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Zhejiang Weiming Environment Protection Co (SHSE:603568) EV-to-EBIT : 15.73 (As of Apr. 28, 2024)


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What is Zhejiang Weiming Environment Protection Co EV-to-EBIT?

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Zhejiang Weiming Environment Protection Co's Enterprise Value is ¥38,712 Mil. Zhejiang Weiming Environment Protection Co's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was ¥2,461 Mil. Therefore, Zhejiang Weiming Environment Protection Co's EV-to-EBIT for today is 15.73.

The historical rank and industry rank for Zhejiang Weiming Environment Protection Co's EV-to-EBIT or its related term are showing as below:

SHSE:603568' s EV-to-EBIT Range Over the Past 10 Years
Min: 12.53   Med: 23.83   Max: 96.19
Current: 15.73

During the past 13 years, the highest EV-to-EBIT of Zhejiang Weiming Environment Protection Co was 96.19. The lowest was 12.53. And the median was 23.83.

SHSE:603568's EV-to-EBIT is ranked better than
51.11% of 180 companies
in the Waste Management industry
Industry Median: 16.295 vs SHSE:603568: 15.73

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Zhejiang Weiming Environment Protection Co's Enterprise Value for the quarter that ended in Dec. 2023 was ¥32,661 Mil. Zhejiang Weiming Environment Protection Co's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was ¥2,461 Mil. Zhejiang Weiming Environment Protection Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 7.54%.


Zhejiang Weiming Environment Protection Co EV-to-EBIT Historical Data

The historical data trend for Zhejiang Weiming Environment Protection 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.

Zhejiang Weiming Environment Protection Co EV-to-EBIT Chart

Zhejiang Weiming Environment Protection 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 19.27 16.85 27.78 18.42 13.27

Zhejiang Weiming Environment Protection Co 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 18.42 17.74 16.48 15.16 13.27

Competitive Comparison of Zhejiang Weiming Environment Protection Co's EV-to-EBIT

For the Waste Management subindustry, Zhejiang Weiming Environment Protection 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.


Zhejiang Weiming Environment Protection Co's EV-to-EBIT Distribution in the Waste Management Industry

For the Waste Management industry and Industrials sector, Zhejiang Weiming Environment Protection Co's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Zhejiang Weiming Environment Protection Co's EV-to-EBIT falls into.



Zhejiang Weiming Environment Protection Co EV-to-EBIT Calculation

Zhejiang Weiming Environment Protection Co's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=38712.181/2461.183
=15.73

Zhejiang Weiming Environment Protection Co's current Enterprise Value is ¥38,712 Mil.
Zhejiang Weiming Environment Protection Co'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 ¥2,461 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.


Zhejiang Weiming Environment Protection Co  (SHSE:603568) 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) %.

Zhejiang Weiming Environment Protection Co'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 )
=2461.183/32661.431
=7.54 %

Zhejiang Weiming Environment Protection Co's Enterprise Value for the quarter that ended in Dec. 2023 was ¥32,661 Mil.
Zhejiang Weiming Environment Protection Co'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 ¥2,461 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.


Zhejiang Weiming Environment Protection Co EV-to-EBIT Related Terms

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Zhejiang Weiming Environment Protection Co (SHSE:603568) Business Description

Traded in Other Exchanges
N/A
Address
525 Shifu Road, 16th Floor, Tongren Hengjiu Building, Zhejiang, Wenzhou, CHN, 325088
Zhejiang Weiming Environment Protection Co Ltd is a China-based company engaged in solid waste disposal business. It is focused on solid waste-related technological development, equipment manufacturing and sales, project investment, project construction, and operational management. The company is also engaged in waste incineration power generation projects. The company's products include waste incineration grate, boiler, and flue gas treatment system.

Zhejiang Weiming Environment Protection Co (SHSE:603568) Headlines

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