Tasty Bite Eatables EV/EBITDA
What is the EV/EBITDA of Tasty Bite Eatables?
The EV/EBITDA of Tasty Bite Eatables Limited is 62.49
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 Consumer Staples sector on NSE compared to Tasty Bite Eatables
What does Tasty Bite Eatables do?
Tasty Bite Eatables Limited manufactures and sells ready-to-eat food, and formed frozen food and specialty sauces under the Tasty Bite brand name in India and internationally. The company offers rice, Indian entrées, Asian noodles, patties, appetizers, ready meals, and gravies and pastes, as well as specialty, emulsion, and tomato based sauces; and ingredients, such as basmati rice, black lentils, brown rice, cardamom, cashew nuts, chickpeas, cloves, coconut milk, coriander, and cumin. The company was incorporated in 1985 and is based in Pune, India. Tasty Bite Eatables Limited is a subsidiary of Preferred Brands Foods (India) Private Limited.
Companies with ev/ebitda similar to Tasty Bite Eatables
- Raytron Technology Co has EV/EBITDA of 61.91
- MamaMancini's has EV/EBITDA of 61.99
- China Beidahuang Industry has EV/EBITDA of 62.12
- Orient Refractories has EV/EBITDA of 62.25
- Pegasus International has EV/EBITDA of 62.34
- The Citadel has EV/EBITDA of 62.44
- Tasty Bite Eatables has EV/EBITDA of 62.49
- Relaxo Footwears has EV/EBITDA of 62.50
- Shanghai Friendess Electronic Technology has EV/EBITDA of 62.51
- Novra Technologies has EV/EBITDA of 62.52
- New Concepts has EV/EBITDA of 62.56
- Arnold Ltd has EV/EBITDA of 62.60
- Premier African Minerals has EV/EBITDA of 62.89