Nordic Lights Group (OHEL:NORDLIG) EV-to-EBIT : 67.78 (As of Jun. 22, 2024)

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What is Nordic Lights Group EV-to-EBIT?

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Nordic Lights Group's Enterprise Value is €135.43 Mil. Nordic Lights Group's EBIT for the trailing twelve months (TTM) ended in Jun. 2023 was €2.00 Mil. Therefore, Nordic Lights Group's EV-to-EBIT for today is 67.78.

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

OHEL:NORDLIG' s EV-to-EBIT Range Over the Past 10 Years
Min: 12.38 Med: 17.1 Max: 67.78
Current: 67.78

During the past 4 years, the highest EV-to-EBIT of Nordic Lights Group was 67.78. The lowest was 12.38. And the median was 17.10.

OHEL:NORDLIG's EV-to-EBIT is not ranked
in the Industrial Products industry.
Industry Median: 16.62 vs OHEL:NORDLIG: 67.78

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Nordic Lights Group's Enterprise Value for the quarter that ended in Jun. 2023 was €116.28 Mil. Nordic Lights Group's EBIT for the trailing twelve months (TTM) ended in Jun. 2023 was €2.00 Mil. Nordic Lights Group's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2023 was 1.72%.

Nordic Lights Group EV-to-EBIT Historical Data

The historical data trend for Nordic Lights Group'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.

Nordic Lights Group EV-to-EBIT Chart

Nordic Lights Group Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

EV-to-EBIT

11.94

Nordic Lights Group Quarterly Data
	Dec19	Dec20	Mar21	Dec21	Mar22	Jun22	Dec22	Jun23
EV-to-EBIT	Get a 7-Day Free Trial			-	-	-	11.94	58.20

Competitive Comparison of Nordic Lights Group's EV-to-EBIT

For the Electrical Equipment & Parts subindustry, Nordic Lights Group'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.

Nordic Lights Group's EV-to-EBIT Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Nordic Lights Group's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Nordic Lights Group's EV-to-EBIT falls into.

Nordic Lights Group EV-to-EBIT Calculation

Nordic Lights Group's EV-to-EBIT for today is calculated as:

EV-to-EBIT	=	Enterprise Value (Today)	/	EBIT (TTM)
	=	135.433	/	1.998
	=	67.78

Nordic Lights Group's current Enterprise Value is €135.43 Mil.
Nordic Lights Group's EBIT for the trailing twelve months (TTM) ended in Jun. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was €2.00 Mil.

Nordic Lights Group (OHEL:NORDLIG) 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) %.

Nordic Lights Group's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2023 is calculated as:

Earnings Yield (Joel Greenblatt) % (Q: Jun. 2023 )	=	EBIT	/	Enterprise Value (Q: Jun. 2023 )
	=	1.998	/	116.28428
	=	1.72 %

Nordic Lights Group's Enterprise Value for the quarter that ended in Jun. 2023 was €116.28 Mil.
Nordic Lights Group's EBIT for the trailing twelve months (TTM) ended in Jun. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was €2.00 Mil.

Nordic Lights Group EV-to-EBIT Related Terms

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Nordic Lights Group (OHEL:NORDLIG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Nordic Lights Group Corp (OHEL:NORDLIG) » Definitions » EV-to-EBIT

Comparable Companies

Traded in Other Exchanges

N/A

Address

Bennasvagen/Pannaistentie 155, PO Box 36, Jakobstad, FIN, 68601

Website

https://www.nordiclights.com

Nordic Lights Group Corp is a premium provider of lighting solutions for heavy-duty equipment. Nordic Lights focus on providing solutions to five main end-user segments: mining, construction, forestry, agriculture, and material handling. The company derives a majority of its revenue from Europe, the Middle East, and Africa (EMEA).

Nordic Lights Group (OHEL:NORDLIG) Headlines

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