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Patrick Industries (Patrick Industries) EV-to-EBIT : 13.78 (As of Apr. 25, 2024)


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What is Patrick Industries EV-to-EBIT?

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Patrick Industries's Enterprise Value is $3,586 Mil. Patrick Industries's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was $260 Mil. Therefore, Patrick Industries's EV-to-EBIT for today is 13.78.

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

PATK' s EV-to-EBIT Range Over the Past 10 Years
Min: 4.81   Med: 11.97   Max: 18.13
Current: 13.78

During the past 13 years, the highest EV-to-EBIT of Patrick Industries was 18.13. The lowest was 4.81. And the median was 11.97.

PATK's EV-to-EBIT is ranked worse than
54.14% of 338 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 12.705 vs PATK: 13.78

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Patrick Industries's Enterprise Value for the quarter that ended in Dec. 2023 was $3,419 Mil. Patrick Industries's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was $260 Mil. Patrick Industries's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 7.61%.


Patrick Industries EV-to-EBIT Historical Data

The historical data trend for Patrick Industries'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.

Patrick Industries EV-to-EBIT Chart

Patrick Industries Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EV-to-EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 12.14 14.36 9.15 5.59 13.14

Patrick Industries Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
EV-to-EBIT 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 5.59 7.72 10.75 10.83 13.14

Competitive Comparison of Patrick Industries's EV-to-EBIT

For the Furnishings, Fixtures & Appliances subindustry, Patrick Industries'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.


Patrick Industries's EV-to-EBIT Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Patrick Industries's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Patrick Industries's EV-to-EBIT falls into.



Patrick Industries EV-to-EBIT Calculation

Patrick Industries's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=3586.306/260.2
=13.78

Patrick Industries's current Enterprise Value is $3,586 Mil.
Patrick Industries's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $260 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.


Patrick Industries  (NAS:PATK) 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) %.

Patrick Industries'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 )
=260.2/3419.46821
=7.61 %

Patrick Industries's Enterprise Value for the quarter that ended in Dec. 2023 was $3,419 Mil.
Patrick Industries's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $260 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.


Patrick Industries EV-to-EBIT Related Terms

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


Patrick Industries (Patrick Industries) Business Description

Traded in Other Exchanges
Address
107 West Franklin Street, P.O. Box 638, Elkhart, IN, USA, 46515
Patrick Industries Inc makes and sells building products and materials for recreational vehicles and manufactured housing. The company is organized into two segments based on product type: manufacturing and distribution. The manufacturing segment, which generates the majority of revenue, sells laminated and vinyl products that include furniture, shelving, cabinets, bath fixtures, and countertops. The distribution segment sells prefinished wall and ceiling panels, as well as electrical and plumbing products for the RV and manufactured-housing industries. One of the firm's RV customers makes up a significant portion of revenue. Nearly all of Patrick Industries' revenue comes from North America.
Executives
Andy L Nemeth director, officer: President C/O PATRICK INDUSTRIES, INC.,, P.O. BOX 638, ELKHART IN 46515-0638
Kip B Ellis officer: EVP Operations & COO 107 W. FRANKLIN STREET, P.O. BOX 638, ELKHART IN 46515
Jeff Rodino officer: EVP-Sales, Chief Sales Officer 107 W. FRANKLIN STREET, P.O.BOX 638, ELKHART IN 46515
Todd M Cleveland director, officer: CEO 107 W. FRANKLIN ST., ELKHART IN 46515
Derrick B Mayes director 107 W. FRANKLIN STREET, PO BOX 638, ELKHART IN 46515
Matthew S Filer officer: Interim CFO, Treasurer & PAO 107 W. FRANKLIN STREET, PO BOX 638, ELKHART IN 46515
M Scott Welch director 6 LONGWOOD COURT, ELKHART IN 46516
Stacey L Neu officer: EVP & CHRO C/O SPECTRUM BRANDS HOLDINGS, INC., 3001 DEMING WAY, MIDDLETON WI 53562
Michael A Kitson director 107 W. FRANKLIN STREET, P.O. BOX 638, ELKHART IN 46515
Pamela R Klyn director 107 W. FRANKLIN STREET, PO BOX 638, ELKHART IN 46515
Joel D Duthie officer: Chief Legal Officer/Secretary 107 W. FRANKLIN STREET, PO BOX 638, ELKHART IN 46515
Blosser Courtney officer: Chief Human Resource Officer 107 W. FRANKLIN STREET, P.O.BOX 638, ELKHART IN 46515
Jacob R Petkovich officer: EVP Finance, CFO & Treasurer 107 W. FRANKLIN STREET, PO BOX 638, ELKHART IN 46515
James E Rose other: Principal Accounting Officer 107 W. FRANKLIN STREET, PO BOX 638, ELKHART IN 46515
Joshua A Boone officer: VP - Finance & CFO 107 W. FRANKLIN STREET, P.O. BOX 638, ELKHART IN 46515