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Hengong Precision Equipment Co (SZSE:301261) EV-to-EBIT : 21.72 (As of Jun. 06, 2024)


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What is Hengong Precision Equipment Co EV-to-EBIT?

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Hengong Precision Equipment Co's Enterprise Value is ¥3,376.8 Mil. Hengong Precision Equipment Co's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 was ¥155.5 Mil. Therefore, Hengong Precision Equipment Co's EV-to-EBIT for today is 21.72.

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

SZSE:301261' s EV-to-EBIT Range Over the Past 10 Years
Min: 19.88   Med: 24.76   Max: 30.97
Current: 21.72

During the past 6 years, the highest EV-to-EBIT of Hengong Precision Equipment Co was 30.97. The lowest was 19.88. And the median was 24.76.

SZSE:301261's EV-to-EBIT is ranked worse than
63.09% of 2365 companies
in the Industrial Products industry
Industry Median: 16.26 vs SZSE:301261: 21.72

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Hengong Precision Equipment Co's Enterprise Value for the quarter that ended in Mar. 2024 was ¥4,232.0 Mil. Hengong Precision Equipment Co's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 was ¥155.5 Mil. Hengong Precision Equipment Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 3.67%.


Hengong Precision Equipment Co EV-to-EBIT Historical Data

The historical data trend for Hengong 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.

Hengong Precision Equipment Co EV-to-EBIT Chart

Hengong Precision Equipment Co Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EV-to-EBIT
Get a 7-Day Free Trial - - - - 30.16

Hengong 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 - - 28.19 30.16 27.22

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

For the Metal Fabrication subindustry, Hengong 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.


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

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

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



Hengong Precision Equipment Co EV-to-EBIT Calculation

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

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=3376.831/155.456
=21.72

Hengong Precision Equipment Co's current Enterprise Value is ¥3,376.8 Mil.
Hengong 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 ¥155.5 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.


Hengong Precision Equipment Co  (SZSE:301261) 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) %.

Hengong 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 )
=155.456/4232.00238
=3.67 %

Hengong Precision Equipment Co's Enterprise Value for the quarter that ended in Mar. 2024 was ¥4,232.0 Mil.
Hengong 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 ¥155.5 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.


Hengong Precision Equipment Co EV-to-EBIT Related Terms

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Hengong Precision Equipment Co (SZSE:301261) Business Description

Traded in Other Exchanges
N/A
Address
Shangcheng Town Industrial Park, Cheng'an County, Hebei Province, Handan, CHN, 056700
Hengong Precision Equipment Co Ltd is engaged in the research and development, production and sales of precision machined parts and continuous iron castings.

Hengong Precision Equipment Co (SZSE:301261) Headlines

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