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Rana Gruber ASA (OSL:RANA) EV-to-EBIT : 3.91 (As of Jun. 07, 2024)


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What is Rana Gruber ASA EV-to-EBIT?

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Rana Gruber ASA's Enterprise Value is kr2,691 Mil. Rana Gruber ASA's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 was kr688 Mil. Therefore, Rana Gruber ASA's EV-to-EBIT for today is 3.91.

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

OSL:RANA' s EV-to-EBIT Range Over the Past 10 Years
Min: 1.13   Med: 3.25   Max: 20.99
Current: 3.91

During the past 7 years, the highest EV-to-EBIT of Rana Gruber ASA was 20.99. The lowest was 1.13. And the median was 3.25.

OSL:RANA's EV-to-EBIT is ranked better than
86.72% of 497 companies
in the Steel industry
Industry Median: 11.51 vs OSL:RANA: 3.91

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Rana Gruber ASA's Enterprise Value for the quarter that ended in Mar. 2024 was kr2,906 Mil. Rana Gruber ASA's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 was kr688 Mil. Rana Gruber ASA's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 23.68%.


Rana Gruber ASA EV-to-EBIT Historical Data

The historical data trend for Rana Gruber ASA'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.

Rana Gruber ASA EV-to-EBIT Chart

Rana Gruber ASA Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EV-to-EBIT
Get a 7-Day Free Trial - - 2.12 2.83 4.52

Rana Gruber ASA Quarterly Data
Dec17 Dec18 Sep19 Dec19 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 2.92 2.78 2.76 4.52 4.22

Competitive Comparison of Rana Gruber ASA's EV-to-EBIT

For the Steel subindustry, Rana Gruber ASA'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.


Rana Gruber ASA's EV-to-EBIT Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Rana Gruber ASA's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Rana Gruber ASA's EV-to-EBIT falls into.



Rana Gruber ASA EV-to-EBIT Calculation

Rana Gruber ASA's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=2690.913/688.039
=3.91

Rana Gruber ASA's current Enterprise Value is kr2,691 Mil.
Rana Gruber ASA'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 kr688 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.


Rana Gruber ASA  (OSL:RANA) 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) %.

Rana Gruber ASA'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 )
=688.039/2906.00688
=23.68 %

Rana Gruber ASA's Enterprise Value for the quarter that ended in Mar. 2024 was kr2,906 Mil.
Rana Gruber ASA'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 kr688 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.


Rana Gruber ASA EV-to-EBIT Related Terms

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


Rana Gruber ASA (OSL:RANA) Business Description

Traded in Other Exchanges
Address
Mjolanveien 29, Mo i Rana, NOR, 8622
Rana Gruber ASA is a sustainable iron ore producer in Norway. It is engaged in the excavating, processing and sale of iron oxide in the form of hematite, magnetite and iron oxide pigments. Hematite is used for iron and steel production in smelting plants in Europe and magnetite is used in industrial water purification processes. The iron ore production takes place at the group's iron ore deposits at Ortfjell as open-pit production and underground operation. It produces and sells iron ore concentrate, and mainly serves steel producers and participants in the chemical industry.The majority of revenue from contracts with customers arise from the sale of hematite products.

Rana Gruber ASA (OSL:RANA) Headlines

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