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First Tractor Co (HKSE:00038) EV-to-EBITDA : 5.59 (As of May. 25, 2024)


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What is First Tractor Co EV-to-EBITDA?

EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, First Tractor Co's enterprise value is HK$7,498 Mil. First Tractor Co's EBITDA for the trailing twelve months (TTM) ended in Mar. 2024 was HK$1,341 Mil. Therefore, First Tractor Co's EV-to-EBITDA for today is 5.59.

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

HKSE:00038' s EV-to-EBITDA Range Over the Past 10 Years
Min: -14.51   Med: 5.84   Max: 57.38
Current: 5.65

During the past 13 years, the highest EV-to-EBITDA of First Tractor Co was 57.38. The lowest was -14.51. And the median was 5.84.

HKSE:00038's EV-to-EBITDA is ranked better than
73.56% of 174 companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 9.185 vs HKSE:00038: 5.65

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 (2024-05-25), First Tractor Co's stock price is HK$8.28. First Tractor Co's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2024 was HK$1.070. Therefore, First Tractor Co's PE Ratio for today is 7.74.

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


First Tractor Co EV-to-EBITDA Historical Data

The historical data trend for First Tractor 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.

First Tractor Co EV-to-EBITDA Chart

First Tractor Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EV-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.55 2.78 1.85 0.86 3.26

First Tractor 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-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 -0.19 0.79 0.41 3.26 4.21

Competitive Comparison of First Tractor Co's EV-to-EBITDA

For the Farm & Heavy Construction Machinery subindustry, First Tractor 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.


First Tractor Co's EV-to-EBITDA Distribution in the Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, First Tractor Co's EV-to-EBITDA distribution charts can be found below:

* The bar in red indicates where First Tractor Co's EV-to-EBITDA falls into.



First Tractor Co EV-to-EBITDA Calculation

First Tractor Co's EV-to-EBITDA for today is calculated as:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA (TTM)
=7498.040/1340.86
=5.59

First Tractor Co's current Enterprise Value is HK$7,498 Mil.
First Tractor 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 HK$1,341 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.


First Tractor Co  (HKSE:00038) 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.

First Tractor Co's PE Ratio for today is calculated as:

PE Ratio=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=8.28/1.070
=7.74

First Tractor Co's share price for today is HK$8.28.
First Tractor 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 HK$1.070.

* 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?


First Tractor Co EV-to-EBITDA Related Terms

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


First Tractor Co (HKSE:00038) Business Description

Traded in Other Exchanges
Address
No. 154 Jianshe Road, Henan Province, Luoyang, CHN, 471004
First Tractor Co Ltd is a Chinese company engaged in the agricultural machinery manufacturing industry. Its business scope mainly includes manufacturing and selling agricultural machinery, diesel engines and fuel injections, other machinery, and an operating business of a finance company. It has four reporting divisions. The Agricultural Machinery division, which is the key revenue driver, is responsible for the production and sale of agricultural tractors, harvesters, and others. The power machinery division is mainly responsible for producing and selling diesel engines. The financial business is to handle the member units between the entrusted loans and investment, internal transfer settlement, absorption of member units deposits, and other business.

First Tractor Co (HKSE:00038) Headlines

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