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ASNOVA Co (TSE:9223) EV-to-EBIT : 43.36 (As of Jun. 22, 2024)


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What is ASNOVA Co EV-to-EBIT?

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, ASNOVA Co's Enterprise Value is 円12,714 Mil. ASNOVA Co's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was 円293 Mil. Therefore, ASNOVA Co's EV-to-EBIT for today is 43.36.

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

TSE:9223' s EV-to-EBIT Range Over the Past 10 Years
Min: 34.04   Med: 46.5   Max: 125.66
Current: 43.35

During the past 4 years, the highest EV-to-EBIT of ASNOVA Co was 125.66. The lowest was 34.04. And the median was 46.50.

TSE:9223's EV-to-EBIT is ranked worse than
90.04% of 853 companies
in the Business Services industry
Industry Median: 12.34 vs TSE:9223: 43.35

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. ASNOVA Co's Enterprise Value for the quarter that ended in Dec. 2023 was 円12,141 Mil. ASNOVA Co's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was 円293 Mil. ASNOVA Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 2.42%.


ASNOVA Co EV-to-EBIT Historical Data

The historical data trend for ASNOVA 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.

ASNOVA Co EV-to-EBIT Chart

ASNOVA Co Annual Data
Trend Mar20 Mar21 Mar22 Mar23
EV-to-EBIT
- - - 41.45

ASNOVA Co Quarterly Data
Mar20 Mar21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
EV-to-EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 36.40 41.45 44.48 37.18 41.09

Competitive Comparison of ASNOVA Co's EV-to-EBIT

For the Rental & Leasing Services subindustry, ASNOVA 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.


ASNOVA Co's EV-to-EBIT Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, ASNOVA Co's EV-to-EBIT distribution charts can be found below:

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



ASNOVA Co EV-to-EBIT Calculation

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

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=12713.650/293.244
=43.36

ASNOVA Co's current Enterprise Value is 円12,714 Mil.
ASNOVA Co's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was 円293 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.


ASNOVA Co  (TSE:9223) 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) %.

ASNOVA Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 is calculated as:

Earnings Yield (Joel Greenblatt) % (Q: Dec. 2023 ) =EBIT / Enterprise Value (Q: Dec. 2023 )
=293.244/12141.4802
=2.42 %

ASNOVA Co's Enterprise Value for the quarter that ended in Dec. 2023 was 円12,141 Mil.
ASNOVA Co's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was 円293 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.


ASNOVA Co EV-to-EBIT Related Terms

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ASNOVA Co (TSE:9223) Business Description

Traded in Other Exchanges
N/A
Address
4-60 Hiraike-cho, 12 Global Gate 26th Floor, Nakamura-ku, Aichi, Nagoya-shi, JPN, 453-6126
ASNOVA Co Ltd is engaged in the scaffolding rental related business.

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