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Mehow Innovative (SZSE:301363) EV-to-EBIT : 31.31 (As of Jun. 05, 2024)


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What is Mehow Innovative EV-to-EBIT?

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Mehow Innovative's Enterprise Value is ¥9,041 Mil. Mehow Innovative's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 was ¥289 Mil. Therefore, Mehow Innovative's EV-to-EBIT for today is 31.31.

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

SZSE:301363' s EV-to-EBIT Range Over the Past 10 Years
Min: 22.1   Med: 30.32   Max: 36.93
Current: 31.31

During the past 6 years, the highest EV-to-EBIT of Mehow Innovative was 36.93. The lowest was 22.10. And the median was 30.32.

SZSE:301363's EV-to-EBIT is ranked worse than
70.51% of 451 companies
in the Medical Devices & Instruments industry
Industry Median: 19.7 vs SZSE:301363: 31.31

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Mehow Innovative's Enterprise Value for the quarter that ended in Mar. 2024 was ¥8,378 Mil. Mehow Innovative's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 was ¥289 Mil. Mehow Innovative's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 3.45%.


Mehow Innovative EV-to-EBIT Historical Data

The historical data trend for Mehow Innovative'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.

Mehow Innovative EV-to-EBIT Chart

Mehow Innovative Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EV-to-EBIT
Get a 7-Day Free Trial - - - 33.16 37.69

Mehow Innovative 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 28.85 31.99 30.44 37.69 29.02

Competitive Comparison of Mehow Innovative's EV-to-EBIT

For the Medical Devices subindustry, Mehow Innovative'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.


Mehow Innovative's EV-to-EBIT Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Mehow Innovative's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Mehow Innovative's EV-to-EBIT falls into.



Mehow Innovative EV-to-EBIT Calculation

Mehow Innovative's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=9041.150/288.754
=31.31

Mehow Innovative's current Enterprise Value is ¥9,041 Mil.
Mehow Innovative'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 ¥289 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.


Mehow Innovative  (SZSE:301363) 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) %.

Mehow Innovative'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 )
=288.754/8378.2948
=3.45 %

Mehow Innovative's Enterprise Value for the quarter that ended in Mar. 2024 was ¥8,378 Mil.
Mehow Innovative'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 ¥289 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.


Mehow Innovative EV-to-EBIT Related Terms

Thank you for viewing the detailed overview of Mehow Innovative's EV-to-EBIT provided by GuruFocus.com. Please click on the following links to see related term pages.


Mehow Innovative (SZSE:301363) Business Description

Traded in Other Exchanges
N/A
Address
No. 3, Baolong Sixth Road, Baolong Street, 101, 201, 401, 101, 201, 401, Building A, Xinzhongqiao Industrial Park, Longgang District, Guangdong Province, Shenzhen, CHN, 518116
Mehow Innovative Ltd is engaged in the design, development, manufacture and sales of precision components and products for medical devices.
Executives
Tan Jing Xia Secretary Dong

Mehow Innovative (SZSE:301363) Headlines

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