Ice Make Refrigeration (NSE:ICEMAKE) EV-to-EBIT : 29.42 (As of May. 26, 2024)

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What is Ice Make Refrigeration EV-to-EBIT?

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Ice Make Refrigeration's Enterprise Value is ₹8,501 Mil. Ice Make Refrigeration's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was ₹289 Mil. Therefore, Ice Make Refrigeration's EV-to-EBIT for today is 29.42.

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

NSE:ICEMAKE' s EV-to-EBIT Range Over the Past 10 Years
Min: 8.03 Med: 18.71 Max: 169.45
Current: 29.42

During the past 11 years, the highest EV-to-EBIT of Ice Make Refrigeration was 169.45. The lowest was 8.03. And the median was 18.71.

NSE:ICEMAKE's EV-to-EBIT is ranked worse than
74.06% of 2375 companies
in the Industrial Products industry
Industry Median: 16.79 vs NSE:ICEMAKE: 29.42

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Ice Make Refrigeration's Enterprise Value for the quarter that ended in Dec. 2023 was ₹9,959 Mil. Ice Make Refrigeration's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was ₹289 Mil. Ice Make Refrigeration's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 2.90%.

Ice Make Refrigeration EV-to-EBIT Historical Data

The historical data trend for Ice Make Refrigeration'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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Ice Make Refrigeration EV-to-EBIT Chart

Ice Make Refrigeration Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

EV-to-EBIT

Get a 7-Day Free Trial

11.20

7.50

16.06

14.59

14.26

Ice Make Refrigeration 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															15.89	14.26	19.29	13.26	34.47

Competitive Comparison of Ice Make Refrigeration's EV-to-EBIT

For the Specialty Industrial Machinery subindustry, Ice Make Refrigeration'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.

Ice Make Refrigeration's EV-to-EBIT Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Ice Make Refrigeration's EV-to-EBIT distribution charts can be found below:

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

Ice Make Refrigeration EV-to-EBIT Calculation

Ice Make Refrigeration's EV-to-EBIT for today is calculated as:

EV-to-EBIT	=	Enterprise Value (Today)	/	EBIT (TTM)
	=	8500.746	/	288.946
	=	29.42

Ice Make Refrigeration's current Enterprise Value is ₹8,501 Mil.
Ice Make Refrigeration'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 ₹289 Mil.

Ice Make Refrigeration (NSE:ICEMAKE) 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) %.

Ice Make Refrigeration'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 )
	=	288.946	/	9958.8528
	=	2.90 %

Ice Make Refrigeration's Enterprise Value for the quarter that ended in Dec. 2023 was ₹9,959 Mil.
Ice Make Refrigeration'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 ₹289 Mil.

Ice Make Refrigeration EV-to-EBIT Related Terms

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Ice Make Refrigeration (NSE:ICEMAKE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Ice Make Refrigeration Ltd (NSE:ICEMAKE) » Definitions » EV-to-EBIT

Comparable Companies

Traded in Other Exchanges

N/A

Address

226, Gota-Vadsar Road, Dantali Industrial Estate, Taluka Kalol, Dantali, Near Ahmedabad City, Gandhinagar, GJ, IND, 382721

Website

https://www.icemakeindia.com

Ice Make Refrigeration Ltd is a refrigeration equipment manufacturer, engaged in providing cooling solutions. The company's only operating segment being the Manufacturing of Cold Rooms, Freezer, Refrigeration Systems, and chilling Plant. It serves dairy, ice cream, food processing, agriculture, pharmaceuticals, cold chain, logistics, hospitals, hospitality, retail, and other industries. The company's product offering includes Bulk Milk Chiller, Curd Incubation Chamber, Glass Door Display Chiller, Mortuary Chamber, Refrigerated Container, and other related products.

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