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RMG Acquisition III (RMG Acquisition III) EV-to-EBIT : -22.44 (As of May. 12, 2024)


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What is RMG Acquisition III EV-to-EBIT?

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, RMG Acquisition III's Enterprise Value is $124.47 Mil. RMG Acquisition III's EBIT for the trailing twelve months (TTM) ended in Sep. 2023 was $-5.55 Mil. Therefore, RMG Acquisition III's EV-to-EBIT for today is -22.44.

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

RMGCF' s EV-to-EBIT Range Over the Past 10 Years
Min: -52.57   Med: 0   Max: 97.66
Current: -22.44

During the past 3 years, the highest EV-to-EBIT of RMG Acquisition III was 97.66. The lowest was -52.57. And the median was 0.00.

RMGCF's EV-to-EBIT is ranked worse than
100% of 177 companies
in the Diversified Financial Services industry
Industry Median: 8.75 vs RMGCF: -22.44

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. RMG Acquisition III's Enterprise Value for the quarter that ended in Sep. 2023 was $134.64 Mil. RMG Acquisition III's EBIT for the trailing twelve months (TTM) ended in Sep. 2023 was $-5.55 Mil. RMG Acquisition III's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2023 was -4.12%.


RMG Acquisition III EV-to-EBIT Historical Data

The historical data trend for RMG Acquisition 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.

RMG Acquisition III EV-to-EBIT Chart

RMG Acquisition III Annual Data
Trend Dec20 Dec21 Dec22
EV-to-EBIT
- 76.47 38.36

RMG Acquisition III Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
EV-to-EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 39.25 38.36 18.21 -56.47 -24.28

Competitive Comparison of RMG Acquisition III's EV-to-EBIT

For the Shell Companies subindustry, RMG Acquisition 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.


RMG Acquisition III's EV-to-EBIT Distribution in the Diversified Financial Services Industry

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

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



RMG Acquisition III EV-to-EBIT Calculation

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

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=124.469/-5.546
=-22.44

RMG Acquisition III's current Enterprise Value is $124.47 Mil.
RMG Acquisition III's EBIT for the trailing twelve months (TTM) ended in Sep. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-5.55 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.


RMG Acquisition III  (OTCPK:RMGCF) 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) %.

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

Earnings Yield (Joel Greenblatt) % (Q: Sep. 2023 ) =EBIT / Enterprise Value (Q: Sep. 2023 )
=-5.546/134.63794
=-4.12 %

RMG Acquisition III's Enterprise Value for the quarter that ended in Sep. 2023 was $134.64 Mil.
RMG Acquisition III's EBIT for the trailing twelve months (TTM) ended in Sep. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-5.55 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.


RMG Acquisition III EV-to-EBIT Related Terms

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RMG Acquisition III (RMG Acquisition III) Business Description

Traded in Other Exchanges
Address
5775 Collins Avenue, Suite 403, 57 Ocean, Miami Beach, FL, USA, 33140
RMG Acquisition Corp III is a blank check company. It is formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses.
Executives
W Grant Gregory director C/O AMBAC FINANCIAL GROUP INC, 1 STATE STREET PLAZA, NEW YORK NY 10004
Philip Kassin director, 10 percent owner, officer: President, COO 3 COLUMBUS CIRCLE, NEW YORK NY 10019
Catherine Rice director 8377 EAST HARTFORD DRIVE, SUITE 100, SCOTTSDALE AZ 85255
Robert S. Mancini director, 10 percent owner, officer: Chief Executive Officer C/O RMG ACQUISITION CORP., 50 WEST STREET, SUITE 40C, NEW YORK NY 10006
David James Carpenter director, 10 percent owner C/O RMG ACQUISITION CORP., 50 WEST STREET, SUITE 40C, NEW YORK NY 10006
Mkc Investments Llc director, 10 percent owner C/O RMG ACQUISITION CORP., 50 WEST STREET, SUITE 40C, NEW YORK NY 10006
W. Thaddeus Miller director 717 TEXAS AVENUE, SUITE 1000, HOUSTON TX 77002
Craig W. Broderick director C/O RMG ACQUISITION CORP., SUITE 40C, 50 WEST STREET, NEW YORK NY 10006
Wesley Sima officer: Chief Financial Officer C/O RMG ACQUISITION CORP. II, 50 WEST STREET, SUITE 40C, NEW YORK NY 10006
Rmg Sponsor Iii, Llc 10 percent owner 50 WEST STREET, SUITE 40C, NEW YORK NY 10006

RMG Acquisition III (RMG Acquisition III) Headlines