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Hongli Group (Hongli Group) EV-to-EBIT : 19.36 (As of May. 08, 2024)


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What is Hongli Group EV-to-EBIT?

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Hongli Group's Enterprise Value is $30.49 Mil. Hongli Group's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was $1.58 Mil. Therefore, Hongli Group's EV-to-EBIT for today is 19.36.

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

HLP' s EV-to-EBIT Range Over the Past 10 Years
Min: 8.02   Med: 14.47   Max: 29.91
Current: 19.36

During the past 5 years, the highest EV-to-EBIT of Hongli Group was 29.91. The lowest was 8.02. And the median was 14.47.

HLP's EV-to-EBIT is ranked worse than
72.67% of 494 companies
in the Steel industry
Industry Median: 11.22 vs HLP: 19.36

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Hongli Group's Enterprise Value for the quarter that ended in Dec. 2023 was $28.90 Mil. Hongli Group's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was $1.58 Mil. Hongli Group's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 5.45%.


Hongli Group EV-to-EBIT Historical Data

The historical data trend for Hongli Group'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.

Hongli Group EV-to-EBIT Chart

Hongli Group Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
EV-to-EBIT
- - - - 18.35

Hongli Group Semi-Annual Data
Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
EV-to-EBIT Get a 7-Day Free Trial Premium Member Only - - - - 18.35

Competitive Comparison of Hongli Group's EV-to-EBIT

For the Steel subindustry, Hongli Group'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.


Hongli Group's EV-to-EBIT Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Hongli Group's EV-to-EBIT distribution charts can be found below:

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



Hongli Group EV-to-EBIT Calculation

Hongli Group's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=30.487/1.575
=19.36

Hongli Group's current Enterprise Value is $30.49 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Hongli Group's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was $1.58 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.


Hongli Group  (NAS:HLP) 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) %.

Hongli Group'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 )
=1.575/28.895184
=5.45 %

Hongli Group's Enterprise Value for the quarter that ended in Dec. 2023 was $28.90 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Hongli Group's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was $1.58 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.


Hongli Group EV-to-EBIT Related Terms

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


Hongli Group (Hongli Group) Business Description

Traded in Other Exchanges
N/A
Address
Beisanli Street, Economic Development Zone, Changle County, Weifang, Shandong, CHN, 262400
Hongli Group Inc is a cold roll formed steel profile manufacturer in China. It customizes and manufactures cold roll formed steel profiles for machinery and equipment in a variety of sectors, including but not limited to mining and excavation, construction, agriculture and transportation.

Hongli Group (Hongli Group) Headlines

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