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Solvay (XBRU:SOLB) EV-to-EBIT : 9.08 (As of Apr. 28, 2024)


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What is Solvay EV-to-EBIT?

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Solvay's Enterprise Value is €2,852 Mil. Solvay's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was €314 Mil. Therefore, Solvay's EV-to-EBIT for today is 9.08.

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

XBRU:SOLB' s EV-to-EBIT Range Over the Past 10 Years
Min: -7.17   Med: 4.95   Max: 17.28
Current: 9.08

During the past 13 years, the highest EV-to-EBIT of Solvay was 17.28. The lowest was -7.17. And the median was 4.95.

XBRU:SOLB's EV-to-EBIT is ranked better than
78.2% of 1243 companies
in the Chemicals industry
Industry Median: 16.78 vs XBRU:SOLB: 9.08

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Solvay's Enterprise Value for the quarter that ended in Dec. 2023 was €2,637 Mil. Solvay's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was €314 Mil. Solvay's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 11.91%.


Solvay EV-to-EBIT Historical Data

The historical data trend for Solvay'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.

Solvay EV-to-EBIT Chart

Solvay 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 17.09 -6.45 2.70 2.73 8.42

Solvay Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 2.73 1.68 2.20 2.71 8.42

Competitive Comparison of Solvay's EV-to-EBIT

For the Chemicals subindustry, Solvay'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.


Solvay's EV-to-EBIT Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Solvay's EV-to-EBIT distribution charts can be found below:

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



Solvay EV-to-EBIT Calculation

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

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=2852.139/314
=9.08

Solvay's current Enterprise Value is €2,852 Mil.
Solvay's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was €314 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.


Solvay  (XBRU:SOLB) 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) %.

Solvay'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 )
=314/2636.87184
=11.91 %

Solvay's Enterprise Value for the quarter that ended in Dec. 2023 was €2,637 Mil.
Solvay's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was €314 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.


Solvay EV-to-EBIT Related Terms

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


Solvay (XBRU:SOLB) Business Description

Address
Rue De Ransbeek, 310, Brussels, BEL, B-1120
Solvay is a Belgium-based producer of chemicals, plastics, and composites. The company has a top-three market position for nearly all of its products. Key business segments include materials, chemicals, and solutions. High-value products include aerospace composites and specialty polymers while traditional chemical products include soda ash and hydrogen peroxide. Geographical exposure is relatively balanced, with Europe, North America, and Asia each contributing a third of sales.

Solvay (XBRU:SOLB) Headlines

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