China Touyun Tech EV/EBITDA
What is the EV/EBITDA of China Touyun Tech?
The EV/EBITDA of China Touyun Tech Group Limited is N/A
What is the definition of EV/EBITDA?
EV/EBITDA is enterprise value divided by earnings before interest, tax, depreciation, and amortization. It is a measure of how expensive a stock is and is more frequently valid for comparisons across companies than the price to earnings ratio. It measures the price (in the form of enterprise value) an investor pays for the benefit of the company’s cash flow (in the form of EBITDA).
= enterprise value / EBITDA
Price to earnings ratios are impacted by a company's choice of capital structure - companies which raise money via debt will have lower P/Es (and therefore look cheaper) than companies that raise an equivalent amount of money by issuing shares, even though the two companies might have equivalent enterprise values. A sample case is when a company with debt were to raise money by issuing shares of stock, and then used the money to pay off the debt, this company's P/E ratio would shoot up because of the increased number of shares - although nothing about the fundamental value of the business has changed. EV / EBITDA is unaffected by capital structure as enterprise value includes the value of debt, and EBITDA is available to all investors (debt and equity) as it excludes interest payments on that debt. It is ideal for analysts and potential investors looking to compare companies within the same industry.
EV/EBITDA of companies in the Materials sector on HKSE compared to China Touyun Tech
What does China Touyun Tech do?
Touyun Biotech Group Limited, an investment holding company, designs, develops, manufactures, and sells packaging products in Hong Kong, the People's Republic of China, Europe, North and South America, and internationally. It operates through four segments: QR Code Business, Packaging Products, Treasury Investment, and Chlamydomonas Reinhardtii Product Business. The QR Code Business segment provides QR codes on product packaging and solutions; and online advertising display services. The Packaging Products segment manufactures and sells watch boxes, jewelry boxes, eyewear cases, bags and pouches, and display units. The Treasury Investment segment invests in and trades in securities, as well as offers money lending, securities brokerage, asset management, and margin financing services. The Chlamydomonas Reinhardtii Product Business segment produces and sells chlamydomonas reinhardtii, micro-algae, and related products. It also provides business intelligence IT solutions and corporate management services. The company was formerly known as China Touyun Tech Group Limited and changed its name to Touyun Biotech Group Limited in May 2021. Touyun Biotech Group Limited was founded in 1989 and is headquartered in Wan Chai, Hong Kong.
Companies with ev/ebitda similar to China Touyun Tech
- Newfield Resources has EV/EBITDA of N/A
- HolidayCheck AG has EV/EBITDA of N/A
- Ramky Infrastructure has EV/EBITDA of N/A
- Getty Copper has EV/EBITDA of N/A
- Aura has EV/EBITDA of N/A
- Nagambie Resources has EV/EBITDA of N/A
- China Touyun Tech has EV/EBITDA of N/A
- Indo Tech Transformers has EV/EBITDA of N/A
- Banyan Gold has EV/EBITDA of N/A
- Brockman Mining has EV/EBITDA of N/A
- Majesco has EV/EBITDA of N/A
- Boill Healthcare has EV/EBITDA of N/A
- Nagarjuna Fertilizers and Chemicals has EV/EBITDA of N/A