GURUFOCUS.COM » STOCK LIST » Technology » Software » Novotek AB (OSTO:NTEK B) » Definitions » EV-to-EBIT

Novotek AB (OSTO:NTEK B) EV-to-EBIT : 11.59 (As of May. 21, 2024)


View and export this data going back to 1999. Start your Free Trial

What is Novotek AB EV-to-EBIT?

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Novotek AB's Enterprise Value is kr598.8 Mil. Novotek AB's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 was kr51.7 Mil. Therefore, Novotek AB's EV-to-EBIT for today is 11.59.

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

OSTO:NTEK B' s EV-to-EBIT Range Over the Past 10 Years
Min: 4.96   Med: 8.58   Max: 15.12
Current: 11.59

During the past 13 years, the highest EV-to-EBIT of Novotek AB was 15.12. The lowest was 4.96. And the median was 8.58.

OSTO:NTEK B's EV-to-EBIT is ranked better than
67.99% of 1659 companies
in the Software industry
Industry Median: 18.2 vs OSTO:NTEK B: 11.59

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Novotek AB's Enterprise Value for the quarter that ended in Mar. 2024 was kr579.2 Mil. Novotek AB's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 was kr51.7 Mil. Novotek AB's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 8.92%.


Novotek AB EV-to-EBIT Historical Data

The historical data trend for Novotek 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.

Novotek AB EV-to-EBIT Chart

Novotek AB 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 9.66 10.33 13.91 9.57 9.29

Novotek AB 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 11.51 9.84 9.65 9.29 11.21

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

For the Information Technology Services subindustry, Novotek 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.


Novotek AB's EV-to-EBIT Distribution in the Software Industry

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

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



Novotek AB EV-to-EBIT Calculation

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

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=598.780/51.659
=11.59

Novotek AB's current Enterprise Value is kr598.8 Mil.
Novotek AB'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 kr51.7 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.


Novotek AB  (OSTO:NTEK 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) %.

Novotek AB'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 )
=51.659/579.16
=8.92 %

Novotek AB's Enterprise Value for the quarter that ended in Mar. 2024 was kr579.2 Mil.
Novotek AB'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 kr51.7 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.


Novotek AB EV-to-EBIT Related Terms

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


Novotek AB (OSTO:NTEK B) Business Description

Traded in Other Exchanges
N/A
Address
Hojdrodergatan 18, Box 16014, Malmo, SWE, 212 39
Novotek AB delivers industrial-IT and automation solutions based on standard products and components. The company products are used in Energy, Food, Drug, Petro and chemical, Metal, Manufacturing, Paper and Mass, Infrastructure, Water and Drainage, and Building Automation industries. Its solution includes process optimization, energy monitoring, industrial data provider, production planning, version management, Kepware OPC communication platform, cyber security for production and process networks and others.

Novotek AB (OSTO:NTEK B) Headlines

No Headlines