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Cover (COVCF) EV-to-EBIT : 8.20 (As of May. 05, 2025)


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What is Cover EV-to-EBIT?

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Cover's Enterprise Value is $893.6 Mil. Cover's EBIT for the trailing twelve months (TTM) ended in Sep. 2024 was $109.0 Mil. Therefore, Cover's EV-to-EBIT for today is 8.20.

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

COVCF' s EV-to-EBIT Range Over the Past 10 Years
Min: 7.73   Med: 27.07   Max: 97.4
Current: 7.73

During the past 4 years, the highest EV-to-EBIT of Cover was 97.40. The lowest was 7.73. And the median was 27.07.

COVCF's EV-to-EBIT is ranked better than
78.27% of 1749 companies
in the Software industry
Industry Median: 16.89 vs COVCF: 7.73

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Cover's Enterprise Value for the quarter that ended in Sep. 2024 was $724.9 Mil. Cover's EBIT for the trailing twelve months (TTM) ended in Sep. 2024 was $109.0 Mil. Cover's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was 15.04%.


Cover EV-to-EBIT Historical Data

The historical data trend for Cover'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.

Cover EV-to-EBIT Chart

Cover Annual Data
Trend Mar21 Mar22 Mar23 Mar24
EV-to-EBIT
- - 21.84 24.56

Cover Quarterly Data
Mar21 Mar22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
EV-to-EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 30.84 24.56 22.76 15.40 -

Competitive Comparison of Cover's EV-to-EBIT

For the Software - Application subindustry, Cover'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.


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

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

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


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Cover EV-to-EBIT Calculation

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

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=893.603/109.005
=8.20

Cover's current Enterprise Value is $893.6 Mil.
Cover's EBIT for the trailing twelve months (TTM) ended in Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $109.0 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.


Cover  (OTCPK:COVCF) 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) %.

Cover's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2024 is calculated as:

Earnings Yield (Joel Greenblatt) % (Q: Sep. 2024 ) =EBIT / Enterprise Value (Q: Sep. 2024 )
=109.005/724.94163
=15.04 %

Cover's Enterprise Value for the quarter that ended in Sep. 2024 was $724.9 Mil.
Cover's EBIT for the trailing twelve months (TTM) ended in Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $109.0 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.


Cover EV-to-EBIT Related Terms

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


Cover Business Description

Traded in Other Exchanges
Address
1-7-17 Shiba, Sumitomo Fudosan Shiba No.3 Building B1, Minato-ku, Tokyo, JPN, 105-0014
Cover Corp operates as a platformer for two-dimensional entertainment. It is engaged in developing multifaceted businesses to accelerate 2D entertainment such as distribution system development, VTuber office management, and content development.

Cover Headlines

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