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Zhejiang Weigang Technology Co (SZSE:001256) EV-to-EBIT : 17.60 (As of May. 26, 2024)


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What is Zhejiang Weigang Technology Co EV-to-EBIT?

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Zhejiang Weigang Technology Co's Enterprise Value is ¥1,876.4 Mil. Zhejiang Weigang Technology Co's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 was ¥106.6 Mil. Therefore, Zhejiang Weigang Technology Co's EV-to-EBIT for today is 17.60.

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

SZSE:001256' s EV-to-EBIT Range Over the Past 10 Years
Min: 14.81   Med: 22.77   Max: 26.89
Current: 17.39

During the past 6 years, the highest EV-to-EBIT of Zhejiang Weigang Technology Co was 26.89. The lowest was 14.81. And the median was 22.77.

SZSE:001256's EV-to-EBIT is ranked worse than
52.59% of 2375 companies
in the Industrial Products industry
Industry Median: 16.79 vs SZSE:001256: 17.39

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Zhejiang Weigang Technology Co's Enterprise Value for the quarter that ended in Mar. 2024 was ¥1,813.6 Mil. Zhejiang Weigang Technology Co's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 was ¥106.6 Mil. Zhejiang Weigang Technology Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 5.88%.


Zhejiang Weigang Technology Co EV-to-EBIT Historical Data

The historical data trend for Zhejiang Weigang 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.

Zhejiang Weigang Technology Co EV-to-EBIT Chart

Zhejiang Weigang Technology Co Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EV-to-EBIT
Get a 7-Day Free Trial - - - 35.75 23.82

Zhejiang Weigang Technology Co Quarterly Data
Dec18 Dec19 Dec20 Mar21 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 25.92 23.43 25.11 23.82 17.02

Competitive Comparison of Zhejiang Weigang Technology Co's EV-to-EBIT

For the Specialty Industrial Machinery subindustry, Zhejiang Weigang 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.


Zhejiang Weigang Technology Co's EV-to-EBIT Distribution in the Industrial Products Industry

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

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



Zhejiang Weigang Technology Co EV-to-EBIT Calculation

Zhejiang Weigang Technology Co's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=1876.356/106.582
=17.60

Zhejiang Weigang Technology Co's current Enterprise Value is ¥1,876.4 Mil.
Zhejiang Weigang 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 ¥106.6 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.


Zhejiang Weigang Technology Co  (SZSE:001256) 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) %.

Zhejiang Weigang 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 )
=106.582/1813.61245
=5.88 %

Zhejiang Weigang Technology Co's Enterprise Value for the quarter that ended in Mar. 2024 was ¥1,813.6 Mil.
Zhejiang Weigang 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 ¥106.6 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.


Zhejiang Weigang Technology Co EV-to-EBIT Related Terms

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Zhejiang Weigang Technology Co (SZSE:001256) Business Description

Traded in Other Exchanges
N/A
Address
Songqiao Industrial Zone, Pingyang County, Zhejiang Province, Wenzhou, CHN, 325409
Zhejiang Weigang Technology Co Ltd specialized in manufacturing narrow label printing machines and converting machines.

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