Honeywell Automation India EV/EBITDA
What is the EV/EBITDA of Honeywell Automation India?
The EV/EBITDA of Honeywell Automation India Limited is 81.09
What is the definition of EV/EBITDA?
EV/EBITDA is enterprise value divided by earnings before interest, tax, depreciation, and amortization. It is a measure of how expensive a stock is and is more frequently valid for comparisons across companies than the price to earnings ratio. It measures the price (in the form of enterprise value) an investor pays for the benefit of the company’s cash flow (in the form of EBITDA).
= enterprise value / EBITDA
Price to earnings ratios are impacted by a company's choice of capital structure - companies which raise money via debt will have lower P/Es (and therefore look cheaper) than companies that raise an equivalent amount of money by issuing shares, even though the two companies might have equivalent enterprise values. A sample case is when a company with debt were to raise money by issuing shares of stock, and then used the money to pay off the debt, this company's P/E ratio would shoot up because of the increased number of shares - although nothing about the fundamental value of the business has changed. EV / EBITDA is unaffected by capital structure as enterprise value includes the value of debt, and EBITDA is available to all investors (debt and equity) as it excludes interest payments on that debt. It is ideal for analysts and potential investors looking to compare companies within the same industry.
EV/EBITDA of companies in the Industrials sector on NSE compared to Honeywell Automation India
What does Honeywell Automation India do?
Honeywell Automation India Limited provides integrated automation and control systems in India and internationally. The company manufactures and sells electronic systems and components; and trades in, repairs, and maintains machinery, equipment, and supplies. It also provides building management systems, fire detection and alarm systems, access control systems, video surveillance systems, and integrated security and building management systems, as well as aftermarket services for various control systems; and utilities' operations and maintenance services for mechanical and electrical systems in buildings. In addition, the company offers project engineering and software development services; engineering, sourcing, manufacturing, testing, project management, and systems design services; lifecycle and technology migration services; and industrial cyber security services. Further, it engages in the sensing and internet of things activities. The company was incorporated in 1984 and is based in Pune, India. Honeywell Automation India Limited is a subsidiary of HAIL Mauritius Limited.
Companies with ev/ebitda similar to Honeywell Automation India
- Tubesolar Ag Inh O.N has EV/EBITDA of 80.27
- IRIS Business Services has EV/EBITDA of 80.33
- AVEVA Plc has EV/EBITDA of 80.42
- Changsha Broad Homes Industrial Co has EV/EBITDA of 80.55
- Jaiprakash Associates has EV/EBITDA of 80.65
- Tern Properties has EV/EBITDA of 81.00
- Honeywell Automation India has EV/EBITDA of 81.09
- Prataap Snacks has EV/EBITDA of 81.13
- Hennes & Mauritz AB has EV/EBITDA of 81.50
- GMM Pfaudler has EV/EBITDA of 81.80
- Workday Inc has EV/EBITDA of 81.87
- comScore has EV/EBITDA of 82.03
- comScore has EV/EBITDA of 82.03