Dover EV/EBIT
What is the EV/EBIT of Dover?
The EV/EBIT of Dover Corp. is 11.79
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 Industrials sector on NYSE compared to Dover
What does Dover do?
dover is a diversified global manufacturer with annual revenues of approximately $7 billion. we deliver innovative equipment and components, specialty systems and support services through four major operating segments: energy, engineered systems, fluids, and refrigeration & food equipment. dover combines global scale with operational agility to lead the markets we serve. recognized for our entrepreneurial approach for 60 years, our team of over 26,000 employees takes an ownership mindset, collaborating with customers to redefine what’s possible. headquartered in downers grove, illinois, dover trades on the new york stock exchange under “dov.” additional information is available at www.dovercorporation.com.
Companies with ev/ebit similar to Dover
- Njtc has EV/EBIT of 11.76
- AB Volvo (publ) has EV/EBIT of 11.76
- TVA has EV/EBIT of 11.76
- Spok Inc has EV/EBIT of 11.78
- Superior of Companies has EV/EBIT of 11.78
- Arvind SmartSpaces has EV/EBIT of 11.78
- Dover has EV/EBIT of 11.79
- Canada Goose Inc has EV/EBIT of 11.79
- Pioneer Embroideries has EV/EBIT of 11.79
- Rattler Midstream Lp has EV/EBIT of 11.79
- New Work SE has EV/EBIT of 11.79
- TV18 Broadcast has EV/EBIT of 11.79
- Manaksia Coated Metals & Industries has EV/EBIT of 11.80