GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Iris Acquisition Corp (NAS:IRAA) » Definitions » EV-to-EBIT

Iris Acquisition (Iris Acquisition) EV-to-EBIT : -59.20 (As of May. 27, 2024)


View and export this data going back to 2021. Start your Free Trial

What is Iris Acquisition EV-to-EBIT?

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Iris Acquisition's Enterprise Value is $78.38 Mil. Iris Acquisition's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 was $-1.32 Mil. Therefore, Iris Acquisition's EV-to-EBIT for today is -59.20.

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

IRAA' s EV-to-EBIT Range Over the Past 10 Years
Min: -843.61   Med: 0   Max: 0
Current: -59.2

IRAA's EV-to-EBIT is ranked worse than
100% of 175 companies
in the Diversified Financial Services industry
Industry Median: 8.56 vs IRAA: -59.20

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Iris Acquisition's Enterprise Value for the quarter that ended in Mar. 2024 was $79.17 Mil. Iris Acquisition's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 was $-1.32 Mil. Iris Acquisition's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was -1.67%.


Iris Acquisition EV-to-EBIT Historical Data

The historical data trend for Iris Acquisition'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.

Iris Acquisition EV-to-EBIT Chart

Iris Acquisition Annual Data
Trend Dec20 Dec21 Dec22 Dec23
EV-to-EBIT
- -133.02 7.87 -71.25

Iris Acquisition Quarterly Data
Nov20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 7.91 8.54 7.93 -71.25 -59.80

Competitive Comparison of Iris Acquisition's EV-to-EBIT

For the Shell Companies subindustry, Iris Acquisition'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.


Iris Acquisition's EV-to-EBIT Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Iris Acquisition's EV-to-EBIT distribution charts can be found below:

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



Iris Acquisition EV-to-EBIT Calculation

Iris Acquisition's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=78.383/-1.324
=-59.20

Iris Acquisition's current Enterprise Value is $78.38 Mil.
Iris Acquisition's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-1.32 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.


Iris Acquisition  (NAS:IRAA) 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) %.

Iris Acquisition's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 is calculated as:

Earnings Yield (Joel Greenblatt) % (Q: Mar. 2024 ) =EBIT / Enterprise Value (Q: Mar. 2024 )
=-1.324/79.1733648
=-1.67 %

Iris Acquisition's Enterprise Value for the quarter that ended in Mar. 2024 was $79.17 Mil.
Iris Acquisition's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-1.32 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.


Iris Acquisition EV-to-EBIT Related Terms

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


Iris Acquisition (Iris Acquisition) Business Description

Traded in Other Exchanges
Address
122 Mary Street, P.O. Box 10085, 3rd Floor Zephyr House, George Town, Grand Cayman, CYM, KY1-1001
Iris Acquisition Corp is a blank check company.
Executives
Manish C. Shah director 1115 BROADWAY, TENTH FLOOR, NEW YORK NY 10010
Lisha Parmar officer: Chief Financial Officer UNIT 1611 INDEX TOWER DIFC, PO BOX 941641, DUBAI C0 00000
Omkar Halady officer: Vice President UNIT 1611 INDEX TOWER DIFC, PO BOX 941641, DUBAI C0 00000
Duriya M Farooqui director C/O INTERCONTINENTAL EXCHANGE, INC., 5660 NEW NORTHSIDE DRIVE, ATLANTA GA 30328
Richard N. Peretz director 55 GLENLAKE PARKWAY, NE, ATLANTA GA 30328
Henry S. Ward director C/O FISKER INC., 1580 FRANCISCO STREET, SUITE B, TORRANCE CA 90501
Tribe Arrow Holdings I Llc 10 percent owner 2700 19TH ST, SAN FRANCISCO CA 94110
Rohit Nanani director 2700 19TH STREET, SAN FRANCISCO CA 94110
Ted Maidenberg officer: Secretary 2700 19TH STREET, SAN FRANCISCO CA 94110
Sumit Mehta officer: Vice President 2700 19TH STREET, SAN FRANCISCO CA 94110
Arjun Sethi director, officer: Chairman & CEO 2700 19TH STREET, SAN FRANCISCO CA 94110
Omar Chohan officer: Chief Financial Officer 2700 19TH STREET, SAN FRANCISCO CA 94110