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Luoyang Xinqianglian Slewing Bearing Co (SZSE:300850) EV-to-EBITDA : 21.39 (As of May. 05, 2024)


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What is Luoyang Xinqianglian Slewing Bearing Co EV-to-EBITDA?

EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, Luoyang Xinqianglian Slewing Bearing Co's enterprise value is ¥9,444 Mil. Luoyang Xinqianglian Slewing Bearing Co's EBITDA for the trailing twelve months (TTM) ended in Mar. 2024 was ¥441 Mil. Therefore, Luoyang Xinqianglian Slewing Bearing Co's EV-to-EBITDA for today is 21.39.

The historical rank and industry rank for Luoyang Xinqianglian Slewing Bearing Co's EV-to-EBITDA or its related term are showing as below:

SZSE:300850' s EV-to-EBITDA Range Over the Past 10 Years
Min: 14.28   Med: 34.66   Max: 61.16
Current: 21.39

During the past 8 years, the highest EV-to-EBITDA of Luoyang Xinqianglian Slewing Bearing Co was 61.16. The lowest was 14.28. And the median was 34.66.

SZSE:300850's EV-to-EBITDA is ranked worse than
67.64% of 2460 companies
in the Industrial Products industry
Industry Median: 14.22 vs SZSE:300850: 21.39

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 (2024-05-05), Luoyang Xinqianglian Slewing Bearing Co's stock price is ¥20.23. Luoyang Xinqianglian Slewing Bearing Co's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2024 was ¥0.850. Therefore, Luoyang Xinqianglian Slewing Bearing Co's PE Ratio for today is 23.80.

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


Luoyang Xinqianglian Slewing Bearing Co EV-to-EBITDA Historical Data

The historical data trend for Luoyang Xinqianglian Slewing Bearing 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.

Luoyang Xinqianglian Slewing Bearing Co EV-to-EBITDA Chart

Luoyang Xinqianglian Slewing Bearing Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EV-to-EBITDA
Get a 7-Day Free Trial - 28.95 45.32 31.72 18.86

Luoyang Xinqianglian Slewing Bearing 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 42.01 51.02 28.89 18.86 24.44

Competitive Comparison of Luoyang Xinqianglian Slewing Bearing Co's EV-to-EBITDA

For the Metal Fabrication subindustry, Luoyang Xinqianglian Slewing Bearing 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.


Luoyang Xinqianglian Slewing Bearing Co's EV-to-EBITDA Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Luoyang Xinqianglian Slewing Bearing Co's EV-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Luoyang Xinqianglian Slewing Bearing Co's EV-to-EBITDA falls into.



Luoyang Xinqianglian Slewing Bearing Co EV-to-EBITDA Calculation

Luoyang Xinqianglian Slewing Bearing Co's EV-to-EBITDA for today is calculated as:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA (TTM)
=9444.020/441.499
=21.39

Luoyang Xinqianglian Slewing Bearing Co's current Enterprise Value is ¥9,444 Mil.
Luoyang Xinqianglian Slewing Bearing 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 ¥441 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.


Luoyang Xinqianglian Slewing Bearing Co  (SZSE:300850) 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.

Luoyang Xinqianglian Slewing Bearing Co's PE Ratio for today is calculated as:

PE Ratio=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=20.23/0.850
=23.80

Luoyang Xinqianglian Slewing Bearing Co's share price for today is ¥20.23.
Luoyang Xinqianglian Slewing Bearing 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 ¥0.850.

* 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?


Luoyang Xinqianglian Slewing Bearing Co EV-to-EBITDA Related Terms

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


Luoyang Xinqianglian Slewing Bearing Co (SZSE:300850) Business Description

Traded in Other Exchanges
N/A
Address
Jiuzhou Road, Luoxin Industrial Park, Henan Province, Luoyang, CHN, 471800
Luoyang Xinqianglian Slewing Bearing Co Ltd is engaged in production and sales of large slewing bearings and industrial forgings. The company designs and manufactures slewing bearings; precision bearings; shield machine parts; mid-to-high frequency quenching, bearing roller processing; sales of forgings, castings, and flanges.

Luoyang Xinqianglian Slewing Bearing Co (SZSE:300850) Headlines

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