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Jingjin Equipment (SHSE:603279) EV-to-EBIT : 9.32 (As of May. 03, 2024)


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What is Jingjin Equipment EV-to-EBIT?

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Jingjin Equipment's Enterprise Value is ¥12,328 Mil. Jingjin Equipment's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 was ¥1,322 Mil. Therefore, Jingjin Equipment's EV-to-EBIT for today is 9.32.

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

SHSE:603279' s EV-to-EBIT Range Over the Past 10 Years
Min: 6.44   Med: 14.54   Max: 26.09
Current: 9.32

During the past 11 years, the highest EV-to-EBIT of Jingjin Equipment was 26.09. The lowest was 6.44. And the median was 14.54.

SHSE:603279's EV-to-EBIT is ranked better than
75.73% of 2373 companies
in the Industrial Products industry
Industry Median: 16.98 vs SHSE:603279: 9.32

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Jingjin Equipment's Enterprise Value for the quarter that ended in Mar. 2024 was ¥10,575 Mil. Jingjin Equipment's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 was ¥1,322 Mil. Jingjin Equipment's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 12.50%.


Jingjin Equipment EV-to-EBIT Historical Data

The historical data trend for Jingjin Equipment'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.

Jingjin Equipment EV-to-EBIT Chart

Jingjin Equipment 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 14.23 9.11 21.94 14.16 8.53

Jingjin Equipment Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 12.45 13.50 10.66 8.53 8.00

Competitive Comparison of Jingjin Equipment's EV-to-EBIT

For the Pollution & Treatment Controls subindustry, Jingjin Equipment'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.


Jingjin Equipment's EV-to-EBIT Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Jingjin Equipment's EV-to-EBIT distribution charts can be found below:

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



Jingjin Equipment EV-to-EBIT Calculation

Jingjin Equipment's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=12327.897/1322.296
=9.32

Jingjin Equipment's current Enterprise Value is ¥12,328 Mil.
Jingjin Equipment's EBIT 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 ¥1,322 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.


Jingjin Equipment  (SHSE:603279) 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) %.

Jingjin Equipment's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 is calculated as:

Earnings Yield (Joel Greenblatt) % (Q: Mar. 2024 ) =EBIT / Enterprise Value (Q: Mar. 2024 )
=1322.296/10574.77476
=12.50 %

Jingjin Equipment's Enterprise Value for the quarter that ended in Mar. 2024 was ¥10,575 Mil.
Jingjin Equipment's EBIT 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 ¥1,322 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.


Jingjin Equipment EV-to-EBIT Related Terms

Thank you for viewing the detailed overview of Jingjin Equipment's EV-to-EBIT provided by GuruFocus.com. Please click on the following links to see related term pages.


Jingjin Equipment (SHSE:603279) Business Description

Traded in Other Exchanges
N/A
Address
North Head of Jinghua Road, Dezhou economic development zone, Shandong Province, Dezhou, CHN, 253034
Jingjin Equipment Inc is an environmental protection service provider of filter outfit production, filter technology overall plan solution and environment protection project contraction and operation. The comapny is engaged in the development of energy conservation and environment protection career, providing consumers by cost-effective products and professional quality service. Its products include pressure filter, vibrating centrifuge, blender, conveyor, automatic reagent feeder, double drive thickener, mud scraper, and cake breaker.

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