GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Globe Textiles (India) Ltd (NSE:GLOBE) » Definitions » EV-to-EBIT

Globe Textiles (India) (NSE:GLOBE) EV-to-EBIT : 10.31 (As of Jun. 05, 2024)


View and export this data going back to 2017. Start your Free Trial

What is Globe Textiles (India) EV-to-EBIT?

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Globe Textiles (India)'s Enterprise Value is ₹1,635 Mil. Globe Textiles (India)'s EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was ₹159 Mil. Therefore, Globe Textiles (India)'s EV-to-EBIT for today is 10.31.

The historical rank and industry rank for Globe Textiles (India)'s EV-to-EBIT or its related term are showing as below:

NSE:GLOBE' s EV-to-EBIT Range Over the Past 10 Years
Min: 2.37   Med: 9.27   Max: 26
Current: 10.31

During the past 12 years, the highest EV-to-EBIT of Globe Textiles (India) was 26.00. The lowest was 2.37. And the median was 9.27.

NSE:GLOBE's EV-to-EBIT is ranked better than
66.14% of 824 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 14.115 vs NSE:GLOBE: 10.31

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Globe Textiles (India)'s Enterprise Value for the quarter that ended in Dec. 2023 was ₹597 Mil. Globe Textiles (India)'s EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was ₹159 Mil. Globe Textiles (India)'s Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 26.56%.


Globe Textiles (India) EV-to-EBIT Historical Data

The historical data trend for Globe Textiles (India)'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.

Globe Textiles (India) EV-to-EBIT Chart

Globe Textiles (India) Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
EV-to-EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.80 8.31 17.25 15.36 9.37

Globe Textiles (India) Quarterly Data
Sep18 Mar19 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 3.95 9.37 3.42 13.85 3.77

Competitive Comparison of Globe Textiles (India)'s EV-to-EBIT

For the Textile Manufacturing subindustry, Globe Textiles (India)'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.


Globe Textiles (India)'s EV-to-EBIT Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Globe Textiles (India)'s EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Globe Textiles (India)'s EV-to-EBIT falls into.



Globe Textiles (India) EV-to-EBIT Calculation

Globe Textiles (India)'s EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=1634.982/158.541
=10.31

Globe Textiles (India)'s current Enterprise Value is ₹1,635 Mil.
Globe Textiles (India)'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 ₹159 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.


Globe Textiles (India)  (NSE:GLOBE) 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) %.

Globe Textiles (India)'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 )
=158.541/597.0079364
=26.56 %

Globe Textiles (India)'s Enterprise Value for the quarter that ended in Dec. 2023 was ₹597 Mil.
Globe Textiles (India)'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 ₹159 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.


Globe Textiles (India) EV-to-EBIT Related Terms

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


Globe Textiles (India) (NSE:GLOBE) Business Description

Traded in Other Exchanges
N/A
Address
Ahmedabad Apparel Park, Plot No. 38 to 41, GIDC Khokhra, Ahmedabad, GJ, IND, 380008
Globe Textiles (India) Ltd manufactures, supplies, and trades textile and apparel products and services from fiber to fashion. The company products include Denim and Non-Denim Fabrics, Shirting Fabrics, Printed Fabrics, Home Textiles, Jeans, and Yarns. The company has its operations in India and outside India.

Globe Textiles (India) (NSE:GLOBE) Headlines

No Headlines