Novoray

Novoray EV/EBIT

The EV/EBIT (Enterprise Value to EBIT) of Novoray (688300.SS) as of Nov 4, 2026 is 45.20. In the previous year, EV/EBIT (Enterprise Value to EBIT) was 53.15 — a change of -14.96% (lower).

EV/EBIT

45.20

YoY

-14.96%

Last updated:

EV/EBIT (Enterprise Value to EBIT) of Novoray is 2025 45.20 . EV/EBIT (Enterprise Value to EBIT) of Novoray was 2024 53.15 . It decreases by -14.96% lower compared to the previous year.

The Novoray EV/EBIT history

  • 3 Years

  • 10 Years

  • 25 Years

  • Max

EV/EBIT
Date
EV/EBIT
Jan 1, 2019
177.16 CNY
Jan 1, 2020
122.39 CNY
Jan 1, 2021
76.89 CNY
Jan 1, 2022
79.55 CNY
Jan 1, 2023
77.61 CNY
Jan 1, 2024
53.15 CNY
Jan 1, 2025
45.20 CNY
Jan 1, 2026 (e)
47.11 CNY
The Novoray EV/EBIT history
YEAREV/EBITYoY
est47.11+4.22%
45.20-14.96%
53.15-31.52%
77.61-2.44%
79.55+3.46%
76.89-37.18%
122.39-30.91%
177.16-20.68%
223.35-30.28%
320.34-34.97%
492.60-42.90%
862.68-5.17%
909.72—

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Novoray Valuation

Details

Historical Valuation Multiples

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Price-to-Earnings Ratio (P/E)

The P/E ratio divides Novoray's share price by its earnings per share. It tells you how many years of current earnings you are "paying for" when you buy the stock. A P/E of 20 means you pay $20 for every $1 of annual earnings. The S&P 500 historically trades at an average P/E of roughly 15–17. A P/E significantly above that may signal high growth expectations; one below may indicate undervaluation — or declining business quality.

Price-to-Sales Ratio (P/S)

The P/S ratio divides market capitalization by total revenue. Unlike the P/E ratio, it works even for companies that are not yet profitable, making it essential for evaluating high-growth firms. A P/S below 1.0 may indicate undervaluation, while ratios above 10 are typically reserved for fast-growing tech or SaaS companies with high expected future margins.

Price-to-EBIT Ratio

This ratio relates Novoray's market price to its operating earnings, excluding the effects of debt structure and tax jurisdiction. It is particularly useful for comparing companies across different countries or with different levels of leverage, because it focuses purely on operational profitability. Lower values suggest cheaper operational earnings.

How to Use This Chart

This chart plots Novoray's valuation multiples over time. Compare the current P/E, P/S, and P/EBIT to their own historical averages — if the current ratio is well below the multi-year average, the stock may be relatively cheap compared to its own track record. Combine this with industry comparisons: a P/E that looks high in absolute terms may be justified if Novoray grows earnings faster than its peers.

Novoray Stock analysis

What does Novoray do? Novoray Corp. generates revenue through the research, development, and sale of silica powder materials. The company produces micron-level and sub-micron-level angular powders, micron-level spherical inorganic powders processed by flame fusion, sub-micron-level spherical particles using high-temperature oxidation and liquid phase methods, ultrafine particles with surface treatment, functional particles, and slurry products. These products are sold to industries requiring epoxy molding materials (EMC), liquid molding materials (LMC), underfill materials, copper clad laminates (CCL), laminated adhesive films, thermal interface materials (TIM), and adhesives for new energy vehicle batteries and solar photovoltaic cells. The primary customers include manufacturers of electronic components and materials for the semiconductor and renewable energy sectors. The firm's product portfolio targets specific applications in chip packaging, electronic circuits, and thermal management solutions. Customers in the semiconductor industry purchase EMC, LMC, and Underfill materials, while those in renewable energy sources utilize TIM and structural adhesives for solar cells. The company's focus on specialized silica powders for high-performance materials ensures steady demand from technology-driven markets. Novoray Corp. serves industrial segments where precision and material performance are critical, such as semiconductor manufacturing and renewable energy production. Its products enable enhanced thermal conductivity and structural integrity in electronic devices and energy systems. By addressing niche requirements in these sectors, the company secures contracts with established manufacturers in both electronics and clean energy fields. Novoray is one of the most popular companies on Eulerpool.

Frequently Asked Questions about Novoray stock

EV/EBIT (Enterprise Value to EBIT) of Novoray is 45.20 in 2025.

EV/EBIT (Enterprise Value to EBIT) of Novoray changed from 53.15 to 45.20, representing a -14.96% change. The value is lower than the previous year.

On Eulerpool you can find the complete historical development of EV/EBIT (Enterprise Value to EBIT) Novoray since 2006 – with annual values, charts, and detailed analysis.

The EV/EBIT ratio measures a company's enterprise value relative to its operating earnings. It accounts for debt, making it useful for comparing companies with different capital structures.

EV/EBIT = Enterprise Value / Earnings Before Interest and Taxes

To evaluate EV/EBIT (Enterprise Value to EBIT)'s, it is essential to compare it with peers in the same industry and sector. On Eulerpool, you can find direct industry comparisons for EV/EBIT (Enterprise Value to EBIT).

A 'good' varies by industry and company stage. On Eulerpool, you can compare EV/EBIT (Enterprise Value to EBIT)'s Novoray with sector peers and the industry average to assess whether it is attractive.

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Valuation — Novoray

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