Fitbit (Fitbit) EV-to-EBIT : -4.93 (As of May. 14, 2024)

Fitbit EV-to-EBIT Chart

Fitbit Quarterly Data
	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20
EV-to-EBIT	Get a 7-Day Free Trial															-3.12	-4.02	-3.98	-3.48	-4.03

Competitive Comparison of Fitbit's EV-to-EBIT

For the Scientific & Technical Instruments subindustry, Fitbit'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.

Fitbit's EV-to-EBIT Distribution in the Hardware Industry

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

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

Fitbit EV-to-EBIT Calculation

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

Fitbit's current Enterprise Value is $1,888 Mil.
Fitbit's EBIT for the trailing twelve months (TTM) ended in Sep. 2020 adds up the quarterly data reported by the company within the most recent 12 months, which was $-383 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.

Fitbit  (NYSE:FIT) 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) %.

Fitbit's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2020 is calculated as:

Fitbit's Enterprise Value for the quarter that ended in Sep. 2020 was $1,560 Mil.
Fitbit's EBIT for the trailing twelve months (TTM) ended in Sep. 2020 adds up the quarterly data reported by the company within the most recent 12 months, which was $-383 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.

Fitbit EV-to-EBIT Related Terms

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

Fitbit (Fitbit) Business Description