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Detection Technology (OHEL:DETEC) EV-to-EBIT : 33.64 (As of Jun. 19, 2024)


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What is Detection Technology EV-to-EBIT?

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Detection Technology's Enterprise Value is €257.0 Mil. Detection Technology's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was €7.6 Mil. Therefore, Detection Technology's EV-to-EBIT for today is 33.64.

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

OHEL:DETEC' s EV-to-EBIT Range Over the Past 10 Years
Min: 9.07   Med: 21.93   Max: 125.41
Current: 33.65

During the past 13 years, the highest EV-to-EBIT of Detection Technology was 125.41. The lowest was 9.07. And the median was 21.93.

OHEL:DETEC's EV-to-EBIT is ranked worse than
75.45% of 1711 companies
in the Hardware industry
Industry Median: 16.58 vs OHEL:DETEC: 33.65

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Detection Technology's Enterprise Value for the quarter that ended in Dec. 2023 was €189.0 Mil. Detection Technology's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was €7.6 Mil. Detection Technology's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 4.04%.


Detection Technology EV-to-EBIT Historical Data

The historical data trend for Detection Technology'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.

Detection Technology EV-to-EBIT Chart

Detection Technology Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EV-to-EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 20.32 38.96 34.83 39.69 24.75

Detection Technology Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 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 34.83 - 39.69 - 24.75

Competitive Comparison of Detection Technology's EV-to-EBIT

For the Scientific & Technical Instruments subindustry, Detection Technology'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.


Detection Technology's EV-to-EBIT Distribution in the Hardware Industry

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

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



Detection Technology EV-to-EBIT Calculation

Detection Technology's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=257.004/7.639
=33.64

Detection Technology's current Enterprise Value is €257.0 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Detection Technology's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was €7.6 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.


Detection Technology  (OHEL:DETEC) 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) %.

Detection Technology'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 )
=7.639/189.041625
=4.04 %

Detection Technology's Enterprise Value for the quarter that ended in Dec. 2023 was €189.0 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Detection Technology's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was €7.6 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.


Detection Technology EV-to-EBIT Related Terms

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


Detection Technology (OHEL:DETEC) Business Description

Traded in Other Exchanges
Address
A Grid, Otakaari 5A, Espoo, FIN, 02150
Detection Technology PLC is a company engaged in providing X-ray imaging subsystems, components, and services for medical, security and industrial applications. The business units of the company are the Medical business unit and Security and Industrial business unit, of which prime revenue is derived from the Security Business Unit. Its security imaging offering includes X-ray imaging subsystems for security applications from baggage, parcel and cargo scanning to personnel screening and computed tomography.

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