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Canada Jetlines Operations (NEOE:CJET) EV-to-EBIT : -3.88 (As of Jun. 10, 2024)


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What is Canada Jetlines Operations EV-to-EBIT?

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Canada Jetlines Operations's Enterprise Value is C$43.88 Mil. Canada Jetlines Operations's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 was C$-11.30 Mil. Therefore, Canada Jetlines Operations's EV-to-EBIT for today is -3.88.

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

NEOE:CJET' s EV-to-EBIT Range Over the Past 10 Years
Min: -6.48   Med: -3.06   Max: -2.09
Current: -3.88

During the past 5 years, the highest EV-to-EBIT of Canada Jetlines Operations was -2.09. The lowest was -6.48. And the median was -3.06.

NEOE:CJET's EV-to-EBIT is ranked worse than
100% of 847 companies
in the Transportation industry
Industry Median: 11.98 vs NEOE:CJET: -3.88

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Canada Jetlines Operations's Enterprise Value for the quarter that ended in Mar. 2024 was C$52.56 Mil. Canada Jetlines Operations's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 was C$-11.30 Mil. Canada Jetlines Operations's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was -21.49%.


Canada Jetlines Operations EV-to-EBIT Historical Data

The historical data trend for Canada Jetlines Operations'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.

Canada Jetlines Operations EV-to-EBIT Chart

Canada Jetlines Operations Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
EV-to-EBIT
- - -5.48 -3.11 -5.74

Canada Jetlines Operations Quarterly Data
Dec19 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 -2.81 -3.07 -6.42 -5.74 -4.65

Competitive Comparison of Canada Jetlines Operations's EV-to-EBIT

For the Airlines subindustry, Canada Jetlines Operations'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.


Canada Jetlines Operations's EV-to-EBIT Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Canada Jetlines Operations's EV-to-EBIT distribution charts can be found below:

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



Canada Jetlines Operations EV-to-EBIT Calculation

Canada Jetlines Operations's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=43.879/-11.295
=-3.88

Canada Jetlines Operations's current Enterprise Value is C$43.88 Mil.
Canada Jetlines Operations's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was C$-11.30 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.


Canada Jetlines Operations  (NEOE:CJET) 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) %.

Canada Jetlines Operations's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 is calculated as:

Earnings Yield (Joel Greenblatt) % (Q: Mar. 2024 ) =EBIT / Enterprise Value (Q: Mar. 2024 )
=-11.295/52.55505
=-21.49 %

Canada Jetlines Operations's Enterprise Value for the quarter that ended in Mar. 2024 was C$52.56 Mil.
Canada Jetlines Operations's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was C$-11.30 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.


Canada Jetlines Operations EV-to-EBIT Related Terms

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


Canada Jetlines Operations (NEOE:CJET) Business Description

Traded in Other Exchanges
Address
1055 West Georgia Street, Suite 2400, Vancouver, BC, CAN, V6E 3P3
Canada Jetlines Operations Ltd operates as a leisure carrier. The group utilizes a growing fleet of Airbus A320 aircraft that provides passengers with another choice to travel to preferred destinations within the U.S., Caribbean, and Mexico. It generates maximum revenue from charter services.