GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Ningbo Yongxin Optics Co Ltd (SHSE:603297) » Definitions » EV-to-EBIT

Ningbo Yongxin Optics Co (SHSE:603297) EV-to-EBIT : 27.97 (As of May. 17, 2024)


View and export this data going back to 2018. Start your Free Trial

What is Ningbo Yongxin Optics Co EV-to-EBIT?

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Ningbo Yongxin Optics Co's Enterprise Value is ¥6,988.2 Mil. Ningbo Yongxin Optics Co's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 was ¥249.8 Mil. Therefore, Ningbo Yongxin Optics Co's EV-to-EBIT for today is 27.97.

The historical rank and industry rank for Ningbo Yongxin Optics Co's EV-to-EBIT or its related term are showing as below:

SHSE:603297' s EV-to-EBIT Range Over the Past 10 Years
Min: 10.97   Med: 26.1   Max: 54.81
Current: 28.15

During the past 10 years, the highest EV-to-EBIT of Ningbo Yongxin Optics Co was 54.81. The lowest was 10.97. And the median was 26.10.

SHSE:603297's EV-to-EBIT is ranked worse than
70.28% of 1706 companies
in the Hardware industry
Industry Median: 16 vs SHSE:603297: 28.15

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Ningbo Yongxin Optics Co's Enterprise Value for the quarter that ended in Mar. 2024 was ¥8,018.3 Mil. Ningbo Yongxin Optics Co's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 was ¥249.8 Mil. Ningbo Yongxin Optics Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 3.12%.


Ningbo Yongxin Optics Co EV-to-EBIT Historical Data

The historical data trend for Ningbo Yongxin Optics 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.

Ningbo Yongxin Optics Co EV-to-EBIT Chart

Ningbo Yongxin Optics 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 20.05 18.27 40.95 26.48 39.88

Ningbo Yongxin Optics 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 28.51 28.37 32.03 39.88 32.10

Competitive Comparison of Ningbo Yongxin Optics Co's EV-to-EBIT

For the Scientific & Technical Instruments subindustry, Ningbo Yongxin Optics 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.


Ningbo Yongxin Optics Co's EV-to-EBIT Distribution in the Hardware Industry

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

* The bar in red indicates where Ningbo Yongxin Optics Co's EV-to-EBIT falls into.



Ningbo Yongxin Optics Co EV-to-EBIT Calculation

Ningbo Yongxin Optics Co's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=6988.186/249.814
=27.97

Ningbo Yongxin Optics Co's current Enterprise Value is ¥6,988.2 Mil.
Ningbo Yongxin Optics 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 ¥249.8 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.


Ningbo Yongxin Optics Co  (SHSE:603297) 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) %.

Ningbo Yongxin Optics 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 )
=249.814/8018.26291
=3.12 %

Ningbo Yongxin Optics Co's Enterprise Value for the quarter that ended in Mar. 2024 was ¥8,018.3 Mil.
Ningbo Yongxin Optics 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 ¥249.8 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.


Ningbo Yongxin Optics Co EV-to-EBIT Related Terms

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


Ningbo Yongxin Optics Co (SHSE:603297) Business Description

Traded in Other Exchanges
N/A
Address
No.385 Mingzhu Road, Hi-tech Industry Park, Zhejiang, Ningbo, CHN, 315040
Ningbo Yongxin Optics Co Ltd is a Chinese microscope manufacturer. It is engaged in manufacturing and selling biological microscopes and industrial microscopes, strips Code scanner lens, planar optics, and professional imaging optics components under the brands NOVEL, JIANGNAN, and INOVO. The company exports its products throughout Europe, America, Japan, Singapore, and other countries and regions.

Ningbo Yongxin Optics Co (SHSE:603297) Headlines

No Headlines