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OceanTech Acquisitions I (OceanTech Acquisitions I) EV-to-EBITDA : -28.24 (As of Apr. 29, 2024)


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What is OceanTech Acquisitions I EV-to-EBITDA?

EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, OceanTech Acquisitions I's enterprise value is $42.65 Mil. OceanTech Acquisitions I's EBITDA for the trailing twelve months (TTM) ended in Dec. 2023 was $-1.51 Mil. Therefore, OceanTech Acquisitions I's EV-to-EBITDA for today is -28.24.

The historical rank and industry rank for OceanTech Acquisitions I's EV-to-EBITDA or its related term are showing as below:

OTAC' s EV-to-EBITDA Range Over the Past 10 Years
Min: -128.35   Med: 0   Max: 0
Current: -28.24

OTAC's EV-to-EBITDA is not ranked
in the Diversified Financial Services industry.
Industry Median: 9.495 vs OTAC: -28.24

EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio to determine the fair market value of a company.

As of today (2024-04-29), OceanTech Acquisitions I's stock price is $11.75. OceanTech Acquisitions I's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2023 was $-0.560. Therefore, OceanTech Acquisitions I's PE Ratio for today is At Loss.

The "classic" EV-to-EBITDA is much better in capturing debt and net cash than the PE Ratio.


OceanTech Acquisitions I EV-to-EBITDA Historical Data

The historical data trend for OceanTech Acquisitions I's EV-to-EBITDA 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.

OceanTech Acquisitions I EV-to-EBITDA Chart

OceanTech Acquisitions I Annual Data
Trend Dec21 Dec22 Dec23
EV-to-EBITDA
- 24.46 -19.66

OceanTech Acquisitions I Quarterly Data
Feb21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
EV-to-EBITDA Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 24.46 -16.70 -195.98 -74.20 -19.66

Competitive Comparison of OceanTech Acquisitions I's EV-to-EBITDA

For the Shell Companies subindustry, OceanTech Acquisitions I's EV-to-EBITDA, along with its competitors' market caps and EV-to-EBITDA 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.


OceanTech Acquisitions I's EV-to-EBITDA Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, OceanTech Acquisitions I's EV-to-EBITDA distribution charts can be found below:

* The bar in red indicates where OceanTech Acquisitions I's EV-to-EBITDA falls into.



OceanTech Acquisitions I EV-to-EBITDA Calculation

OceanTech Acquisitions I's EV-to-EBITDA for today is calculated as:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA (TTM)
=42.646/-1.51
=-28.24

OceanTech Acquisitions I's current Enterprise Value is $42.65 Mil.
OceanTech Acquisitions I's EBITDA for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-1.51 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.


OceanTech Acquisitions I  (OTCPK:OTAC) EV-to-EBITDA Explanation

EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio to determine the fair market value of a company.

OceanTech Acquisitions I's PE Ratio for today is calculated as:

PE Ratio=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=11.75/-0.560
=At Loss

OceanTech Acquisitions I's share price for today is $11.75.
OceanTech Acquisitions I's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.560.

* 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.

Study has found that the companies with the lowest EV-to-EBITDA outperforms companies measured as cheap by other ratios such as PE Ratio.

Please read Which price ratio outperforms the enterprise multiple?


OceanTech Acquisitions I EV-to-EBITDA Related Terms

Thank you for viewing the detailed overview of OceanTech Acquisitions I's EV-to-EBITDA provided by GuruFocus.com. Please click on the following links to see related term pages.


OceanTech Acquisitions I (OceanTech Acquisitions I) Business Description

Traded in Other Exchanges
N/A
Address
515 Madison Avenue, 8th Floor - Suite 8133, New York, NY, USA, 10022
Website
OceanTech Acquisitions I Corp 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
Knuettel Ii Francis officer: Chief Financial Officer 205 NEWBURY ST, SUITE 204, FRAMINGHAM MA 01701
Aspire Acquistion Llc 10 percent owner 515 MADISON AVE., SUITE 8078, NEW YORK NY 10022
Srinivasan Venkatesh director 2 CEDAR GATE COURT, LIVINGSTON NJ 07039
Siva Saravanan director 334 REZZO STREET, LAS VEGAS NV 89138
Donald G. Fell director 17537 DARBY LANE, LUTZ FL 33558
Michael L Peterson director 17 CANARY COURT, DANVILLE CA 94526
Owl Creek Asset Management, L.p. 10 percent owner 640 FIFTH AVENUE, 20TH FLOOR, NEW YORK NY 10019
Jeffrey A Altman 10 percent owner 640 FIFTH AVENUE, 20TH FLOOR, NEW YORK NY 10019
Mitchell I Gordon director C/O OCEANTECH ACQUISITIONS I CORP, 515 MADISON AVENUE, 8TH FL - SUITE 8133, NEW YORK NY 10022
Philippe Franchet director C/O OCEANTECH ACQUISITONS I CORP, 515 MADISON AVENUE, NEW YORK X1 1002
Ken Hickling officer: Chief Operations Officer C/O OCEANTECH ACQUISITIONS I CORP, 515 MADISON AVE, 8TH FLOOR - SUITE 8133, NEW YORK NY 10022
Charles Baumgartner officer: Chief Financial Officer C/O OCEANTECH ACQUISITIONS I CORP, 515 MADISON AVE., 8TH FLOOR - SUITE 8133, NEW YORK NY 10022
Joseph Adir director, 10 percent owner, officer: Chief Executive Officer C/O OCEANTECH ACQUISITIONS I CORP, 515 MADISON AVE., 8TH FLOOR - SUITE 8133, NEW YORK NY 10022
Eric Blair director C/O OCEANTECH ACQUISITIONS I CORP, 515 MADISON AVE., 8TH FLOOR - SUITE 8133, NEW YORK NY 10022
Oceantech Acquisitions I Sponsors Llc 10 percent owner C/O OCEANTECH ACQUISITIONS I CORP, 515 MADISON AVE, 8TH FLOOR - SUITE8133, NEW YORK NY 10022

OceanTech Acquisitions I (OceanTech Acquisitions I) Headlines

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