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Erayak Power Solution Group (Erayak Power Solution Group) EV-to-EBITDA : 2.16 (As of May. 10, 2024)


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What is Erayak Power Solution Group EV-to-EBITDA?

EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, Erayak Power Solution Group's enterprise value is $6.06 Mil. Erayak Power Solution Group's EBITDA for the trailing twelve months (TTM) ended in Dec. 2023 was $2.81 Mil. Therefore, Erayak Power Solution Group's EV-to-EBITDA for today is 2.16.

The historical rank and industry rank for Erayak Power Solution Group's EV-to-EBITDA or its related term are showing as below:

RAYA' s EV-to-EBITDA Range Over the Past 10 Years
Min: 1.05   Med: 3.03   Max: 8.64
Current: 2.16

During the past 5 years, the highest EV-to-EBITDA of Erayak Power Solution Group was 8.64. The lowest was 1.05. And the median was 3.03.

RAYA's EV-to-EBITDA is ranked better than
96.21% of 2454 companies
in the Industrial Products industry
Industry Median: 14.54 vs RAYA: 2.16

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 (2024-05-10), Erayak Power Solution Group's stock price is $0.621. Erayak Power Solution Group's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2023 was $0.100. Therefore, Erayak Power Solution Group's PE Ratio for today is 6.21.

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


Erayak Power Solution Group EV-to-EBITDA Historical Data

The historical data trend for Erayak Power Solution Group'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.

Erayak Power Solution Group EV-to-EBITDA Chart

Erayak Power Solution Group Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
EV-to-EBITDA
- - - 5.48 3.56

Erayak Power Solution Group Semi-Annual Data
Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
EV-to-EBITDA Get a 7-Day Free Trial Premium Member Only - - 5.48 - 3.56

Competitive Comparison of Erayak Power Solution Group's EV-to-EBITDA

For the Electrical Equipment & Parts subindustry, Erayak Power Solution Group'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.


Erayak Power Solution Group's EV-to-EBITDA Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Erayak Power Solution Group's EV-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Erayak Power Solution Group's EV-to-EBITDA falls into.



Erayak Power Solution Group EV-to-EBITDA Calculation

Erayak Power Solution Group's EV-to-EBITDA for today is calculated as:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA (TTM)
=6.057/2.805
=2.16

Erayak Power Solution Group's current Enterprise Value is $6.06 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Erayak Power Solution Group's EBITDA for the trailing twelve months (TTM) ended in Dec. 2023 was $2.81 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.


Erayak Power Solution Group  (NAS:RAYA) 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.

Erayak Power Solution Group's PE Ratio for today is calculated as:

PE Ratio=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=0.621/0.100
=6.21

Erayak Power Solution Group's share price for today is $0.621.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Erayak Power Solution Group's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2023 was $0.100.

* 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?


Erayak Power Solution Group EV-to-EBITDA Related Terms

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


Erayak Power Solution Group (Erayak Power Solution Group) Business Description

Traded in Other Exchanges
N/A
Address
No. 528, 4th Avenue, Binhai Industrial Park, Zhejiang Province, Wenzhou, CHN, 325025
Erayak Power Solution Group Inc engages in manufacturing, research and development, and wholesale and retail of power solution products. Its product portfolio includes sine wave and off-grid inverters, inverter and gasoline generators, battery, and smart chargers, and custom-designed products. It derives the majority revenue from three products namely inverters, chargers, and gasoline generators.

Erayak Power Solution Group (Erayak Power Solution Group) Headlines

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