EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Ascent Industries Co's Enterprise Value is $136.0 Mil.
Ascent Industries Co's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was $-41.0 Mil. Therefore, Ascent Industries Co's EV-to-EBIT for today is -3.32.
The historical rank and industry rank for Ascent Industries Co's EV-to-EBIT or its related term are showing as below:
ACNT'
s EV-to-EBIT Range Over the Past 10 Years
Min: -448.83 Med: 7.36 Max: 4105.27
Current: -3.32
During the past 13 years, the highest EV-to-EBIT of Ascent Industries Co was 4105.27. The lowest was -448.83. And the median was 7.36.
ACNT's EV-to-EBIT is ranked worse than 100% of 498
companies
in the Steel industry
Industry Median: 11.07
vs ACNT: -3.32
Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Ascent Industries Co's Enterprise Value for the quarter that ended in Dec. 2023 was $127.5 Mil.
Ascent Industries Co's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was $-41.0 Mil. Ascent Industries Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was -32.17%.
Ascent Industries Co EV-to-EBIT Historical Data
The historical data trend for Ascent Industries 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.
Competitive Comparison of Ascent Industries Co's EV-to-EBIT
For the Steel subindustry, Ascent Industries 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.
Ascent Industries Co's EV-to-EBIT Distribution in the Steel Industry
For the Steel industry and Basic Materials sector, Ascent Industries Co's EV-to-EBIT distribution charts can be found below:
* The bar in red indicates where Ascent Industries Co's EV-to-EBIT falls into.
Ascent Industries Co EV-to-EBIT Calculation
Ascent Industries Co's EV-to-EBIT for today is calculated as:
Ascent Industries Co's current Enterprise Value is $136.0 Mil.
Ascent Industries 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 $-41.0 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.
Ascent Industries Co (NAS:ACNT) 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.
Ascent Industries Co's Enterprise Value for the quarter that ended in Dec. 2023 was $127.5 Mil.
Ascent Industries 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 $-41.0 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.
Ascent Industries Co EV-to-EBIT Related Terms
Thank you for viewing the detailed overview of Ascent Industries Co's EV-to-EBIT provided by GuruFocus.com. Please click on the following links to see related term pages.
Ascent Industries Co (Ascent Industries Co) Business Description
Ascent Industries Co is engaged in the chemical and metal industry. The group operates into two reportable segments namely the Ascent Tubular Products and the Specialty Chemicals Segment. The Tubular Products segment serves markets through pipe and tube and customers in the appliance, architectural, automotive and commercial transportation, brewery, chemical, petrochemical and other industries. The Specialty Chemicals segment produces specialty products for the pulp and paper, coatings, adhesives, sealants and elastomers (CASE), textile, automotive, household and other industries. It manufactures welded pipe and tube, majorly from stainless steel, duplex, and nickel alloys. The company also produces specialty chemicals and dyes used in various end markets.
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