GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » Howmet Aerospace Inc (XSGO:HWMCL) » Definitions » EV-to-EBIT

Howmet Aerospace (XSGO:HWMCL) EV-to-EBIT : 30.61 (As of May. 15, 2024)


View and export this data going back to 2016. Start your Free Trial

What is Howmet Aerospace EV-to-EBIT?

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Howmet Aerospace's Enterprise Value is CLP33,544,332 Mil. Howmet Aerospace's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 was CLP1,095,992 Mil. Therefore, Howmet Aerospace's EV-to-EBIT for today is 30.61.

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

XSGO:HWMCL' s EV-to-EBIT Range Over the Past 10 Years
Min: 7.16   Med: 23.49   Max: 57.76
Current: 28.57

During the past 10 years, the highest EV-to-EBIT of Howmet Aerospace was 57.76. The lowest was 7.16. And the median was 23.49.

XSGO:HWMCL's EV-to-EBIT is ranked worse than
56.25% of 224 companies
in the Aerospace & Defense industry
Industry Median: 26.26 vs XSGO:HWMCL: 28.57

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Howmet Aerospace's Enterprise Value for the quarter that ended in Mar. 2024 was CLP30,001,212 Mil. Howmet Aerospace's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 was CLP1,095,992 Mil. Howmet Aerospace's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 3.65%.


Howmet Aerospace EV-to-EBIT Historical Data

The historical data trend for Howmet Aerospace'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.

Howmet Aerospace EV-to-EBIT Chart

Howmet Aerospace 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 26.72 32.81 29.34 23.69 21.34

Howmet Aerospace 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 23.86 25.55 20.99 21.34 24.57

Competitive Comparison of Howmet Aerospace's EV-to-EBIT

For the Aerospace & Defense subindustry, Howmet Aerospace'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.


Howmet Aerospace's EV-to-EBIT Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Howmet Aerospace's EV-to-EBIT distribution charts can be found below:

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



Howmet Aerospace EV-to-EBIT Calculation

Howmet Aerospace's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=33544331.635/1095991.557
=30.61

Howmet Aerospace's current Enterprise Value is CLP33,544,332 Mil.
Howmet Aerospace'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 CLP1,095,992 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.


Howmet Aerospace  (XSGO:HWMCL) 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) %.

Howmet Aerospace'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 )
=1095991.557/30001212.015
=3.65 %

Howmet Aerospace's Enterprise Value for the quarter that ended in Mar. 2024 was CLP30,001,212 Mil.
Howmet Aerospace'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 CLP1,095,992 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.


Howmet Aerospace EV-to-EBIT Related Terms

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


Howmet Aerospace (XSGO:HWMCL) Business Description

Traded in Other Exchanges
Address
201 Isabella Street, Suite 200, Pittsburgh, PA, USA, 15212-5872
Howmet Aerospace Inc produces products that are majorly used in aerospace, commercial transportation, and industrial and other markets. The company seeks to provide its customers with innovative solutions through offering differentiated products such as airfoils with advanced cooling and coatings for extreme temperature applications, specially designed fasteners for lightweight composite airframe construction, reduced assembly costs, and lightning strike protection and lightweight aluminum commercial wheels. It has four reportable segments namely, Engine Products, Fastening Systems, Engineered Structures and Forged Wheels.

Howmet Aerospace (XSGO:HWMCL) Headlines

No Headlines