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Trine Acquisition (Trine Acquisition) EV-to-FCF : -460.75 (As of May. 23, 2024)


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What is Trine Acquisition EV-to-FCF?

EV-to-FCF is calculated as enterprise value divided by its free cash flow. As of today, Trine Acquisition's Enterprise Value is $929.34 Mil. Trine Acquisition's Free Cash Flow for the trailing twelve months (TTM) ended in Sep. 2020 was $-2.02 Mil. Therefore, Trine Acquisition's EV-to-FCF for today is -460.75.

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

TRNE's EV-to-FCF is not ranked *
in the Diversified Financial Services industry.
Industry Median: 9.3
* Ranked among companies with meaningful EV-to-FCF only.

EV-to-FCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. 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 (2024-05-23), Trine Acquisition's stock price is $24.77. Trine Acquisition's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Sep. 2020 was $-0.500. Therefore, Trine Acquisition's PE Ratio for today is At Loss.


Trine Acquisition EV-to-FCF Historical Data

The historical data trend for Trine Acquisition's EV-to-FCF 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.

Trine Acquisition EV-to-FCF Chart

Trine Acquisition Annual Data
Trend Dec18 Dec19
EV-to-FCF
- -138.73

Trine Acquisition Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20
EV-to-FCF Get a 7-Day Free Trial -161.10 -138.73 -141.22 -209.21 -201.49

Competitive Comparison of Trine Acquisition's EV-to-FCF

For the Shell Companies subindustry, Trine Acquisition's EV-to-FCF, along with its competitors' market caps and EV-to-FCF 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.


Trine Acquisition's EV-to-FCF Distribution in the Diversified Financial Services Industry

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

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



Trine Acquisition EV-to-FCF Calculation

Trine Acquisition's EV-to-FCF for today is calculated as:

EV-to-FCF=Enterprise Value (Today)/Free Cash Flow (TTM)
=929.339/-2.017
=-460.75

Trine Acquisition's current Enterprise Value is $929.34 Mil.
Trine Acquisition's Free Cash Flow for the trailing twelve months (TTM) ended in Sep. 2020 adds up the quarterly data reported by the company within the most recent 12 months, which was $-2.02 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.


Trine Acquisition  (NYSE:TRNE) EV-to-FCF Explanation

EV-to-FCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. 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.

Trine Acquisition's PE Ratio for today is calculated as:

PE Ratio=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=24.77/-0.500
=At Loss

Trine Acquisition's share price for today is $24.77.
Trine Acquisition's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Sep. 2020 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.500.

* 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.

Enterprise Value is used because it is a more complete measure in reflecting how much an investor pays when buying a company. Free Cash Flow is an important financial metric because it represents the actual amount of cash at a company's disposal. Companies with a low EV-to-FCF ratio, combined with a strong balance sheet are generally considered as undervalued.


Trine Acquisition EV-to-FCF Related Terms

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Trine Acquisition (Trine Acquisition) Business Description

Traded in Other Exchanges
N/A
Address
405 Lexington Avenue, 48th Floor, The Chrysler Building, New York, NY, USA, 10174
Trine Acquisition Corp is a blank check company 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.

Trine Acquisition (Trine Acquisition) Headlines

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