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China Testing & Certification International Group Co (SHSE:603060) EV-to-EBIT : 16.55 (As of May. 11, 2024)


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What is China Testing & Certification International Group Co EV-to-EBIT?

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, China Testing & Certification International Group Co's Enterprise Value is ¥7,394 Mil. China Testing & Certification International Group Co's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 was ¥447 Mil. Therefore, China Testing & Certification International Group Co's EV-to-EBIT for today is 16.55.

The historical rank and industry rank for China Testing & Certification International Group Co's EV-to-EBIT or its related term are showing as below:

SHSE:603060' s EV-to-EBIT Range Over the Past 10 Years
Min: 10.92   Med: 26.16   Max: 62.98
Current: 16.72

During the past 13 years, the highest EV-to-EBIT of China Testing & Certification International Group Co was 62.98. The lowest was 10.92. And the median was 26.16.

SHSE:603060's EV-to-EBIT is ranked worse than
63.11% of 843 companies
in the Business Services industry
Industry Median: 12.64 vs SHSE:603060: 16.72

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. China Testing & Certification International Group Co's Enterprise Value for the quarter that ended in Mar. 2024 was ¥8,005 Mil. China Testing & Certification International Group Co's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 was ¥447 Mil. China Testing & Certification International Group Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 5.58%.


China Testing & Certification International Group Co EV-to-EBIT Historical Data

The historical data trend for China Testing & Certification International Group 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 Testing & Certification International Group Co EV-to-EBIT Chart

China Testing & Certification International Group 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 25.76 26.10 30.78 26.37 19.28

China Testing & Certification International Group 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 26.53 23.80 26.78 19.28 17.92

Competitive Comparison of China Testing & Certification International Group Co's EV-to-EBIT

For the Consulting Services subindustry, China Testing & Certification International Group 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 Testing & Certification International Group Co's EV-to-EBIT Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, China Testing & Certification International Group Co's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where China Testing & Certification International Group Co's EV-to-EBIT falls into.



China Testing & Certification International Group Co EV-to-EBIT Calculation

China Testing & Certification International Group Co's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=7393.912/446.68
=16.55

China Testing & Certification International Group Co's current Enterprise Value is ¥7,394 Mil.
China Testing & Certification International Group 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 ¥447 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 Testing & Certification International Group Co  (SHSE:603060) 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 Testing & Certification International Group 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 )
=446.68/8005.19605
=5.58 %

China Testing & Certification International Group Co's Enterprise Value for the quarter that ended in Mar. 2024 was ¥8,005 Mil.
China Testing & Certification International Group 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 ¥447 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 Testing & Certification International Group Co EV-to-EBIT Related Terms

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China Testing & Certification International Group Co (SHSE:603060) Business Description

Traded in Other Exchanges
N/A
Address
No. 1 Guanzhuang Dongli, South Building, Research and Production Area, Chaoyang District, Beijing, CHN, 100024
China Building Material Test & Certification Group Co Ltd provides third-party inspection and certification services in the fields of building materials and construction engineering. Its service offering comprises certification, safety and instrument development services as well as extended services such as energy-saving emission reduction technology services, standardization services, personnel training and occupational skill identification. The company primarily serve the building materials and construction engineering enterprises, solar photovoltaic product production and application enterprises, carbon emission trading units, product quality and technical supervision departments, industrial and commercial management departments and safety production supervision departments.

China Testing & Certification International Group Co (SHSE:603060) Headlines

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