EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Midea Group Co's Enterprise Value is ¥464,599 Mil.
Midea Group Co's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was ¥43,085 Mil. Therefore, Midea Group Co's EV-to-EBIT for today is 10.78.
The historical rank and industry rank for Midea Group Co's EV-to-EBIT or its related term are showing as below:
SZSE:000333'
s EV-to-EBIT Range Over the Past 10 Years
Min: 5.42 Med: 10.61 Max: 21.69
Current: 10.78
During the past 13 years, the highest EV-to-EBIT of Midea Group Co was 21.69. The lowest was 5.42. And the median was 10.61.
SZSE:000333's EV-to-EBIT is ranked better than 59.76% of 338
companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 12.705
vs SZSE:000333: 10.78
Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Midea Group Co's Enterprise Value for the quarter that ended in Dec. 2023 was ¥386,455 Mil.
Midea Group Co's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was ¥43,085 Mil. Midea Group Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 11.15%.
Midea Group Co EV-to-EBIT Historical Data
The historical data trend for Midea 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.
Competitive Comparison of Midea Group Co's EV-to-EBIT
For the Furnishings, Fixtures & Appliances subindustry, Midea 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.
Midea Group Co's EV-to-EBIT Distribution in the Furnishings, Fixtures & Appliances Industry
For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Midea Group Co's EV-to-EBIT distribution charts can be found below:
* The bar in red indicates where Midea Group Co's EV-to-EBIT falls into.
Midea Group Co EV-to-EBIT Calculation
Midea Group Co's EV-to-EBIT for today is calculated as:
Midea Group Co's current Enterprise Value is ¥464,599 Mil.
Midea Group 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 ¥43,085 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.
Midea Group Co (SZSE:000333) 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.
Midea Group Co's Enterprise Value for the quarter that ended in Dec. 2023 was ¥386,455 Mil.
Midea Group 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 ¥43,085 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.
Midea Group Co EV-to-EBIT Related Terms
Thank you for viewing the detailed overview of Midea Group Co's EV-to-EBIT provided by GuruFocus.com. Please click on the following links to see related term pages.
Midea Group Co., Ltd. is one of the largest household appliance manufacturers in China, producing air conditioners, refrigerators, washing machines and small household appliances. It is consistently ranked as one of the top three players in China by retail sales in most of the home appliance products. The firm is also involved in industrial automation systems through its 100% stake in Kuka, a leading global player in the industry based in Germany. Heating, ventilation, and air-conditioning, or HVAC, products accounted for 44% of Midea's total revenue in 2022, followed by other consumer appliances (36%) and robotics and automation systems (9%). In addition, more than 40% of the group's sales is ex-China.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
SZSE:000333 has been successfully added to your 