Balkrishna Industries (NSE:BALKRISIND) EV-to-EBIT : 29.51 (As of May. 24, 2024)

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What is Balkrishna Industries EV-to-EBIT?

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Balkrishna Industries's Enterprise Value is ₹606,177 Mil. Balkrishna Industries's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 was ₹20,539 Mil. Therefore, Balkrishna Industries's EV-to-EBIT for today is 29.51.

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

NSE:BALKRISIND' s EV-to-EBIT Range Over the Past 10 Years
Min: 12.19 Med: 22.98 Max: 75.3
Current: 29.51

During the past 13 years, the highest EV-to-EBIT of Balkrishna Industries was 75.30. The lowest was 12.19. And the median was 22.98.

NSE:BALKRISIND's EV-to-EBIT is ranked worse than
80.41% of 1062 companies
in the Vehicles & Parts industry
Industry Median: 12.345 vs NSE:BALKRISIND: 29.51

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Balkrishna Industries's Enterprise Value for the quarter that ended in Mar. 2024 was ₹463,992 Mil. Balkrishna Industries's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 was ₹20,539 Mil. Balkrishna Industries's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 4.43%.

Balkrishna Industries EV-to-EBIT Historical Data

The historical data trend for Balkrishna Industries'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.

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Balkrishna Industries EV-to-EBIT Chart

Balkrishna Industries Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

EV-to-EBIT

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13.78

21.20

21.65

27.13

22.59

Balkrishna Industries Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
EV-to-EBIT	Get a 7-Day Free Trial															27.13	30.27	34.70	28.26	22.59

Competitive Comparison of Balkrishna Industries's EV-to-EBIT

For the Auto Parts subindustry, Balkrishna Industries'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.

Balkrishna Industries's EV-to-EBIT Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Balkrishna Industries's EV-to-EBIT distribution charts can be found below:

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

Balkrishna Industries EV-to-EBIT Calculation

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

EV-to-EBIT	=	Enterprise Value (Today)	/	EBIT (TTM)
	=	606177.383	/	20538.7
	=	29.51

Balkrishna Industries's current Enterprise Value is ₹606,177 Mil.
Balkrishna Industries's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹20,539 Mil.

Balkrishna Industries (NSE:BALKRISIND) 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) %.

Balkrishna Industries's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 is calculated as:

Earnings Yield (Joel Greenblatt) % (Q: Mar. 2024 )	=	EBIT	/	Enterprise Value (Q: Mar. 2024 )
	=	20538.7	/	463992.14995
	=	4.43 %

Balkrishna Industries's Enterprise Value for the quarter that ended in Mar. 2024 was ₹463,992 Mil.
Balkrishna Industries's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹20,539 Mil.

Balkrishna Industries EV-to-EBIT Related Terms

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Balkrishna Industries (NSE:BALKRISIND) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Balkrishna Industries Ltd (NSE:BALKRISIND) » Definitions » EV-to-EBIT

Traded in Other Exchanges

502355:India

Address

Senapati Bapat Marg, BKT House, C/15, Trade World, Kamala Mills Compound, Lower Parel (West), Mumbai, MH, IND, 400 013

Website

https://www.bkt-tires.com

Balkrishna Industries Ltd is a manufacturer of Off-Highway tires. The company serves original equipment manufacturers and customers in the replacement market. Tire products are utilized in agricultural and forestry, industrial markets, earthmoving, construction, port, mining, ATV, and gardening applications. Based out of India, the majority of Balkrishna's revenue is derived from international markets. Marketing and sales of tire products are conducted through wholly owned subsidiaries located in both Europe and North America.

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