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Ares Acquisition (Ares Acquisition) EV-to-EBIT

: -52.75 (As of Today)
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EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Ares Acquisition's Enterprise Value is $770.18 Mil. Ares Acquisition's EBIT for the trailing twelve months (TTM) ended in Jun. 2023 was $-14.60 Mil. Therefore, Ares Acquisition's EV-to-EBIT for today is -52.75.

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

AAC' s EV-to-EBIT Range Over the Past 10 Years
Min: -342.12   Med: 0   Max: 0
Current: -52.75

AAC's EV-to-EBIT is not ranked
in the Diversified Financial Services industry.
Industry Median: 9.49 vs AAC: -52.75

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Ares Acquisition's Enterprise Value for the quarter that ended in Jun. 2023 was $769.37 Mil. Ares Acquisition's EBIT for the trailing twelve months (TTM) ended in Jun. 2023 was $-14.60 Mil. Ares Acquisition's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2023 was -1.90%.


Ares Acquisition EV-to-EBIT Historical Data

The historical data trend for Ares 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.

Ares Acquisition Annual Data
Trend Dec20 Dec21 Dec22
EV-to-EBIT
- -188.29 -171.62

Ares Acquisition Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23
EV-to-EBIT Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -269.55 -297.13 -171.62 -68.94 -52.70

Competitive Comparison

For the Shell Companies subindustry, Ares 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.


Ares Acquisition EV-to-EBIT Distribution

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

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



Ares Acquisition EV-to-EBIT Calculation

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

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=770.178/-14.6
=-52.75

Ares Acquisition's current Enterprise Value is $770.18 Mil.
Ares Acquisition's EBIT for the trailing twelve months (TTM) ended in Jun. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-14.60 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.


Ares Acquisition  (NYSE:AAC) 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) %.

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

Earnings Yield (Joel Greenblatt) % (Q: Jun. 2023 ) =EBIT / Enterprise Value (Q: Jun. 2023 )
=-14.6/769.367347
=-1.90 %

Ares Acquisition's Enterprise Value for the quarter that ended in Jun. 2023 was $769.37 Mil.
Ares Acquisition's EBIT for the trailing twelve months (TTM) ended in Jun. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-14.60 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.


Ares Acquisition EV-to-EBIT Related Terms

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Ares Acquisition (Ares Acquisition) Business Description

Traded in Other Exchanges
N/A
Address
c/o Ares Management LLC, 44th Floor, 245 Park Avenue, New York, NY, USA, 10167
Ares Acquisition Corp is a blank check company.
Executives
Kathryn V Marinello director CERIDIAN CORPORATION, 3311 EAST OLD SHAKOPEE ROAD, MINNEAPOLIS MN 55425
Michael J Arougheti director 2000 AVENUE OF THE STARS, 12TH FLOOR, LOS ANGELES CA 90067
David B Kaplan director, officer: Chief Executive Officer 1999 AVENUE OF THE STARS, SUITE 1900, LOS ANGELES CA 90067
Felicia D Thornton director 250 PARKCENTER BLVD PO BOX 20, BOISE ID 83726
Jarrod Phillips officer: Chief Financial Officer C/O ARES MANAGEMENT LLC, 245 PARK AVENUE, 42ND FLOOR, NEW YORK NY 100167
Stephen Brown Davis director 1355 SANSOME STREET, SAN FRANCISCO CA 94111
Ares Acquisition Holdings Lp 10 percent owner C/O ARES MANAGEMENT LLC, 245 PARK AVENUE, 42ND FLOOR, NEW YORK NY 10167
Peter Ogilvie officer: See Remarks C/O ARES MANAGEMENT LLC, 245 PARK AVENUE, 42ND FLOOR, NEW YORK NY 10167
Allyson Satin officer: Chief Operating Officer C/O ARES MANAGEMENT LLC, 245 PARK AVENUE, 42ND FLOOR, NEW YORK NY 10167

Ares Acquisition (Ares Acquisition) Headlines