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Vicinity Motor (Vicinity Motor) EV-to-EBIT : -5.09 (As of May. 11, 2024)


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What is Vicinity Motor EV-to-EBIT?

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Vicinity Motor's Enterprise Value is $58.99 Mil. Vicinity Motor's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was $-11.60 Mil. Therefore, Vicinity Motor's EV-to-EBIT for today is -5.09.

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

VEV' s EV-to-EBIT Range Over the Past 10 Years
Min: -513.09   Med: -6.31   Max: 1243.3
Current: -5.09

During the past 13 years, the highest EV-to-EBIT of Vicinity Motor was 1243.30. The lowest was -513.09. And the median was -6.31.

VEV's EV-to-EBIT is ranked worse than
100% of 1055 companies
in the Vehicles & Parts industry
Industry Median: 12.67 vs VEV: -5.09

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Vicinity Motor's Enterprise Value for the quarter that ended in Dec. 2023 was $62.46 Mil. Vicinity Motor's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was $-11.60 Mil. Vicinity Motor's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was -18.57%.


Vicinity Motor EV-to-EBIT Historical Data

The historical data trend for Vicinity Motor'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.

Vicinity Motor EV-to-EBIT Chart

Vicinity Motor Annual Data
Trend Aug14 Aug15 Aug16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EV-to-EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only -9.76 -42.39 -20.22 -3.13 -5.27

Vicinity Motor Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
EV-to-EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -3.13 -3.05 -4.13 -7.46 -5.27

Competitive Comparison of Vicinity Motor's EV-to-EBIT

For the Auto Manufacturers subindustry, Vicinity Motor'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.


Vicinity Motor's EV-to-EBIT Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Vicinity Motor's EV-to-EBIT distribution charts can be found below:

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



Vicinity Motor EV-to-EBIT Calculation

Vicinity Motor's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=58.987/-11.598
=-5.09

Vicinity Motor's current Enterprise Value is $58.99 Mil.
Vicinity Motor'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 $-11.60 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.


Vicinity Motor  (NAS:VEV) 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) %.

Vicinity Motor's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 is calculated as:

Earnings Yield (Joel Greenblatt) % (Q: Dec. 2023 ) =EBIT / Enterprise Value (Q: Dec. 2023 )
=-11.598/62.4588463
=-18.57 %

Vicinity Motor's Enterprise Value for the quarter that ended in Dec. 2023 was $62.46 Mil.
Vicinity Motor'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 $-11.60 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.


Vicinity Motor EV-to-EBIT Related Terms

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Vicinity Motor (Vicinity Motor) Business Description

Traded in Other Exchanges
Address
3168 262nd Street, Aldergrove, BC, CAN, V4W 2Z6
Vicinity Motor Corp is a Canadian bus manufacturer. The company is engaged in designing, engineering, and manufacturing mid-size buses for transit authorities and commercial enterprises. Geographically, it derives a majority of its revenue from Canada and also has a presence in the United States. The company derives maximum revenue from bus sales. It also supplies the Spare part.