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Careray Digital Medical Technology Co (SHSE:688607) EV-to-EBIT : 23.92 (As of Jun. 24, 2024)


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What is Careray Digital Medical Technology Co EV-to-EBIT?

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Careray Digital Medical Technology Co's Enterprise Value is ¥598.3 Mil. Careray Digital Medical Technology Co's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 was ¥25.0 Mil. Therefore, Careray Digital Medical Technology Co's EV-to-EBIT for today is 23.92.

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

SHSE:688607' s EV-to-EBIT Range Over the Past 10 Years
Min: -627.97   Med: 24.16   Max: 115.17
Current: 23.92

During the past 7 years, the highest EV-to-EBIT of Careray Digital Medical Technology Co was 115.17. The lowest was -627.97. And the median was 24.16.

SHSE:688607's EV-to-EBIT is ranked worse than
58.89% of 450 companies
in the Medical Devices & Instruments industry
Industry Median: 18.99 vs SHSE:688607: 23.92

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Careray Digital Medical Technology Co's Enterprise Value for the quarter that ended in Mar. 2024 was ¥758.7 Mil. Careray Digital Medical Technology Co's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 was ¥25.0 Mil. Careray Digital Medical Technology Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 3.30%.


Careray Digital Medical Technology Co EV-to-EBIT Historical Data

The historical data trend for Careray Digital Medical Technology 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.

Careray Digital Medical Technology Co EV-to-EBIT Chart

Careray Digital Medical Technology Co Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EV-to-EBIT
Get a 7-Day Free Trial - - 27.72 -123.78 76.20

Careray Digital Medical Technology Co Quarterly Data
Dec18 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 -166.87 -205.21 -640.17 76.20 30.33

Competitive Comparison of Careray Digital Medical Technology Co's EV-to-EBIT

For the Medical Devices subindustry, Careray Digital Medical Technology 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.


Careray Digital Medical Technology Co's EV-to-EBIT Distribution in the Medical Devices & Instruments Industry

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

* The bar in red indicates where Careray Digital Medical Technology Co's EV-to-EBIT falls into.



Careray Digital Medical Technology Co EV-to-EBIT Calculation

Careray Digital Medical Technology Co's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=598.309/25.013
=23.92

Careray Digital Medical Technology Co's current Enterprise Value is ¥598.3 Mil.
Careray Digital Medical Technology 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 ¥25.0 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.


Careray Digital Medical Technology Co  (SHSE:688607) 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) %.

Careray Digital Medical Technology 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 )
=25.013/758.66748
=3.30 %

Careray Digital Medical Technology Co's Enterprise Value for the quarter that ended in Mar. 2024 was ¥758.7 Mil.
Careray Digital Medical Technology 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 ¥25.0 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.


Careray Digital Medical Technology Co EV-to-EBIT Related Terms

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Careray Digital Medical Technology Co (SHSE:688607) Business Description

Traded in Other Exchanges
N/A
Address
No. 218 Xinghu Street, Room 501, Building A2 and B3, Bio-Nano Park, Suzhou Industrial Park, Jiangsu Province, Suzhou, CHN, 215123
Jiangsu Kangzhong Digital Medical Technology Co Ltd is engaged in the development and production of advanced digital X-ray flat panel detectors, which are widely used in medical, pet, security, and industrial imaging diagnostic products. The product portfolio includes radiography, mammography, fluoroscopy, dental products, and other accessories.

Careray Digital Medical Technology Co (SHSE:688607) Headlines

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