Le Merite Exports (NSE:LEMERITE) EV-to-EBIT : 32.42 (As of Jun. 01, 2024)

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What is Le Merite Exports EV-to-EBIT?

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Le Merite Exports's Enterprise Value is ₹2,570 Mil. Le Merite Exports's EBIT for the trailing twelve months (TTM) ended in Sep. 2023 was ₹79 Mil. Therefore, Le Merite Exports's EV-to-EBIT for today is 32.42.

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

NSE:LEMERITE' s EV-to-EBIT Range Over the Past 10 Years
Min: 6.35 Med: 17.51 Max: 32.56
Current: 32.42

During the past 5 years, the highest EV-to-EBIT of Le Merite Exports was 32.56. The lowest was 6.35. And the median was 17.51.

NSE:LEMERITE's EV-to-EBIT is ranked worse than
80.12% of 825 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 14.48 vs NSE:LEMERITE: 32.42

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Le Merite Exports's Enterprise Value for the quarter that ended in Sep. 2023 was ₹1,671 Mil. Le Merite Exports's EBIT for the trailing twelve months (TTM) ended in Sep. 2023 was ₹79 Mil. Le Merite Exports's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2023 was 4.74%.

Le Merite Exports EV-to-EBIT Historical Data

The historical data trend for Le Merite Exports'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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Le Merite Exports EV-to-EBIT Chart

Le Merite Exports Annual Data

Trend

Mar19

Mar20

Mar21

Mar22

Mar23

EV-to-EBIT

16.71

Le Merite Exports Semi-Annual Data
	Mar19	Mar20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
EV-to-EBIT	Get a 7-Day Free Trial			-	-	-	16.71	-

Competitive Comparison of Le Merite Exports's EV-to-EBIT

For the Textile Manufacturing subindustry, Le Merite Exports'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.

Le Merite Exports's EV-to-EBIT Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Le Merite Exports's EV-to-EBIT distribution charts can be found below:

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

Le Merite Exports EV-to-EBIT Calculation

Le Merite Exports's EV-to-EBIT for today is calculated as:

EV-to-EBIT	=	Enterprise Value (Today)	/	EBIT (TTM)
	=	2570.491	/	79.282
	=	32.42

Le Merite Exports's current Enterprise Value is ₹2,570 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Le Merite Exports's EBIT for the trailing twelve months (TTM) ended in Sep. 2023 was ₹79 Mil.

Le Merite Exports (NSE:LEMERITE) 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) %.

Le Merite Exports's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2023 is calculated as:

Earnings Yield (Joel Greenblatt) % (Q: Sep. 2023 )	=	EBIT	/	Enterprise Value (Q: Sep. 2023 )
	=	79.282	/	1671.1582
	=	4.74 %

Le Merite Exports's Enterprise Value for the quarter that ended in Sep. 2023 was ₹1,671 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Le Merite Exports's EBIT for the trailing twelve months (TTM) ended in Sep. 2023 was ₹79 Mil.

Le Merite Exports EV-to-EBIT Related Terms

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

Le Merite Exports (NSE:LEMERITE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Le Merite Exports Ltd (NSE:LEMERITE) » Definitions » EV-to-EBIT

Traded in Other Exchanges

N/A

Address

1 st Floor, Chandivali Farm Road, B1-104D, Boomerang, Powai, Andheri- East, Mumbai, MH, IND, 400072

Website

https://www.lemeriteexports.com

Le Merite Exports Ltd is engaged in the manufacturing and trading of textile products namely cotton yarn, greige fabric, and finished fabric for domestic and export sales. The reportable segment for the Company is Textile Business.

Le Merite Exports (NSE:LEMERITE) Headlines

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