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FlatWorld Acquisition (FlatWorld Acquisition) EV-to-EBIT : -0.13 (As of Jun. 03, 2024)


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What is FlatWorld Acquisition EV-to-EBIT?

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, FlatWorld Acquisition's Enterprise Value is $0.01 Mil. FlatWorld Acquisition's EBIT for the trailing twelve months (TTM) ended in Mar. 2019 was $-0.10 Mil. Therefore, FlatWorld Acquisition's EV-to-EBIT for today is -0.13.

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

FWLAF's EV-to-EBIT is not ranked *
in the Diversified Financial Services industry.
Industry Median: 9.42
* Ranked among companies with meaningful EV-to-EBIT only.

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. FlatWorld Acquisition's Enterprise Value for the quarter that ended in Mar. 2019 was $0.09 Mil. FlatWorld Acquisition's EBIT for the trailing twelve months (TTM) ended in Mar. 2019 was $-0.10 Mil. FlatWorld Acquisition's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2019 was -120.82%.


FlatWorld Acquisition EV-to-EBIT Historical Data

The historical data trend for FlatWorld Acquisition'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.

FlatWorld Acquisition EV-to-EBIT Chart

FlatWorld Acquisition Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18
EV-to-EBIT
Get a 7-Day Free Trial -4.45 -0.84 -1.69 -2.35 -0.83

FlatWorld Acquisition Quarterly Data
Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19
EV-to-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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -1.95 -1.95 -1.39 -0.83 -0.83

Competitive Comparison of FlatWorld Acquisition's EV-to-EBIT

For the Shell Companies subindustry, FlatWorld 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.


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

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

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



FlatWorld Acquisition EV-to-EBIT Calculation

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

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=0.014/-0.104
=-0.13

FlatWorld Acquisition's current Enterprise Value is $0.01 Mil.
FlatWorld Acquisition's EBIT for the trailing twelve months (TTM) ended in Mar. 2019 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.10 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.


FlatWorld Acquisition  (GREY:FWLAF) 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) %.

FlatWorld Acquisition's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2019 is calculated as:

Earnings Yield (Joel Greenblatt) % (Q: Mar. 2019 ) =EBIT / Enterprise Value (Q: Mar. 2019 )
=-0.104/0.0860814
=-120.82 %

FlatWorld Acquisition's Enterprise Value for the quarter that ended in Mar. 2019 was $0.09 Mil.
FlatWorld Acquisition's EBIT for the trailing twelve months (TTM) ended in Mar. 2019 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.10 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.


FlatWorld Acquisition EV-to-EBIT Related Terms

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FlatWorld Acquisition (FlatWorld Acquisition) Business Description

Traded in Other Exchanges
N/A
Address
Palm Grove House, Tortola, Road Town, VIR, VG1110
FlatWorld Acquisition Corp is a shell company.

FlatWorld Acquisition (FlatWorld Acquisition) Headlines

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