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Pivotal Investment III (Pivotal Investment III) EV-to-EBIT : -123.88 (As of May. 11, 2024)


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What is Pivotal Investment III EV-to-EBIT?

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Pivotal Investment III's Enterprise Value is $89.19 Mil. Pivotal Investment III's EBIT for the trailing twelve months (TTM) ended in Jun. 2023 was $-0.72 Mil. Therefore, Pivotal Investment III's EV-to-EBIT for today is -123.88.

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

PICC' s EV-to-EBIT Range Over the Past 10 Years
Min: -331.27   Med: 0   Max: 0
Current: -123.88

PICC's EV-to-EBIT is not ranked
in the Diversified Financial Services industry.
Industry Median: 8.75 vs PICC: -123.88

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Pivotal Investment III's Enterprise Value for the quarter that ended in Jun. 2023 was $89.55 Mil. Pivotal Investment III's EBIT for the trailing twelve months (TTM) ended in Jun. 2023 was $-0.72 Mil. Pivotal Investment III's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2023 was -0.80%.


Pivotal Investment III EV-to-EBIT Historical Data

The historical data trend for Pivotal Investment III'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.

Pivotal Investment III EV-to-EBIT Chart

Pivotal Investment III Annual Data
Trend Dec20 Dec21 Dec22
EV-to-EBIT
- -166.15 -62.77

Pivotal Investment III Quarterly Data
Nov20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23
EV-to-EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only -123.75 -124.10 -62.77 -115.83 -124.37

Competitive Comparison of Pivotal Investment III's EV-to-EBIT

For the Shell Companies subindustry, Pivotal Investment III'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.


Pivotal Investment III's EV-to-EBIT Distribution in the Diversified Financial Services Industry

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

* The bar in red indicates where Pivotal Investment III's EV-to-EBIT falls into.



Pivotal Investment III EV-to-EBIT Calculation

Pivotal Investment III's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=89.191/-0.72
=-123.88

Pivotal Investment III's current Enterprise Value is $89.19 Mil.
Pivotal Investment III'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 $-0.72 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.


Pivotal Investment III  (OTCPK:PICC) 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) %.

Pivotal Investment III'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 )
=-0.72/89.5482816
=-0.80 %

Pivotal Investment III's Enterprise Value for the quarter that ended in Jun. 2023 was $89.55 Mil.
Pivotal Investment III'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 $-0.72 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.


Pivotal Investment III EV-to-EBIT Related Terms

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


Pivotal Investment III (Pivotal Investment III) Business Description

Traded in Other Exchanges
N/A
Address
c/o Graubard Miller, 405 Lexington Avenue, The Chrysler Building, New York, NY, USA, 10174
Pivotal Investment Corp III is a blank check company.
Executives
Jonathan J Ledecky director, 10 percent owner C/O THE LEDECKY FOUNDATION, 901 - 15TH STREET, NW, SUITE 950, WASHINGTON DC 20005
Kevin Griffin director, 10 percent owner, officer: Chief Executive Officer C/O PIVOTAL ACQUISITION CORP., C/O GRAUBARD MILLER, 405 LEXINGTON AVE, NEW YORK NY 10174
Pivotal Investment Holdings Iii Llc 10 percent owner C/O GRAUBARD MILLER, 405 LEXINGTON AVENUE, NEW YORK NY 10174
Kristen Dumont director C/O KHOSLA VENTURES ACQUISITION CO. IV, 2128 SAND HILL RD, MENLO PARK CA 94025
Katherine Oliver director 100 EAST RIDGE ROAD, RIDGEFIELD CT 06877
James Hr Brady officer: Chief Financial Officer 1850 CENTENNIAL PARK DRIVE, SUITE 200, RESTON VA 20191
Katrina Adams director C/O PIVOTAL ACQUISITION CORP., C/O GRAUBARD MILLER, 405 LEXINGTON AVE, NEW YORK NY 10174
Sarah Sclarsic director C/O PIVOTAL INVESTMENT CORPORATION II, C/O GRAUBARD MILLER, 405 LEXINGTON AVE, NEW YORK NY 10174
Greg Racz officer: Chief Operating Officer C/O OCTAVIAN GLOBAL PARTNERS, LLC, 650 MADISON AVENUE, 26TH FLOOR, NEW YORK NY 10022

Pivotal Investment III (Pivotal Investment III) Headlines