North Mountain Merger (FRA:92X) EBIT: €-1.02 Mil (TTM As of Jun. 2022)


FRA:92X North Mountain Merger Corp FRA:92X
22 GF Score
Price €10.20
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What is North Mountain Merger EBIT?

North Mountain Merger FRA:92X 22 EBIT is €-1.02 Mil as of Jun. 2022. GuruFocus rates FRA:92X with a GF Score™ of 22/100.

North Mountain Merger's earnings before interest and taxes (EBIT) for the three months ended in Jun. 2022 was €-0.19 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2022 was €-1.02 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. North Mountain Merger's annualized ROC % for the quarter that ended in Jun. 2022 was -0.62%. North Mountain Merger's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2022 was %.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. North Mountain Merger's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2022 was -0.61%.

North Mountain Merger  (FRA:92X) EBIT Explanation

1. EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.

North Mountain Merger's annualized ROC % for the quarter that ended in Jun. 2022 is calculated as:

ROC % (Q: Jun. 2022 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Mar. 2022 ) + Invested Capital (Q: Jun. 2022 ))/ count )
=-0.764 * ( 1 - 0% )/( (120.101 + 125.291)/ 2 )
=-0.764/122.696
=-0.62 %

where

Invested Capital(Q: Mar. 2022 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=120.306 - 0.436 - ( 0.093 - max(0, 0.436 - 0.205+0.093))
=120.101

Invested Capital(Q: Jun. 2022 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=125.385 - 0.533 - ( 0.034 - max(0, 0.533 - 0.094+0.034))
=125.291

Note: The Operating Income data used here is four times the quarterly (Jun. 2022) data.

2. Joel Greenblatt's definition of Return on Capital:

North Mountain Merger's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2022 is calculated as:

ROC (Joel Greenblatt) %(Q: Jun. 2022 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Mar. 2022  Q: Jun. 2022
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-0.764/( ( (0 + max(-0.324, 0)) + (0 + max(-0.473, 0)) )/ 2 )
=-0.764/( ( 0 + 0 )/ 2 )
=-0.764/0
= %

where Working Capital is:

Working Capital(Q: Mar. 2022 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0.112) - (0.436 + 0 + 0)
=-0.324

Working Capital(Q: Jun. 2022 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0.06) - (0.533 + 0 + 0)
=-0.473

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Jun. 2022) EBIT data.

3. It is also linked to Joel Greenblatt's definition of Earnings Yield:

North Mountain Merger's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Jun. 2022 )
=-1.021/168.585
=-0.61 %

* 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.

North Mountain Merger EBIT Related Terms

North Mountain Merger EBIT Historical Data

* Premium members only.

The historical data trend for North Mountain Merger's 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.

North Mountain Merger EBIT Chart

North Mountain Merger Annual Data
Trend Dec20 Dec21
EBIT
0.00 -1.04

North Mountain Merger Quarterly Data
Jul20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22
EBIT Get a 7-Day Free Trial -0.20 -0.17 -0.43 -0.23 -0.19

FRA:92X vs DMAQ, WAYS, NBST: EBIT Comparison

For the Shell Companies subindustry, North Mountain Merger'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.

North Mountain Merger EV-to-EBIT vs Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, North Mountain Merger's EV-to-EBIT distribution charts can be found below:

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


FRA:92X
22GF Score
North Mountain Merger Corp FRA:92X
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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North Mountain Merger EBIT Calculation

EBIT, sometimes also called Earnings Before Interest and Taxes, is a measure of a firm's profit that includes all expenses except interest and income tax expenses. It is the difference between operating revenues and operating expenses. When a firm does not have non-operating income, then Operating Income is sometimes used as a synonym for EBIT and operating profit.

EBIT for the trailing twelve months (TTM) ended in Jun. 2022 adds up the quarterly data reported by the company within the most recent 12 months, which was €-1.02 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.

Frequently Asked Questions Learn more about EBIT →
What does a EBIT of €-1.02 Mil mean?
North Mountain Merger (FRA:92X) has a EBIT of €-1.02 Mil as of Jun. 2022. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on North Mountain Merger.
Is North Mountain Merger's EBIT too high?
North Mountain Merger's current EBIT is €-1.02 Mil. Overall, North Mountain Merger has a GF Score™ of 22/100, reflecting its overall financial health beyond just this single metric.
How does North Mountain Merger's EBIT compare to DMAQ and WAYS?
North Mountain Merger's EBIT of €-1.02 Mil can be compared against companies in the Diversified Financial Services industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EBIT for a Diversified Financial Services company?
A good EBIT depends on the Diversified Financial Services industry context. However, EBIT should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EBIT mean?
A high EBIT can signal that a stock is expensive relative to its fundamentals. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on North Mountain Merger. North Mountain Merger's current EBIT is €-1.02 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is North Mountain Merger stock overvalued right now?
North Mountain Merger (FRA:92X) has a current EBIT of €-1.02 Mil. The current EBIT is €-1.02 Mil. North Mountain Merger's overall GF Score™ is 22/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EBIT calculated?
EBIT is calculated from a company's financial statements. For North Mountain Merger (FRA:92X), the current EBIT is €-1.02 Mil as of Jun. 2022. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

North Mountain Merger Business Description

Address 767 Fifth Avenue, 9th Floor, New York, NY, USA, 10153
North Mountain Merger Corp is a blank check company.
22GF Score

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EBIT is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€10.20
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