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SSAB AB (SSAB AB) EV-to-EBIT : 2.56 (As of May. 01, 2024)


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What is SSAB AB EV-to-EBIT?

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, SSAB AB's Enterprise Value is $3,834 Mil. SSAB AB's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 was $1,495 Mil. Therefore, SSAB AB's EV-to-EBIT for today is 2.56.

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

SSAAY' s EV-to-EBIT Range Over the Past 10 Years
Min: -531.39   Med: 2.15   Max: 5285.86
Current: 2.56

During the past 13 years, the highest EV-to-EBIT of SSAB AB was 5285.86. The lowest was -531.39. And the median was 2.15.

SSAAY's EV-to-EBIT is ranked better than
90.16% of 498 companies
in the Steel industry
Industry Median: 11.29 vs SSAAY: 2.56

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. SSAB AB's Enterprise Value for the quarter that ended in Mar. 2024 was $5,681 Mil. SSAB AB's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 was $1,495 Mil. SSAB AB's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 26.32%.


SSAB AB EV-to-EBIT Historical Data

The historical data trend for SSAB 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.

SSAB AB EV-to-EBIT Chart

SSAB 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 20.86 -143.74 2.79 -10.82 3.39

SSAB 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 -8.38 -5.20 -3.09 3.39 3.81

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

For the Steel subindustry, SSAB 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.


SSAB AB's EV-to-EBIT Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, SSAB AB's EV-to-EBIT distribution charts can be found below:

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



SSAB AB EV-to-EBIT Calculation

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

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=3833.570/1495.202
=2.56

SSAB AB's current Enterprise Value is $3,834 Mil.
SSAB 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 $1,495 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.


SSAB AB  (OTCPK:SSAAY) 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) %.

SSAB 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 )
=1495.202/5681.0638
=26.32 %

SSAB AB's Enterprise Value for the quarter that ended in Mar. 2024 was $5,681 Mil.
SSAB 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 $1,495 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.


SSAB AB EV-to-EBIT Related Terms

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SSAB AB (SSAB AB) Business Description

Address
Klarabergsviadukten 70, D6, Box 70, Stockholm, SWE, SE-101 21
SSAB is a Sweden-based company that operates through five divisions. SSAB special steels sell structural high-strength steel, wear-resistant steel, protection steel, and tool steel. SSAB Europe is a Nordic-based producer of the strip, plate, and tube products. SSAB Americas is a Northern American steel plate and coil maker. Tibnor, SSAB's subsidiary, is a Nordic distributor of steel and nonferrous metals. Ruukki Construction, another subsidiary of SSAB, is a Europe-based provider of energy-efficient building and construction solutions. Steel products represent the majority of the company's sales. SSAB primarily serves customers from heavy transport, construction, automotive, construction machinery, energy, and other sectors. SSAB generates most of its revenue from Europe and North America.

SSAB AB (SSAB AB) Headlines

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