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Rigetti Computing (Rigetti Computing) EV-to-EBIT : -1.62 (As of May. 28, 2024)


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What is Rigetti Computing EV-to-EBIT?

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Rigetti Computing's Enterprise Value is $108.60 Mil. Rigetti Computing's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 was $-67.10 Mil. Therefore, Rigetti Computing's EV-to-EBIT for today is -1.62.

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

RGTI' s EV-to-EBIT Range Over the Past 10 Years
Min: -103.68   Med: -1.51   Max: 0.99
Current: -1.63

During the past 4 years, the highest EV-to-EBIT of Rigetti Computing was 0.99. The lowest was -103.68. And the median was -1.51.

RGTI's EV-to-EBIT is ranked worse than
100% of 1709 companies
in the Hardware industry
Industry Median: 16.37 vs RGTI: -1.63

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Rigetti Computing's Enterprise Value for the quarter that ended in Mar. 2024 was $177.58 Mil. Rigetti Computing's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 was $-67.10 Mil. Rigetti Computing's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was -37.79%.


Rigetti Computing EV-to-EBIT Historical Data

The historical data trend for Rigetti Computing'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.

Rigetti Computing EV-to-EBIT Chart

Rigetti Computing Annual Data
Trend Jan20 Jan21 Dec22 Dec23
EV-to-EBIT
- - 0.19 -1.09

Rigetti Computing Quarterly Data
Jan20 Oct20 Jan21 Oct21 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 -0.12 -1.14 -1.38 -1.09 -2.65

Competitive Comparison of Rigetti Computing's EV-to-EBIT

For the Computer Hardware subindustry, Rigetti Computing'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.


Rigetti Computing's EV-to-EBIT Distribution in the Hardware Industry

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

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



Rigetti Computing EV-to-EBIT Calculation

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

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=108.604/-67.104
=-1.62

Rigetti Computing's current Enterprise Value is $108.60 Mil.
Rigetti Computing'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 $-67.10 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.


Rigetti Computing  (NAS:RGTI) 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) %.

Rigetti Computing'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 )
=-67.104/177.57583
=-37.79 %

Rigetti Computing's Enterprise Value for the quarter that ended in Mar. 2024 was $177.58 Mil.
Rigetti Computing'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 $-67.10 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.


Rigetti Computing EV-to-EBIT Related Terms

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


Rigetti Computing (Rigetti Computing) Business Description

Traded in Other Exchanges
N/A
Address
775 Heinz Avenue, Berkeley, CA, USA, 94710
Rigetti Computing Inc is engaged in the business of full-stack quantum computing. Its proprietary quantum-classical infrastructure provides ultra-low latency integration with public and private clouds for high-performance practical quantum computing. The company has developed the industry's first multi-chip quantum processor for scalable quantum computing systems. Geographically, it derives a majority of its revenue from the United States.
Executives
Richard Danis officer: General Counsel and Corp. Sec. 5808 LAKE WASHINGTON BLVD. NE, SUITE 300, KIRKLAND WA 98033
David Rivas officer: SVP, Sys. and Serv. (Software) C/O RIGETTI & CO., INC, 775 HEINZ AVENUE, BERKELEY CA 94701
Thomas J Iannotti director C/O APPLIED MATERIALS, INC., 3050 BOWERS AVENUE, P.O. BOX 58039, SANTA CLARA CA 95052-8039
Alissa Fitzgerald director C/O RIGETTI & CO., INC, 775 HEINZ AVENUE, BERKELEY CA 94710
Cathy L Mccarthy director 1400 TOASTMASTER DRIVE, ELGIN IL 60120
Jeffrey A. Bertelsen officer: Chief Financial Officer 5900 GOLDEN HILLS DRIVE, GOLDEN VALLEY MN 55416
Mike Harburn officer: SVP, Fabrication Ops. Hardware C/O RIGETTI & CO., INC, 775 HEINZ AVENUE, BERKELEY CA 94710
Chad Rigetti director, officer: President and CEO C/O RIGETTI & CO., INC, 775 HEINZ AVENUE, BERKELEY CA 94710
Brian J Sereda officer: Chief Financial Officer 3590 NORTH FIRST STREET, SUITE 210, SAN JOSE CA 95134
Subodh K Kulkarni officer: President and CEO 5900 GOLDEN HILLS DRIVE, GOLDEN VALLEY MN 55416
Supernova Partners Ii, Llc other: Former 10% Owner 4301 50TH STREET, N.W., SUITE 300, PMB 1044, WASHINGTON DC 20007
Gregory John Peters officer: Chief Revenue Officer C/O RIGETTI COMPUTING, INC., 775 HEINZ AVENUE, BERKELEY CA 94710
Helene Gail Sandford director C/O RIGETTI & CO., INC., 775 HEINZ AVENUE, BERKELEY CA 94710
Amanda Sue Birch officer: SVP, Technology Partnerships C/O RIGETTI & CO., INC, 775 HEINZ AVENUE, BERKELEY CA 94710
Bessemer Venture Partners X L.p. 10 percent owner 1865 PALMER AVENUE, SUITE 104, LARCHMONT NY 10538