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Shanghai Conant Optical Co (HKSE:02276) EV-to-EBIT : 9.76 (As of Jun. 07, 2024)


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What is Shanghai Conant Optical Co EV-to-EBIT?

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Shanghai Conant Optical Co's Enterprise Value is HK$4,340 Mil. Shanghai Conant Optical Co's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was HK$445 Mil. Therefore, Shanghai Conant Optical Co's EV-to-EBIT for today is 9.76.

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

HKSE:02276' s EV-to-EBIT Range Over the Past 10 Years
Min: 3.68   Med: 5.78   Max: 10.47
Current: 9.76

During the past 6 years, the highest EV-to-EBIT of Shanghai Conant Optical Co was 10.47. The lowest was 3.68. And the median was 5.78.

HKSE:02276's EV-to-EBIT is ranked better than
77.23% of 448 companies
in the Medical Devices & Instruments industry
Industry Median: 19.55 vs HKSE:02276: 9.76

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Shanghai Conant Optical Co's Enterprise Value for the quarter that ended in Dec. 2023 was HK$2,644 Mil. Shanghai Conant Optical Co's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was HK$445 Mil. Shanghai Conant Optical Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 16.82%.


Shanghai Conant Optical Co EV-to-EBIT Historical Data

The historical data trend for Shanghai Conant Optical Co'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.

Shanghai Conant Optical Co EV-to-EBIT Chart

Shanghai Conant Optical Co Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EV-to-EBIT
Get a 7-Day Free Trial - - 5.68 5.55 5.94

Shanghai Conant Optical Co Semi-Annual Data
Dec18 Dec19 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
EV-to-EBIT Get a 7-Day Free Trial Premium Member Only 5.68 - 5.55 - 5.94

Competitive Comparison of Shanghai Conant Optical Co's EV-to-EBIT

For the Medical Instruments & Supplies subindustry, Shanghai Conant Optical Co'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.


Shanghai Conant Optical Co's EV-to-EBIT Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Shanghai Conant Optical Co's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Shanghai Conant Optical Co's EV-to-EBIT falls into.



Shanghai Conant Optical Co EV-to-EBIT Calculation

Shanghai Conant Optical Co's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=4339.630/444.795
=9.76

Shanghai Conant Optical Co's current Enterprise Value is HK$4,340 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Shanghai Conant Optical Co's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was HK$445 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.


Shanghai Conant Optical Co  (HKSE:02276) 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) %.

Shanghai Conant Optical Co'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 )
=444.795/2643.665
=16.82 %

Shanghai Conant Optical Co's Enterprise Value for the quarter that ended in Dec. 2023 was HK$2,644 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Shanghai Conant Optical Co's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was HK$445 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.


Shanghai Conant Optical Co EV-to-EBIT Related Terms

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


Shanghai Conant Optical Co (HKSE:02276) Business Description

Traded in Other Exchanges
N/A
Address
Lane 83, Hongxiang North Road, 1st Floor, Building 36, No. 1-42, Lin-gang Special Area, Pilot Free Trade Zone, Shanghai, CHN
Shanghai Conant Optical Co Ltd is a resin spectacle lens manufacturer in China. The company offers a wide range of resin spectacle lenses to its customers including standardized lenses and customized lenses. The products are mainly resin spectacle lenses with the refractive index of 1.499, 1.56, 1.60, 1.67, and 1.74. The spectacle lenses is also be tinted or coated or cast with various films or coatings for added functionality, such as polarised, photochromic, blue-ray blocking, anti-scratch, anti-reflection and anti-smudge.
Executives
Fei Zhengxiang 2101 Beneficial owner

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