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Changzhou Evergreen Technology Co (SZSE:001324) EV-to-EBIT : 22.93 (As of Jun. 17, 2024)


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What is Changzhou Evergreen Technology Co EV-to-EBIT?

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Changzhou Evergreen Technology Co's Enterprise Value is ¥1,842.1 Mil. Changzhou Evergreen Technology Co's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 was ¥80.3 Mil. Therefore, Changzhou Evergreen Technology Co's EV-to-EBIT for today is 22.93.

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

SZSE:001324' s EV-to-EBIT Range Over the Past 10 Years
Min: 18.71   Med: 27.87   Max: 37.41
Current: 22.93

During the past 6 years, the highest EV-to-EBIT of Changzhou Evergreen Technology Co was 37.41. The lowest was 18.71. And the median was 27.87.

SZSE:001324's EV-to-EBIT is ranked worse than
79.74% of 849 companies
in the Transportation industry
Industry Median: 11.65 vs SZSE:001324: 22.93

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Changzhou Evergreen Technology Co's Enterprise Value for the quarter that ended in Mar. 2024 was ¥2,561.2 Mil. Changzhou Evergreen Technology Co's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 was ¥80.3 Mil. Changzhou Evergreen Technology Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 3.14%.


Changzhou Evergreen Technology Co EV-to-EBIT Historical Data

The historical data trend for Changzhou Evergreen 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.

Changzhou Evergreen Technology Co EV-to-EBIT Chart

Changzhou Evergreen Technology Co Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EV-to-EBIT
Get a 7-Day Free Trial - - - - 34.86

Changzhou Evergreen Technology Co Quarterly Data
Dec18 Dec19 Dec20 Jun21 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 - 25.58 37.89 34.86 31.88

Competitive Comparison of Changzhou Evergreen Technology Co's EV-to-EBIT

For the Railroads subindustry, Changzhou Evergreen 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.


Changzhou Evergreen Technology Co's EV-to-EBIT Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Changzhou Evergreen Technology Co's EV-to-EBIT distribution charts can be found below:

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



Changzhou Evergreen Technology Co EV-to-EBIT Calculation

Changzhou Evergreen Technology Co's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=1842.062/80.329
=22.93

Changzhou Evergreen Technology Co's current Enterprise Value is ¥1,842.1 Mil.
Changzhou Evergreen 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 ¥80.3 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.


Changzhou Evergreen Technology Co  (SZSE:001324) 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) %.

Changzhou Evergreen 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 )
=80.329/2561.187
=3.14 %

Changzhou Evergreen Technology Co's Enterprise Value for the quarter that ended in Mar. 2024 was ¥2,561.2 Mil.
Changzhou Evergreen 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 ¥80.3 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.


Changzhou Evergreen Technology Co EV-to-EBIT Related Terms

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Changzhou Evergreen Technology Co (SZSE:001324) Business Description

Traded in Other Exchanges
N/A
Address
No. 300, Hehai West Road, Xinbei District, Jiangsu, Changzhou, CHN, 213125
Changzhou Evergreen Technology Co Ltd is a high-tech enterprise based on the development and application of sandwich composite materials, mainly providing supporting products and integrated solutions for the interior decoration of rail transit vehicles and building interior and exterior decoration. The company has participated in the formulation of many national and industry standards such as aluminum honeycomb panels and stone honeycomb panels, creating Many industry-leading application cases are the leading enterprises in the development and industrial application of sandwich composite materials in China.

Changzhou Evergreen Technology Co (SZSE:001324) Headlines

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