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Solax Power Network Technology (Zhejiang) Co (SHSE:688717) EV-to-EBITDA : 10.60 (As of May. 11, 2024)


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What is Solax Power Network Technology (Zhejiang) Co EV-to-EBITDA?

EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, Solax Power Network Technology (Zhejiang) Co's enterprise value is ¥7,400 Mil. Solax Power Network Technology (Zhejiang) Co's EBITDA for the trailing twelve months (TTM) ended in Mar. 2024 was ¥698 Mil. Therefore, Solax Power Network Technology (Zhejiang) Co's EV-to-EBITDA for today is 10.60.

The historical rank and industry rank for Solax Power Network Technology (Zhejiang) Co's EV-to-EBITDA or its related term are showing as below:

SHSE:688717' s EV-to-EBITDA Range Over the Past 10 Years
Min: 4.86   Med: 5.89   Max: 13.77
Current: 10.6

During the past 5 years, the highest EV-to-EBITDA of Solax Power Network Technology (Zhejiang) Co was 13.77. The lowest was 4.86. And the median was 5.89.

SHSE:688717's EV-to-EBITDA is ranked better than
71.12% of 741 companies
in the Semiconductors industry
Industry Median: 18.79 vs SHSE:688717: 10.60

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 (2024-05-11), Solax Power Network Technology (Zhejiang) Co's stock price is ¥65.66. Solax Power Network Technology (Zhejiang) Co's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2024 was ¥4.770. Therefore, Solax Power Network Technology (Zhejiang) Co's PE Ratio for today is 13.77.

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


Solax Power Network Technology (Zhejiang) Co EV-to-EBITDA Historical Data

The historical data trend for Solax Power Network Technology (Zhejiang) 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.

Solax Power Network Technology (Zhejiang) Co EV-to-EBITDA Chart

Solax Power Network Technology (Zhejiang) Co Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
EV-to-EBITDA
- - - - -

Solax Power Network Technology (Zhejiang) Co Quarterly Data
Dec19 Dec20 Sep21 Dec21 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 - - - - 13.51

Competitive Comparison of Solax Power Network Technology (Zhejiang) Co's EV-to-EBITDA

For the Solar subindustry, Solax Power Network Technology (Zhejiang) 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.


Solax Power Network Technology (Zhejiang) Co's EV-to-EBITDA Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Solax Power Network Technology (Zhejiang) Co's EV-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Solax Power Network Technology (Zhejiang) Co's EV-to-EBITDA falls into.



Solax Power Network Technology (Zhejiang) Co EV-to-EBITDA Calculation

Solax Power Network Technology (Zhejiang) Co's EV-to-EBITDA for today is calculated as:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA (TTM)
=7399.961/698.019
=10.60

Solax Power Network Technology (Zhejiang) Co's current Enterprise Value is ¥7,400 Mil.
Solax Power Network Technology (Zhejiang) 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 ¥698 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.


Solax Power Network Technology (Zhejiang) Co  (SHSE:688717) 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.

Solax Power Network Technology (Zhejiang) Co's PE Ratio for today is calculated as:

PE Ratio=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=65.66/4.770
=13.77

Solax Power Network Technology (Zhejiang) Co's share price for today is ¥65.66.
Solax Power Network Technology (Zhejiang) 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 ¥4.770.

* 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?


Solax Power Network Technology (Zhejiang) Co EV-to-EBITDA Related Terms

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


Solax Power Network Technology (Zhejiang) Co (SHSE:688717) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
No. 333 Lianhua Street, 9th Floor, Tower C, Lianhua Business Center, Xihu District, Zhejiang Province, Hangzhou, CHN, 310063
Solax Power Network Technology (Zhejiang) Co Ltd is engaged in providing photovoltaic energy storage systems and products.

Solax Power Network Technology (Zhejiang) Co (SHSE:688717) Headlines

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