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Dev Information Technology (NSE:DEVIT) EV-to-EBITDA : 17.34 (As of Jun. 09, 2024)


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What is Dev Information Technology EV-to-EBITDA?

EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, Dev Information Technology's enterprise value is ₹2,655 Mil. Dev Information Technology's EBITDA for the trailing twelve months (TTM) ended in Mar. 2024 was ₹153 Mil. Therefore, Dev Information Technology's EV-to-EBITDA for today is 17.34.

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

NSE:DEVIT' s EV-to-EBITDA Range Over the Past 10 Years
Min: 15.32   Med: 27.14   Max: 52.68
Current: 17.34

During the past 12 years, the highest EV-to-EBITDA of Dev Information Technology was 52.68. The lowest was 15.32. And the median was 27.14.

NSE:DEVIT's EV-to-EBITDA is ranked worse than
58.8% of 1857 companies
in the Software industry
Industry Median: 14.11 vs NSE:DEVIT: 17.34

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 (2024-06-09), Dev Information Technology's stock price is ₹114.50. Dev Information Technology's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2024 was ₹4.340. Therefore, Dev Information Technology's PE Ratio for today is 26.38.

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


Dev Information Technology EV-to-EBITDA Historical Data

The historical data trend for Dev Information Technology'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.

Dev Information Technology EV-to-EBITDA Chart

Dev Information Technology Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
EV-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.30 21.38 32.55 15.27 15.54

Dev Information Technology Quarterly Data
Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 15.27 21.00 19.93 26.44 15.54

Competitive Comparison of Dev Information Technology's EV-to-EBITDA

For the Information Technology Services subindustry, Dev Information Technology'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.


Dev Information Technology's EV-to-EBITDA Distribution in the Software Industry

For the Software industry and Technology sector, Dev Information Technology's EV-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Dev Information Technology's EV-to-EBITDA falls into.



Dev Information Technology EV-to-EBITDA Calculation

Dev Information Technology's EV-to-EBITDA for today is calculated as:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA (TTM)
=2655.219/153.111
=17.34

Dev Information Technology's current Enterprise Value is ₹2,655 Mil.
Dev Information Technology's EBITDA for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹153 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.


Dev Information Technology  (NSE:DEVIT) 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.

Dev Information Technology's PE Ratio for today is calculated as:

PE Ratio=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=114.50/4.340
=26.38

Dev Information Technology's share price for today is ₹114.50.
Dev Information Technology's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹4.340.

* 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?


Dev Information Technology EV-to-EBITDA Related Terms

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


Dev Information Technology (NSE:DEVIT) Business Description

Traded in Other Exchanges
Address
Thaltej - Shilaj Road, 14, Aaryans Corporate Park, Near Shilaj Railway Crossing, Thaltej, Ahmedabad, GJ, IND, 380059
Dev Information Technology Ltd is engaged in providing information technology solutions and consultancy services in India. It offers advisory, architecture, implementation, and support services. The company provides various services namely enterprise applications and mobility, infrastructure management, cloud computing, digital services, and licensing among others. It operates in a single segment being IT and IT enabled services.

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