GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Nova Cannabis Inc (OTCPK:NVACF) » Definitions » EV-to-EBIT

Nova Cannabis (Nova Cannabis) EV-to-EBIT : 14.46 (As of May. 14, 2024)


View and export this data going back to 2021. Start your Free Trial

What is Nova Cannabis EV-to-EBIT?

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Nova Cannabis's Enterprise Value is $85.4 Mil. Nova Cannabis's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 was $5.9 Mil. Therefore, Nova Cannabis's EV-to-EBIT for today is 14.46.

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

NVACF' s EV-to-EBIT Range Over the Past 10 Years
Min: -461.49   Med: -12.71   Max: 45.54
Current: 14.46

During the past 5 years, the highest EV-to-EBIT of Nova Cannabis was 45.54. The lowest was -461.49. And the median was -12.71.

NVACF's EV-to-EBIT is ranked better than
57.48% of 428 companies
in the Healthcare Providers & Services industry
Industry Median: 18.22 vs NVACF: 14.46

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Nova Cannabis's Enterprise Value for the quarter that ended in Mar. 2024 was $111.6 Mil. Nova Cannabis's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 was $5.9 Mil. Nova Cannabis's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 5.29%.


Nova Cannabis EV-to-EBIT Historical Data

The historical data trend for Nova Cannabis'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.

Nova Cannabis EV-to-EBIT Chart

Nova Cannabis Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
EV-to-EBIT
- - -11.50 -17.30 13.21

Nova Cannabis Quarterly Data
Dec19 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only -23.99 -63.80 38.48 13.21 -

Competitive Comparison of Nova Cannabis's EV-to-EBIT

For the Pharmaceutical Retailers subindustry, Nova Cannabis'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.


Nova Cannabis's EV-to-EBIT Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Nova Cannabis's EV-to-EBIT distribution charts can be found below:

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



Nova Cannabis EV-to-EBIT Calculation

Nova Cannabis's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=85.436/5.908
=14.46

Nova Cannabis's current Enterprise Value is $85.4 Mil.
Nova Cannabis'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 $5.9 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.


Nova Cannabis  (OTCPK:NVACF) 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) %.

Nova Cannabis'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 )
=5.908/111.62695
=5.29 %

Nova Cannabis's Enterprise Value for the quarter that ended in Mar. 2024 was $111.6 Mil.
Nova Cannabis'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 $5.9 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.


Nova Cannabis EV-to-EBIT Related Terms

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


Nova Cannabis (Nova Cannabis) Business Description

Traded in Other Exchanges
Address
101, 17220 Stony Plain Road NW, Edmonton, AB, CAN, T5S 1K6
Nova Cannabis Inc is engaged in the operation of retail cannabis stores in Canada. It operates approximately 88 retail cannabis stores in Alberta, 16 in Ontario, and one in Saskatchewan. Some of its brands are Value Buds and Sweet Tree Cannabis Co. The company's products include Dried flowers, Pre-rolls, Candy and Cartridges, among others.

Nova Cannabis (Nova Cannabis) Headlines

From GuruFocus