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Michman Finance (XTAE:MCMN) EV-to-EBIT : 29.24 (As of Jun. 21, 2024)


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What is Michman Finance EV-to-EBIT?

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Michman Finance's Enterprise Value is ₪721.37 Mil. Michman Finance's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 was ₪24.67 Mil. Therefore, Michman Finance's EV-to-EBIT for today is 29.24.

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

XTAE:MCMN' s EV-to-EBIT Range Over the Past 10 Years
Min: 16.04   Med: 21.04   Max: 52.56
Current: 29.24

During the past 5 years, the highest EV-to-EBIT of Michman Finance was 52.56. The lowest was 16.04. And the median was 21.04.

XTAE:MCMN's EV-to-EBIT is ranked worse than
58.55% of 304 companies
in the Credit Services industry
Industry Median: 22.3 vs XTAE:MCMN: 29.24

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Michman Finance's Enterprise Value for the quarter that ended in Mar. 2024 was ₪739.63 Mil. Michman Finance's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 was ₪24.67 Mil. Michman Finance's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 3.34%.


Michman Finance EV-to-EBIT Historical Data

The historical data trend for Michman Finance'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.

Michman Finance EV-to-EBIT Chart

Michman Finance Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22
EV-to-EBIT
- - - 18.67 23.66

Michman Finance Quarterly Data
Dec18 Dec19 Dec20 Dec21 Mar22 Jun22 Dec22 Mar23 Jun23 Mar24
EV-to-EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only 19.33 23.66 31.25 28.46 29.98

Competitive Comparison of Michman Finance's EV-to-EBIT

For the Credit Services subindustry, Michman Finance'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.


Michman Finance's EV-to-EBIT Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Michman Finance's EV-to-EBIT distribution charts can be found below:

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



Michman Finance EV-to-EBIT Calculation

Michman Finance's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=721.367/24.674
=29.24

Michman Finance's current Enterprise Value is ₪721.37 Mil.
Michman Finance'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 ₪24.67 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.


Michman Finance  (XTAE:MCMN) 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) %.

Michman Finance'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 )
=24.674/739.63207
=3.34 %

Michman Finance's Enterprise Value for the quarter that ended in Mar. 2024 was ₪739.63 Mil.
Michman Finance'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 ₪24.67 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.


Michman Finance EV-to-EBIT Related Terms

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


Michman Finance (XTAE:MCMN) Business Description

Traded in Other Exchanges
N/A
Address
BSR Towers 3, 29th Floor, Bnei Brak, ISR, 5126237
Michman Finance Ltd is engaged in providing a variety of loans and non-bank services to businesses. The products of the company comprise Discount checks, Extended license, Import financing, Business Mediation loans, and Extended license, among others.

Michman Finance (XTAE:MCMN) Headlines

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