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

: 15.17 (As of Today)
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EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, China Resources Beer (Holdings) Co's Enterprise Value is $14,194 Mil. China Resources Beer (Holdings) Co's EBIT for the trailing twelve months (TTM) ended in Jun. 2023 was $936 Mil. Therefore, China Resources Beer (Holdings) Co's EV-to-EBIT for today is 15.17.

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

CRHKY' s EV-to-EBIT Range Over the Past 10 Years
Min: 9.76   Med: 28.23   Max: 88.69
Current: 15.53

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 28.23.

CRHKY's EV-to-EBIT is ranked worse than
53.42% of 161 companies
in the Beverages - Alcoholic industry
Industry Median: 14.09 vs CRHKY: 15.53

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 Jun. 2023 was $21,477 Mil. China Resources Beer (Holdings) Co's EBIT for the trailing twelve months (TTM) ended in Jun. 2023 was $936 Mil. China Resources Beer (Holdings) Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2023 was 4.36%.


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 Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
EV-to-EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 48.63 54.74 62.71 26.29 26.86

China Resources Beer (Holdings) Co 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 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 - 26.29 - 26.86 -

Competitive Comparison

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 EV-to-EBIT Distribution

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)
=14193.740/935.665
=15.17

China Resources Beer (Holdings) Co's current Enterprise Value is $14,194 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 Jun. 2023 was $936 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.


China Resources Beer (Holdings) Co  (OTCPK:CRHKY) 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 Jun. 2023 is calculated as:

Earnings Yield (Joel Greenblatt) % (Q: Jun. 2023 ) =EBIT / Enterprise Value (Q: Jun. 2023 )
=935.665/21476.515
=4.36 %

China Resources Beer (Holdings) Co's Enterprise Value for the quarter that ended in Jun. 2023 was $21,477 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 Jun. 2023 was $936 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.


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

Thank you for viewing the detailed overview of China Resources Beer (Holdings) Co's EV-to-EBIT provided by GuruFocus.com. Please click on the following links to see related term pages.


China Resources Beer (Holdings) Co (China Resources Beer (Holdings) Co) Business Description

Traded in Other Exchanges
Address
No. 26 Harbour Road, Room 2301 and 2310, 23rd Floor, China Resources Building, Wanchai, Hong Kong, HKG
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 (China Resources Beer (Holdings) Co) Headlines

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