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Wearable Devices (Wearable Devices) EV-to-EBIT : -0.32 (As of Jun. 09, 2024)


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What is Wearable Devices EV-to-EBIT?

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Wearable Devices's Enterprise Value is $2.61 Mil. Wearable Devices's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was $-8.19 Mil. Therefore, Wearable Devices's EV-to-EBIT for today is -0.32.

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

WLDS' s EV-to-EBIT Range Over the Past 10 Years
Min: -12.68   Med: -0.29   Max: 1
Current: -0.32

During the past 5 years, the highest EV-to-EBIT of Wearable Devices was 1.00. The lowest was -12.68. And the median was -0.29.

WLDS's EV-to-EBIT is ranked worse than
100% of 1712 companies
in the Hardware industry
Industry Median: 16.18 vs WLDS: -0.32

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Wearable Devices's Enterprise Value for the quarter that ended in Dec. 2023 was $2.73 Mil. Wearable Devices's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was $-8.19 Mil. Wearable Devices's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was -299.50%.


Wearable Devices EV-to-EBIT Historical Data

The historical data trend for Wearable Devices'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.

Wearable Devices EV-to-EBIT Chart

Wearable Devices Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
EV-to-EBIT
- - - 0.56 -0.33

Wearable Devices Semi-Annual Data
Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
EV-to-EBIT Get a 7-Day Free Trial Premium Member Only - - 0.56 - -0.33

Competitive Comparison of Wearable Devices's EV-to-EBIT

For the Consumer Electronics subindustry, Wearable Devices'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.


Wearable Devices's EV-to-EBIT Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Wearable Devices's EV-to-EBIT distribution charts can be found below:

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



Wearable Devices EV-to-EBIT Calculation

Wearable Devices's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=2.611/-8.186
=-0.32

Wearable Devices's current Enterprise Value is $2.61 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Wearable Devices's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was $-8.19 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.


Wearable Devices  (NAS:WLDS) 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) %.

Wearable Devices's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 is calculated as:

Earnings Yield (Joel Greenblatt) % (Q: Dec. 2023 ) =EBIT / Enterprise Value (Q: Dec. 2023 )
=-8.186/2.7332656
=-299.50 %

Wearable Devices's Enterprise Value for the quarter that ended in Dec. 2023 was $2.73 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Wearable Devices's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was $-8.19 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.


Wearable Devices EV-to-EBIT Related Terms

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


Wearable Devices (Wearable Devices) Business Description

Traded in Other Exchanges
N/A
Address
Yokne'am, Ha-Ta'asiya Street 2, Illit, ISR, 20692
Wearable Devices Ltd develops a non-invasive Neural input interface for controlling digital devices using subtle finger movements. Its products include Mudra Inspire and Mudra Band.