ADVA Optical Networking SE EV/EBIT
What is the EV/EBIT of ADVA Optical Networking SE?
The EV/EBIT of ADVA Optical Networking SE is 31.03
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 Technology sector on XETRA compared to ADVA Optical Networking SE
What does ADVA Optical Networking SE do?
ADVA Optical Networking SE engages in the development, manufacture, and sale of optical and Ethernet-based networking solutions to deliver data, storage, voice, and video services worldwide. It offers open optical transport solutions, such as FSP 3000 open terminals, FSP 3000 open line systems, pluggables and subsystems, and optical access solutions; packet edge and aggregation products, including carrier Ethernet and programmable multilayer edge, metro aggregation, and edge computing products; disaggregated networking, such as packet optical terminals and ensemble activators. The company also provides network virtualization products comprising ensemble connectors, orchestrators, and harmony ecosystems, as well as operates ensemble virtualization director, a management platform for the creation and deployment of virtualized services; network infrastructure assurance products; timing and synchronization products; and automated network management products, such as ensemble optical, sync, fiber, and packet director, and ensemble controllers. In addition, it offers professional services to plan, operate, and maintain the networks. The company sells its products to telecommunications service providers, private companies, universities, and government agencies directly, as well as through a network of distribution partners. ADVA Optical Networking SE was founded in 1994 and is headquartered in Munich, Germany.
Companies with ev/ebit similar to ADVA Optical Networking SE
- Bharti Airtel has EV/EBIT of 30.97
- STAG Industrial Inc has EV/EBIT of 30.99
- Precision Camshafts has EV/EBIT of 30.99
- Avantor has EV/EBIT of 30.99
- BlackRock Municipal Income Fund Inc has EV/EBIT of 31.00
- Bayer CropScience has EV/EBIT of 31.01
- ADVA Optical Networking SE has EV/EBIT of 31.03
- PPD Inc has EV/EBIT of 31.04
- Owens & Minor has EV/EBIT of 31.04
- The Tata Power has EV/EBIT of 31.05
- AAON has EV/EBIT of 31.05
- ESI SA has EV/EBIT of 31.07
- Dream Impact Trust has EV/EBIT of 31.07