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Shandong Linglong Tyre Co (SHSE:601966) EV-to-EBITDA : 20.05 (As of May. 13, 2024)


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What is Shandong Linglong Tyre Co EV-to-EBITDA?

EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, Shandong Linglong Tyre Co's enterprise value is ¥42,089 Mil. Shandong Linglong Tyre Co's EBITDA for the trailing twelve months (TTM) ended in Mar. 2024 was ¥2,100 Mil. Therefore, Shandong Linglong Tyre Co's EV-to-EBITDA for today is 20.05.

The historical rank and industry rank for Shandong Linglong Tyre Co's EV-to-EBITDA or its related term are showing as below:

SHSE:601966' s EV-to-EBITDA Range Over the Past 10 Years
Min: 12.76   Med: 21.91   Max: 521.5
Current: 20.07

During the past 13 years, the highest EV-to-EBITDA of Shandong Linglong Tyre Co was 521.50. The lowest was 12.76. And the median was 21.91.

SHSE:601966's EV-to-EBITDA is ranked worse than
77.31% of 1102 companies
in the Vehicles & Parts industry
Industry Median: 9.69 vs SHSE:601966: 20.07

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 (2024-05-13), Shandong Linglong Tyre Co's stock price is ¥22.92. Shandong Linglong Tyre Co's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2024 was ¥1.100. Therefore, Shandong Linglong Tyre Co's PE Ratio for today is 20.84.

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


Shandong Linglong Tyre Co EV-to-EBITDA Historical Data

The historical data trend for Shandong Linglong Tyre 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.

Shandong Linglong Tyre Co EV-to-EBITDA Chart

Shandong Linglong Tyre 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 10.55 12.85 26.43 22.90 11.58

Shandong Linglong Tyre 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 50.47 43.35 28.42 11.58 18.55

Competitive Comparison of Shandong Linglong Tyre Co's EV-to-EBITDA

For the Auto Parts subindustry, Shandong Linglong Tyre 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.


Shandong Linglong Tyre Co's EV-to-EBITDA Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Shandong Linglong Tyre Co's EV-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Shandong Linglong Tyre Co's EV-to-EBITDA falls into.



Shandong Linglong Tyre Co EV-to-EBITDA Calculation

Shandong Linglong Tyre Co's EV-to-EBITDA for today is calculated as:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA (TTM)
=42088.872/2099.603
=20.05

Shandong Linglong Tyre Co's current Enterprise Value is ¥42,089 Mil.
Shandong Linglong Tyre 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 ¥2,100 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.


Shandong Linglong Tyre Co  (SHSE:601966) 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.

Shandong Linglong Tyre Co's PE Ratio for today is calculated as:

PE Ratio=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=22.92/1.100
=20.84

Shandong Linglong Tyre Co's share price for today is ¥22.92.
Shandong Linglong Tyre 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 ¥1.100.

* 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?


Shandong Linglong Tyre Co EV-to-EBITDA Related Terms

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


Shandong Linglong Tyre Co (SHSE:601966) Business Description

Traded in Other Exchanges
N/A
Address
No. 777, Jinlong Road, Shandong, Zhaoyuan, CHN, 265406
Shandong Linglong Tyre Co Ltd is a China-based tire manufacturing company engaged in the business of manufacturing and selling tires. Its product portfolio comprises of passenger car radial tires, light truck radial tires, truck and bus radial tires, specialty tires, winter tires, SUV tires and others. It offers tire products under the brands Linglong, LEAO, Infinity, Shanling, and Atlas.

Shandong Linglong Tyre Co (SHSE:601966) Headlines

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