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Changchai Co (SZSE:000570) EV-to-EBIT : 11.51 (As of Jun. 16, 2024)


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What is Changchai Co EV-to-EBIT?

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Changchai Co's Enterprise Value is ¥1,819 Mil. Changchai Co's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 was ¥158 Mil. Therefore, Changchai Co's EV-to-EBIT for today is 11.51.

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

SZSE:000570' s EV-to-EBIT Range Over the Past 10 Years
Min: -57.31   Med: 35.7   Max: 103.72
Current: 11.51

During the past 13 years, the highest EV-to-EBIT of Changchai Co was 103.72. The lowest was -57.31. And the median was 35.70.

SZSE:000570's EV-to-EBIT is ranked better than
67.13% of 2367 companies
in the Industrial Products industry
Industry Median: 16.69 vs SZSE:000570: 11.51

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Changchai Co's Enterprise Value for the quarter that ended in Mar. 2024 was ¥2,515 Mil. Changchai Co's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 was ¥158 Mil. Changchai Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 6.28%.


Changchai Co EV-to-EBIT Historical Data

The historical data trend for Changchai 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.

Changchai Co EV-to-EBIT Chart

Changchai 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 60.66 39.30 25.66 26.93 18.33

Changchai 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 17.11 11.72 31.41 18.33 15.92

Competitive Comparison of Changchai Co's EV-to-EBIT

For the Specialty Industrial Machinery subindustry, Changchai 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.


Changchai Co's EV-to-EBIT Distribution in the Industrial Products Industry

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

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



Changchai Co EV-to-EBIT Calculation

Changchai Co's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=1819.171/157.983
=11.51

Changchai Co's current Enterprise Value is ¥1,819 Mil.
Changchai 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 ¥158 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.


Changchai Co  (SZSE:000570) 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) %.

Changchai 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 )
=157.983/2514.81739
=6.28 %

Changchai Co's Enterprise Value for the quarter that ended in Mar. 2024 was ¥2,515 Mil.
Changchai 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 ¥158 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.


Changchai Co EV-to-EBIT Related Terms

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Changchai Co (SZSE:000570) Business Description

Traded in Other Exchanges
Address
123 Huaide Middle Road, Jiangsu Province, Changzhou, CHN, 213002
Changchai Co Ltd is a China-based company engaged in the manufacture and distribution of diesel engines and related spare parts. The company specializes in the manufacture and sale of diesel engines, diesel engine fittings, and castings, gasoline engines, gasoline engine fittings, cereal harvesting machinery, rotovators, walking tractors, molds, and jigs as well as the assembly and sale of the diesel engine and gasoline engine supporting sets. It mainly manufactures and sells small and medium-sized single-cylinder and multi-cylinder diesel engines under the brand of Changchai, which are often used in tractors, combine-harvesters, light commercial vehicles, agriculture equipment, small-sized engineering machinery, generator sets, and ship machines.
Executives
Xu Qian Director
Zhang Jun Yuan Director
Wu Ke Yun Supervisors
Lu Gang Director
Lv Wei Min Supervisors
Lu Zhong Gui Supervisors

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