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GuruFocus has detected 5 Warning Signs with China Petroleum & Chemical Corp $SNP.
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China Petroleum & Chemical Corp (NYSE:SNP)
EV-to-EBIT
8.88 (As of Today)

EV/EBIT ratio is calculated as enterprise value divided by its Earnings Before Interest and Taxes (EBIT). As of today, China Petroleum & Chemical Corp's enterprise value is $135,864 Mil. China Petroleum & Chemical Corp's earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2017 was $15,295 Mil. Therefore, China Petroleum & Chemical Corp's EV/EBIT ratio for today is 8.88.

SNP' s EV-to-EBIT Range Over the Past 10 Years
Min: 7.2   Max: 199.2
Current: 9.01

7.2
199.2

During the past 13 years, the highest EV/EBIT Ratio of China Petroleum & Chemical Corp was 199.20. The lowest was 7.20. And the median was 11.90.

SNP's EV-to-EBIT is ranked higher than
97% of the 133 Companies
in the Global Oil & Gas Integrated industry.

( Industry Median: 12.60 vs. SNP: 9.01 )

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt). China Petroleum & Chemical Corp's enterprise value for the quarter that ended in Mar. 2017 was $128,200 Mil. China Petroleum & Chemical Corp's earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2017 was $15,295 Mil. China Petroleum & Chemical Corp's Earnings Yield (Joel Greenblatt) for the quarter that ended in Mar. 2017 was 11.93%.


Definition

China Petroleum & Chemical Corp's EV/EBIT for today is calculated as:

EV/EBIT=Enterprise Value (Today)/Earnings Before Interest and Taxes (EBIT) (TTM)
=135864.410/15295.2883181
=8.88

China Petroleum & Chemical Corp's current Enterprise Value is $135,864 Mil.
China Petroleum & Chemical Corp's Earnings Before Interest and Taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2017 was 3859.95264979 (Jun. 2016 ) + 3011.15408833 (Sep. 2016 ) + 3980.31735021 (Dec. 2016 ) + 4443.86422977 (Mar. 2017 ) = $15,295 Mil.

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.


Explanation

This is a more accurate valuation of companies' operation because it consider 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 Petroleum & Chemical Corp's Earnings Yield (Joel Greenblatt) for the quarter that ended in Mar. 2017 is calculated as:

Earnings Yield (Joel Greenblatt) (Q: Mar. 2017 )=EBIT (TTM)/Enterprise Value (Q: Mar. 2017 )
=15295.2883181/128199.573185
=11.93 %

China Petroleum & Chemical Corp's Enterprise Value for the quarter that ended in Mar. 2017 was $128,200 Mil.
China Petroleum & Chemical Corp's Earnings Before Interest and Taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2017 was 3859.95264979 (Jun. 2016 ) + 3011.15408833 (Sep. 2016 ) + 3980.31735021 (Dec. 2016 ) + 4443.86422977 (Mar. 2017 ) = $15,295 Mil.

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.


Related Terms

Enterprise Value, Earnings Yield (Joel Greenblatt), Earnings Before Interest and Taxes (EBIT)


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

China Petroleum & Chemical Corp Annual Data

Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14Dec15Dec16
ev2ebit 76.93114.397.518.307.188.578.3014.9814.169.55

China Petroleum & Chemical Corp Quarterly Data

Dec14Mar15Jun15Sep15Dec15Mar16Jun16Sep16Dec16Mar17
ev2ebit 14.9818.7916.6318.2914.1611.9414.3711.629.558.66
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