GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » ASL Industries Ltd (NSE:ASLIND) » Definitions » EV-to-EBIT

ASL Industries (NSE:ASLIND) EV-to-EBIT : 26.54 (As of Jun. 14, 2024)


View and export this data going back to 2017. Start your Free Trial

What is ASL Industries EV-to-EBIT?

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, ASL Industries's Enterprise Value is ₹578.26 Mil. ASL Industries's EBIT for the trailing twelve months (TTM) ended in Mar. 2023 was ₹21.79 Mil. Therefore, ASL Industries's EV-to-EBIT for today is 26.54.

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

NSE:ASLIND' s EV-to-EBIT Range Over the Past 10 Years
Min: -295.48   Med: 12.64   Max: 47.22
Current: 26.54

During the past 12 years, the highest EV-to-EBIT of ASL Industries was 47.22. The lowest was -295.48. And the median was 12.64.

NSE:ASLIND's EV-to-EBIT is ranked worse than
70.51% of 2367 companies
in the Industrial Products industry
Industry Median: 16.6 vs NSE:ASLIND: 26.54

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. ASL Industries's Enterprise Value for the quarter that ended in Mar. 2023 was ₹268.35 Mil. ASL Industries's EBIT for the trailing twelve months (TTM) ended in Mar. 2023 was ₹21.79 Mil. ASL Industries's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2023 was 8.12%.


ASL Industries EV-to-EBIT Historical Data

The historical data trend for ASL Industries'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.

ASL Industries EV-to-EBIT Chart

ASL Industries Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
EV-to-EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only -22.88 1.98 16.37 20.29 12.32

ASL Industries Semi-Annual Data
Mar12 Mar13 Mar14 Mar15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23
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 16.37 - 20.29 - 12.32

Competitive Comparison of ASL Industries's EV-to-EBIT

For the Metal Fabrication subindustry, ASL Industries'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.


ASL Industries's EV-to-EBIT Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, ASL Industries's EV-to-EBIT distribution charts can be found below:

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



ASL Industries EV-to-EBIT Calculation

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

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=578.261/21.789
=26.54

ASL Industries's current Enterprise Value is ₹578.26 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. ASL Industries's EBIT for the trailing twelve months (TTM) ended in Mar. 2023 was ₹21.79 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.


ASL Industries  (NSE:ASLIND) 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) %.

ASL Industries's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2023 is calculated as:

Earnings Yield (Joel Greenblatt) % (Q: Mar. 2023 ) =EBIT / Enterprise Value (Q: Mar. 2023 )
=21.789/268.3526
=8.12 %

ASL Industries's Enterprise Value for the quarter that ended in Mar. 2023 was ₹268.35 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. ASL Industries's EBIT for the trailing twelve months (TTM) ended in Mar. 2023 was ₹21.79 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.


ASL Industries EV-to-EBIT Related Terms

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


ASL Industries (NSE:ASLIND) Business Description

Traded in Other Exchanges
N/A
Address
Main Road, Bistupur, 1 Basement, Aditya Tower, Jamshedpur, JH, IND, 831001
ASL Industries Ltd is engaged in the business of manufacturing of forged products and press shop for sheet metal products. Its products include Gusset, Top Rail Rear, Panel Face Side Bottom, Axle Beam, Clapping Ring, and others and have applications in various industries like defense, railway, and automobile.

ASL Industries (NSE:ASLIND) Headlines

No Headlines