Leggett & Platt EV/EBIT
What is the EV/EBIT of Leggett & Platt?
The EV/EBIT of Leggett & Platt, Inc. 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 NYSE compared to Leggett & Platt
What does Leggett & Platt do?
Leggett & Platt is an American diversified manufacturer that designs and produces various engineered components and products that can be found in homes and automobiles. The company offers steel rods, drawn wires, foam chemicals and additives, innersprings, specialty foams, private label finished mattresses, mattress foundations, wire forms for mattress foundations, adjustable beds, industrial sewing and quilting machines, and mattress packaging and glue drying equipment, as well as machines to produce innersprings for industrial users of steel rods and wires, manufacturers of finished bedding, big box and e-commerce retailers, bedding brands and mattress retailers, department stores, and home improvement centers.
Companies with ev/ebit similar to Leggett & Platt
- Mkango Resources has EV/EBIT of N/A
- Echo Plc has EV/EBIT of N/A
- Ascletis Pharma Inc has EV/EBIT of N/A
- TherapeuticsMD Inc has EV/EBIT of N/A
- Selecta Biosciences Inc has EV/EBIT of N/A
- Honey Badger Exploration has EV/EBIT of N/A
- Leggett & Platt has EV/EBIT of N/A
- Gamesquare Esports has EV/EBIT of N/A
- Third Point Offshore Investors has EV/EBIT of N/A
- Collagen Solutions plc has EV/EBIT of N/A
- Quantafuel ASA has EV/EBIT of N/A
- Westwater Resources Inc has EV/EBIT of N/A
- Inseego Corp has EV/EBIT of N/A