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Shandong Linglong Tyre Co (SHSE:601966) EV-to-EBIT : 20.05 (As of May. 12, 2024)


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What is Shandong Linglong Tyre Co EV-to-EBIT?

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Shandong Linglong Tyre Co's Enterprise Value is ¥42,089 Mil. Shandong Linglong Tyre Co's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 was ¥2,100 Mil. Therefore, Shandong Linglong Tyre Co's EV-to-EBIT for today is 20.05.

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

SHSE:601966' s EV-to-EBIT Range Over the Past 10 Years
Min: 12.76   Med: 21.91   Max: 521.5
Current: 20.05

During the past 13 years, the highest EV-to-EBIT of Shandong Linglong Tyre Co was 521.50. The lowest was 12.76. And the median was 21.91.

SHSE:601966's EV-to-EBIT is ranked worse than
69.67% of 1055 companies
in the Vehicles & Parts industry
Industry Median: 12.67 vs SHSE:601966: 20.05

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Shandong Linglong Tyre Co's Enterprise Value for the quarter that ended in Mar. 2024 was ¥38,941 Mil. Shandong Linglong Tyre Co's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 was ¥2,100 Mil. Shandong Linglong Tyre Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 5.39%.


Shandong Linglong Tyre Co EV-to-EBIT Historical Data

The historical data trend for Shandong Linglong Tyre 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.

Shandong Linglong Tyre Co EV-to-EBIT Chart

Shandong Linglong Tyre 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 16.04 18.63 61.82 112.07 20.35

Shandong Linglong Tyre 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 50.47 43.35 28.42 20.35 18.55

Competitive Comparison of Shandong Linglong Tyre Co's EV-to-EBIT

For the Auto Parts subindustry, Shandong Linglong Tyre 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.


Shandong Linglong Tyre Co's EV-to-EBIT Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Shandong Linglong Tyre Co's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Shandong Linglong Tyre Co's EV-to-EBIT falls into.



Shandong Linglong Tyre Co EV-to-EBIT Calculation

Shandong Linglong Tyre Co's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=42088.872/2099.603
=20.05

Shandong Linglong Tyre Co's current Enterprise Value is ¥42,089 Mil.
Shandong Linglong Tyre 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 ¥2,100 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.


Shandong Linglong Tyre Co  (SHSE:601966) 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) %.

Shandong Linglong Tyre 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 )
=2099.603/38941.2128
=5.39 %

Shandong Linglong Tyre Co's Enterprise Value for the quarter that ended in Mar. 2024 was ¥38,941 Mil.
Shandong Linglong Tyre 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 ¥2,100 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.


Shandong Linglong Tyre Co EV-to-EBIT Related Terms

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Shandong Linglong Tyre Co (SHSE:601966) Business Description

Traded in Other Exchanges
N/A
Address
No. 777, Jinlong Road, Shandong, Zhaoyuan, CHN, 265406
Shandong Linglong Tyre Co Ltd is a China-based tire manufacturing company engaged in the business of manufacturing and selling tires. Its product portfolio comprises of passenger car radial tires, light truck radial tires, truck and bus radial tires, specialty tires, winter tires, SUV tires and others. It offers tire products under the brands Linglong, LEAO, Infinity, Shanling, and Atlas.

Shandong Linglong Tyre Co (SHSE:601966) Headlines

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