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Zhejiang Hangmin Co (SHSE:600987) EV-to-EBITDA : 4.67 (As of May. 17, 2024)


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What is Zhejiang Hangmin Co EV-to-EBITDA?

EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, Zhejiang Hangmin Co's enterprise value is ¥4,429 Mil. Zhejiang Hangmin Co's EBITDA for the trailing twelve months (TTM) ended in Mar. 2024 was ¥948 Mil. Therefore, Zhejiang Hangmin Co's EV-to-EBITDA for today is 4.67.

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

SHSE:600987' s EV-to-EBITDA Range Over the Past 10 Years
Min: 3.06   Med: 6.84   Max: 16.68
Current: 4.34

During the past 13 years, the highest EV-to-EBITDA of Zhejiang Hangmin Co was 16.68. The lowest was 3.06. And the median was 6.84.

SHSE:600987's EV-to-EBITDA is ranked better than
84.49% of 864 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 11.17 vs SHSE:600987: 4.34

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 (2024-05-17), Zhejiang Hangmin Co's stock price is ¥7.60. Zhejiang Hangmin Co's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2024 was ¥0.654. Therefore, Zhejiang Hangmin Co's PE Ratio for today is 11.62.

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


Zhejiang Hangmin Co EV-to-EBITDA Historical Data

The historical data trend for Zhejiang Hangmin 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.

Zhejiang Hangmin Co EV-to-EBITDA Chart

Zhejiang Hangmin 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 3.89 3.92 3.01 4.20 5.02

Zhejiang Hangmin 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 6.52 6.44 5.40 5.02 4.50

Competitive Comparison of Zhejiang Hangmin Co's EV-to-EBITDA

For the Textile Manufacturing subindustry, Zhejiang Hangmin 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.


Zhejiang Hangmin Co's EV-to-EBITDA Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Zhejiang Hangmin Co's EV-to-EBITDA distribution charts can be found below:

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



Zhejiang Hangmin Co EV-to-EBITDA Calculation

Zhejiang Hangmin Co's EV-to-EBITDA for today is calculated as:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA (TTM)
=4429.074/948.001
=4.67

Zhejiang Hangmin Co's current Enterprise Value is ¥4,429 Mil.
Zhejiang Hangmin 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 ¥948 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.


Zhejiang Hangmin Co  (SHSE:600987) 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.

Zhejiang Hangmin Co's PE Ratio for today is calculated as:

PE Ratio=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=7.60/0.654
=11.62

Zhejiang Hangmin Co's share price for today is ¥7.60.
Zhejiang Hangmin 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 ¥0.654.

* 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?


Zhejiang Hangmin Co EV-to-EBITDA Related Terms

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


Zhejiang Hangmin Co (SHSE:600987) Business Description

Traded in Other Exchanges
N/A
Address
Hangmin Village, Guali Town, Xiaoshan District, Zhejiang province, hangzhou, CHN, 311241
Zhejiang Hangmin Co Ltd in China is engaged in the areas of printing, dyeing, weaving, marine logistics and the production of thermoelectricity business. It mainly produces and exports multi-fiber blended fabrics, high real textile fabrics and printed fabrics. The company's product sold throughout the country and exported to Southeast Asia, the Middle East, North America, the European Union, Hong Kong, Macao and Taiwan and other countries and regions.

Zhejiang Hangmin Co (SHSE:600987) Headlines

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