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Zhejiang Ming Jewelry Co (SZSE:002574) EV-to-EBIT : 13.72 (As of May. 23, 2024)


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What is Zhejiang Ming Jewelry Co EV-to-EBIT?

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Zhejiang Ming Jewelry Co's Enterprise Value is ¥3,249 Mil. Zhejiang Ming Jewelry Co's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 was ¥237 Mil. Therefore, Zhejiang Ming Jewelry Co's EV-to-EBIT for today is 13.72.

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

SZSE:002574' s EV-to-EBIT Range Over the Past 10 Years
Min: -32.22   Med: 15.12   Max: 74.28
Current: 13.72

During the past 13 years, the highest EV-to-EBIT of Zhejiang Ming Jewelry Co was 74.28. The lowest was -32.22. And the median was 15.12.

SZSE:002574's EV-to-EBIT is ranked worse than
51.21% of 826 companies
in the Retail - Cyclical industry
Industry Median: 13.455 vs SZSE:002574: 13.72

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Zhejiang Ming Jewelry Co's Enterprise Value for the quarter that ended in Mar. 2024 was ¥3,530 Mil. Zhejiang Ming Jewelry Co's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 was ¥237 Mil. Zhejiang Ming Jewelry Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 6.71%.


Zhejiang Ming Jewelry Co EV-to-EBIT Historical Data

The historical data trend for Zhejiang Ming Jewelry 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.

Zhejiang Ming Jewelry Co EV-to-EBIT Chart

Zhejiang Ming Jewelry 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 12.44 -7.58 7.55 -12.56 9.96

Zhejiang Ming Jewelry 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 -15.00 -18.23 -27.35 9.96 14.91

Competitive Comparison of Zhejiang Ming Jewelry Co's EV-to-EBIT

For the Luxury Goods subindustry, Zhejiang Ming Jewelry 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.


Zhejiang Ming Jewelry Co's EV-to-EBIT Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Zhejiang Ming Jewelry Co's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Zhejiang Ming Jewelry Co's EV-to-EBIT falls into.



Zhejiang Ming Jewelry Co EV-to-EBIT Calculation

Zhejiang Ming Jewelry Co's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=3248.532/236.828
=13.72

Zhejiang Ming Jewelry Co's current Enterprise Value is ¥3,249 Mil.
Zhejiang Ming Jewelry 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 ¥237 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.


Zhejiang Ming Jewelry Co  (SZSE:002574) 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) %.

Zhejiang Ming Jewelry 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 )
=236.828/3530.286
=6.71 %

Zhejiang Ming Jewelry Co's Enterprise Value for the quarter that ended in Mar. 2024 was ¥3,530 Mil.
Zhejiang Ming Jewelry 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 ¥237 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.


Zhejiang Ming Jewelry Co EV-to-EBIT Related Terms

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Zhejiang Ming Jewelry Co (SZSE:002574) Business Description

Traded in Other Exchanges
N/A
Address
Number 1016, Jingshui Road, Keqiao District, Zhejiang Province, Shaoxing, CHN, 312046
Zhejiang Ming Jewelry Co Ltd is a China-based company engaged in the design, research, and development, manufacture and distribution of high-grade precious metals and gemstone jewelry products, as well as the operation and management of MINGR jewelry brands. The company's main products include diamonds, gold, K gold, colorful treasures, jade, high-end silverware, and other jewelry.

Zhejiang Ming Jewelry Co (SZSE:002574) Headlines

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