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Asaka Industrial Co (TSE:5962) EV-to-EBIT : 3.35 (As of Jun. 02, 2024)


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What is Asaka Industrial Co EV-to-EBIT?

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Asaka Industrial Co's Enterprise Value is 円1,529 Mil. Asaka Industrial Co's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was 円456 Mil. Therefore, Asaka Industrial Co's EV-to-EBIT for today is 3.35.

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

TSE:5962' s EV-to-EBIT Range Over the Past 10 Years
Min: -62.23   Med: 11.46   Max: 54.45
Current: 3.35

During the past 13 years, the highest EV-to-EBIT of Asaka Industrial Co was 54.45. The lowest was -62.23. And the median was 11.46.

TSE:5962's EV-to-EBIT is ranked better than
94.32% of 2376 companies
in the Industrial Products industry
Industry Median: 16.76 vs TSE:5962: 3.35

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Asaka Industrial Co's Enterprise Value for the quarter that ended in Dec. 2023 was 円1,475 Mil. Asaka Industrial Co's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was 円456 Mil. Asaka Industrial Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 30.93%.


Asaka Industrial Co EV-to-EBIT Historical Data

The historical data trend for Asaka Industrial 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.

Asaka Industrial Co EV-to-EBIT Chart

Asaka Industrial Co Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
EV-to-EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 12.80 19.97 7.78 3.80 4.06

Asaka Industrial Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 6.15 4.06 3.58 3.02 3.23

Competitive Comparison of Asaka Industrial Co's EV-to-EBIT

For the Tools & Accessories subindustry, Asaka Industrial 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.


Asaka Industrial Co's EV-to-EBIT Distribution in the Industrial Products Industry

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

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



Asaka Industrial Co EV-to-EBIT Calculation

Asaka Industrial Co's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=1529.136/456.318
=3.35

Asaka Industrial Co's current Enterprise Value is 円1,529 Mil.
Asaka Industrial Co's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was 円456 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.


Asaka Industrial Co  (TSE:5962) 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) %.

Asaka Industrial Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 is calculated as:

Earnings Yield (Joel Greenblatt) % (Q: Dec. 2023 ) =EBIT / Enterprise Value (Q: Dec. 2023 )
=456.318/1475.34483
=30.93 %

Asaka Industrial Co's Enterprise Value for the quarter that ended in Dec. 2023 was 円1,475 Mil.
Asaka Industrial Co's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was 円456 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.


Asaka Industrial Co EV-to-EBIT Related Terms

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Asaka Industrial Co (TSE:5962) Business Description

Traded in Other Exchanges
N/A
Address
117,2-cho,Kaisan-cho, Sakai-shi, Sakai-shi, JPN, 590 0982
Asaka Industrial Co Ltd is a Japan-based agricultural and construction tools manufacturer. Its products include shovels, scoops, farming tools, gardening tools, physical distribution systems and store fixtures, among others.

Asaka Industrial Co (TSE:5962) Headlines

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