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Hisar Metal Industries (NSE:HISARMETAL) EV-to-EBIT : 12.18 (As of May. 21, 2024)


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What is Hisar Metal Industries EV-to-EBIT?

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Hisar Metal Industries's Enterprise Value is ₹1,781 Mil. Hisar Metal Industries's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was ₹146 Mil. Therefore, Hisar Metal Industries's EV-to-EBIT for today is 12.18.

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

NSE:HISARMETAL' s EV-to-EBIT Range Over the Past 10 Years
Min: 1.57   Med: 5.86   Max: 14.97
Current: 12.18

During the past 13 years, the highest EV-to-EBIT of Hisar Metal Industries was 14.97. The lowest was 1.57. And the median was 5.86.

NSE:HISARMETAL's EV-to-EBIT is ranked worse than
52.62% of 496 companies
in the Steel industry
Industry Median: 11.495 vs NSE:HISARMETAL: 12.18

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Hisar Metal Industries's Enterprise Value for the quarter that ended in Dec. 2023 was ₹1,101 Mil. Hisar Metal Industries's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was ₹146 Mil. Hisar Metal Industries's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 13.28%.


Hisar Metal Industries EV-to-EBIT Historical Data

The historical data trend for Hisar Metal 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.

Hisar Metal Industries EV-to-EBIT Chart

Hisar Metal 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 7.17 8.75 9.93 6.33 6.62

Hisar Metal Industries Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 2.91 6.62 4.14 9.67 7.53

Competitive Comparison of Hisar Metal Industries's EV-to-EBIT

For the Steel subindustry, Hisar Metal 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.


Hisar Metal Industries's EV-to-EBIT Distribution in the Steel Industry

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

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



Hisar Metal Industries EV-to-EBIT Calculation

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

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=1781.370/146.223
=12.18

Hisar Metal Industries's current Enterprise Value is ₹1,781 Mil.
Hisar Metal Industries's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹146 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.


Hisar Metal Industries  (NSE:HISARMETAL) 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) %.

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

Earnings Yield (Joel Greenblatt) % (Q: Dec. 2023 ) =EBIT / Enterprise Value (Q: Dec. 2023 )
=146.223/1101.33
=13.28 %

Hisar Metal Industries's Enterprise Value for the quarter that ended in Dec. 2023 was ₹1,101 Mil.
Hisar Metal Industries's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹146 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.


Hisar Metal Industries EV-to-EBIT Related Terms

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


Hisar Metal Industries (NSE:HISARMETAL) Business Description

Traded in Other Exchanges
Address
Delhi Road, Near Industrial Development Colony, Hisar, HR, IND, 125 005
Hisar Metal Industries Ltd is an Indian-based company, operating in the steel business. It is involved in the manufacturing of cold-rolled stainless steel strips and stainless steel tubes and pipes. The company generates maximum revenue from the sale of Cold Rolled Stainless Steel strips.

Hisar Metal Industries (NSE:HISARMETAL) Headlines

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