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Shinva Medical Instrument Co (SHSE:600587) EV-to-EBIT : 11.64 (As of May. 17, 2024)


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What is Shinva Medical Instrument Co EV-to-EBIT?

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Shinva Medical Instrument Co's Enterprise Value is ¥9,184 Mil. Shinva Medical Instrument Co's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 was ¥789 Mil. Therefore, Shinva Medical Instrument Co's EV-to-EBIT for today is 11.64.

The historical rank and industry rank for Shinva Medical Instrument Co's EV-to-EBIT or its related term are showing as below:

SHSE:600587' s EV-to-EBIT Range Over the Past 10 Years
Min: 6.26   Med: 17.87   Max: 47.75
Current: 11.66

During the past 13 years, the highest EV-to-EBIT of Shinva Medical Instrument Co was 47.75. The lowest was 6.26. And the median was 17.87.

SHSE:600587's EV-to-EBIT is ranked better than
72.17% of 460 companies
in the Medical Devices & Instruments industry
Industry Median: 20.385 vs SHSE:600587: 11.66

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Shinva Medical Instrument Co's Enterprise Value for the quarter that ended in Mar. 2024 was ¥9,357 Mil. Shinva Medical Instrument Co's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 was ¥789 Mil. Shinva Medical Instrument Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 8.43%.


Shinva Medical Instrument Co EV-to-EBIT Historical Data

The historical data trend for Shinva Medical Instrument Co'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.

Shinva Medical Instrument Co EV-to-EBIT Chart

Shinva Medical Instrument Co 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 6.28 15.52 16.32 13.62 13.02

Shinva Medical Instrument Co 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 16.94 19.73 13.57 13.02 11.86

Competitive Comparison of Shinva Medical Instrument Co's EV-to-EBIT

For the Medical Devices subindustry, Shinva Medical Instrument Co'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.


Shinva Medical Instrument Co's EV-to-EBIT Distribution in the Medical Devices & Instruments Industry

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

* The bar in red indicates where Shinva Medical Instrument Co's EV-to-EBIT falls into.



Shinva Medical Instrument Co EV-to-EBIT Calculation

Shinva Medical Instrument Co's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=9184.199/789.043
=11.64

Shinva Medical Instrument Co's current Enterprise Value is ¥9,184 Mil.
Shinva Medical Instrument Co'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 ¥789 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.


Shinva Medical Instrument Co  (SHSE:600587) 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) %.

Shinva Medical Instrument Co'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 )
=789.043/9356.61852
=8.43 %

Shinva Medical Instrument Co's Enterprise Value for the quarter that ended in Mar. 2024 was ¥9,357 Mil.
Shinva Medical Instrument Co'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 ¥789 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.


Shinva Medical Instrument Co EV-to-EBIT Related Terms

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Shinva Medical Instrument Co (SHSE:600587) Business Description

Traded in Other Exchanges
N/A
Address
Xinhua Medical Technology Park, New and High-Technology Development Zone, Shandong, Zibo, CHN, 255086
Shinva Medical Instrument Co Ltd manufactures medical instruments in China. Its main products include sterilizers and testing products, radiotherapy and digital diagnosis equipment, surgical instruments and pharmaceutical machinery.

Shinva Medical Instrument Co (SHSE:600587) Headlines

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