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Solar Industries India (NSE:SOLARINDS) EV-to-EBIT : 71.96 (As of Jun. 19, 2024)


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What is Solar Industries India EV-to-EBIT?

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Solar Industries India's Enterprise Value is ₹914,525 Mil. Solar Industries India's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 was ₹12,709 Mil. Therefore, Solar Industries India's EV-to-EBIT for today is 71.96.

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

NSE:SOLARINDS' s EV-to-EBIT Range Over the Past 10 Years
Min: 9.22   Med: 26.53   Max: 71.96
Current: 71.96

During the past 13 years, the highest EV-to-EBIT of Solar Industries India was 71.96. The lowest was 9.22. And the median was 26.53.

NSE:SOLARINDS's EV-to-EBIT is ranked worse than
90.08% of 1230 companies
in the Chemicals industry
Industry Median: 17.595 vs NSE:SOLARINDS: 71.96

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Solar Industries India's Enterprise Value for the quarter that ended in Mar. 2024 was ₹800,706 Mil. Solar Industries India's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 was ₹12,709 Mil. Solar Industries India's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 1.59%.


Solar Industries India EV-to-EBIT Historical Data

The historical data trend for Solar Industries India'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.

Solar Industries India EV-to-EBIT Chart

Solar Industries India 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 23.21 27.80 39.85 29.68 63.02

Solar Industries India 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 29.68 27.55 35.15 48.04 63.02

Competitive Comparison of Solar Industries India's EV-to-EBIT

For the Specialty Chemicals subindustry, Solar Industries India'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.


Solar Industries India's EV-to-EBIT Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Solar Industries India's EV-to-EBIT distribution charts can be found below:

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



Solar Industries India EV-to-EBIT Calculation

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

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=914525.023/12708.52
=71.96

Solar Industries India's current Enterprise Value is ₹914,525 Mil.
Solar Industries India'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 ₹12,709 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.


Solar Industries India  (NSE:SOLARINDS) 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) %.

Solar Industries India'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 )
=12708.52/800706.435675
=1.59 %

Solar Industries India's Enterprise Value for the quarter that ended in Mar. 2024 was ₹800,706 Mil.
Solar Industries India'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 ₹12,709 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.


Solar Industries India EV-to-EBIT Related Terms

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Solar Industries India (NSE:SOLARINDS) Business Description

Traded in Other Exchanges
Address
Amravati Road, Solar House, 14, Kachimet, Nagpur, MH, IND, 440023
Solar Industries India Ltd manufactures and sells a variety of explosives and defense products. The company primarily sells bulk and packaged explosives as well as detonation initiating systems to the mining, infrastructure, and construction industries. The firm's defense products include high energy explosives, propellants for delivering missiles and rockets, pyros, bombs, and warheads. Geographically, the group holds its presence in both India and internationally of which Indian region accounts for a majority of revenue.

Solar Industries India (NSE:SOLARINDS) Headlines

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