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Aveng (JSE:AEG) EV-to-EBIT : 0.21 (As of Jun. 02, 2024)


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What is Aveng EV-to-EBIT?

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Aveng's Enterprise Value is R-210 Mil. Aveng's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was R-988 Mil. Therefore, Aveng's EV-to-EBIT for today is 0.21.

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

JSE:AEG' s EV-to-EBIT Range Over the Past 10 Years
Min: -69.79   Med: -0.39   Max: 229.98
Current: 0.21

During the past 13 years, the highest EV-to-EBIT of Aveng was 229.98. The lowest was -69.79. And the median was -0.39.

JSE:AEG's EV-to-EBIT is ranked better than
96.66% of 1347 companies
in the Construction industry
Industry Median: 11.36 vs JSE:AEG: 0.21

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Aveng's Enterprise Value for the quarter that ended in Dec. 2023 was R122 Mil. Aveng's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was R-988 Mil. Aveng's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was -810.25%.


Aveng EV-to-EBIT Historical Data

The historical data trend for Aveng'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.

Aveng EV-to-EBIT Chart

Aveng Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
EV-to-EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only -1.89 -3.61 1.01 5.88 -1.90

Aveng 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 - 5.88 - -1.90 -

Competitive Comparison of Aveng's EV-to-EBIT

For the Engineering & Construction subindustry, Aveng'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.


Aveng's EV-to-EBIT Distribution in the Construction Industry

For the Construction industry and Industrials sector, Aveng's EV-to-EBIT distribution charts can be found below:

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



Aveng EV-to-EBIT Calculation

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

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=-210.435/-987.841
=0.21

Aveng's current Enterprise Value is R-210 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Aveng's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was R-988 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.


Aveng  (JSE:AEG) 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) %.

Aveng'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 )
=-987.841/121.9178
=-810.25 %

Aveng's Enterprise Value for the quarter that ended in Dec. 2023 was R122 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Aveng's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was R-988 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.


Aveng EV-to-EBIT Related Terms

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


Aveng (JSE:AEG) Business Description

Traded in Other Exchanges
Address
10 The High Street, 3rd Floor, Melrose Arch, Johannesburg, GT, ZAF, 2076
Aveng Ltd is in the construction and engineering business. It has the following segments. The Construction and Engineering segment specializes in the construction and maintenance of tunnels and pipelines, construction and Engineering: South Africa and rest of Africa; and mineral construction. It comprises McConnell Dowell and is divided into Australia, New Zealand, and Pacific, Built Environs, and Southeast Asia. The Mining segment comprises Moolmans and operates in the open cut and underground mining sectors. Construction and Engineering South Africa segment, Other and Eliminations segment comprises corporate services, Africa construction, corporate held investments, including properties and consolidation eliminations, and Manufacturing and Processing segment.

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