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Corner Growth Acquisition (Corner Growth Acquisition) EV-to-EBIT

: -37.41 (As of Today)
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EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Corner Growth Acquisition's Enterprise Value is $117.09 Mil. Corner Growth Acquisition's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was $-3.13 Mil. Therefore, Corner Growth Acquisition's EV-to-EBIT for today is -37.41.

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

COOL' s EV-to-EBIT Range Over the Past 10 Years
Min: -310.45   Med: 0   Max: 0
Current: -37.41

COOL's EV-to-EBIT is ranked worse than
100% of 169 companies
in the Diversified Financial Services industry
Industry Median: 9.12 vs COOL: -37.41

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Corner Growth Acquisition's Enterprise Value for the quarter that ended in Dec. 2023 was $111.16 Mil. Corner Growth Acquisition's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was $-3.13 Mil. Corner Growth Acquisition's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was -2.82%.


Corner Growth Acquisition EV-to-EBIT Historical Data

The historical data trend for Corner Growth 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.

Corner Growth Acquisition Annual Data
Trend Dec20 Dec21 Dec22 Dec23
EV-to-EBIT
- -286.34 -56.31 -35.51

Corner Growth Acquisition Quarterly Data
Oct20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
EV-to-EBIT Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -56.31 -55.56 -38.23 -38.23 -35.51

Competitive Comparison

For the Shell Companies subindustry, Corner Growth 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.


Corner Growth Acquisition EV-to-EBIT Distribution

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

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



Corner Growth Acquisition EV-to-EBIT Calculation

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

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=117.092/-3.13
=-37.41

Corner Growth Acquisition's current Enterprise Value is $117.09 Mil.
Corner Growth Acquisition'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 $-3.13 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.


Corner Growth Acquisition  (NAS:COOL) 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) %.

Corner Growth Acquisition'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 )
=-3.13/111.15937499
=-2.82 %

Corner Growth Acquisition's Enterprise Value for the quarter that ended in Dec. 2023 was $111.16 Mil.
Corner Growth Acquisition'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 $-3.13 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.


Corner Growth Acquisition EV-to-EBIT Related Terms

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Corner Growth Acquisition (Corner Growth Acquisition) Business Description

Traded in Other Exchanges
Address
251 Lytton Avenue, Suite 200, Palo Alto, CA, USA, 94301
Corner Growth Acquisition Corp is a blank check company.
Executives
John J. Cadeddu director, 10 percent owner 251 LYTTON AVENUE, SUITE 200, PALO ALTO CA 94301
Alexandre Balkanski director 2480 SAND HILL ROAD, SUITE 200, MENLO PARK CA 94025
Jason Park director 222 BERKELEY STREET, FLOOR 5, BOSTON MA 02116
Marvin Tien director, officer: Chief Executive Officer C/O CGA, 251 LYTTON AVENUE, SUITE 200, PALO ALTO CA 94301
Cga Sponsor, Llc 10 percent owner 251 LYTTON AVENUE, SUITE 200, PALO ALTO CA 94301
Jane Batzofin officer: President C/O CGA, 251 LYTTON AVENUE, SUITE 200, PALO ALTO CA 94301
David Kutcher officer: Chief Financial Officer C/O CGA, 251 LYTTON AVENUE, SUITE 200, PALO ALTO CA 94301
John Mulkey director C/O CGA, 251 LYTTON AVENUE, SUITE 200, PALO ALTO CA 94301
Kevin Tanaka officer: DCD C/O CGA, 251 LYTTON AVENUE, SUITE 200, PALO ALTO CA 94301