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Spartan Energy Acquisition (Spartan Energy Acquisition) Earnings Power Value (EPV) : $ (As of Jun20)


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What is Spartan Energy Acquisition Earnings Power Value (EPV)?

As of Jun20, Spartan Energy Acquisition's earnings power value is $. *

* GuruFocus does not store EPV value into our database if Average Maintenance CAPEX is 0.

Margin of Safety is N/A.

The basic concept of EPV is that one should value a stock based on the current free cash flow of a company and not on future projections which may, or may not, come true. It is arguably a better way to analyze stocks than Discounted Cash Flow analysis that relies on highly speculative growth assumptions many years into the future. Assumption: Current profitability is sustainable.


Spartan Energy Acquisition Earnings Power Value (EPV) Historical Data

The historical data trend for Spartan Energy Acquisition's Earnings Power Value (EPV) 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.

Spartan Energy Acquisition Earnings Power Value (EPV) Chart

Spartan Energy Acquisition Annual Data
Trend Dec17 Dec18 Dec19
Earnings Power Value (EPV)
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Spartan Energy Acquisition Quarterly Data
Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20
Earnings Power Value (EPV) Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - - -

Competitive Comparison of Spartan Energy Acquisition's Earnings Power Value (EPV)

For the Shell Companies subindustry, Spartan Energy Acquisition's Earnings Power Value (EPV), along with its competitors' market caps and Earnings Power Value (EPV) 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.


Spartan Energy Acquisition's Earnings Power Value (EPV) Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Spartan Energy Acquisition's Earnings Power Value (EPV) distribution charts can be found below:

* The bar in red indicates where Spartan Energy Acquisition's Earnings Power Value (EPV) falls into.



Spartan Energy Acquisition Earnings Power Value (EPV) Calculation

Earnings Power Value also known as just Earnings Power is a valuation technique popularised by Bruce Greenwald, an authority on value investing at Columbia University. It is arguably a better way to analyze stocks than Discounted Cash Flow analysis that relies on highly speculative growth assumptions many years into the future.

The basic concept of EPV is that one should value a stock based on the current free cash flow of a company and not on future projections which may, or may not, come true. This valuation tool excludes the potential growth that a company may have so that needs to be looked at separately. Since future growth is excluded from the analysis, only the maintenance capital expenditures are subtracted from after-tax EBIT (earnings before interest and taxes) and growth capex is ignored.


Spartan Energy Acquisition  (NYSE:SPAQ.U) Earnings Power Value (EPV) Explanation

Assumption: Current profitability is sustainable.

Earnings power value (EPV) uses a very basic equation which assumes no growth, although it does rely on an assumption about the cost of capital as well as the fact that current earnings are sustainable. It also involves several adjustments to clean up the underlying Earnings figures.


Be Aware

Though using today's earnings in calculating Earnings Power Value, GuruFocus is normalizing these earnings to the business cycle. This eliminates the effects on profitability of valuing the firm at different points in the business cycle. This means that we are considering the average earnings over 5 years.


Spartan Energy Acquisition Earnings Power Value (EPV) Related Terms

Thank you for viewing the detailed overview of Spartan Energy Acquisition's Earnings Power Value (EPV) provided by GuruFocus.com. Please click on the following links to see related term pages.


Spartan Energy Acquisition (Spartan Energy Acquisition) Business Description

Traded in Other Exchanges
N/A
Address
9 West 57th Street, 43rd Floor, New York, NY, USA, 10019
Spartan Energy Acquisition Corp is a blank check company formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination.
Executives
Glazer Capital, Llc 10 percent owner 250 WEST 55TH STREET, SUITE 30A, NEW YORK NY 10019
Paul J Glazer 10 percent owner 250 WEST 55TH ST, SUITE 30A, NEW YORK NY 10019
John J Macwilliams director P O BOX 22027, TULSA OK 74121
Apollo Management Holdings Gp, Llc 10 percent owner 9 W. 57TH STREET, 43RD FLOOR, NEW YORK NY 10019
Apollo Management Holdings, L.p. 10 percent owner 9 W. 57TH STREET, NEW YORK NY 10019
Apollo Commodities Management, L.p. 10 percent owner 2711 CENTERVILLE ROAD, SUITE 400, WILMINGTON DE 19808
Gregory A Beard 10 percent owner C/O ATHLON ENERGY INC., 420 THROCKMORTON STREET, SUITE 1200, FORT WORTH TX 76102
Geoffrey Strong 10 percent owner C/O APOLLO MANAGEMENT, 9 W. 57TH STREET, 43RD FLOOR, NEW YORK NY 10019
Apollo Natural Resources Partners Ii, L.p. 10 percent owner ONE MANHATTANVILLE ROAD, SUITE 201, PURCHASE NY 10577
Spartan Energy Acquisition Sponsor Llc 10 percent owner 9 WEST 57TH STREET, 43RD FLOOR, NEW YORK NY 10019
Jan C. Wilson director 18 A HAZELTON AVE., SUITE 606, TORONTO A6 M5R 2E2
J Michael Stice director 525 CENTRAL PARK DRIVE, OKLAHOMA CITY OK 73105
Robert C Reeves director 1001 LOUISIANA STREET, HOUSTON TX 77002
James Crossen officer: CFO and CAO 9 WEST 57TH STREET, 43RD FLOOR, NEW YORK NY 10019

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