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Maike Tube Industry Holdings (HKSE:01553) EV-to-EBITDA : 2.78 (As of Jun. 20, 2024)


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What is Maike Tube Industry Holdings EV-to-EBITDA?

EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, Maike Tube Industry Holdings's enterprise value is HK$547 Mil. Maike Tube Industry Holdings's EBITDA for the trailing twelve months (TTM) ended in Dec. 2023 was HK$197 Mil. Therefore, Maike Tube Industry Holdings's EV-to-EBITDA for today is 2.78.

The historical rank and industry rank for Maike Tube Industry Holdings's EV-to-EBITDA or its related term are showing as below:

HKSE:01553' s EV-to-EBITDA Range Over the Past 10 Years
Min: 1.55   Med: 3.07   Max: 6.43
Current: 2.78

During the past 8 years, the highest EV-to-EBITDA of Maike Tube Industry Holdings was 6.43. The lowest was 1.55. And the median was 3.07.

HKSE:01553's EV-to-EBITDA is ranked better than
89.66% of 522 companies
in the Steel industry
Industry Median: 9.195 vs HKSE:01553: 2.78

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 (2024-06-20), Maike Tube Industry Holdings's stock price is HK$1.35. Maike Tube Industry Holdings's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2023 was HK$0.383. Therefore, Maike Tube Industry Holdings's PE Ratio for today is 3.52.

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


Maike Tube Industry Holdings EV-to-EBITDA Historical Data

The historical data trend for Maike Tube Industry Holdings'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.

Maike Tube Industry Holdings EV-to-EBITDA Chart

Maike Tube Industry Holdings Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EV-to-EBITDA
Get a 7-Day Free Trial 4.34 3.57 3.44 2.39 2.28

Maike Tube Industry Holdings Semi-Annual Data
Dec16 Dec17 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
EV-to-EBITDA Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 3.44 - 2.39 - 2.28

Competitive Comparison of Maike Tube Industry Holdings's EV-to-EBITDA

For the Steel subindustry, Maike Tube Industry Holdings'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.


Maike Tube Industry Holdings's EV-to-EBITDA Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Maike Tube Industry Holdings's EV-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Maike Tube Industry Holdings's EV-to-EBITDA falls into.



Maike Tube Industry Holdings EV-to-EBITDA Calculation

Maike Tube Industry Holdings's EV-to-EBITDA for today is calculated as:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA (TTM)
=547.495/196.898
=2.78

Maike Tube Industry Holdings's current Enterprise Value is HK$547 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Maike Tube Industry Holdings's EBITDA for the trailing twelve months (TTM) ended in Dec. 2023 was HK$197 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.


Maike Tube Industry Holdings  (HKSE:01553) 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.

Maike Tube Industry Holdings's PE Ratio for today is calculated as:

PE Ratio=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=1.35/0.383
=3.52

Maike Tube Industry Holdings's share price for today is HK$1.35.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Maike Tube Industry Holdings's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2023 was HK$0.383.

* 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?


Maike Tube Industry Holdings EV-to-EBITDA Related Terms

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


Maike Tube Industry Holdings (HKSE:01553) Business Description

Traded in Other Exchanges
N/A
Address
No. 4 Meide Street, Meigui Zone of Industrial Park, Pingyin County, Shandong Province, Jinan, CHN, 250400
Maike Tube Industry Holdings Ltd is an investment holding company. The company, through its subsidiaries, is engaged in the manufacturing of steel pipe products and prefabricated pipe nipple products. Its steel pipe products are made through rolling steel plates and welding the seam and are mainly used for gas, water supply, HVAC, and fire extinguishing. The group offers ERW steel pipes, Standard prefabricated pipe nipples, Spiral Submerged Arc Welded steel pipes, Customised steel pipes, and Design and supply assembled piping systems. It has a business presence in the PRC, the US, Europe, and Other countries of which a majority of revenue is generated from the PRC.
Executives
Zhang Jing Ru 2202 Interest of your spouse
Zhao Pu 2101 Beneficial owner
Kong Linglei 2201 Interest of corporation controlled by you
Ying Stone Holdings Limited 2101 Beneficial owner
Tong Chuang Sheng De Limited 2101 Beneficial owner
Tong Chuang Xing De Limited 2101 Beneficial owner
Shang Hai Heng Yuan Guo Ji Tou Zi You Xian Gong Si 2101 Beneficial owner

Maike Tube Industry Holdings (HKSE:01553) Headlines

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