GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Adit Edtech Acquisition Corp (AMEX:ADEX) » Definitions » EV-to-EBIT

Adit Edtech Acquisition (Adit Edtech Acquisition) EV-to-EBIT

: -5.17 (As of Today)
View and export this data going back to 2021. Start your Free Trial

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Adit Edtech Acquisition's Enterprise Value is $49.60 Mil. Adit Edtech Acquisition's EBIT for the trailing twelve months (TTM) ended in Sep. 2023 was $-9.60 Mil. Therefore, Adit Edtech Acquisition's EV-to-EBIT for today is -5.17.

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

ADEX' s EV-to-EBIT Range Over the Past 10 Years
Min: -120.86   Med: 0   Max: 0
Current: -5.17

ADEX's EV-to-EBIT is not ranked
in the Diversified Financial Services industry.
Industry Median: 9.115 vs ADEX: -5.17

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Adit Edtech Acquisition's Enterprise Value for the quarter that ended in Sep. 2023 was $96.68 Mil. Adit Edtech Acquisition's EBIT for the trailing twelve months (TTM) ended in Sep. 2023 was $-9.60 Mil. Adit Edtech Acquisition's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2023 was -9.93%.


Adit Edtech Acquisition EV-to-EBIT Historical Data

The historical data trend for Adit Edtech 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.

Adit Edtech Acquisition Annual Data
Trend Dec20 Dec21 Dec22
EV-to-EBIT
- -92.13 -31.97

Adit Edtech Acquisition Quarterly Data
Oct20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
EV-to-EBIT Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 178.38 -31.97 -19.35 -11.89 -10.07

Competitive Comparison

For the Shell Companies subindustry, Adit Edtech 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.


Adit Edtech Acquisition EV-to-EBIT Distribution

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

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



Adit Edtech Acquisition EV-to-EBIT Calculation

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

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=49.598/-9.599
=-5.17

Adit Edtech Acquisition's current Enterprise Value is $49.60 Mil.
Adit Edtech Acquisition's EBIT for the trailing twelve months (TTM) ended in Sep. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-9.60 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.


Adit Edtech Acquisition  (AMEX:ADEX) 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) %.

Adit Edtech Acquisition's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2023 is calculated as:

Earnings Yield (Joel Greenblatt) % (Q: Sep. 2023 ) =EBIT / Enterprise Value (Q: Sep. 2023 )
=-9.599/96.6793201
=-9.93 %

Adit Edtech Acquisition's Enterprise Value for the quarter that ended in Sep. 2023 was $96.68 Mil.
Adit Edtech Acquisition's EBIT for the trailing twelve months (TTM) ended in Sep. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-9.60 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.


Adit Edtech Acquisition EV-to-EBIT Related Terms

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


Adit Edtech Acquisition (Adit Edtech Acquisition) Business Description

Traded in Other Exchanges
N/A
Address
1345 Avenue of the Americas, 33rd Floor, New York, NY, USA, 10105
Adit Edtech Acquisition Corp is a blank check company.
Executives
Sharmila Kassam director 4103 IDLEWILD ROAD, AUSTIN TX 78731
Elizabeth B. Porter officer: See Remarks 44 FENNO RD, NEWTON MA 02459
David L. Shrier director, officer: President and CEO 250 1ST AVE, UNIT 336, CHARLESTOWN MA 02129
Jacob Cohen director 613 PLEASANT STREET, BELMONT MA 02478
Sheldon H. Levy director 704 BALLIOL STREET, TORONTO Z4 M4S 1E7
John J. D'agostino officer: See Remarks 201 E 79TH STREET 6A, NEW YORK CITY NY 10075
Adit Edtech Sponsor, Llc 10 percent owner 515 NORTH FLAGLER DRIVE, SUITE P-300, WEST PALM BEACH FL 33401
Eric L Munson director 1100 SE ATLANTIC DRIVE, LANTANA FL 33462

Adit Edtech Acquisition (Adit Edtech Acquisition) Headlines

From GuruFocus