PLMIW (Plum Acquisition I) EBIT: $-4.51 Mil (TTM As of Jun. 2024)


PLMIW Plum Acquisition Corp I PLMIW
24 GF Score
Price $0.22
! 1 Warning Sign
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What is Plum Acquisition I EBIT?

Plum Acquisition I PLMIW +15.79% 24 EBIT is $-4.51 Mil as of Jun. 2024. GuruFocus rates PLMIW with a GF Score™ of 24/100. The stock has 1 warning sign investors should review.

Plum Acquisition I's earnings before interest and taxes (EBIT) for the three months ended in Jun. 2024 was $3.46 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2024 was $-4.51 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Plum Acquisition I's annualized ROC % for the quarter that ended in Jun. 2024 was -8.06%. Plum Acquisition I's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was %.

EBIT is also linked to Joel Greenblatt's definition of earnings yield.

Plum Acquisition I  (NAS:PLMIW) EBIT Explanation

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

Plum Acquisition I's annualized ROC % for the quarter that ended in Jun. 2024 is calculated as:

ROC % (Q: Jun. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Mar. 2024 ) + Invested Capital (Q: Jun. 2024 ))/ count )
=-3.156 * ( 1 - 0% )/( (39.572 + 38.754)/ 2 )
=-3.156/39.163
=-8.06 %

where

Invested Capital(Q: Mar. 2024 )
=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))
=36.242 - 5.487 - ( 0.033 - max(0, 8.952 - 0.135+0.033))
=39.572

Invested Capital(Q: Jun. 2024 )
=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))
=36.66 - 6.062 - ( 0.002 - max(0, 8.441 - 0.285+0.002))
=38.754

Note: The Operating Income data used here is four times the quarterly (Jun. 2024) data.

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

Plum Acquisition I's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2024 is calculated as:

ROC (Joel Greenblatt) %(Q: Jun. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Mar. 2024  Q: Jun. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=13.84/( ( (0 + max(-7.6, 0)) + (0 + max(-6.908, 0)) )/ 2 )
=13.84/( ( 0 + 0 )/ 2 )
=13.84/0
= %

where Working Capital is:

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0.102) - (5.487 + 0 + 2.215)
=-7.6

Working Capital(Q: Jun. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0.283) - (6.062 + 0.213 + 0.916)
=-6.908

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Jun. 2024) EBIT data.

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

Plum Acquisition I's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Jun. 2024 )
=-4.509/0.000
= %

* 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.

Plum Acquisition I EBIT Related Terms

Plum Acquisition I EBIT Historical Data

* Premium members only.

The historical data trend for Plum Acquisition I'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.

Plum Acquisition I EBIT Chart

Plum Acquisition I Annual Data
Trend Dec21 Dec22 Dec23
EBIT
-3.48 10.58 0.73

Plum Acquisition I Quarterly Data
Jan21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 2.66 -2.14 -2.04 -3.79 3.46

PLMIW vs LCA, SAMA, PACI: EBIT Comparison

For the Shell Companies subindustry, Plum Acquisition I'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.

Plum Acquisition I EV-to-EBIT vs Diversified Financial Services Industry

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

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


PLMIW
24GF Score
Plum Acquisition Corp I PLMIW
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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Plum Acquisition I 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. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-4.51 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 $-4.51 Mil mean?
Plum Acquisition I (PLMIW) has a EBIT of $-4.51 Mil as of Jun. 2024. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Plum Acquisition I.
Is Plum Acquisition I's EBIT too high?
Plum Acquisition I's current EBIT is $-4.51 Mil. Overall, Plum Acquisition I has a GF Score™ of 24/100, reflecting its overall financial health beyond just this single metric.
How does Plum Acquisition I's EBIT compare to LCA and SAMA?
Plum Acquisition I's EBIT of $-4.51 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 Plum Acquisition I. Plum Acquisition I's current EBIT is $-4.51 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Plum Acquisition I stock overvalued right now?
Plum Acquisition I (PLMIW) has a current EBIT of $-4.51 Mil. The current EBIT is $-4.51 Mil. Plum Acquisition I's overall GF Score™ is 24/100 with 1 warning sign to review. 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 Plum Acquisition I (PLMIW), the current EBIT is $-4.51 Mil as of Jun. 2024. 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.

Plum Acquisition I Business Description

Address 2021 Fillmore Street, Suite 2089, San Francisco, CA, USA, 94115
Plum Acquisition Corp I is a blank check company.
24GF Score

Get the complete analysis for PLMIW

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

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