GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Qingdao Hanhe Cable Co Ltd (SZSE:002498) » Definitions » EV-to-EBIT

Qingdao Hanhe Cable Co (SZSE:002498) EV-to-EBIT

: 12.38 (As of Today)
View and export this data going back to 2010. Start your Free Trial

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Qingdao Hanhe Cable Co's Enterprise Value is ¥12,147 Mil. Qingdao Hanhe Cable Co's EBIT for the trailing twelve months (TTM) ended in Sep. 2023 was ¥981 Mil. Therefore, Qingdao Hanhe Cable Co's EV-to-EBIT for today is 12.38.

The historical rank and industry rank for Qingdao Hanhe Cable Co's EV-to-EBIT or its related term are showing as below:

SZSE:002498' s EV-to-EBIT Range Over the Past 10 Years
Min: 8.35   Med: 19.56   Max: 99.43
Current: 12.38

During the past 13 years, the highest EV-to-EBIT of Qingdao Hanhe Cable Co was 99.43. The lowest was 8.35. And the median was 19.56.

SZSE:002498's EV-to-EBIT is ranked better than
63.19% of 2380 companies
in the Industrial Products industry
Industry Median: 16.2 vs SZSE:002498: 12.38

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Qingdao Hanhe Cable Co's Enterprise Value for the quarter that ended in Sep. 2023 was ¥12,213 Mil. Qingdao Hanhe Cable Co's EBIT for the trailing twelve months (TTM) ended in Sep. 2023 was ¥981 Mil. Qingdao Hanhe Cable Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2023 was 8.03%.


Qingdao Hanhe Cable Co EV-to-EBIT Historical Data

The historical data trend for Qingdao Hanhe Cable 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.

Qingdao Hanhe Cable Co Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
EV-to-EBIT
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 16.89 17.97 18.54 17.94 15.01

Qingdao Hanhe Cable Co Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
EV-to-EBIT 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 Premium Member Only Premium Member Only Premium Member Only 15.06 15.01 13.80 16.05 12.45

Competitive Comparison

For the Electrical Equipment & Parts subindustry, Qingdao Hanhe Cable 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.


Qingdao Hanhe Cable Co EV-to-EBIT Distribution

For the Industrial Products industry and Industrials sector, Qingdao Hanhe Cable Co's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Qingdao Hanhe Cable Co's EV-to-EBIT falls into.



Qingdao Hanhe Cable Co EV-to-EBIT Calculation

Qingdao Hanhe Cable Co's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=12147.214/980.822
=12.38

Qingdao Hanhe Cable Co's current Enterprise Value is ¥12,147 Mil.
Qingdao Hanhe Cable Co's EBIT for the trailing twelve months (TTM) ended in Sep. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was ¥981 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.


Qingdao Hanhe Cable Co  (SZSE:002498) 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) %.

Qingdao Hanhe Cable Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2023 is calculated as:

Earnings Yield (Joel Greenblatt) % (Q: Sep. 2023 ) =EBIT / Enterprise Value (Q: Sep. 2023 )
=980.822/12213.424
=8.03 %

Qingdao Hanhe Cable Co's Enterprise Value for the quarter that ended in Sep. 2023 was ¥12,213 Mil.
Qingdao Hanhe Cable Co's EBIT for the trailing twelve months (TTM) ended in Sep. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was ¥981 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.


Qingdao Hanhe Cable Co EV-to-EBIT Related Terms

Thank you for viewing the detailed overview of Qingdao Hanhe Cable Co's EV-to-EBIT provided by GuruFocus.com. Please click on the following links to see related term pages.


Qingdao Hanhe Cable Co (SZSE:002498) Business Description

Traded in Other Exchanges
N/A
Address
No.6 Lishan(E) Industrial Park, Qingdao, Shandong, CHN, 266102
Qingdao Hanhe Cable Co Ltd is engaged in the research, development, and manufacture of wires and cables in China. The company offers power cables, cable accessories, submarine cables, optical power composite cables, electrical equipment wires and cables, overhead conductors, communication cables, radio-frequency cables, bus bar and prefabricated branch cables, nuclear plant cables, fire-resistant cables, and DC series cables.

Qingdao Hanhe Cable Co (SZSE:002498) Headlines

No Headlines