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Weihai Tiangang Instrument Co (BJSE:832651) EV-to-EBITDA : 9.42 (As of Jun. 23, 2024)


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What is Weihai Tiangang Instrument Co EV-to-EBITDA?

EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, Weihai Tiangang Instrument Co's enterprise value is ¥664.7 Mil. Weihai Tiangang Instrument Co's EBITDA for the trailing twelve months (TTM) ended in Mar. 2024 was ¥70.6 Mil. Therefore, Weihai Tiangang Instrument Co's EV-to-EBITDA for today is 9.42.

The historical rank and industry rank for Weihai Tiangang Instrument Co's EV-to-EBITDA or its related term are showing as below:

BJSE:832651' s EV-to-EBITDA Range Over the Past 10 Years
Min: 6.22   Med: 15.71   Max: 30.51
Current: 9.42

During the past 10 years, the highest EV-to-EBITDA of Weihai Tiangang Instrument Co was 30.51. The lowest was 6.22. And the median was 15.71.

BJSE:832651's EV-to-EBITDA is ranked better than
64.17% of 1845 companies
in the Hardware industry
Industry Median: 13.33 vs BJSE:832651: 9.42

EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio to determine the fair market value of a company.

As of today (2024-06-23), Weihai Tiangang Instrument Co's stock price is ¥14.30. Weihai Tiangang Instrument Co's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2024 was ¥0.995. Therefore, Weihai Tiangang Instrument Co's PE Ratio for today is 14.37.

The "classic" EV-to-EBITDA is much better in capturing debt and net cash than the PE Ratio.


Weihai Tiangang Instrument Co EV-to-EBITDA Historical Data

The historical data trend for Weihai Tiangang Instrument Co's EV-to-EBITDA 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.

Weihai Tiangang Instrument Co EV-to-EBITDA Chart

Weihai Tiangang Instrument Co Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
EV-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 14.29 10.97 10.76 8.90 12.63

Weihai Tiangang Instrument Co Quarterly Data
Dec17 Jun18 Dec18 Jun19 Sep19 Dec19 Jun20 Dec20 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
EV-to-EBITDA 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 22.94 6.66 9.66 14.17 9.73

Competitive Comparison of Weihai Tiangang Instrument Co's EV-to-EBITDA

For the Scientific & Technical Instruments subindustry, Weihai Tiangang Instrument Co's EV-to-EBITDA, along with its competitors' market caps and EV-to-EBITDA 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.


Weihai Tiangang Instrument Co's EV-to-EBITDA Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Weihai Tiangang Instrument Co's EV-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Weihai Tiangang Instrument Co's EV-to-EBITDA falls into.



Weihai Tiangang Instrument Co EV-to-EBITDA Calculation

Weihai Tiangang Instrument Co's EV-to-EBITDA for today is calculated as:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA (TTM)
=664.736/70.554
=9.42

Weihai Tiangang Instrument Co's current Enterprise Value is ¥664.7 Mil.
Weihai Tiangang Instrument Co's EBITDA 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 ¥70.6 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.


Weihai Tiangang Instrument Co  (BJSE:832651) EV-to-EBITDA Explanation

EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio to determine the fair market value of a company.

Weihai Tiangang Instrument Co's PE Ratio for today is calculated as:

PE Ratio=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=14.30/0.995
=14.37

Weihai Tiangang Instrument Co's share price for today is ¥14.30.
Weihai Tiangang Instrument Co's Earnings per Share (Diluted) 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 ¥0.995.

* 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.

Study has found that the companies with the lowest EV-to-EBITDA outperforms companies measured as cheap by other ratios such as PE Ratio.

Please read Which price ratio outperforms the enterprise multiple?


Weihai Tiangang Instrument Co EV-to-EBITDA Related Terms

Thank you for viewing the detailed overview of Weihai Tiangang Instrument Co's EV-to-EBITDA provided by GuruFocus.com. Please click on the following links to see related term pages.


Weihai Tiangang Instrument Co (BJSE:832651) Business Description

Traded in Other Exchanges
N/A
Address
No. 28-1, Hengrui Street, Weihai High-tech Industrial Development Zone, Huancui District, Shandong Province, Weihai City, CHN, 264200
Weihai Tiangang Instrument Co Ltd engages in research and development, production, and sales of IoT ultrasonic measuring instruments such as ultrasonic heat meters, ultrasonic flow sensors, data transmission products, and ultrasonic water meters.

Weihai Tiangang Instrument Co (BJSE:832651) Headlines

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