GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Hongfa Technology Co Ltd (SHSE:600885) » Definitions » EV-to-EBIT

Hongfa Technology Co (SHSE:600885) EV-to-EBIT : 12.90 (As of May. 13, 2024)


View and export this data going back to 1996. Start your Free Trial

What is Hongfa Technology Co EV-to-EBIT?

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Hongfa Technology Co's Enterprise Value is ¥30,707 Mil. Hongfa Technology Co's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 was ¥2,380 Mil. Therefore, Hongfa Technology Co's EV-to-EBIT for today is 12.90.

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

SHSE:600885' s EV-to-EBIT Range Over the Past 10 Years
Min: 10.93   Med: 18.45   Max: 36.48
Current: 12.9

During the past 13 years, the highest EV-to-EBIT of Hongfa Technology Co was 36.48. The lowest was 10.93. And the median was 18.45.

SHSE:600885's EV-to-EBIT is ranked better than
63.42% of 2373 companies
in the Industrial Products industry
Industry Median: 17.26 vs SHSE:600885: 12.90

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Hongfa Technology Co's Enterprise Value for the quarter that ended in Mar. 2024 was ¥29,623 Mil. Hongfa Technology Co's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 was ¥2,380 Mil. Hongfa Technology Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 8.03%.


Hongfa Technology Co EV-to-EBIT Historical Data

The historical data trend for Hongfa Technology 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.

Hongfa Technology Co EV-to-EBIT Chart

Hongfa Technology Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EV-to-EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 22.60 31.19 34.49 18.70 13.32

Hongfa Technology 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 17.65 17.01 17.44 13.32 12.45

Competitive Comparison of Hongfa Technology Co's EV-to-EBIT

For the Electrical Equipment & Parts subindustry, Hongfa Technology 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.


Hongfa Technology Co's EV-to-EBIT Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Hongfa Technology Co's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Hongfa Technology Co's EV-to-EBIT falls into.



Hongfa Technology Co EV-to-EBIT Calculation

Hongfa Technology Co's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=30707.148/2379.783
=12.90

Hongfa Technology Co's current Enterprise Value is ¥30,707 Mil.
Hongfa Technology 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 ¥2,380 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.


Hongfa Technology Co  (SHSE:600885) 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) %.

Hongfa Technology 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 )
=2379.783/29623.3606
=8.03 %

Hongfa Technology Co's Enterprise Value for the quarter that ended in Mar. 2024 was ¥29,623 Mil.
Hongfa Technology 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 ¥2,380 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.


Hongfa Technology Co EV-to-EBIT Related Terms

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


Hongfa Technology Co (SHSE:600885) Business Description

Traded in Other Exchanges
N/A
Address
4th fioor ,No.C06,Fengye Roads, Fenghuang Industrial Zone, Fuyong Town,Bao'an District, Shenzhen, CHN
Hongfa Technology Co Ltd is a relay manufacturer in China. It engaged in the manufacturing and sale of electronic components. Its product portfolio includes relays, HV/LV devices, precision parts, automatic production. Hongfa products are widely used in areas as industry, energy, transportation, telecommunication, home appliances, medical care, national defense.

Hongfa Technology Co (SHSE:600885) Headlines

No Headlines