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Ashoka Metcast (BOM:540923) EV-to-EBIT : 8.36 (As of Jun. 08, 2024)


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What is Ashoka Metcast EV-to-EBIT?

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Ashoka Metcast's Enterprise Value is ₹670.2 Mil. Ashoka Metcast's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 was ₹80.2 Mil. Therefore, Ashoka Metcast's EV-to-EBIT for today is 8.36.

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

BOM:540923' s EV-to-EBIT Range Over the Past 10 Years
Min: 4.24   Med: 24.94   Max: 160.31
Current: 8.36

During the past 12 years, the highest EV-to-EBIT of Ashoka Metcast was 160.31. The lowest was 4.24. And the median was 24.94.

BOM:540923's EV-to-EBIT is ranked better than
66% of 497 companies
in the Steel industry
Industry Median: 11.51 vs BOM:540923: 8.36

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Ashoka Metcast's Enterprise Value for the quarter that ended in Mar. 2024 was ₹630.0 Mil. Ashoka Metcast's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 was ₹80.2 Mil. Ashoka Metcast's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 12.72%.


Ashoka Metcast EV-to-EBIT Historical Data

The historical data trend for Ashoka Metcast'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.

Ashoka Metcast EV-to-EBIT Chart

Ashoka Metcast Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
EV-to-EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 41.15 25.20 9.23 12.10 7.86

Ashoka Metcast Semi-Annual Data
Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24
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 9.23 - 12.10 - 7.86

Competitive Comparison of Ashoka Metcast's EV-to-EBIT

For the Steel subindustry, Ashoka Metcast'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.


Ashoka Metcast's EV-to-EBIT Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Ashoka Metcast's EV-to-EBIT distribution charts can be found below:

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



Ashoka Metcast EV-to-EBIT Calculation

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

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=670.209/80.163
=8.36

Ashoka Metcast's current Enterprise Value is ₹670.2 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Ashoka Metcast's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 was ₹80.2 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.


Ashoka Metcast  (BOM:540923) 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) %.

Ashoka Metcast's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 is calculated as:

Earnings Yield (Joel Greenblatt) % (Q: Mar. 2024 ) =EBIT / Enterprise Value (Q: Mar. 2024 )
=80.163/630.042
=12.72 %

Ashoka Metcast's Enterprise Value for the quarter that ended in Mar. 2024 was ₹630.0 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Ashoka Metcast's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 was ₹80.2 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.


Ashoka Metcast EV-to-EBIT Related Terms

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


Ashoka Metcast (BOM:540923) Business Description

Traded in Other Exchanges
Address
Mithakhali Six Roads, 7th Floor, Ashoka Chambers, Opposite HCG Hospital, Mithakhali, Ahmedabad, GJ, IND, 380006
Ashoka Metcast Ltd is currently engaged in the trading of structural steel and goods. The company has two segments namely Steel Trading and Trading of Goods. The company products are Thermo-Mechanically Treated bars, Angle bars, Mild steel bars, and Steel channels.

Ashoka Metcast (BOM:540923) Headlines

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