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Meter Instruments Co (SZSE:301006) EV-to-EBIT : 10.19 (As of Jun. 23, 2024)


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What is Meter Instruments Co EV-to-EBIT?

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Meter Instruments Co's Enterprise Value is ¥989.1 Mil. Meter Instruments Co's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 was ¥97.1 Mil. Therefore, Meter Instruments Co's EV-to-EBIT for today is 10.19.

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

SZSE:301006' s EV-to-EBIT Range Over the Past 10 Years
Min: 6.58   Med: 13.59   Max: 21.15
Current: 10.23

During the past 8 years, the highest EV-to-EBIT of Meter Instruments Co was 21.15. The lowest was 6.58. And the median was 13.59.

SZSE:301006's EV-to-EBIT is ranked better than
71.64% of 2373 companies
in the Industrial Products industry
Industry Median: 16.66 vs SZSE:301006: 10.23

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Meter Instruments Co's Enterprise Value for the quarter that ended in Mar. 2024 was ¥1,271.9 Mil. Meter Instruments Co's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 was ¥97.1 Mil. Meter Instruments Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 7.63%.


Meter Instruments Co EV-to-EBIT Historical Data

The historical data trend for Meter Instruments 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.

Meter Instruments Co EV-to-EBIT Chart

Meter Instruments Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EV-to-EBIT
Get a 7-Day Free Trial - - 15.00 11.53 13.70

Meter Instruments Co Quarterly Data
Dec17 Dec18 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 15.97 20.90 16.94 13.70 13.10

Competitive Comparison of Meter Instruments Co's EV-to-EBIT

For the Electrical Equipment & Parts subindustry, Meter Instruments 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.


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

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

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



Meter Instruments Co EV-to-EBIT Calculation

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

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=989.141/97.108
=10.19

Meter Instruments Co's current Enterprise Value is ¥989.1 Mil.
Meter Instruments 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 ¥97.1 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.


Meter Instruments Co  (SZSE:301006) 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) %.

Meter Instruments 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 )
=97.108/1271.88
=7.63 %

Meter Instruments Co's Enterprise Value for the quarter that ended in Mar. 2024 was ¥1,271.9 Mil.
Meter Instruments 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 ¥97.1 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.


Meter Instruments Co EV-to-EBIT Related Terms

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Meter Instruments Co (SZSE:301006) Business Description

Traded in Other Exchanges
N/A
Address
No. 5 Xiyan Road, Binjiang Economic Development Zone, Jiangning, Jiangsu Province, Nanjing, CHN, 211178
Meter Instruments Co Ltd is engaged in the research and development, production and sales of intelligent ultrasonic water meter and heat meter series products.
Executives
Shen Ji Supervisors

Meter Instruments Co (SZSE:301006) Headlines

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