China XD Plastics Co Ltd EV/EBIT
What is the EV/EBIT of China XD Plastics Co Ltd?
The EV/EBIT of China XD Plastics Co Ltd is N/A
What is the definition of EV/EBIT?
Enterprise value to earnings before interest and taxes (EV/EBIT) is a financial ratio used to measure if a stock is priced appropriately to similar stocks and the market. It is similar to the P/E ratio.
ttm (trailing twelve months)
The EV/EBIT ratio addresses some of the shortcomings of the P/E ratio. Instead of taking market capitalization, the ratio uses enterprise value, as it takes into account the true value of the company. Enterprise value includes both equity and debt. It is calculated as:
Enterprise value = market cap + total debt – cash and cash equivalents
The EV/EBIT ratio is useful in comparing peers within the wider market. A high EV/EBIT ratio indicates that a company’s stock is overvalued. On the opposite, a low EV/EBIT ratio indicates that a company’s stock is undervalued. The lower the ratio, the more financially stable a company should be. However, investors and analyst should use other ratios and information to get a full picture of a company’s financial state and actual value.
EV/EBIT of companies in the Consumer Discretionary sector on NASDAQ compared to China XD Plastics Co Ltd
What does China XD Plastics Co Ltd do?
China XD Plastics Company Limited, through its wholly-owned subsidiaries, develops, manufactures and sells polymer composites materials, primarily for automotive applications. The Company's products are used in the exterior and interior trim and in the functional components of 31 automobile brands manufactured in China, including without limitation, Audi, Mercedes Benz, BMW, Toyota, Buick, Chevrolet, Mazda, Volvo, Ford, Citroen, Jinbei and VW Passat, Golf, Jetta, etc. The Company's wholly-owned research center is dedicated to the research and development of polymer composites materials and benefits from its cooperation with well-known scientists from prestigious universities in China. As of September 30, 2020, 644 of the Company's products have been certified for use by one or more of the automobile manufacturers in China.
Companies with ev/ebit similar to China XD Plastics Co Ltd
- Turtle Beach Corp has EV/EBIT of N/A
- Aroa Biosurgery has EV/EBIT of N/A
- NavSight has EV/EBIT of N/A
- Cohu has EV/EBIT of N/A
- ITM Power Plc has EV/EBIT of N/A
- Delphi Technologies Plc has EV/EBIT of N/A
- China XD Plastics Co Ltd has EV/EBIT of N/A
- Americold Realty Trust Inc has EV/EBIT of N/A
- Wockhardt has EV/EBIT of N/A
- National Steel and Agro Industries has EV/EBIT of N/A
- NGL Partners LP has EV/EBIT of N/A
- GigCapital3 has EV/EBIT of N/A
- JCT has EV/EBIT of N/A