GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Novus Capital Corp II (NYSE:NXU) » Definitions » EV-to-EBIT

Novus Capital II (Novus Capital II) EV-to-EBIT : (As of Apr. 29, 2024)


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

What is Novus Capital II EV-to-EBIT?

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Novus Capital II's Enterprise Value is $415.07 Mil. Novus Capital II does not have enough years/quarters to calculate its EBIT for the trailing twelve months (TTM) ended in Dec. 2021. Therefore, GuruFocus does not calculate Novus Capital II's EV-to-EBIT at this moment.

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

NXU's EV-to-EBIT is not ranked *
in the Diversified Financial Services industry.
Industry Median: 9.64
* Ranked among companies with meaningful EV-to-EBIT only.

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Novus Capital II's Enterprise Value for the quarter that ended in Dec. 2021 was $355.39 Mil. Novus Capital II does not have enough years/quarters to calculate its EBIT for the trailing twelve months (TTM) ended in Dec. 2021. Therefore, GuruFocus does not calculate Novus Capital II's Earnings Yield (Joel Greenblatt) % at this moment.


Novus Capital II EV-to-EBIT Historical Data

The historical data trend for Novus Capital II'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.

Novus Capital II EV-to-EBIT Chart

Novus Capital II Annual Data
Trend Dec20 Dec21
EV-to-EBIT
- -284.99

Novus Capital II Quarterly Data
Sep20 Dec20 Dec21
EV-to-EBIT - - -

Competitive Comparison of Novus Capital II's EV-to-EBIT

For the Shell Companies subindustry, Novus Capital II'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.


Novus Capital II's EV-to-EBIT Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Novus Capital II's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Novus Capital II's EV-to-EBIT falls into.



Novus Capital II EV-to-EBIT Calculation

Novus Capital II's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=415.065/
=


Novus Capital II  (NYSE:NXU) 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) %.

Novus Capital II's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2021 is calculated as:

Earnings Yield (Joel Greenblatt) % (Q: Dec. 2021 ) =EBIT / Enterprise Value (Q: Dec. 2021 )
=/355.38525
= %


Novus Capital II EV-to-EBIT Related Terms

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


Novus Capital II (Novus Capital II) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
8556 Oakmont Lane, Indianapolis, IN, USA, 46260
Novus Capital Corp II is a blank check company. It is formed for the purpose of effectuating a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or other similar business combination with one or more businesses.