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Akshar Spintex (BOM:541303) EV-to-EBIT : 15.24 (As of May. 27, 2024)


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What is Akshar Spintex EV-to-EBIT?

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Akshar Spintex's Enterprise Value is ₹986 Mil. Akshar Spintex's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was ₹65 Mil. Therefore, Akshar Spintex's EV-to-EBIT for today is 15.24.

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

BOM:541303' s EV-to-EBIT Range Over the Past 10 Years
Min: -198.89   Med: 15.04   Max: 96.09
Current: 15.24

During the past 10 years, the highest EV-to-EBIT of Akshar Spintex was 96.09. The lowest was -198.89. And the median was 15.04.

BOM:541303's EV-to-EBIT is ranked worse than
52.17% of 828 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 14.8 vs BOM:541303: 15.24

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Akshar Spintex's Enterprise Value for the quarter that ended in Dec. 2023 was ₹1,090 Mil. Akshar Spintex's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was ₹65 Mil. Akshar Spintex's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 5.94%.


Akshar Spintex EV-to-EBIT Historical Data

The historical data trend for Akshar Spintex'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.

Akshar Spintex EV-to-EBIT Chart

Akshar Spintex Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
EV-to-EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 14.63 -26.68 20.96 13.71 -67.34

Akshar Spintex Quarterly Data
Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 -160.64 -67.34 -56.66 28.43 16.85

Competitive Comparison of Akshar Spintex's EV-to-EBIT

For the Textile Manufacturing subindustry, Akshar Spintex'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.


Akshar Spintex's EV-to-EBIT Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Akshar Spintex's EV-to-EBIT distribution charts can be found below:

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



Akshar Spintex EV-to-EBIT Calculation

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

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=985.601/64.692
=15.24

Akshar Spintex's current Enterprise Value is ₹986 Mil.
Akshar Spintex's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹65 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.


Akshar Spintex  (BOM:541303) 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) %.

Akshar Spintex'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 )
=64.692/1089.95540004
=5.94 %

Akshar Spintex's Enterprise Value for the quarter that ended in Dec. 2023 was ₹1,090 Mil.
Akshar Spintex's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹65 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.


Akshar Spintex EV-to-EBIT Related Terms

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


Akshar Spintex (BOM:541303) Business Description

Traded in Other Exchanges
Address
150 Feet Ring Road, C-704, The Imperial Heights, Opposite Big Bazaar, Rajkot, GJ, IND, 360005
Akshar Spintex Ltd is an India based company engaged in manufacturing textile products. The product portfolio of the company includes Natural Cotton, BCI Certified Cotton, Organic Certified Cotton, Viscose, Modal, Carded Cotton Yarn and Melange Yarn, among others.

Akshar Spintex (BOM:541303) Headlines

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