Since December 31st, 2018, Tenneco Inc's enterprise value to ebit (ev/ebit) has increased from 3.33 to 5.27 at September 29th, 2023.
Tenneco Inc's enterprise value to ebit (ev/ebit) as of September 29th, 2023 of 5.27 was lower than its peers in the Auto Parts industry group of September 30th, 2023 of 22.38. From December 31st, 2018 to September 29th, 2023, Tenneco Inc's average enterprise value to ebit (ev/ebit) was 6.54 compared to an industry average of 36.37.
Tenneco, Inc. designs, manufactures, and distributes emission control and ride control products and systems for the automotive original equipment market and the repair and replacement markets. The company operates through the following segments: North America Clean Air; North America Ride Performance; Europe, South America and India Clean Air; Europe, South America and India Ride Performance; Asia Pacific Clean Air; Asia Pacific Ride Performance. Each operating segment manufactures and distributes either ride control or emission control products primarily for the original equipment and aftermarket industries. Its brands include Monroe, Rancho, Clevite Elastomers, Marzocchi, Axios, Kinetic, and Fric-Rot for ride control products; and Walker, Fonos, DynoMax, Thrush, and Lukey for emission control products. The company was founded in 1996 and is headquartered in Lake Forest, IL.
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