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Onward Technologies (NSE:ONWARDTEC) EV-to-EBIT : 18.33 (As of Jun. 20, 2024)


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What is Onward Technologies EV-to-EBIT?

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Onward Technologies's Enterprise Value is ₹8,525 Mil. Onward Technologies's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 was ₹465 Mil. Therefore, Onward Technologies's EV-to-EBIT for today is 18.33.

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

NSE:ONWARDTEC' s EV-to-EBIT Range Over the Past 10 Years
Min: 3.45   Med: 14.6   Max: 62.44
Current: 18.34

During the past 13 years, the highest EV-to-EBIT of Onward Technologies was 62.44. The lowest was 3.45. And the median was 14.60.

NSE:ONWARDTEC's EV-to-EBIT is ranked worse than
51.92% of 1664 companies
in the Software industry
Industry Median: 17.45 vs NSE:ONWARDTEC: 18.34

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Onward Technologies's Enterprise Value for the quarter that ended in Mar. 2024 was ₹9,376 Mil. Onward Technologies's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 was ₹465 Mil. Onward Technologies's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 4.96%.


Onward Technologies EV-to-EBIT Historical Data

The historical data trend for Onward Technologies'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.

Onward Technologies EV-to-EBIT Chart

Onward Technologies 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 6.77 14.95 23.22 31.02 20.18

Onward Technologies 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 31.02 36.15 27.36 28.28 20.18

Competitive Comparison of Onward Technologies's EV-to-EBIT

For the Information Technology Services subindustry, Onward Technologies'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.


Onward Technologies's EV-to-EBIT Distribution in the Software Industry

For the Software industry and Technology sector, Onward Technologies's EV-to-EBIT distribution charts can be found below:

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



Onward Technologies EV-to-EBIT Calculation

Onward Technologies's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=8524.932/464.979
=18.33

Onward Technologies's current Enterprise Value is ₹8,525 Mil.
Onward Technologies'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 ₹465 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.


Onward Technologies  (NSE:ONWARDTEC) 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) %.

Onward Technologies'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 )
=464.979/9375.76092
=4.96 %

Onward Technologies's Enterprise Value for the quarter that ended in Mar. 2024 was ₹9,376 Mil.
Onward Technologies'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 ₹465 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.


Onward Technologies EV-to-EBIT Related Terms

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Onward Technologies (NSE:ONWARDTEC) Business Description

Traded in Other Exchanges
Address
Dr. Annie Besant Road, Sterling Centre, 2nd Floor, Worli, Mumbai, MH, IND, 400 018
Onward Technologies Ltd is an Indian company that is engaged in the sale of user license software, professional services, consultancy services, training, and others. Its business activities include product design, simulation engineering, automation solutions, engineering change management, and others. It has one operating segment which is Engineering Design and IT services. The majority of the company's revenue comes from India. It also operates outside India.

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