's EV-to-EBIT

For the Medical Instruments & Supplies subindustry, Menicon Co'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.


Menicon Co's EV-to-EBIT Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Menicon Co's EV-to-EBIT distribution charts can be found below:

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



Menicon Co EV-to-EBIT Calculation

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

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=975.837/55.729
=17.51

Menicon Co's current Enterprise Value is $975.8 Mil.
Menicon Co's EBIT for the trailing twelve months (TTM) ended in Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $55.7 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.


Menicon Co  (OTCPK:MNNLF) 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) %.

Menicon Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2024 is calculated as:

Earnings Yield (Joel Greenblatt) % (Q: Sep. 2024 ) =EBIT / Enterprise Value (Q: Sep. 2024 )
=55.729/1792.896462
=3.11 %

Menicon Co's Enterprise Value for the quarter that ended in Sep. 2024 was $1,792.9 Mil.
Menicon Co's EBIT for the trailing twelve months (TTM) ended in Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $55.7 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.


Menicon Co EV-to-EBIT Related Terms

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


Menicon Co Business Description

Traded in Other Exchanges
Address
3-21-19, Aoi, Naka-ku, Aichi, Nagoya, JPN, 460-0006
Menicon Co Ltd is a contact lens manufacturing company. It is involved in manufacturing, sales, export, and import of contact lenses and other medical goods, manufacturing and sales of medical instruments, sales of medical supplies and research and development of intraocular lenses. The firm's products include soft lenses, gas permeable lenses and lens care products.

Menicon Co Headlines

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