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Inrad Optics (Inrad Optics) EV-to-EBIT : 8.60 (As of May. 14, 2024)


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What is Inrad Optics EV-to-EBIT?

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Inrad Optics's Enterprise Value is $15.60 Mil. Inrad Optics's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was $1.81 Mil. Therefore, Inrad Optics's EV-to-EBIT for today is 8.60.

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

INRD' s EV-to-EBIT Range Over the Past 10 Years
Min: -495.68   Med: -1.96   Max: 575.13
Current: 8.6

During the past 13 years, the highest EV-to-EBIT of Inrad Optics was 575.13. The lowest was -495.68. And the median was -1.96.

INRD's EV-to-EBIT is ranked better than
75.95% of 1705 companies
in the Hardware industry
Industry Median: 16.24 vs INRD: 8.60

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Inrad Optics's Enterprise Value for the quarter that ended in Dec. 2023 was $16.62 Mil. Inrad Optics's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was $1.81 Mil. Inrad Optics's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 10.92%.


Inrad Optics EV-to-EBIT Historical Data

The historical data trend for Inrad Optics'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.

Inrad Optics EV-to-EBIT Chart

Inrad Optics 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 -31.71 -14.13 9.02 81.49 9.16

Inrad Optics Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 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 81.49 70.75 17.51 13.71 9.16

Competitive Comparison of Inrad Optics's EV-to-EBIT

For the Electronic Components subindustry, Inrad Optics'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.


Inrad Optics's EV-to-EBIT Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Inrad Optics's EV-to-EBIT distribution charts can be found below:

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



Inrad Optics EV-to-EBIT Calculation

Inrad Optics's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=15.602/1.814
=8.60

Inrad Optics's current Enterprise Value is $15.60 Mil.
Inrad Optics'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 $1.81 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.


Inrad Optics  (OTCPK:INRD) 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) %.

Inrad Optics'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 )
=1.814/16.61815
=10.92 %

Inrad Optics's Enterprise Value for the quarter that ended in Dec. 2023 was $16.62 Mil.
Inrad Optics'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 $1.81 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.


Inrad Optics EV-to-EBIT Related Terms

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


Inrad Optics (Inrad Optics) Business Description

Traded in Other Exchanges
N/A
Address
181 Legrand Avenue, Northvale, NJ, USA, 07647
Inrad Optics Inc develops, manufactures and markets products and services for use in photonics industry sectors. It is a vertically integrated manufacturer focusing on crystal-based optical components and devices, custom optical components from both glass and metal, and precision optical and optomechanical assemblies. Its product categories include Optical Components and Laser System Devices/Instrumentation. The company's customers include corporations in the defense, aerospace, laser systems, process control, and metrology sectors of the photonics industry, as well as the United States Government, National Laboratories and universities around the world.
Executives
Dennis G Romano director C/O PHOTONIC PRODUCTS GROUP, INC., 181 LEGRAND AVENUE, NORTHVALE NJ 07647
Norman E. Strandlund director 181 LEGRAND AVENUE, NORTHVALE NJ 07647
Amy Eskilson officer: CEO RIVERCREST CO-OP, 103 GEDNEY ST., APT 1H, NYACK NY 10960
George F Murray officer: VP SALES & MARKETING INRAD OPTICS, INC., 181 LEGRAND AVENUE, NORTHVALE NJ 07647
Thomas Caughey director C/O PHOTONIC PRODUCTS GROUP, INC., 181 LEGRAND AVENUE, NORTHVALE NJ 07647
Theresa A Balog officer: Chief Financial Officer C/O INRAD OPTICS, INC., 181 LEGRAND AVENUE, NORTHVALE NJ 07647
Jan M Winston director 141 LANSDOWNE, WESTPORT CT 06880
John M Duich officer: VP Operations Sarasota C/O PHOTONIC PRODUCTS GROUP, INC., 181 LEGRAND AVENUE, NORTHVALE NJ 07647
Joseph J Rutherford director, officer: President/CEO C/O PHOTONIC PRODUCTS GROUP, INC., 181 LEGRAND AVENUE, NORTHVALE NJ 07647
Miroslav Dosoudil officer: VP Operations C/O PHOTONIC PRODUCTS GROUP, INC., 181 LEGRAND AVENUE, NORTHVALE NJ 07647
John R Ryan officer: VP Sales & Marketing C/O PHOTONIC PRODUCTS GROUP, INC., 181 LEGRAND AVENUE, NORTHVALE NJ 07647
Lavalle Luke P Jr director C/O PHOTONIC PRODUCTS GROUP, INC., 181 LEGRAND AVENUE, NORTHVALE NJ 07647
William Brucker officer: VP, Human Resources C/O PHOTONIC PRODUCTS GROUP, INC., 181 LEGRAND AVENUE, NORTHVALE NJ 07647
William J Foote officer: CHIEF FINANCIAL OFFICER C/O PPGI, 181 LEGRAND AVENUE, NORTHVALE NJ 07647
Daniel Lehrfeld officer: President & CEO 34 GREENWOOD DRIVE, NEW CITY NY 10956

Inrad Optics (Inrad Optics) Headlines