Atlantic Avenue Acquisition (Atlantic Avenue Acquisition) EV-to-EBIT : -140.83 (As of May. 25, 2024)

Atlantic Avenue Acquisition EV-to-EBIT Chart

Competitive Comparison of Atlantic Avenue Acquisition's EV-to-EBIT

For the Shell Companies subindustry, Atlantic Avenue Acquisition'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.

Atlantic Avenue Acquisition's EV-to-EBIT Distribution in the Diversified Financial Services Industry

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

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

Atlantic Avenue Acquisition EV-to-EBIT Calculation

Atlantic Avenue Acquisition's EV-to-EBIT for today is calculated as:

Atlantic Avenue Acquisition's current Enterprise Value is $313.21 Mil.
Atlantic Avenue Acquisition's 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 $-2.22 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.

Atlantic Avenue Acquisition  (NYSE:ASAQ) 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) %.

Atlantic Avenue Acquisition's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2022 is calculated as:

Atlantic Avenue Acquisition's Enterprise Value for the quarter that ended in Jun. 2022 was $309.20 Mil.
Atlantic Avenue Acquisition's 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 $-2.22 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.

Atlantic Avenue Acquisition EV-to-EBIT Related Terms

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Atlantic Avenue Acquisition (Atlantic Avenue Acquisition) Business Description