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Far East Horizon (HKSE:03360) EV-to-EBIT : 28.25 (As of May. 05, 2024)


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What is Far East Horizon EV-to-EBIT?

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Far East Horizon's Enterprise Value is HK$279,414 Mil. Far East Horizon's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was HK$9,892 Mil. Therefore, Far East Horizon's EV-to-EBIT for today is 28.25.

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

HKSE:03360' s EV-to-EBIT Range Over the Past 10 Years
Min: 22.54   Med: 26.83   Max: 33.88
Current: 28.25

During the past 13 years, the highest EV-to-EBIT of Far East Horizon was 33.88. The lowest was 22.54. And the median was 26.83.

HKSE:03360's EV-to-EBIT is ranked worse than
62.75% of 298 companies
in the Credit Services industry
Industry Median: 20.48 vs HKSE:03360: 28.25

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Far East Horizon's Enterprise Value for the quarter that ended in Dec. 2023 was HK$289,489 Mil. Far East Horizon's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was HK$9,892 Mil. Far East Horizon's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 3.42%.


Far East Horizon EV-to-EBIT Historical Data

The historical data trend for Far East Horizon'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.

Far East Horizon EV-to-EBIT Chart

Far East Horizon Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EV-to-EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 24.56 27.03 23.57 25.09 29.26

Far East Horizon Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 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 23.57 - 25.09 - 29.26

Competitive Comparison of Far East Horizon's EV-to-EBIT

For the Credit Services subindustry, Far East Horizon'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.


Far East Horizon's EV-to-EBIT Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Far East Horizon's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Far East Horizon's EV-to-EBIT falls into.



Far East Horizon EV-to-EBIT Calculation

Far East Horizon's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=279413.624/9892.049
=28.25

Far East Horizon's current Enterprise Value is HK$279,414 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Far East Horizon's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was HK$9,892 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.


Far East Horizon  (HKSE:03360) 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) %.

Far East Horizon'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 )
=9892.049/289489.1166
=3.42 %

Far East Horizon's Enterprise Value for the quarter that ended in Dec. 2023 was HK$289,489 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Far East Horizon's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was HK$9,892 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.


Far East Horizon EV-to-EBIT Related Terms

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


Far East Horizon (HKSE:03360) Business Description

Traded in Other Exchanges
Address
1 Austin Road West, Unit 6608, 66th Floor, International Commerce Centre, Kowloon, Hong Kong, HKG
Far East Horizon Ltd is a specialty finance provider. Its services entail integrated finance, investment, trade, advisory and engineering services in healthcare, infrastructure construction, electronic information, packaging, transportation and other sectors. The company operates in two segments. The Financial, lease, and advisory business is the highest revenue-generating segment for the company that deals with the provision of direct finance leasing, sale-leaseback, factoring, entrusted loans, and advisory services. The industrial operation and management business segment deals with the import and export trade and domestic trade of medical equipment, the provision of trade agency services, medical engineering, hospital and healthcare management, and ship brokerage services.

Far East Horizon (HKSE:03360) Headlines

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