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Bright Solar (NSE:BRIGHT) EV-to-EBITDA : -4.49 (As of May. 12, 2024)


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What is Bright Solar EV-to-EBITDA?

EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, Bright Solar's enterprise value is ₹176.4 Mil. Bright Solar's EBITDA for the trailing twelve months (TTM) ended in Sep. 2022 was ₹-39.3 Mil. Therefore, Bright Solar's EV-to-EBITDA for today is -4.49.

The historical rank and industry rank for Bright Solar's EV-to-EBITDA or its related term are showing as below:

NSE:BRIGHT's EV-to-EBITDA is not ranked *
in the Semiconductors industry.
Industry Median: 18.79
* Ranked among companies with meaningful EV-to-EBITDA only.

EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio to determine the fair market value of a company.

As of today (2024-05-12), Bright Solar's stock price is ₹8.45. Bright Solar's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Sep. 2022 was ₹-2.110. Therefore, Bright Solar's PE Ratio for today is At Loss.

The "classic" EV-to-EBITDA is much better in capturing debt and net cash than the PE Ratio.


Bright Solar EV-to-EBITDA Historical Data

The historical data trend for Bright Solar's EV-to-EBITDA 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.

Bright Solar EV-to-EBITDA Chart

Bright Solar Annual Data
Trend Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22
EV-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 12.11 14.37 31.56 -1.70

Bright Solar Semi-Annual Data
Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22
EV-to-EBITDA 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 - 31.56 - -1.70 -

Competitive Comparison of Bright Solar's EV-to-EBITDA

For the Solar subindustry, Bright Solar's EV-to-EBITDA, along with its competitors' market caps and EV-to-EBITDA 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.


Bright Solar's EV-to-EBITDA Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Bright Solar's EV-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Bright Solar's EV-to-EBITDA falls into.



Bright Solar EV-to-EBITDA Calculation

Bright Solar's EV-to-EBITDA for today is calculated as:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA (TTM)
=176.356/-39.319
=-4.49

Bright Solar's current Enterprise Value is ₹176.4 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Bright Solar's EBITDA for the trailing twelve months (TTM) ended in Sep. 2022 was ₹-39.3 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.


Bright Solar  (NSE:BRIGHT) EV-to-EBITDA Explanation

EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio to determine the fair market value of a company.

Bright Solar's PE Ratio for today is calculated as:

PE Ratio=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=8.45/-2.110
=At Loss

Bright Solar's share price for today is ₹8.45.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Bright Solar's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Sep. 2022 was ₹-2.110.

* 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.

Study has found that the companies with the lowest EV-to-EBITDA outperforms companies measured as cheap by other ratios such as PE Ratio.

Please read Which price ratio outperforms the enterprise multiple?


Bright Solar EV-to-EBITDA Related Terms

Thank you for viewing the detailed overview of Bright Solar's EV-to-EBITDA provided by GuruFocus.com. Please click on the following links to see related term pages.


Bright Solar (NSE:BRIGHT) Business Description

Traded in Other Exchanges
N/A
Address
Thaltej Cross Road, S.G. Highway, C-602, Titanium Square, Thaltej, Ahmedabad, GJ, IND, 380059
Bright Solar Ltd is engaged in assembling of DC/AC Solar Pumps and Solar Pump Systems. It is also engaged in Engineering, Procurement, and Construction (EPC) contracts for Solar Photovoltaic Water pumps which include supplying, installing, and commissioning the pump system along with a comprehensive maintenance contract. Its product offerings include solar water pumping systems, DC solar pumps, AC solar pumps, bright solar marts, and others. The operating segments of the company are Solar Water Pumping and Other Solar System; Installation of Systems and Consulting of Project Tendering and Infrastructure, and FMCG Sales. The company generates the majority of its revenue from Solar Water Pumping and other system sales.

Bright Solar (NSE:BRIGHT) Headlines

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