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Shenyang Fortune Precision Equipment Co (SHSE:688409) EV-to-EBIT : 54.62 (As of May. 12, 2024)


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What is Shenyang Fortune Precision Equipment Co EV-to-EBIT?

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Shenyang Fortune Precision Equipment Co's Enterprise Value is ¥13,494 Mil. Shenyang Fortune Precision Equipment Co's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 was ¥247 Mil. Therefore, Shenyang Fortune Precision Equipment Co's EV-to-EBIT for today is 54.62.

The historical rank and industry rank for Shenyang Fortune Precision Equipment Co's EV-to-EBIT or its related term are showing as below:

SHSE:688409' s EV-to-EBIT Range Over the Past 10 Years
Min: 41.67   Med: 62.29   Max: 86.12
Current: 54.62

During the past 6 years, the highest EV-to-EBIT of Shenyang Fortune Precision Equipment Co was 86.12. The lowest was 41.67. And the median was 62.29.

SHSE:688409's EV-to-EBIT is ranked worse than
89.26% of 2366 companies
in the Industrial Products industry
Industry Median: 17.27 vs SHSE:688409: 54.62

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Shenyang Fortune Precision Equipment Co's Enterprise Value for the quarter that ended in Mar. 2024 was ¥13,406 Mil. Shenyang Fortune Precision Equipment Co's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 was ¥247 Mil. Shenyang Fortune Precision Equipment Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 1.84%.


Shenyang Fortune Precision Equipment Co EV-to-EBIT Historical Data

The historical data trend for Shenyang Fortune Precision Equipment 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.

Shenyang Fortune Precision Equipment Co EV-to-EBIT Chart

Shenyang Fortune Precision Equipment Co Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EV-to-EBIT
Get a 7-Day Free Trial - - - 67.21 71.34

Shenyang Fortune Precision Equipment Co Quarterly Data
Dec18 Dec19 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 71.27 71.11 68.97 71.34 54.26

Competitive Comparison of Shenyang Fortune Precision Equipment Co's EV-to-EBIT

For the Metal Fabrication subindustry, Shenyang Fortune Precision Equipment 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.


Shenyang Fortune Precision Equipment Co's EV-to-EBIT Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Shenyang Fortune Precision Equipment Co's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Shenyang Fortune Precision Equipment Co's EV-to-EBIT falls into.



Shenyang Fortune Precision Equipment Co EV-to-EBIT Calculation

Shenyang Fortune Precision Equipment Co's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=13494.253/247.076
=54.62

Shenyang Fortune Precision Equipment Co's current Enterprise Value is ¥13,494 Mil.
Shenyang Fortune Precision Equipment 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 ¥247 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.


Shenyang Fortune Precision Equipment Co  (SHSE:688409) 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) %.

Shenyang Fortune Precision Equipment 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 )
=247.076/13405.79714
=1.84 %

Shenyang Fortune Precision Equipment Co's Enterprise Value for the quarter that ended in Mar. 2024 was ¥13,406 Mil.
Shenyang Fortune Precision Equipment 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 ¥247 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.


Shenyang Fortune Precision Equipment Co EV-to-EBIT Related Terms

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Shenyang Fortune Precision Equipment Co (SHSE:688409) Business Description

Traded in Other Exchanges
N/A
Address
No. 18A-1, Feiyun Road, Hunnan District, Liaoning Province, Shenyang, CHN, 110168
Shenyang Fortune Precision Equipment Co Ltd focuses on the precision manufacturing technology of metal parts and components, and has mastered one-stop manufacturing processes such as precision machinery manufacturing, high-cleanliness surface treatment, welding, assembly, and testing that can meet stringent standards.

Shenyang Fortune Precision Equipment Co (SHSE:688409) Headlines

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