GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Zhejiang Hengwei Battery Co Ltd (SZSE:301222) » Definitions » EV-to-EBITDA

Zhejiang Hengwei Battery Co (SZSE:301222) EV-to-EBITDA : 9.02 (As of Jun. 13, 2024)


View and export this data going back to 2022. Start your Free Trial

What is Zhejiang Hengwei Battery Co EV-to-EBITDA?

EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, Zhejiang Hengwei Battery Co's enterprise value is ¥1,322.7 Mil. Zhejiang Hengwei Battery Co's EBITDA for the trailing twelve months (TTM) ended in Mar. 2024 was ¥146.6 Mil. Therefore, Zhejiang Hengwei Battery Co's EV-to-EBITDA for today is 9.02.

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

SZSE:301222' s EV-to-EBITDA Range Over the Past 10 Years
Min: 4.76   Med: 12.42   Max: 18.33
Current: 9.04

During the past 10 years, the highest EV-to-EBITDA of Zhejiang Hengwei Battery Co was 18.33. The lowest was 4.76. And the median was 12.42.

SZSE:301222's EV-to-EBITDA is ranked better than
69.9% of 2452 companies
in the Industrial Products industry
Industry Median: 13.765 vs SZSE:301222: 9.04

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 (2024-06-13), Zhejiang Hengwei Battery Co's stock price is ¥23.91. Zhejiang Hengwei Battery Co's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2024 was ¥1.290. Therefore, Zhejiang Hengwei Battery Co's PE Ratio for today is 18.53.

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


Zhejiang Hengwei Battery Co EV-to-EBITDA Historical Data

The historical data trend for Zhejiang Hengwei Battery 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 Hengwei Battery Co EV-to-EBITDA Chart

Zhejiang Hengwei Battery 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 - - - 9.98 13.13

Zhejiang Hengwei Battery Co Quarterly Data
Jun17 Dec17 Dec18 Dec19 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 12.36 13.48 13.30 13.13 8.98

Competitive Comparison of Zhejiang Hengwei Battery Co's EV-to-EBITDA

For the Electrical Equipment & Parts subindustry, Zhejiang Hengwei Battery 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 Hengwei Battery Co's EV-to-EBITDA Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Zhejiang Hengwei Battery Co's EV-to-EBITDA distribution charts can be found below:

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



Zhejiang Hengwei Battery Co EV-to-EBITDA Calculation

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

EV-to-EBITDA=Enterprise Value (Today)/EBITDA (TTM)
=1322.728/146.586
=9.02

Zhejiang Hengwei Battery Co's current Enterprise Value is ¥1,322.7 Mil.
Zhejiang Hengwei Battery 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 ¥146.6 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 Hengwei Battery Co  (SZSE:301222) 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 Hengwei Battery Co's PE Ratio for today is calculated as:

PE Ratio=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=23.91/1.290
=18.53

Zhejiang Hengwei Battery Co's share price for today is ¥23.91.
Zhejiang Hengwei Battery 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 ¥1.290.

* 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 Hengwei Battery Co EV-to-EBITDA Related Terms

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


Zhejiang Hengwei Battery Co (SZSE:301222) Business Description

Traded in Other Exchanges
N/A
Address
No. 77 Zhengyang West Road, Youchegang, Xiuzhou District, Zhejiang Province, Jiaxing, CHN, 314018
Zhejiang Hengwei Battery Co Ltd is engaged in the production and sales of dry batteries and their accessories, and supporting small household appliances; research and development, manufacturing, sales and related technical services of battery parts and special equipment for battery production; engaged in import and export business.
Executives
Xu Yao Ting Directors, executives

Zhejiang Hengwei Battery Co (SZSE:301222) Headlines

No Headlines