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AvidXchange Holdings (AvidXchange Holdings) EV-to-EBIT : -66.84 (As of May. 03, 2024)


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What is AvidXchange Holdings EV-to-EBIT?

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, AvidXchange Holdings's Enterprise Value is $2,179.6 Mil. AvidXchange Holdings's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was $-32.6 Mil. Therefore, AvidXchange Holdings's EV-to-EBIT for today is -66.84.

The historical rank and industry rank for AvidXchange Holdings's EV-to-EBIT or its related term are showing as below:

AVDX' s EV-to-EBIT Range Over the Past 10 Years
Min: -72.63   Med: -21.39   Max: -5.72
Current: -66.84

During the past 5 years, the highest EV-to-EBIT of AvidXchange Holdings was -5.72. The lowest was -72.63. And the median was -21.39.

AVDX's EV-to-EBIT is ranked worse than
100% of 1647 companies
in the Software industry
Industry Median: 17.72 vs AVDX: -66.84

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. AvidXchange Holdings's Enterprise Value for the quarter that ended in Dec. 2023 was $2,220.7 Mil. AvidXchange Holdings's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was $-32.6 Mil. AvidXchange Holdings's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was -1.47%.


AvidXchange Holdings EV-to-EBIT Historical Data

The historical data trend for AvidXchange Holdings's EV-to-EBIT can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

AvidXchange Holdings EV-to-EBIT Chart

AvidXchange Holdings Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
EV-to-EBIT
- - -14.07 -20.84 -68.10

AvidXchange Holdings Quarterly Data
Dec19 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
EV-to-EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -20.84 -17.70 -26.85 -31.49 -68.10

Competitive Comparison of AvidXchange Holdings's EV-to-EBIT

For the Software - Infrastructure subindustry, AvidXchange Holdings's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


AvidXchange Holdings's EV-to-EBIT Distribution in the Software Industry

For the Software industry and Technology sector, AvidXchange Holdings's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where AvidXchange Holdings's EV-to-EBIT falls into.



AvidXchange Holdings EV-to-EBIT Calculation

AvidXchange Holdings's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=2179.605/-32.611
=-66.84

AvidXchange Holdings's current Enterprise Value is $2,179.6 Mil.
AvidXchange Holdings's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-32.6 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


AvidXchange Holdings  (NAS:AVDX) EV-to-EBIT Explanation

This is a more accurate valuation of companies' operation because it considers the debt and cash on its balance sheet, and non-operating items such as interest payment, tax, and one-time items are not included in the Operating Income.

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %.

AvidXchange Holdings's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 is calculated as:

Earnings Yield (Joel Greenblatt) % (Q: Dec. 2023 ) =EBIT / Enterprise Value (Q: Dec. 2023 )
=-32.611/2220.70576
=-1.47 %

AvidXchange Holdings's Enterprise Value for the quarter that ended in Dec. 2023 was $2,220.7 Mil.
AvidXchange Holdings's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-32.6 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


AvidXchange Holdings EV-to-EBIT Related Terms

Thank you for viewing the detailed overview of AvidXchange Holdings's EV-to-EBIT provided by GuruFocus.com. Please click on the following links to see related term pages.


AvidXchange Holdings (AvidXchange Holdings) Business Description

Traded in Other Exchanges
N/A
Address
1210 AvidXchange Lane, Charlotte, NC, USA, 28206
AvidXchange Holdings Inc is a provider of AP automation software and payment solutions for middle-market businesses and their suppliers. It generates the majority of its sales from Payment revenue followed by Software revenue and Services revenue. The company generates revenue in the United States.
Executives
Joel Wilhite officer: See Remarks 1210 AVIDXCHANGE LANE, CHARLOTTE NC 28206
Ryan Stahl officer: See Remarks 1210 AVIDXCHANGE LANE, CHARLOTTE NC 28206
Todd Alan Cunningham officer: See Remarks 1210 AVIDXCHANGE LANE, CHARLOTTE NC 28206
Michael Praeger director, officer: See Remarks 1210 AVIDXCHANGE LANE, CHARLOTTE NC 28206
Daniel Drees officer: See Remarks 1210 AVIDXCHANGE LANE, CHARLOTTE NC 28206
Angelic Gibson officer: See Remarks 1210 AVIDXCHANGE LANE, CHARLOTTE NC 28206
Matthew C Harris director, 10 percent owner 1 BANK STREET, 2ND FLOOR, WILLIAMSTOWN MA 01267
James E Hausman director 1210 AVIDXCHANGE LANE, CHARLOTTE NC 28206
Sonali Sambhus director C/O AVIDXCHANGE HOLDINGS, INC., 1210 AVIDXCHANGE LANE, CHARLOTTE NC 28206
Asif Ramji director 3399 PEACHTREE ROAD NE, SUITE 1900, ATLANTA GA 30326
Bain Capital Venture Partners 2014, L.p. 10 percent owner 200 CLARENDON STREET, BOSTON MA 02116
Teresa Mackintosh director 1210 AVIDXCHANGE LANE, CHARLOTTE NC 28206
Bcv Ax Investors, L.p. 10 percent owner 200 CLARENDON ST, BOSTON MA 02116
Bain Capital Venture Coinvestment Partners, L.p. 10 percent owner 200 CLARENDON STREET, BOSTON MA 02116
Bain Capital Venture Coinvestment Fund, L.p. 10 percent owner JOHN HANCOCK TOWER, 200 CLARENDON STREET, BOSTON MA 02116