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SmartRent (SmartRent) EV-to-EBIT : -12.96 (As of Apr. 28, 2024)


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What is SmartRent EV-to-EBIT?

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, SmartRent's Enterprise Value is $559.2 Mil. SmartRent's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was $-43.2 Mil. Therefore, SmartRent's EV-to-EBIT for today is -12.96.

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

SMRT' s EV-to-EBIT Range Over the Past 10 Years
Min: -71.18   Med: -6.63   Max: -1.86
Current: -12.96

During the past 4 years, the highest EV-to-EBIT of SmartRent was -1.86. The lowest was -71.18. And the median was -6.63.

SMRT's EV-to-EBIT is ranked worse than
100% of 1662 companies
in the Software industry
Industry Median: 17.325 vs SMRT: -12.96

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. SmartRent's Enterprise Value for the quarter that ended in Dec. 2023 was $433.4 Mil. SmartRent's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was $-43.2 Mil. SmartRent's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was -9.96%.


SmartRent EV-to-EBIT Historical Data

The historical data trend for SmartRent'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.

SmartRent EV-to-EBIT Chart

SmartRent Annual Data
Trend Dec20 Dec21 Dec22 Dec23
EV-to-EBIT
- -20.18 -2.61 -10.04

SmartRent Quarterly Data
Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 -2.61 -3.34 -7.46 -5.35 -10.04

Competitive Comparison of SmartRent's EV-to-EBIT

For the Software - Application subindustry, SmartRent'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.


SmartRent's EV-to-EBIT Distribution in the Software Industry

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

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



SmartRent EV-to-EBIT Calculation

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

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=559.161/-43.159
=-12.96

SmartRent's current Enterprise Value is $559.2 Mil.
SmartRent'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 $-43.2 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.


SmartRent  (NYSE:SMRT) 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) %.

SmartRent'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 )
=-43.159/433.39913
=-9.96 %

SmartRent's Enterprise Value for the quarter that ended in Dec. 2023 was $433.4 Mil.
SmartRent'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 $-43.2 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.


SmartRent EV-to-EBIT Related Terms

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


SmartRent (SmartRent) Business Description

Traded in Other Exchanges
N/A
Address
8665 E. Hartford Drive, Suite 200, Scottsdale, AZ, USA, 85255
SmartRent Inc is an enterprise smart home and smart building technology platform for property owners, managers and residents. The SmartRent solution is designed to provide property managers with seamless visibility and control over all their assets while delivering cost savings and additional revenue opportunities through all-in-one home control offerings for residents. Geographical, it operates in the United States and International; majority revenue being generated from the United States.
Executives
Alana Beard director 6060 CENTER DRIVE 10TH FLOOR, LOS ANGELES CA 90045
Bruce C Strohm director C/O EQUITY RESIDENTIAL, TWO NORTH RIVERSIDE PLAZA, SUITE 400, CHICAGO IL 60606
Isaiah Derose-wilson officer: Chief Technology Officer 18835 N. THOMPSON PEAK PARKWAY, SUITE 300, SCOTTSDALE AZ 85255
Kristen Morse Lee officer: General Counsel 8665 E HARTFORD DRIVE SUITE 200, SCOTTSDALE AZ 85255
Robert T. Best director 18835 N. THOMPSON PEAK PARKWAY, SUITE 300, SCOTTSDALE AZ 85255
Bain Capital Venture Fund 2019, L.p. 10 percent owner 200 CLARENDON STREET, BOSTON MA 02116
Christopher Jon Edmonds officer: Chief Revenue Officer 18835 N. THOMPSON PEAK PARKWAY, SUITE 300, SCOTTSDALE AZ 85255
Demetrios Barnes officer: Chief Operating Officer 18835 N. THOMPSON PEAK PARKWAY, SUITE 300, SCOTTSDALE AZ 85255
Mitch Karren officer: Chief Product Officer 18835 N. THOMPSON PEAK PARKWAY, SUITE 300, SCOTTSDALE AZ 85255
Robyn Young officer: Chief Marketing Officer 8665 E HARTFORD DRIVE, SUITE 200, SCOTTSDALE AZ 855255
Hiroshi Okamoto officer: CFO 8665 E HARTFORD DRIVE, SUITE 200, SCOTTSDALE AZ 85255
John Hanson Helm 10 percent owner C/O REAL ESTATE TECHNOLOGY VENTURES, 136 HEBER AVE, SUITE 304, PARK CITY UT 84060
Brian M Roberts officer: Chief Legal Officer 18835 N. THOMPSON PEAK PARKWAY, SUITE 300 & 380, SCOTTSDALE AZ 85255
Jonathan Wolter officer: Chief Financial Officer 1235 RADIO ROAD, SUITE 110, REDWOOD CITY CA 94065
Lucas Merwan Haldeman director, officer: Chief Executive Officer 18835 N. THOMPSON PEAK PARKWAY, SUITE 300, SCOTTSDALE AZ 85255