Canadian Solar (Canadian Solar) EV-to-EBIT : 5.64 (As of Apr. 28, 2024)

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What is Canadian Solar EV-to-EBIT?

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Canadian Solar's Enterprise Value is $3,593 Mil. Canadian Solar's EBIT for the trailing twelve months (TTM) ended in Sep. 2023 was $637 Mil. Therefore, Canadian Solar's EV-to-EBIT for today is 5.64.

The historical rank and industry rank for Canadian Solar's EV-to-EBIT or its related term are showing as below:

CSIQ' s EV-to-EBIT Range Over the Past 10 Years
Min: -75.64 Med: 11.06 Max: 39.74
Current: 5.64

During the past 13 years, the highest EV-to-EBIT of Canadian Solar was 39.74. The lowest was -75.64. And the median was 11.06.

CSIQ's EV-to-EBIT is ranked better than
90.75% of 670 companies
in the Semiconductors industry
Industry Median: 23.17 vs CSIQ: 5.64

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Canadian Solar's Enterprise Value for the quarter that ended in Sep. 2023 was $5,332 Mil. Canadian Solar's EBIT for the trailing twelve months (TTM) ended in Sep. 2023 was $637 Mil. Canadian Solar's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2023 was 11.94%.

Canadian Solar EV-to-EBIT Historical Data

The historical data trend for Canadian Solar's EV-to-EBIT 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.

Canadian Solar EV-to-EBIT Chart

Canadian Solar Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

EV-to-EBIT

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6.52

11.87

24.32

23.99

12.51

Canadian Solar Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
EV-to-EBIT	Get a 7-Day Free Trial															14.88	12.51	11.86	9.19	8.38

Competitive Comparison of Canadian Solar's EV-to-EBIT

For the Solar subindustry, Canadian Solar's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT 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.

Canadian Solar's EV-to-EBIT Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Canadian Solar's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Canadian Solar's EV-to-EBIT falls into.

Canadian Solar EV-to-EBIT Calculation

Canadian Solar's EV-to-EBIT for today is calculated as:

EV-to-EBIT	=	Enterprise Value (Today)	/	EBIT (TTM)
	=	3593.376	/	636.647
	=	5.64

Canadian Solar's current Enterprise Value is $3,593 Mil.
Canadian Solar's EBIT for the trailing twelve months (TTM) ended in Sep. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $637 Mil.

Canadian Solar (NAS:CSIQ) EV-to-EBIT Explanation

This is a more accurate valuation of companies' operation because it considers the debt and cash on its balance sheet, and non-operating items such as interest payment, tax, and one-time items are not included in the Operating Income.

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %.

Canadian Solar's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2023 is calculated as:

Earnings Yield (Joel Greenblatt) % (Q: Sep. 2023 )	=	EBIT	/	Enterprise Value (Q: Sep. 2023 )
	=	636.647	/	5332.412635
	=	11.94 %

Canadian Solar's Enterprise Value for the quarter that ended in Sep. 2023 was $5,332 Mil.
Canadian Solar's EBIT for the trailing twelve months (TTM) ended in Sep. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $637 Mil.

Canadian Solar EV-to-EBIT Related Terms

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Canadian Solar (Canadian Solar) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Canadian Solar Inc (NAS:CSIQ) » Definitions » EV-to-EBIT

Comparable Companies

Traded in Other Exchanges

CSIQ:Mexico L5A:Germany L5A:Germany

Address

545 Speedvale Avenue West, Guelph, ON, CAN, N1K 1E6

Website

https://www.canadiansolar.com

Canadian Solar Inc is a Canadian solar power company. It is an integrated provider of solar power products, services, and system solutions. The company engages in designing, developing and manufacturing solar ingots, wafers, cells, modules and other solar power products. It operates through two business segments CSI Solar and Global Energy segment. The CSI Solar segment design, develop and manufacture solar ingots, wafers, cells, modules and other solar power and battery storage products. Its Energy segment primarily comprises solar and battery storage project development and sale, O&M and asset management services for operational projects, sale of electricity, and investment in retained assets.