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Ignyte Acquisition (Ignyte Acquisition) EV-to-EBITDA : -50.45 (As of Jun. 18, 2024)


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What is Ignyte Acquisition EV-to-EBITDA?

EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, Ignyte Acquisition's enterprise value is $95.36 Mil. Ignyte Acquisition's EBITDA for the trailing twelve months (TTM) ended in Jun. 2022 was $-1.89 Mil. Therefore, Ignyte Acquisition's EV-to-EBITDA for today is -50.45.

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

IGNY's EV-to-EBITDA is not ranked *
in the Diversified Financial Services industry.
Industry Median: 9.93
* Ranked among companies with meaningful EV-to-EBITDA only.

EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio to determine the fair market value of a company.

As of today (2024-06-18), Ignyte Acquisition's stock price is $13.05. Ignyte Acquisition's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2022 was $-0.141. Therefore, Ignyte Acquisition's PE Ratio for today is At Loss.

The "classic" EV-to-EBITDA is much better in capturing debt and net cash than the PE Ratio.


Ignyte Acquisition EV-to-EBITDA Historical Data

The historical data trend for Ignyte Acquisition's EV-to-EBITDA 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.

Ignyte Acquisition EV-to-EBITDA Chart

Ignyte Acquisition Annual Data
Trend Dec20 Dec21
EV-to-EBITDA
- -72.91

Ignyte Acquisition Quarterly Data
Nov20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22
EV-to-EBITDA Get a 7-Day Free Trial - -171.47 -72.91 -59.50 -38.15

Competitive Comparison of Ignyte Acquisition's EV-to-EBITDA

For the Shell Companies subindustry, Ignyte Acquisition's EV-to-EBITDA, along with its competitors' market caps and EV-to-EBITDA 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.


Ignyte Acquisition's EV-to-EBITDA Distribution in the Diversified Financial Services Industry

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

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



Ignyte Acquisition EV-to-EBITDA Calculation

Ignyte Acquisition's EV-to-EBITDA for today is calculated as:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA (TTM)
=95.355/-1.89
=-50.45

Ignyte Acquisition's current Enterprise Value is $95.36 Mil.
Ignyte Acquisition's EBITDA 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 $-1.89 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.


Ignyte Acquisition  (NAS:IGNY) EV-to-EBITDA Explanation

EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio to determine the fair market value of a company.

Ignyte Acquisition's PE Ratio for today is calculated as:

PE Ratio=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=13.05/-0.141
=At Loss

Ignyte Acquisition's share price for today is $13.05.
Ignyte Acquisition's Earnings per Share (Diluted) 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 $-0.141.

* 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.

Study has found that the companies with the lowest EV-to-EBITDA outperforms companies measured as cheap by other ratios such as PE Ratio.

Please read Which price ratio outperforms the enterprise multiple?


Ignyte Acquisition EV-to-EBITDA Related Terms

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


Ignyte Acquisition (Ignyte Acquisition) Business Description

Traded in Other Exchanges
N/A
Address
640 5th Avenue, 4th Floor, New York, NY, USA, 10019
Ignyte Acquisition Corp is a blank check company.
Executives
Richard J Rosenstock director C/O GAINES BERLAND INC, 1055 STEWART AVENUE, BETHPAGE NY 11714
Cheryl Cohen director C/O MEDIVATION, INC., 201 SPEAR ST., 3RD FLOOR, SAN FRANCISCO CA 94105
Charles Wilson director C/O UNUM THERAPEUTICS, 200 CAMBRIDGEPARK DR., STE. 3100, CAMBRIDGE MA 02140
Ignyte Sponsor Llc 10 percent owner 640 5TH AVENUE, 4TH FLOOR, NEW YORK NY 10019
David I. Rosenberg director, 10 percent owner, officer: Co-Chief Executive Officer C/O IGNYTE ACQUISITION CORP., 640 5TH AVENUE, 4TH FLOOR, NEW YORK NY 10019
John Andrew Boockvar director C/O IGNYTE ACQUISITION CORP., 640 5TH AVENUE, 4TH FLOOR, NEW YORK NY 10019
David J. Strupp director, 10 percent owner, officer: Co-Chief Executive Officer 107 DUNNING ROAD, NEW CANAAN CT 06840
Steven Neil Kaplan director, officer: Chief Financial Officer C/O IGNYTE ACQUISITION CORP., 640 5TH AVENUE, 4TH FLOOR, NEW YORK NY 10019
Deerfield Management Company, L.p. (series C) 10 percent owner, other: Possible Member of 10% Group 345 PARK AVENUE SOUTH, 12TH FLOOR, NEW YORK NY 10010
Deerfield Mgmt L.p. 10 percent owner, other: Possible Member of 10% Group 780 THIRD AVENUE, 37TH FLOOR, NEW YORK NY 10017
Deerfield Partners, L.p. 10 percent owner, other: Possible Member of 10% Group 345 PARK AVENUE SOUTH, 12TH FLOOR, NEW YORK NY 10010
James E Flynn 10 percent owner, other: Possible Member of 10% Group 780 THIRD AVENUE, 37TH FLOOR, NEW YORK NY 10017