GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Zhejiang Zhongke Magnetic Industry Co Ltd (SZSE:301141) » Definitions » EV-to-EBIT

Zhejiang Zhongke Magnetic Industry Co (SZSE:301141) EV-to-EBIT : 66.69 (As of Jun. 22, 2024)


View and export this data going back to 2023. Start your Free Trial

What is Zhejiang Zhongke Magnetic Industry Co EV-to-EBIT?

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Zhejiang Zhongke Magnetic Industry Co's Enterprise Value is ¥2,925.9 Mil. Zhejiang Zhongke Magnetic Industry Co's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 was ¥43.9 Mil. Therefore, Zhejiang Zhongke Magnetic Industry Co's EV-to-EBIT for today is 66.69.

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

SZSE:301141' s EV-to-EBIT Range Over the Past 10 Years
Min: 24.5   Med: 55.23   Max: 89.53
Current: 66.69

During the past 6 years, the highest EV-to-EBIT of Zhejiang Zhongke Magnetic Industry Co was 89.53. The lowest was 24.50. And the median was 55.23.

SZSE:301141's EV-to-EBIT is ranked worse than
88.72% of 1711 companies
in the Hardware industry
Industry Median: 16.49 vs SZSE:301141: 66.69

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Zhejiang Zhongke Magnetic Industry Co's Enterprise Value for the quarter that ended in Mar. 2024 was ¥3,536.1 Mil. Zhejiang Zhongke Magnetic Industry Co's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 was ¥43.9 Mil. Zhejiang Zhongke Magnetic Industry Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 1.24%.


Zhejiang Zhongke Magnetic Industry Co EV-to-EBIT Historical Data

The historical data trend for Zhejiang Zhongke Magnetic Industry 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 Zhongke Magnetic Industry Co EV-to-EBIT Chart

Zhejiang Zhongke Magnetic Industry Co Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EV-to-EBIT
Get a 7-Day Free Trial - - - - 59.64

Zhejiang Zhongke Magnetic Industry Co Quarterly Data
Dec18 Dec19 Dec20 Mar21 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 Premium Member Only - 53.83 57.10 59.64 80.60

Competitive Comparison of Zhejiang Zhongke Magnetic Industry Co's EV-to-EBIT

For the Electronic Components subindustry, Zhejiang Zhongke Magnetic Industry 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 Zhongke Magnetic Industry Co's EV-to-EBIT Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Zhejiang Zhongke Magnetic Industry Co's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Zhejiang Zhongke Magnetic Industry Co's EV-to-EBIT falls into.



Zhejiang Zhongke Magnetic Industry Co EV-to-EBIT Calculation

Zhejiang Zhongke Magnetic Industry Co's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=2925.882/43.872
=66.69

Zhejiang Zhongke Magnetic Industry Co's current Enterprise Value is ¥2,925.9 Mil.
Zhejiang Zhongke Magnetic Industry 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 ¥43.9 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 Zhongke Magnetic Industry Co  (SZSE:301141) 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 Zhongke Magnetic Industry 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 )
=43.872/3536.13675
=1.24 %

Zhejiang Zhongke Magnetic Industry Co's Enterprise Value for the quarter that ended in Mar. 2024 was ¥3,536.1 Mil.
Zhejiang Zhongke Magnetic Industry 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 ¥43.9 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 Zhongke Magnetic Industry Co EV-to-EBIT Related Terms

Thank you for viewing the detailed overview of Zhejiang Zhongke Magnetic Industry Co's EV-to-EBIT provided by GuruFocus.com. Please click on the following links to see related term pages.


Zhejiang Zhongke Magnetic Industry Co (SZSE:301141) Business Description

Traded in Other Exchanges
N/A
Address
Hengdian Industrial Park, Zhejiang Province, Dongyang, CHN, 322118
Zhejiang Zhongke Magnetic Industry Co Ltd is a high-tech enterprise engaged in the research and development, production and sales of permanent magnet materials. It simultaneously produces two types of permanent magnet materials, sintered NdFeB permanent magnet materials and permanent ferrite magnets.

Zhejiang Zhongke Magnetic Industry Co (SZSE:301141) Headlines

No Headlines