China Resources Beer (Holdings) Co (HKSE:00291) EV-to-EBIT : 14.82 (As of Apr. 27, 2024)

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What is China Resources Beer (Holdings) Co EV-to-EBIT?

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, China Resources Beer (Holdings) Co's Enterprise Value is HK$117,665 Mil. China Resources Beer (Holdings) Co's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was HK$7,941 Mil. Therefore, China Resources Beer (Holdings) Co's EV-to-EBIT for today is 14.82.

The historical rank and industry rank for China Resources Beer (Holdings) Co's EV-to-EBIT or its related term are showing as below:

HKSE:00291' s EV-to-EBIT Range Over the Past 10 Years
Min: 9.76 Med: 28.21 Max: 88.69
Current: 14.43

During the past 13 years, the highest EV-to-EBIT of China Resources Beer (Holdings) Co was 88.69. The lowest was 9.76. And the median was 28.21.

HKSE:00291's EV-to-EBIT is ranked worse than
51.88% of 160 companies
in the Beverages - Alcoholic industry
Industry Median: 14.47 vs HKSE:00291: 14.43

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. China Resources Beer (Holdings) Co's Enterprise Value for the quarter that ended in Dec. 2023 was HK$114,931 Mil. China Resources Beer (Holdings) Co's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was HK$7,941 Mil. China Resources Beer (Holdings) Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 6.91%.

China Resources Beer (Holdings) Co EV-to-EBIT Historical Data

The historical data trend for China Resources Beer (Holdings) Co's EV-to-EBIT 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.

China Resources Beer (Holdings) Co EV-to-EBIT Chart

China Resources Beer (Holdings) Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

EV-to-EBIT

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54.74

62.71

26.29

26.82

14.47

China Resources Beer (Holdings) Co Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
EV-to-EBIT	Get a 7-Day Free Trial															26.29	-	26.82	-	14.47

Competitive Comparison of China Resources Beer (Holdings) Co's EV-to-EBIT

For the Beverages - Brewers subindustry, China Resources Beer (Holdings) Co's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT 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.

China Resources Beer (Holdings) Co's EV-to-EBIT Distribution in the Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, China Resources Beer (Holdings) Co's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where China Resources Beer (Holdings) Co's EV-to-EBIT falls into.

China Resources Beer (Holdings) Co EV-to-EBIT Calculation

China Resources Beer (Holdings) Co's EV-to-EBIT for today is calculated as:

EV-to-EBIT	=	Enterprise Value (Today)	/	EBIT (TTM)
	=	117665.441	/	7940.845
	=	14.82

China Resources Beer (Holdings) Co's current Enterprise Value is HK$117,665 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. China Resources Beer (Holdings) Co's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was HK$7,941 Mil.

China Resources Beer (Holdings) Co (HKSE:00291) EV-to-EBIT Explanation

This is a more accurate valuation of companies' operation because it considers the debt and cash on its balance sheet, and non-operating items such as interest payment, tax, and one-time items are not included in the Operating Income.

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %.

China Resources Beer (Holdings) Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 is calculated as:

Earnings Yield (Joel Greenblatt) % (Q: Dec. 2023 )	=	EBIT	/	Enterprise Value (Q: Dec. 2023 )
	=	7940.845	/	114930.531
	=	6.91 %

China Resources Beer (Holdings) Co's Enterprise Value for the quarter that ended in Dec. 2023 was HK$114,931 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. China Resources Beer (Holdings) Co's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was HK$7,941 Mil.

China Resources Beer (Holdings) Co EV-to-EBIT Related Terms

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China Resources Beer (Holdings) Co (HKSE:00291) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Alcoholic » China Resources Beer (Holdings) Co Ltd (HKSE:00291) » Definitions » EV-to-EBIT

Comparable Companies

Traded in Other Exchanges

CRHKY:USA CHK:Germany

Address

No. 26 Harbour Road, Room 2301 and 2310, 23rd Floor, China Resources Building, Wanchai, Hong Kong, HKG

Website

https://www.crbeer.com.hk

China Resources Beer, or CR Beer, was originally a conglomerate enterprise with operations across retail, beer, food and beverage sectors. In September 2015, the company disposed of all its non-beer businesses and became a pure beer producer. Through a series of mergers and acquisitions, the company retains its leadership position in China's beer industry. Amid the premiumization trend in the domestic beer market, CR beer acquired Heineken China in 2019, which allows CR Beer access to a premium international brand and also leverages its sophisticated distribution network to grow Heineken's sales and market share. CR Beer is now China's largest brewer, with a volume share of about 24%, versus 18% of Tsingtao and 16% of Budweiser APAC, based on Euromonitor data.

China Resources Beer (Holdings) Co (HKSE:00291) Headlines

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