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Wetown Electric Group Co (SHSE:688226) EV-to-EBIT : 20.13 (As of Jun. 06, 2024)


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What is Wetown Electric Group Co EV-to-EBIT?

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Wetown Electric Group Co's Enterprise Value is ¥4,427 Mil. Wetown Electric Group Co's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 was ¥220 Mil. Therefore, Wetown Electric Group Co's EV-to-EBIT for today is 20.13.

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

SHSE:688226' s EV-to-EBIT Range Over the Past 10 Years
Min: 14.14   Med: 26.33   Max: 49.4
Current: 19.81

During the past 7 years, the highest EV-to-EBIT of Wetown Electric Group Co was 49.40. The lowest was 14.14. And the median was 26.33.

SHSE:688226's EV-to-EBIT is ranked worse than
61.35% of 2365 companies
in the Industrial Products industry
Industry Median: 16.26 vs SHSE:688226: 19.81

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Wetown Electric Group Co's Enterprise Value for the quarter that ended in Mar. 2024 was ¥3,614 Mil. Wetown Electric Group Co's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 was ¥220 Mil. Wetown Electric Group Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 6.09%.


Wetown Electric Group Co EV-to-EBIT Historical Data

The historical data trend for Wetown Electric Group 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.

Wetown Electric Group Co EV-to-EBIT Chart

Wetown Electric Group Co Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EV-to-EBIT
Get a 7-Day Free Trial - - 29.08 43.81 19.96

Wetown Electric Group Co Quarterly Data
Dec17 Dec18 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 36.54 36.85 22.65 19.96 16.43

Competitive Comparison of Wetown Electric Group Co's EV-to-EBIT

For the Electrical Equipment & Parts subindustry, Wetown Electric Group 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.


Wetown Electric Group Co's EV-to-EBIT Distribution in the Industrial Products Industry

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

* The bar in red indicates where Wetown Electric Group Co's EV-to-EBIT falls into.



Wetown Electric Group Co EV-to-EBIT Calculation

Wetown Electric Group Co's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=4427.328/219.969
=20.13

Wetown Electric Group Co's current Enterprise Value is ¥4,427 Mil.
Wetown Electric Group 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 ¥220 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.


Wetown Electric Group Co  (SHSE:688226) 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) %.

Wetown Electric Group 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 )
=219.969/3613.6921
=6.09 %

Wetown Electric Group Co's Enterprise Value for the quarter that ended in Mar. 2024 was ¥3,614 Mil.
Wetown Electric Group 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 ¥220 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.


Wetown Electric Group Co EV-to-EBIT Related Terms

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Wetown Electric Group Co (SHSE:688226) Business Description

Traded in Other Exchanges
N/A
Address
No. 1, Nanzi Road, Xinba Science and Technology Park, Jiangsu Province, Yangzhong, CHN, 212200
Wetown Electric Group Co Ltd is engaged in the development and manufacturing of electrical products. it offers product such as high and low voltage busbars; complete sets of electrical and intelligent components; copper and aluminum materials and tinned copper tape; bridges and hangers and others.

Wetown Electric Group Co (SHSE:688226) Headlines

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