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China Aerospace Times Electronic Co (SHSE:600879) EV-to-EBIT : 34.63 (As of May. 16, 2024)


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What is China Aerospace Times Electronic Co EV-to-EBIT?

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, China Aerospace Times Electronic Co's Enterprise Value is ¥25,012 Mil. China Aerospace Times Electronic Co's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 was ¥722 Mil. Therefore, China Aerospace Times Electronic Co's EV-to-EBIT for today is 34.63.

The historical rank and industry rank for China Aerospace Times Electronic Co's EV-to-EBIT or its related term are showing as below:

SHSE:600879' s EV-to-EBIT Range Over the Past 10 Years
Min: 15.84   Med: 28.58   Max: 67.69
Current: 34.35

During the past 13 years, the highest EV-to-EBIT of China Aerospace Times Electronic Co was 67.69. The lowest was 15.84. And the median was 28.58.

SHSE:600879's EV-to-EBIT is ranked worse than
66.07% of 224 companies
in the Aerospace & Defense industry
Industry Median: 26.63 vs SHSE:600879: 34.35

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. China Aerospace Times Electronic Co's Enterprise Value for the quarter that ended in Mar. 2024 was ¥26,795 Mil. China Aerospace Times Electronic Co's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 was ¥722 Mil. China Aerospace Times Electronic Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 2.70%.


China Aerospace Times Electronic Co EV-to-EBIT Historical Data

The historical data trend for China Aerospace Times Electronic 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 Aerospace Times Electronic Co EV-to-EBIT Chart

China Aerospace Times Electronic Co 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 21.88 25.33 29.88 25.45 36.61

China Aerospace Times Electronic Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 29.70 32.00 30.52 36.61 37.10

Competitive Comparison of China Aerospace Times Electronic Co's EV-to-EBIT

For the Aerospace & Defense subindustry, China Aerospace Times Electronic 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 Aerospace Times Electronic Co's EV-to-EBIT Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, China Aerospace Times Electronic Co's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where China Aerospace Times Electronic Co's EV-to-EBIT falls into.



China Aerospace Times Electronic Co EV-to-EBIT Calculation

China Aerospace Times Electronic Co's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=25011.903/722.282
=34.63

China Aerospace Times Electronic Co's current Enterprise Value is ¥25,012 Mil.
China Aerospace Times Electronic Co's EBIT 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 ¥722 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 Aerospace Times Electronic Co  (SHSE:600879) 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 Aerospace Times Electronic Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 is calculated as:

Earnings Yield (Joel Greenblatt) % (Q: Mar. 2024 ) =EBIT / Enterprise Value (Q: Mar. 2024 )
=722.282/26794.72
=2.70 %

China Aerospace Times Electronic Co's Enterprise Value for the quarter that ended in Mar. 2024 was ¥26,795 Mil.
China Aerospace Times Electronic Co's EBIT 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 ¥722 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 Aerospace Times Electronic Co EV-to-EBIT Related Terms

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China Aerospace Times Electronic Co (SHSE:600879) Business Description

Traded in Other Exchanges
N/A
Address
Plant 22MB, High-Tech Park, Economic Technology Development District, Wuhan, CHN, 430056
China Aerospace Times Electronic Co Ltd is a China-based company. It engaged in the manufacturing and distribution of aerospace electronic products. Its products include satellite applications, inertial navigation, Integrated circuit, Drone.

China Aerospace Times Electronic Co (SHSE:600879) Headlines

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