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Acknit Industries (BOM:530043) EV-to-EBITDA : 6.81 (As of May. 16, 2024)


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What is Acknit Industries EV-to-EBITDA?

EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, Acknit Industries's enterprise value is ₹1,068 Mil. Acknit Industries's EBITDA for the trailing twelve months (TTM) ended in Dec. 2023 was ₹157 Mil. Therefore, Acknit Industries's EV-to-EBITDA for today is 6.81.

The historical rank and industry rank for Acknit Industries's EV-to-EBITDA or its related term are showing as below:

BOM:530043' s EV-to-EBITDA Range Over the Past 10 Years
Min: 0.85   Med: 4.8   Max: 8.78
Current: 6.81

During the past 13 years, the highest EV-to-EBITDA of Acknit Industries was 8.78. The lowest was 0.85. And the median was 4.80.

BOM:530043's EV-to-EBITDA is ranked better than
72.11% of 864 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 11.28 vs BOM:530043: 6.81

EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio to determine the fair market value of a company.

As of today (2024-05-16), Acknit Industries's stock price is ₹253.90. Acknit Industries's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2023 was ₹25.440. Therefore, Acknit Industries's PE Ratio for today is 9.98.

The "classic" EV-to-EBITDA is much better in capturing debt and net cash than the PE Ratio.


Acknit Industries EV-to-EBITDA Historical Data

The historical data trend for Acknit Industries's EV-to-EBITDA 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.

Acknit Industries EV-to-EBITDA Chart

Acknit Industries Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
EV-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.52 4.79 5.38 6.32 4.75

Acknit Industries Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
EV-to-EBITDA 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 2.62 4.75 3.01 5.83 5.08

Competitive Comparison of Acknit Industries's EV-to-EBITDA

For the Footwear & Accessories subindustry, Acknit Industries's EV-to-EBITDA, along with its competitors' market caps and EV-to-EBITDA 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.


Acknit Industries's EV-to-EBITDA Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Acknit Industries's EV-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Acknit Industries's EV-to-EBITDA falls into.



Acknit Industries EV-to-EBITDA Calculation

Acknit Industries's EV-to-EBITDA for today is calculated as:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA (TTM)
=1067.746/156.785
=6.81

Acknit Industries's current Enterprise Value is ₹1,068 Mil.
Acknit Industries's EBITDA 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 ₹157 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.


Acknit Industries  (BOM:530043) EV-to-EBITDA Explanation

EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio to determine the fair market value of a company.

Acknit Industries's PE Ratio for today is calculated as:

PE Ratio=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=253.90/25.440
=9.98

Acknit Industries's share price for today is ₹253.90.
Acknit Industries's Earnings per Share (Diluted) 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 ₹25.440.

* 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.

Study has found that the companies with the lowest EV-to-EBITDA outperforms companies measured as cheap by other ratios such as PE Ratio.

Please read Which price ratio outperforms the enterprise multiple?


Acknit Industries EV-to-EBITDA Related Terms

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


Acknit Industries (BOM:530043) Business Description

Traded in Other Exchanges
N/A
Address
Ecostation, Block - BP, Plot No.7, Sector- V, 5th Floor, Suit No. 504, Salt Lake City, Kolkata, WB, IND, 700091
Acknit Industries Ltd manufactures all types of garments, gloves, and other apparel products. The company operates through four segments namely Hand gloves, Garments, Other & traded items, and Power generation segment. Most of the firm's revenue gets derived from the Hand Gloves segment which consists of cut and sewn dipped gloves, seamless dipped gloves, Canadian/ welder/ driver gloves, Cut resistant gloves, heat resistant gloves, and kelvlar leather gloves.

Acknit Industries (BOM:530043) Headlines

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