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Tong Ming Enterprise Co (TPE:5538) EV-to-EBIT : 19.69 (As of May. 23, 2024)


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What is Tong Ming Enterprise Co EV-to-EBIT?

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Tong Ming Enterprise Co's Enterprise Value is NT$9,318 Mil. Tong Ming Enterprise Co's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 was NT$473 Mil. Therefore, Tong Ming Enterprise Co's EV-to-EBIT for today is 19.69.

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

TPE:5538' s EV-to-EBIT Range Over the Past 10 Years
Min: 4.71   Med: 9.26   Max: 32
Current: 19.68

During the past 13 years, the highest EV-to-EBIT of Tong Ming Enterprise Co was 32.00. The lowest was 4.71. And the median was 9.26.

TPE:5538's EV-to-EBIT is ranked worse than
74.8% of 500 companies
in the Steel industry
Industry Median: 11.56 vs TPE:5538: 19.68

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Tong Ming Enterprise Co's Enterprise Value for the quarter that ended in Mar. 2024 was NT$9,223 Mil. Tong Ming Enterprise Co's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 was NT$473 Mil. Tong Ming Enterprise Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 5.13%.


Tong Ming Enterprise Co EV-to-EBIT Historical Data

The historical data trend for Tong Ming Enterprise 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.

Tong Ming Enterprise Co EV-to-EBIT Chart

Tong Ming Enterprise 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 9.01 11.78 6.43 9.07 32.32

Tong Ming Enterprise 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 12.68 24.32 14.71 32.32 19.49

Competitive Comparison of Tong Ming Enterprise Co's EV-to-EBIT

For the Steel subindustry, Tong Ming Enterprise 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.


Tong Ming Enterprise Co's EV-to-EBIT Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Tong Ming Enterprise Co's EV-to-EBIT distribution charts can be found below:

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



Tong Ming Enterprise Co EV-to-EBIT Calculation

Tong Ming Enterprise Co's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=9317.965/473.213
=19.69

Tong Ming Enterprise Co's current Enterprise Value is NT$9,318 Mil.
Tong Ming Enterprise 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 NT$473 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.


Tong Ming Enterprise Co  (TPE:5538) 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) %.

Tong Ming Enterprise 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 )
=473.213/9222.828
=5.13 %

Tong Ming Enterprise Co's Enterprise Value for the quarter that ended in Mar. 2024 was NT$9,223 Mil.
Tong Ming Enterprise 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 NT$473 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.


Tong Ming Enterprise Co EV-to-EBIT Related Terms

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


Tong Ming Enterprise Co (TPE:5538) Business Description

Traded in Other Exchanges
N/A
Address
No. 88, Changsheng East Road, Economic Development Zone, Zhejiang Province, Jiaxing, CHN, 314003
Tong Ming Enterprise Co Ltd is specialized in manufacturing and selling brand stainless steel fasteners and wires. It derives the maximum revenue from Fasteners products. Geographically, the company operates in China. It serves industries such as curtain wall, high-speed rail, communication, new energy, shipbuilding, and foreign engineering projects.

Tong Ming Enterprise Co (TPE:5538) Headlines

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