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Reece (ASX:REH) EV-to-EBIT : 26.94 (As of May. 26, 2024)


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What is Reece EV-to-EBIT?

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Reece's Enterprise Value is A$17,842 Mil. Reece's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was A$662 Mil. Therefore, Reece's EV-to-EBIT for today is 26.94.

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

ASX:REH' s EV-to-EBIT Range Over the Past 10 Years
Min: 12.71   Med: 18.23   Max: 39.61
Current: 26.94

During the past 13 years, the highest EV-to-EBIT of Reece was 39.61. The lowest was 12.71. And the median was 18.23.

ASX:REH's EV-to-EBIT is ranked worse than
87.88% of 132 companies
in the Industrial Distribution industry
Industry Median: 9.765 vs ASX:REH: 26.94

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Reece's Enterprise Value for the quarter that ended in Dec. 2023 was A$15,956 Mil. Reece's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was A$662 Mil. Reece's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 4.15%.


Reece EV-to-EBIT Historical Data

The historical data trend for Reece'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.

Reece EV-to-EBIT Chart

Reece Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
EV-to-EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 18.29 18.44 34.55 18.81 21.82

Reece Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
EV-to-EBIT 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - 18.81 - 21.82 -

Competitive Comparison of Reece's EV-to-EBIT

For the Industrial Distribution subindustry, Reece'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.


Reece's EV-to-EBIT Distribution in the Industrial Distribution Industry

For the Industrial Distribution industry and Industrials sector, Reece's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Reece's EV-to-EBIT falls into.



Reece EV-to-EBIT Calculation

Reece's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=17842.399/662.409
=26.94

Reece's current Enterprise Value is A$17,842 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Reece's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was A$662 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.


Reece  (ASX:REH) 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) %.

Reece's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 is calculated as:

Earnings Yield (Joel Greenblatt) % (Q: Dec. 2023 ) =EBIT / Enterprise Value (Q: Dec. 2023 )
=662.409/15956.12076
=4.15 %

Reece's Enterprise Value for the quarter that ended in Dec. 2023 was A$15,956 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Reece's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was A$662 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.


Reece EV-to-EBIT Related Terms

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


Reece (ASX:REH) Business Description

Traded in Other Exchanges
N/A
Address
Private Bag 109, Burwood, Sydney, VIC, AUS, 3125
Reece is an Australian distributor of plumbing supplies and bathroom products, with businesses in Australia, New Zealand, and the United States. Reece Australia holds Australia's largest range of individual plumbing stock-keeping units, supporting plumbing needs for general plumbing, bathrooms, kitchens, heating and air conditioning, irrigation, pools, commercial and government projects, and fire services.In the Australia and New Zealand markets, Reece's professional, or trade, customers are mostly small to medium plumbing businesses working in the areas of residential repairs, renovations, or new home builds.The U.S. business principally serves plumbers working on commercial and residential construction projects and has a network of almost 250 stores in the southern Sun Belt states.

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