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Surani Steel Tubes (NSE:SURANI) EV-to-EBIT : 413.76 (As of Jun. 24, 2024)


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What is Surani Steel Tubes EV-to-EBIT?

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Surani Steel Tubes's Enterprise Value is ₹2,944 Mil. Surani Steel Tubes's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 was ₹7 Mil. Therefore, Surani Steel Tubes's EV-to-EBIT for today is 413.76.

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

NSE:SURANI' s EV-to-EBIT Range Over the Past 10 Years
Min: -1528   Med: 6.53   Max: 851.22
Current: 413.76

During the past 11 years, the highest EV-to-EBIT of Surani Steel Tubes was 851.22. The lowest was -1528.00. And the median was 6.53.

NSE:SURANI's EV-to-EBIT is ranked worse than
99.4% of 500 companies
in the Steel industry
Industry Median: 11.44 vs NSE:SURANI: 413.76

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Surani Steel Tubes's Enterprise Value for the quarter that ended in Mar. 2024 was ₹6,243 Mil. Surani Steel Tubes's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 was ₹7 Mil. Surani Steel Tubes's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 0.11%.


Surani Steel Tubes EV-to-EBIT Historical Data

The historical data trend for Surani Steel Tubes'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.

Surani Steel Tubes EV-to-EBIT Chart

Surani Steel Tubes 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 -13.99 5.67 15.12 -147.00 696.85

Surani Steel Tubes Semi-Annual Data
Mar14 Mar15 Mar16 Mar17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Mar22 Sep22 Mar23 Sep23 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 15.12 - -147.00 - 696.85

Competitive Comparison of Surani Steel Tubes's EV-to-EBIT

For the Steel subindustry, Surani Steel Tubes'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.


Surani Steel Tubes's EV-to-EBIT Distribution in the Steel Industry

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

* The bar in red indicates where Surani Steel Tubes's EV-to-EBIT falls into.



Surani Steel Tubes EV-to-EBIT Calculation

Surani Steel Tubes's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=2944.319/7.116
=413.76

Surani Steel Tubes's current Enterprise Value is ₹2,944 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Surani Steel Tubes's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 was ₹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.


Surani Steel Tubes  (NSE:SURANI) 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) %.

Surani Steel Tubes'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 )
=7.116/6243.1753
=0.11 %

Surani Steel Tubes's Enterprise Value for the quarter that ended in Mar. 2024 was ₹6,243 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Surani Steel Tubes's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 was ₹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.


Surani Steel Tubes EV-to-EBIT Related Terms

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


Surani Steel Tubes (NSE:SURANI) Business Description

Traded in Other Exchanges
N/A
Address
Bayad Road, Sr. No. 110,115, Opposite Vinayak TMT, Village Sampa, Taluka Dahegam, Gandhinagar, GJ, IND, 382315
Surani Steel Tubes Ltd is engaged in manufacturing and supplying ERW pipes and steel tubes. The company operates a single segment named manufacturing ERW MS PIPES and trading of MS PIPE. The company's products include ERW Round Pipes and Tubes, Square and Rectangle Hollow Sections, MS Slit Coils and Strips, Hot Roll Coils, and Brochures. Geographically, it operates only in India.

Surani Steel Tubes (NSE:SURANI) Headlines

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