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GuruFocus has detected 2 Warning Signs with PolarityTE Inc $COOL.
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PolarityTE Inc (NAS:COOL)
EV/EBIT
-3.05 (As of Today)

EV/EBIT ratio is calculated as enterprise value divided by its Earnings Before Interest and Taxes (EBIT). As of today, PolarityTE Inc's enterprise value is $14.96 Mil. PolarityTE Inc's earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Oct. 2016 was $-4.91 Mil. Therefore, PolarityTE Inc's EV/EBIT ratio for today is -3.05.

COOL' s EV/EBIT Range Over the Past 10 Years
Min: -208.6   Max: 49
Current: -3.05

-208.6
49

During the past 13 years, the highest EV/EBIT Ratio of PolarityTE Inc was 49.00. The lowest was -208.60. And the median was -0.60.

COOL's EV/EBIT is ranked lower than
99.99% of the 1184 Companies
in the Global Electronic Gaming & Multimedia industry.

( Industry Median: 17.51 vs. COOL: -3.05 )

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt). PolarityTE Inc's enterprise value for the quarter that ended in Oct. 2016 was $13.58 Mil. PolarityTE Inc's earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Oct. 2016 was $-4.91 Mil. PolarityTE Inc's Earnings Yield (Joel Greenblatt) for the quarter that ended in Oct. 2016 was -36.12%.


Definition

PolarityTE Inc's EV/EBIT for today is calculated as:

EV/EBIT=Enterprise Value (Today)/Earnings Before Interest and Taxes (EBIT) (TTM)
=14.955/-4.906
=-3.05

PolarityTE Inc's current Enterprise Value is $14.96 Mil.
PolarityTE Inc's Earnings Before Interest and Taxes (EBIT) for the trailing twelve months (TTM) ended in Oct. 2016 was -0.654 (Jan. 2016 ) + -1.078 (Apr. 2016 ) + -2.65 (Jul. 2016 ) + -0.524 (Oct. 2016 ) = $-4.91 Mil.

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.


Explanation

This is a more accurate valuation of companies' operation because it consider 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).

PolarityTE Inc's Earnings Yield (Joel Greenblatt) for the quarter that ended in Oct. 2016 is calculated as:

Earnings Yield (Joel Greenblatt) (Q: Oct. 2016 )=EBIT (TTM)/Enterprise Value (Q: Oct. 2016 )
=-4.906/13.5824
=-36.12 %

PolarityTE Inc's Enterprise Value for the quarter that ended in Oct. 2016 was $13.58 Mil.
PolarityTE Inc's Earnings Before Interest and Taxes (EBIT) for the trailing twelve months (TTM) ended in Oct. 2016 was -0.654 (Jan. 2016 ) + -1.078 (Apr. 2016 ) + -2.65 (Jul. 2016 ) + -0.524 (Oct. 2016 ) = $-4.91 Mil.

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.


Related Terms

Enterprise Value, Earnings Yield (Joel Greenblatt), Earnings Before Interest and Taxes (EBIT)


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

PolarityTE Inc Annual Data

Oct07Oct08Oct09Oct10Oct11Oct12Oct13Oct14Oct15Oct16
ev2ebit -11.592.76-3.95-10.1214.694.25-1.20-0.10-1.94-2.77

PolarityTE Inc Quarterly Data

Jul14Oct14Jan15Apr15Jul15Oct15Jan16Apr16Jul16Oct16
ev2ebit -0.07-0.100.16-0.81-1.60-1.94-3.53-4.29-2.91-2.77
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