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Qingdao Gaoce Technology Co (SHSE:688556) EV-to-EBITDA : 5.42 (As of May. 03, 2024)


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What is Qingdao Gaoce Technology Co EV-to-EBITDA?

EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, Qingdao Gaoce Technology Co's enterprise value is ¥8,392 Mil. Qingdao Gaoce Technology Co's EBITDA for the trailing twelve months (TTM) ended in Mar. 2024 was ¥1,549 Mil. Therefore, Qingdao Gaoce Technology Co's EV-to-EBITDA for today is 5.42.

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

SHSE:688556' s EV-to-EBITDA Range Over the Past 10 Years
Min: 4.17   Med: 40.81   Max: 98.28
Current: 5.42

During the past 10 years, the highest EV-to-EBITDA of Qingdao Gaoce Technology Co was 98.28. The lowest was 4.17. And the median was 40.81.

SHSE:688556's EV-to-EBITDA is ranked better than
85.37% of 2461 companies
in the Industrial Products industry
Industry Median: 14.25 vs SHSE:688556: 5.42

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 (2024-05-03), Qingdao Gaoce Technology Co's stock price is ¥28.38. Qingdao Gaoce Technology Co's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2024 was ¥3.960. Therefore, Qingdao Gaoce Technology Co's PE Ratio for today is 7.17.

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


Qingdao Gaoce Technology Co EV-to-EBITDA Historical Data

The historical data trend for Qingdao Gaoce Technology 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.

Qingdao Gaoce Technology Co EV-to-EBITDA Chart

Qingdao Gaoce Technology Co Annual Data
Trend Dec13 Dec14 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EV-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 47.73 40.05 15.68 6.02

Qingdao Gaoce Technology 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 13.22 10.82 7.63 6.02 6.00

Competitive Comparison of Qingdao Gaoce Technology Co's EV-to-EBITDA

For the Specialty Industrial Machinery subindustry, Qingdao Gaoce Technology 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.


Qingdao Gaoce Technology Co's EV-to-EBITDA Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Qingdao Gaoce Technology Co's EV-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Qingdao Gaoce Technology Co's EV-to-EBITDA falls into.



Qingdao Gaoce Technology Co EV-to-EBITDA Calculation

Qingdao Gaoce Technology Co's EV-to-EBITDA for today is calculated as:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA (TTM)
=8391.898/1549.471
=5.42

Qingdao Gaoce Technology Co's current Enterprise Value is ¥8,392 Mil.
Qingdao Gaoce Technology 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 ¥1,549 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.


Qingdao Gaoce Technology Co  (SHSE:688556) 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.

Qingdao Gaoce Technology Co's PE Ratio for today is calculated as:

PE Ratio=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=28.38/3.960
=7.17

Qingdao Gaoce Technology Co's share price for today is ¥28.38.
Qingdao Gaoce Technology 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 ¥3.960.

* 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?


Qingdao Gaoce Technology Co EV-to-EBITDA Related Terms

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


Qingdao Gaoce Technology Co (SHSE:688556) Business Description

Traded in Other Exchanges
N/A
Address
No.66 Huoju Zhilu, High-tech Industrial Development Zone, Shandong Province, Qingdao, CHN, 266114
Qingdao Gaoce Technology Co Ltd is engaged in the research and development, production and sales of cutting equipment for hard and brittle materials and cutting tools. The products are mainly used on silicon wafer for photovoltaic industry.

Qingdao Gaoce Technology Co (SHSE:688556) Headlines

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