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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:
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.
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%.
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.
Inrad Optics Annual Data | |||||||||||||||||||||
Trend | Dec14 | Dec15 | Dec16 | Dec17 | Dec18 | Dec19 | Dec20 | Dec21 | Dec22 | Dec23 | |||||||||||
EV-to-EBIT | Get a 7-Day Free Trial | -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 | 81.49 | 70.75 | 17.51 | 13.71 | 9.16 |
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.
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'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.
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.
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 |
From GuruFocus
By PRNewswire • 04-10-2024
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