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Provident Acquisition (Provident Acquisition) EV-to-EBIT : -113.00 (As of Jun. 19, 2024)


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What is Provident Acquisition EV-to-EBIT?

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Provident Acquisition's Enterprise Value is $316.17 Mil. Provident Acquisition's EBIT for the trailing twelve months (TTM) ended in Jun. 2022 was $-2.80 Mil. Therefore, Provident Acquisition's EV-to-EBIT for today is -113.00.

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

PAQC's EV-to-EBIT is not ranked *
in the Diversified Financial Services industry.
Industry Median: 9.7
* Ranked among companies with meaningful EV-to-EBIT only.

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Provident Acquisition's Enterprise Value for the quarter that ended in Jun. 2022 was $283.11 Mil. Provident Acquisition's EBIT for the trailing twelve months (TTM) ended in Jun. 2022 was $-2.80 Mil. Provident Acquisition's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2022 was -0.99%.

Provident Acquisition EV-to-EBIT Historical Data

The historical data trend for Provident 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.

Provident Acquisition EV-to-EBIT Chart

Provident Acquisition Annual Data
Trend Dec20 Dec21
EV-to-EBIT
- -115.56

Provident Acquisition Quarterly Data
Oct20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22
EV-to-EBIT Get a 7-Day Free Trial - -153.07 -115.56 -170.14 -101.18

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

For the Shell Companies subindustry, Provident 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.

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

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

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


Provident Acquisition EV-to-EBIT Calculation

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

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=316.171/-2.798
=-113.00

Provident Acquisition's current Enterprise Value is $316.17 Mil.
Provident 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 $-2.80 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.

Provident Acquisition  (NAS:PAQC) 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) %.

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

Earnings Yield (Joel Greenblatt) % (Q: Jun. 2022 ) =EBIT / Enterprise Value (Q: Jun. 2022 )
=-2.798/283.1085
=-0.99 %

Provident Acquisition's Enterprise Value for the quarter that ended in Jun. 2022 was $283.11 Mil.
Provident 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 $-2.80 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.

Provident Acquisition EV-to-EBIT Related Terms

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

Provident Acquisition (Provident Acquisition) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Provident Acquisition Corp (NAS:PAQC) » Definitions » EV-to-EBIT
Comparable Companies
BLTS ARBG NOAC ASPC PTIC BHAC SCUA VII FVT BOAS GSHN PSTH XAMS:EPIC ASZ CCYC CVII KAHC DWAC IPOF PBAJ
Traded in Other Exchanges
N/A
Address
142 - 146 Queen’s Road Central, Unit 11C/D, Kimley Commercial Building, Hong Kong, HKG
Website
Provident Acquisition Corp is a blank check company.
Executives
Kenneth W Hitchner director C/O SAPPHIRE QI LI, ONE EXCHANGE SQUARE, 8 CONNAUGHT PLACE SUITE 3508, CENTRAL K3 00000
Andrew Joseph Hoffmann director UNIT 11C/D, KIMLEY COMMERCIAL BUILDING, 142-146 QUEEN'S ROAD CENTRAL, HONG KONG K3 00000
Winato Kartono director UNIT 11C/D, KIMLEY COMMERCIAL BUILDING, 142-146 QUEEN'S ROAD CENTRAL, HONG KONG K3 00000
Beng Michael Aw Soon director UNIT 11C/D, KIMLEY COMMERCIAL BUILDING, 142-146 QUEEN'S ROAD CENTRAL, HONG KONG K3 00000
Williamson John Mackay Mcculloch director UNIT 11C/D, KIMLEY COMMERCIAL BUILDING, 142-146 QUEEN'S ROAD CENTRAL, HONG KONG K3 00000
Charles Mark Broadley director UNIT 11C/D, KIMLEY COMMERCIAL BUILDING, 142-146 QUEEN'S ROAD CENTRAL, HONG KONG K3 00000
Provident Acquisition Holdings Ltd. director, 10 percent owner UNIT 11C/D, KIMLEY COMMERCIAL BUILDING, 142-146 QUEEN'S ROAD CENTRAL, HONG KONG K3 00000