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HK Electric Investments and HK Electric Investments (HKSE:02638) EV-to-EBIT

: 18.56 (As of Today)
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EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, HK Electric Investments and HK Electric Investments's Enterprise Value is HK$91,451 Mil. HK Electric Investments and HK Electric Investments's EBIT for the trailing twelve months (TTM) ended in Jun. 2023 was HK$4,927 Mil. Therefore, HK Electric Investments and HK Electric Investments's EV-to-EBIT for today is 18.56.

The historical rank and industry rank for HK Electric Investments and HK Electric Investments's EV-to-EBIT or its related term are showing as below:

HKSE:02638' s EV-to-EBIT Range Over the Past 10 Years
Min: 16.88   Med: 20.71   Max: 27.88
Current: 18.56

During the past 10 years, the highest EV-to-EBIT of HK Electric Investments and HK Electric Investments was 27.88. The lowest was 16.88. And the median was 20.71.

HKSE:02638's EV-to-EBIT is ranked worse than
68.94% of 454 companies
in the Utilities - Regulated industry
Industry Median: 13.36 vs HKSE:02638: 18.56

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. HK Electric Investments and HK Electric Investments's Enterprise Value for the quarter that ended in Jun. 2023 was HK$93,218 Mil. HK Electric Investments and HK Electric Investments's EBIT for the trailing twelve months (TTM) ended in Jun. 2023 was HK$4,927 Mil. HK Electric Investments and HK Electric Investments's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2023 was 5.29%.


HK Electric Investments and HK Electric Investments EV-to-EBIT Historical Data

The historical data trend for HK Electric Investments and HK Electric Investments'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.

HK Electric Investments and HK Electric Investments Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
EV-to-EBIT
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 21.97 26.25 27.16 23.57 21.42

HK Electric Investments and HK Electric Investments Semi-Annual Data
Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23
EV-to-EBIT 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 Premium Member Only Premium Member Only Premium Member Only - 23.57 - 21.42 -

Competitive Comparison

For the Utilities - Regulated Electric subindustry, HK Electric Investments and HK Electric Investments'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.

   

HK Electric Investments and HK Electric Investments EV-to-EBIT Distribution

For the Utilities - Regulated industry and Utilities sector, HK Electric Investments and HK Electric Investments's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where HK Electric Investments and HK Electric Investments's EV-to-EBIT falls in comparison to its industry or sector. The grey bar indicates the EV-to-EBIT's extreme value range as defined by GuruFocus.



HK Electric Investments and HK Electric Investments EV-to-EBIT Calculation

HK Electric Investments and HK Electric Investments's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=91450.538/4927
=18.56

HK Electric Investments and HK Electric Investments's current Enterprise Value is HK$91,451 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. HK Electric Investments and HK Electric Investments's EBIT for the trailing twelve months (TTM) ended in Jun. 2023 was HK$4,927 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.


HK Electric Investments and HK Electric Investments  (HKSE:02638) 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) %.

HK Electric Investments and HK Electric Investments's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2023 is calculated as:

Earnings Yield (Joel Greenblatt) % (Q: Jun. 2023 ) =EBIT / Enterprise Value (Q: Jun. 2023 )
=4927/93217.778
=5.29 %

HK Electric Investments and HK Electric Investments's Enterprise Value for the quarter that ended in Jun. 2023 was HK$93,218 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. HK Electric Investments and HK Electric Investments's EBIT for the trailing twelve months (TTM) ended in Jun. 2023 was HK$4,927 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.


HK Electric Investments and HK Electric Investments EV-to-EBIT Related Terms

Thank you for viewing the detailed overview of HK Electric Investments and HK Electric Investments's EV-to-EBIT provided by GuruFocus.com. Please click on the following links to see related term pages.


HK Electric Investments and HK Electric Investments (HKSE:02638) Business Description

HK Electric Investments and HK Electric Investments logo
Traded in Other Exchanges
Address
44 Kennedy Road, Hong Kong Electric Centre, Hong Kong, HKG
HK ELECTRIC INVESTMENTS LIMITED is a fixed single investment trust in Hong Kong with a focus on the power industry. The Company is a vertically integrated power utility and its operations comprise the generation, transmission, distribution and supply of electricity to Hong Kong Island and Lamma Island. Its principal operating subsidiary is The Hongkong Electric Company, Limited (HEC). HEC's sole power generation facility is the Lamma Power Station which has an aggregate installed capacity of approximately 3,700 megawatt (MW). The Company provides electricity to approximately 568,000 registered customers on Hong Kong Island and Lamma Island.

HK Electric Investments and HK Electric Investments (HKSE:02638) Headlines

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