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Chongqing Machinery & Electric Co (HKSE:02722) EV-to-EBIT : 9.71 (As of May. 02, 2024)


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What is Chongqing Machinery & Electric Co EV-to-EBIT?

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Chongqing Machinery & Electric Co's Enterprise Value is HK$4,725 Mil. Chongqing Machinery & Electric Co's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was HK$487 Mil. Therefore, Chongqing Machinery & Electric Co's EV-to-EBIT for today is 9.71.

The historical rank and industry rank for Chongqing Machinery & Electric Co's EV-to-EBIT or its related term are showing as below:

HKSE:02722' s EV-to-EBIT Range Over the Past 10 Years
Min: 4.76   Med: 8.61   Max: 13.81
Current: 9.71

During the past 13 years, the highest EV-to-EBIT of Chongqing Machinery & Electric Co was 13.81. The lowest was 4.76. And the median was 8.61.

HKSE:02722's EV-to-EBIT is ranked better than
74.51% of 2377 companies
in the Industrial Products industry
Industry Median: 16.8 vs HKSE:02722: 9.71

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Chongqing Machinery & Electric Co's Enterprise Value for the quarter that ended in Dec. 2023 was HK$5,956 Mil. Chongqing Machinery & Electric Co's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was HK$487 Mil. Chongqing Machinery & Electric Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 8.17%.


Chongqing Machinery & Electric Co EV-to-EBIT Historical Data

The historical data trend for Chongqing Machinery & Electric Co'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.

Chongqing Machinery & Electric Co EV-to-EBIT Chart

Chongqing Machinery & Electric Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EV-to-EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 12.16 10.76 9.91 9.10 12.24

Chongqing Machinery & Electric Co Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
EV-to-EBIT 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 9.91 - 9.10 - 12.24

Competitive Comparison of Chongqing Machinery & Electric Co's EV-to-EBIT

For the Specialty Industrial Machinery subindustry, Chongqing Machinery & Electric Co'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.


Chongqing Machinery & Electric Co's EV-to-EBIT Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Chongqing Machinery & Electric Co's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Chongqing Machinery & Electric Co's EV-to-EBIT falls into.



Chongqing Machinery & Electric Co EV-to-EBIT Calculation

Chongqing Machinery & Electric Co's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=4725.160/486.639
=9.71

Chongqing Machinery & Electric Co's current Enterprise Value is HK$4,725 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Chongqing Machinery & Electric Co's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was HK$487 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.


Chongqing Machinery & Electric Co  (HKSE:02722) 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) %.

Chongqing Machinery & Electric Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 is calculated as:

Earnings Yield (Joel Greenblatt) % (Q: Dec. 2023 ) =EBIT / Enterprise Value (Q: Dec. 2023 )
=486.639/5956.0612
=8.17 %

Chongqing Machinery & Electric Co's Enterprise Value for the quarter that ended in Dec. 2023 was HK$5,956 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Chongqing Machinery & Electric Co's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was HK$487 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.


Chongqing Machinery & Electric Co EV-to-EBIT Related Terms

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Chongqing Machinery & Electric Co (HKSE:02722) Business Description

Traded in Other Exchanges
Address
No. 60 Middle Section of Huangshan Avenue, New North Zone, Chongqing, CHN, 401123
Chongqing Machinery & Electric Co Ltd is principally engaged in designing, manufacturing, and sales of automobile parts and components, power equipment, general machinery, CNC machine tools, and trade & finance business. It also engages in the operation of equipment manufacturing, real estate development, financial investment, import and export trade, advisory services, and new technology. The company's operating segments include Engines, Hydroelectric Generation Equipment, Electrical Wires and Cables, General Machinery, Machinery tools, CNC machine tools division, High-voltage transformers, Material sales division, Financial Services, and Others.

Chongqing Machinery & Electric Co (HKSE:02722) Headlines

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