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Harmony Acquisitions (TSXV:MONY.P) EV-to-EBIT : -2.14 (As of Jun. 05, 2024)


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What is Harmony Acquisitions EV-to-EBIT?

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Harmony Acquisitions's Enterprise Value is C$0.12 Mil. Harmony Acquisitions's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 was C$-0.06 Mil. Therefore, Harmony Acquisitions's EV-to-EBIT for today is -2.14.

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

TSXV:MONY.P' s EV-to-EBIT Range Over the Past 10 Years
Min: -9.72   Med: 0   Max: 0.11
Current: -2.14

During the past 3 years, the highest EV-to-EBIT of Harmony Acquisitions was 0.11. The lowest was -9.72. And the median was 0.00.

TSXV:MONY.P's EV-to-EBIT is ranked worse than
100% of 182 companies
in the Diversified Financial Services industry
Industry Median: 8.955 vs TSXV:MONY.P: -2.14

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Harmony Acquisitions's Enterprise Value for the quarter that ended in Mar. 2024 was C$0.15 Mil. Harmony Acquisitions's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 was C$-0.06 Mil. Harmony Acquisitions's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was -37.24%.


Harmony Acquisitions EV-to-EBIT Historical Data

The historical data trend for Harmony Acquisitions'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.

Harmony Acquisitions EV-to-EBIT Chart

Harmony Acquisitions Annual Data
Trend Jun21 Jun22 Jun23
EV-to-EBIT
- -0.44 -0.64

Harmony Acquisitions Quarterly Data
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 -0.04 -0.64 -0.67 -3.07 -2.69

Competitive Comparison of Harmony Acquisitions's EV-to-EBIT

For the Shell Companies subindustry, Harmony Acquisitions'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.


Harmony Acquisitions's EV-to-EBIT Distribution in the Diversified Financial Services Industry

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

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



Harmony Acquisitions EV-to-EBIT Calculation

Harmony Acquisitions's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=0.122/-0.057
=-2.14

Harmony Acquisitions's current Enterprise Value is C$0.12 Mil.
Harmony Acquisitions's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was C$-0.06 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.


Harmony Acquisitions  (TSXV:MONY.P) 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) %.

Harmony Acquisitions'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 )
=-0.057/0.1530585
=-37.24 %

Harmony Acquisitions's Enterprise Value for the quarter that ended in Mar. 2024 was C$0.15 Mil.
Harmony Acquisitions's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was C$-0.06 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.


Harmony Acquisitions EV-to-EBIT Related Terms

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


Harmony Acquisitions (TSXV:MONY.P) Business Description

Traded in Other Exchanges
N/A
Address
550 Burrard Street, Suite 2300, Bentall 5, Vancouver, BC, CAN, V6C 2B5
Website
Harmony Acquisitions Corp is a capital pool company. The principal business of the Company is the identification and evaluation of assets or businesses with a view to completing a Qualifying Transaction (QT).

Harmony Acquisitions (TSXV:MONY.P) Headlines

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