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HDFC Asset Management Co (NSE:HDFCAMC) EV-to-EBIT : 31.01 (As of May. 14, 2024)


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What is HDFC Asset Management Co EV-to-EBIT?

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, HDFC Asset Management Co's Enterprise Value is ₹770,542 Mil. HDFC Asset Management Co's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 was ₹24,852 Mil. Therefore, HDFC Asset Management Co's EV-to-EBIT for today is 31.01.

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

NSE:HDFCAMC' s EV-to-EBIT Range Over the Past 10 Years
Min: 18.84   Med: 29.46   Max: 48.01
Current: 31.01

During the past 11 years, the highest EV-to-EBIT of HDFC Asset Management Co was 48.01. The lowest was 18.84. And the median was 29.46.

NSE:HDFCAMC's EV-to-EBIT is ranked worse than
83.06% of 496 companies
in the Asset Management industry
Industry Median: 9.685 vs NSE:HDFCAMC: 31.01

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. HDFC Asset Management Co's Enterprise Value for the quarter that ended in Mar. 2024 was ₹803,600 Mil. HDFC Asset Management Co's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 was ₹24,852 Mil. HDFC Asset Management Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 3.09%.


HDFC Asset Management Co EV-to-EBIT Historical Data

The historical data trend for HDFC Asset Management Co'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.

HDFC Asset Management Co EV-to-EBIT Chart

HDFC Asset Management Co Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
EV-to-EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 27.09 34.80 23.89 18.83 32.34

HDFC Asset Management Co 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 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 18.83 23.73 26.11 29.75 32.34

Competitive Comparison of HDFC Asset Management Co's EV-to-EBIT

For the Asset Management subindustry, HDFC Asset Management Co'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.


HDFC Asset Management Co's EV-to-EBIT Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, HDFC Asset Management Co's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where HDFC Asset Management Co's EV-to-EBIT falls into.



HDFC Asset Management Co EV-to-EBIT Calculation

HDFC Asset Management Co's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=770542.147/24851.5
=31.01

HDFC Asset Management Co's current Enterprise Value is ₹770,542 Mil.
HDFC Asset Management Co'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 ₹24,852 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.


HDFC Asset Management Co  (NSE:HDFCAMC) 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) %.

HDFC Asset Management Co'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 )
=24851.5/803600.3806
=3.09 %

HDFC Asset Management Co's Enterprise Value for the quarter that ended in Mar. 2024 was ₹803,600 Mil.
HDFC Asset Management Co'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 ₹24,852 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.


HDFC Asset Management Co EV-to-EBIT Related Terms

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


HDFC Asset Management Co (NSE:HDFCAMC) Business Description

Traded in Other Exchanges
Address
H.T. Parekh Marg, HDFC House, 2nd Floor, 165-166, Backbay Reclamation, Churchgate, Mumbai, MH, IND, 400 020
HDFC Asset Management Co Ltd is an asset management company. The company is in the business of providing asset management services to HDFC Mutual Fund and portfolio management and advisory services to clients. Geographically, it derives a majority of revenue from within India.

HDFC Asset Management Co (NSE:HDFCAMC) Headlines

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