Fidelity European Values Plc EV/EBIT
What is the EV/EBIT of Fidelity European Values Plc?
The EV/EBIT of Fidelity European Values Plc 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 Finance sector on LSE compared to Fidelity European Values Plc
What does Fidelity European Values Plc do?
Fidelity Investment Trust - Fidelity European Values plc is an open-ended equity fund launched and managed by FIL Investment Services (UK) Limited. It is co-managed by FIL Investments International Limited. The fund invests in the public equity markets of Continental Europe. It makes its investments in stocks of companies operating across diversified sectors. The fund invests in stocks of companies operating across all market capitalizations. It also invests in value oriented growth stocks. The fund benchmarks the performance of its portfolio against the FTSE World Europe ex UK Index. Fidelity Investment Trust - Fidelity European Values plc was formed on November 5, 1991 and is domiciled in the United Kingdom.
Companies with ev/ebit similar to Fidelity European Values Plc
- The Real Brokerage Inc has EV/EBIT of N/A
- Garden Silk Mills has EV/EBIT of N/A
- Birla Precision Technologies has EV/EBIT of N/A
- Birla Tyres has EV/EBIT of N/A
- Conversion Labs has EV/EBIT of N/A
- E-Land Apparel has EV/EBIT of N/A
- Fidelity European Values Plc has EV/EBIT of N/A
- Galileo Exploration has EV/EBIT of N/A
- Bristol-Myers Squibb Co has EV/EBIT of N/A
- VAR Resources has EV/EBIT of N/A
- Reading International has EV/EBIT of N/A
- Trainline Plc has EV/EBIT of N/A
- Jaeger Resources has EV/EBIT of N/A