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Persistent Systems (NSE:PERSISTENT) EV-to-EBIT : 35.04 (As of May. 17, 2024)


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What is Persistent Systems EV-to-EBIT?

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Persistent Systems's Enterprise Value is ₹521,239 Mil. Persistent Systems's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 was ₹14,874 Mil. Therefore, Persistent Systems's EV-to-EBIT for today is 35.04.

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

NSE:PERSISTENT' s EV-to-EBIT Range Over the Past 10 Years
Min: 5.47   Med: 12.97   Max: 47.45
Current: 35.05

During the past 13 years, the highest EV-to-EBIT of Persistent Systems was 47.45. The lowest was 5.47. And the median was 12.97.

NSE:PERSISTENT's EV-to-EBIT is ranked worse than
74.05% of 1657 companies
in the Software industry
Industry Median: 18.1 vs NSE:PERSISTENT: 35.05

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Persistent Systems's Enterprise Value for the quarter that ended in Mar. 2024 was ₹590,562 Mil. Persistent Systems's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 was ₹14,874 Mil. Persistent Systems's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 2.52%.


Persistent Systems EV-to-EBIT Historical Data

The historical data trend for Persistent Systems'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.

Persistent Systems EV-to-EBIT Chart

Persistent Systems 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 7.25 21.59 36.95 26.55 39.52

Persistent Systems 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 26.55 28.55 31.01 39.01 39.52

Competitive Comparison of Persistent Systems's EV-to-EBIT

For the Information Technology Services subindustry, Persistent Systems'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.


Persistent Systems's EV-to-EBIT Distribution in the Software Industry

For the Software industry and Technology sector, Persistent Systems's EV-to-EBIT distribution charts can be found below:

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



Persistent Systems EV-to-EBIT Calculation

Persistent Systems's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=521238.552/14874.48
=35.04

Persistent Systems's current Enterprise Value is ₹521,239 Mil.
Persistent Systems'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 ₹14,874 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.


Persistent Systems  (NSE:PERSISTENT) 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) %.

Persistent Systems'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 )
=14874.48/590561.7527
=2.52 %

Persistent Systems's Enterprise Value for the quarter that ended in Mar. 2024 was ₹590,562 Mil.
Persistent Systems'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 ₹14,874 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.


Persistent Systems EV-to-EBIT Related Terms

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Persistent Systems (NSE:PERSISTENT) Business Description

Traded in Other Exchanges
Address
402 Senapati Bapat Road, Bhageerath, Pune, MH, IND, 411 016
Persistent Systems Ltd is an India-based provider of software solution organized in three segments based on end market: Software, Hi-Tech and Emerging Industries; Banking, Financial Services and Insurance; and Healthcare and Life Sciences. Its solutions include cloud life cycle management, Internet of Things, unified endpoint management, endpoint detection and response, and Big Data analytics. The firm also offers product engineering services, platform-based cloud solutions, and Internet Protocol-based products. Most of the firm's revenue gets derived from the Software, Hi-Tech and Emerging Industries segment.

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