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Cigniti Technologies (BOM:534758) EV-to-EBIT : 19.07 (As of May. 25, 2024)


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What is Cigniti Technologies EV-to-EBIT?

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Cigniti Technologies's Enterprise Value is ₹31,435 Mil. Cigniti Technologies's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 was ₹1,648 Mil. Therefore, Cigniti Technologies's EV-to-EBIT for today is 19.07.

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

BOM:534758' s EV-to-EBIT Range Over the Past 10 Years
Min: -3.07   Med: 10.88   Max: 37.08
Current: 19.07

During the past 13 years, the highest EV-to-EBIT of Cigniti Technologies was 37.08. The lowest was -3.07. And the median was 10.88.

BOM:534758's EV-to-EBIT is ranked worse than
53.22% of 1678 companies
in the Software industry
Industry Median: 17.665 vs BOM:534758: 19.07

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Cigniti Technologies's Enterprise Value for the quarter that ended in Mar. 2024 was ₹30,024 Mil. Cigniti Technologies's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 was ₹1,648 Mil. Cigniti Technologies's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 5.49%.


Cigniti Technologies EV-to-EBIT Historical Data

The historical data trend for Cigniti Technologies'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.

Cigniti Technologies EV-to-EBIT Chart

Cigniti Technologies 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 3.82 4.92 8.34 7.97 13.37

Cigniti Technologies Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Sep23 Dec23 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 Premium Member Only Premium Member Only 7.46 7.97 9.21 15.22 13.37

Competitive Comparison of Cigniti Technologies's EV-to-EBIT

For the Information Technology Services subindustry, Cigniti Technologies'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.


Cigniti Technologies's EV-to-EBIT Distribution in the Software Industry

For the Software industry and Technology sector, Cigniti Technologies's EV-to-EBIT distribution charts can be found below:

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



Cigniti Technologies EV-to-EBIT Calculation

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

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=31434.971/1648.421
=19.07

Cigniti Technologies's current Enterprise Value is ₹31,435 Mil.
Cigniti Technologies's EBIT 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 ₹1,648 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.


Cigniti Technologies  (BOM:534758) 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) %.

Cigniti Technologies'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 )
=1648.421/30023.57665
=5.49 %

Cigniti Technologies's Enterprise Value for the quarter that ended in Mar. 2024 was ₹30,024 Mil.
Cigniti Technologies's EBIT 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 ₹1,648 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.


Cigniti Technologies EV-to-EBIT Related Terms

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Cigniti Technologies (BOM:534758) Business Description

Traded in Other Exchanges
Address
MGR Estates, Dwarakapuri Colony, Suite No. 106 and 107, 6-3-456/C, Punjagutta, Hyderabad, TG, IND, 500082
Cigniti Technologies Ltd is an India-based company engaged in Independent Software Testing Services. Its test offerings include Quality Engineering, Advisory and Transformation, Next Generation Testing, and Core Testing. The company's services include Agile testing, DevOps QA, Service Virtualization, Test Data Management, mobile testing, digital QA, Big Data and analytics testing, e-commerce testing, energy and utilities, medical device testing and game testing. It also provides functional testing, test automation, performance testing, security testing, enterprise resource planning (ERP) testing, regression testing, and globalization testing amongst others.

Cigniti Technologies (BOM:534758) Headlines

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