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Shandong Daye Co (SHSE:603278) EV-to-EBIT : 31.56 (As of Jun. 04, 2024)


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What is Shandong Daye Co EV-to-EBIT?

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Shandong Daye Co's Enterprise Value is ¥4,185 Mil. Shandong Daye Co's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 was ¥133 Mil. Therefore, Shandong Daye Co's EV-to-EBIT for today is 31.56.

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

SHSE:603278' s EV-to-EBIT Range Over the Past 10 Years
Min: -218.93   Med: 15.26   Max: 58.68
Current: 31.79

During the past 11 years, the highest EV-to-EBIT of Shandong Daye Co was 58.68. The lowest was -218.93. And the median was 15.26.

SHSE:603278's EV-to-EBIT is ranked worse than
76.61% of 2364 companies
in the Industrial Products industry
Industry Median: 16.7 vs SHSE:603278: 31.79

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Shandong Daye Co's Enterprise Value for the quarter that ended in Mar. 2024 was ¥5,534 Mil. Shandong Daye Co's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 was ¥133 Mil. Shandong Daye Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 2.40%.


Shandong Daye Co EV-to-EBIT Historical Data

The historical data trend for Shandong Daye 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 Daye Co EV-to-EBIT Chart

Shandong Daye 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 15.43 17.63 16.23 -24.10 32.74

Shandong Daye 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 -83.81 54.04 49.76 32.74 41.73

Competitive Comparison of Shandong Daye Co's EV-to-EBIT

For the Metal Fabrication subindustry, Shandong Daye 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 Daye Co's EV-to-EBIT Distribution in the Industrial Products Industry

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

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



Shandong Daye Co EV-to-EBIT Calculation

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

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=4185.312/132.629
=31.56

Shandong Daye Co's current Enterprise Value is ¥4,185 Mil.
Shandong Daye 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 ¥133 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 Daye Co  (SHSE:603278) 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 Daye 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 )
=132.629/5534.46476
=2.40 %

Shandong Daye Co's Enterprise Value for the quarter that ended in Mar. 2024 was ¥5,534 Mil.
Shandong Daye 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 ¥133 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 Daye Co EV-to-EBIT Related Terms

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Shandong Daye Co (SHSE:603278) Business Description

Traded in Other Exchanges
N/A
Address
Zhu Zhu Road, Xinxing Economic and Industrial Park, Shandong Province, Zhucheng, CHN, 262218
Shandong Daye Co Ltd is engaged in the bead wire, steel cord and hose wires. Its customers include tyre manufacturers such as ZC Rubber, Cheng xin, CST, Double Coin, and Aeolus Tyre. The company has established the National Rubber Frame Material Standard R&D Base, Petroleum and Chemical Industry High-Performance Bead Wire Research Center, and Shandong High-Performance Bead Wire Engineering.

Shandong Daye Co (SHSE:603278) Headlines

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