EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Openlane's Enterprise Value is $2,225 Mil.
Openlane's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was $9 Mil. Therefore, Openlane's EV-to-EBIT for today is 239.21.
The historical rank and industry rank for Openlane's EV-to-EBIT or its related term are showing as below:
KAR'
s EV-to-EBIT Range Over the Past 10 Years
Min: 7.94 Med: 13.35 Max: 240.07
Current: 238.98
During the past 13 years, the highest EV-to-EBIT of Openlane was 240.07. The lowest was 7.94. And the median was 13.35.
KAR's EV-to-EBIT is ranked worse than 98.85% of 1045
companies
in the Vehicles & Parts industry
Industry Median: 12.49
vs KAR: 238.98
The historical data trend for Openlane'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.
For the Auto & Truck Dealerships subindustry, Openlane'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.
Openlane's EV-to-EBIT Distribution in the Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, Openlane's EV-to-EBIT distribution charts can be found below:
* The bar in red indicates where Openlane's EV-to-EBIT falls into.
Openlane's current Enterprise Value is $2,225 Mil.
Openlane's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $9 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.
Openlane (NYSE:KAR) 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.
Openlane's Enterprise Value for the quarter that ended in Dec. 2023 was $1,934 Mil.
Openlane's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $9 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.
Openlane EV-to-EBIT Related Terms
Thank you for viewing the detailed overview of Openlane's EV-to-EBIT provided by GuruFocus.com. Please click on the following links to see related term pages.
Openlane Inc offers a digital marketplace for used vehicles. The services comprise financing, repossessions, repairs, transportation, warranty, and inventory services. It operates used-vehicle auctions and offers complete online services for all parties involved. The company has two operating segments which include Marketplace and Finance, of which it generates the majority of the revenue from the Marketplace segment.
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