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Elekta AB (OSTO:EKTA B) EV-to-EBIT : 18.53 (As of May. 27, 2024)


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What is Elekta AB EV-to-EBIT?

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Elekta AB's Enterprise Value is kr37,668 Mil. Elekta AB's EBIT for the trailing twelve months (TTM) ended in Jan. 2024 was kr2,033 Mil. Therefore, Elekta AB's EV-to-EBIT for today is 18.53.

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

OSTO:EKTA B' s EV-to-EBIT Range Over the Past 10 Years
Min: 14.32   Med: 24.87   Max: 108.32
Current: 18.53

During the past 13 years, the highest EV-to-EBIT of Elekta AB was 108.32. The lowest was 14.32. And the median was 24.87.

OSTO:EKTA B's EV-to-EBIT is ranked better than
54.42% of 452 companies
in the Medical Devices & Instruments industry
Industry Median: 20.2 vs OSTO:EKTA B: 18.53

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Elekta AB's Enterprise Value for the quarter that ended in Jan. 2024 was kr34,865 Mil. Elekta AB's EBIT for the trailing twelve months (TTM) ended in Jan. 2024 was kr2,033 Mil. Elekta AB's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jan. 2024 was 5.83%.


Elekta AB EV-to-EBIT Historical Data

The historical data trend for Elekta AB'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.

Elekta AB EV-to-EBIT Chart

Elekta AB Annual Data
Trend Apr14 Apr15 Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23
EV-to-EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 25.02 22.44 24.22 17.06 25.48

Elekta AB Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 19.37 25.48 21.96 17.67 17.15

Competitive Comparison of Elekta AB's EV-to-EBIT

For the Medical Instruments & Supplies subindustry, Elekta AB'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.


Elekta AB's EV-to-EBIT Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Elekta AB's EV-to-EBIT distribution charts can be found below:

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



Elekta AB EV-to-EBIT Calculation

Elekta AB's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=37668.252/2033
=18.53

Elekta AB's current Enterprise Value is kr37,668 Mil.
Elekta AB's EBIT for the trailing twelve months (TTM) ended in Jan. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was kr2,033 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.


Elekta AB  (OSTO:EKTA B) 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) %.

Elekta AB's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jan. 2024 is calculated as:

Earnings Yield (Joel Greenblatt) % (Q: Jan. 2024 ) =EBIT / Enterprise Value (Q: Jan. 2024 )
=2033/34864.9321
=5.83 %

Elekta AB's Enterprise Value for the quarter that ended in Jan. 2024 was kr34,865 Mil.
Elekta AB's EBIT for the trailing twelve months (TTM) ended in Jan. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was kr2,033 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.


Elekta AB EV-to-EBIT Related Terms

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Elekta AB (OSTO:EKTA B) Business Description

Address
Kungstensgatan 18, Box 7593, Stockholm, SWE, SE-103 93
Sweden-based Elekta develops, manufactures, and distributes treatment planning systems for neurosurgery and radiotherapy, including stereotactic radiosurgery and brachytherapy. The company's installed base of more than 5,000 linear accelerators, GammaKnife and Unity platforms, and software is used in more than 6,000 hospitals globally. The company's sales are evenly distributed across geographies, with North and South America accounting for 31%; Europe, the Middle East, and Africa accounting for 35%; and Asia-Pacific contributing the remainder.

Elekta AB (OSTO:EKTA B) Headlines

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