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Zhejiang Zheneng Electric Power Co (SHSE:600023) EV-to-EBITDA : 10.20 (As of May. 15, 2024)


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What is Zhejiang Zheneng Electric Power Co EV-to-EBITDA?

EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, Zhejiang Zheneng Electric Power Co's enterprise value is ¥118,447 Mil. Zhejiang Zheneng Electric Power Co's EBITDA for the trailing twelve months (TTM) ended in Mar. 2024 was ¥11,612 Mil. Therefore, Zhejiang Zheneng Electric Power Co's EV-to-EBITDA for today is 10.20.

The historical rank and industry rank for Zhejiang Zheneng Electric Power Co's EV-to-EBITDA or its related term are showing as below:

SHSE:600023' s EV-to-EBITDA Range Over the Past 10 Years
Min: -115.91   Med: 9.36   Max: 62.31
Current: 10.21

During the past 13 years, the highest EV-to-EBITDA of Zhejiang Zheneng Electric Power Co was 62.31. The lowest was -115.91. And the median was 9.36.

SHSE:600023's EV-to-EBITDA is ranked better than
57.31% of 349 companies
in the Utilities - Independent Power Producers industry
Industry Median: 11.65 vs SHSE:600023: 10.21

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 (2024-05-15), Zhejiang Zheneng Electric Power Co's stock price is ¥6.45. Zhejiang Zheneng Electric Power Co's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2024 was ¥0.550. Therefore, Zhejiang Zheneng Electric Power Co's PE Ratio for today is 11.73.

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


Zhejiang Zheneng Electric Power Co EV-to-EBITDA Historical Data

The historical data trend for Zhejiang Zheneng Electric Power Co'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.

Zhejiang Zheneng Electric Power Co EV-to-EBITDA Chart

Zhejiang Zheneng Electric Power Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EV-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.82 4.59 19.87 19.70 6.17

Zhejiang Zheneng Electric Power Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 -97.43 60.63 14.90 6.17 11.39

Competitive Comparison of Zhejiang Zheneng Electric Power Co's EV-to-EBITDA

For the Utilities - Independent Power Producers subindustry, Zhejiang Zheneng Electric Power Co'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.


Zhejiang Zheneng Electric Power Co's EV-to-EBITDA Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Zhejiang Zheneng Electric Power Co's EV-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Zhejiang Zheneng Electric Power Co's EV-to-EBITDA falls into.



Zhejiang Zheneng Electric Power Co EV-to-EBITDA Calculation

Zhejiang Zheneng Electric Power Co's EV-to-EBITDA for today is calculated as:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA (TTM)
=118447.160/11612.121
=10.20

Zhejiang Zheneng Electric Power Co's current Enterprise Value is ¥118,447 Mil.
Zhejiang Zheneng Electric Power Co's EBITDA 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 ¥11,612 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.


Zhejiang Zheneng Electric Power Co  (SHSE:600023) 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.

Zhejiang Zheneng Electric Power Co's PE Ratio for today is calculated as:

PE Ratio=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=6.45/0.550
=11.73

Zhejiang Zheneng Electric Power Co's share price for today is ¥6.45.
Zhejiang Zheneng Electric Power Co's Earnings per Share (Diluted) 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 ¥0.550.

* 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?


Zhejiang Zheneng Electric Power Co EV-to-EBITDA Related Terms

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Zhejiang Zheneng Electric Power Co (SHSE:600023) Business Description

Traded in Other Exchanges
N/A
Address
Zhejiang Building, Tianmushan Road, No. 152, Hangzhou, Zhejiang, CHN, 310007
Zhejiang Zheneng Electric Power Co Ltd is engaged in the thermal power generation business in China. It also provides thermal products, as well as invests in nuclear power. The company has expanded its investment scale in the power production field year by year.

Zhejiang Zheneng Electric Power Co (SHSE:600023) Headlines

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