GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Concord Acquisition Corp III (NYSE:CNDB) » Definitions » EV-to-EBIT

Concord Acquisition III (Concord Acquisition III) EV-to-EBIT : -16.99 (As of May. 21, 2024)


View and export this data going back to 2021. Start your Free Trial

What is Concord Acquisition III EV-to-EBIT?

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Concord Acquisition III's Enterprise Value is $82.71 Mil. Concord Acquisition III's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was $-4.87 Mil. Therefore, Concord Acquisition III's EV-to-EBIT for today is -16.99.

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

CNDB' s EV-to-EBIT Range Over the Past 10 Years
Min: -710.51   Med: 0   Max: 0
Current: -16.99

CNDB's EV-to-EBIT is ranked worse than
100% of 175 companies
in the Diversified Financial Services industry
Industry Median: 8.87 vs CNDB: -16.99

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Concord Acquisition III's Enterprise Value for the quarter that ended in Dec. 2023 was $132.72 Mil. Concord Acquisition III's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was $-4.87 Mil. Concord Acquisition III's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was -3.67%.


Concord Acquisition III EV-to-EBIT Historical Data

The historical data trend for Concord 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.

Concord Acquisition III EV-to-EBIT Chart

Concord Acquisition III Annual Data
Trend Dec21 Dec22 Dec23
EV-to-EBIT
- -375.04 -27.26

Concord Acquisition III Quarterly Data
Feb21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
EV-to-EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only -375.04 -381.16 -34.44 -33.93 -27.26

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

For the Shell Companies subindustry, Concord 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.


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

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

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



Concord Acquisition III EV-to-EBIT Calculation

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

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=82.705/-4.868
=-16.99

Concord Acquisition III's current Enterprise Value is $82.71 Mil.
Concord Acquisition III's EBIT 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 $-4.87 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.


Concord Acquisition III  (NYSE:CNDB) 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) %.

Concord Acquisition III'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 )
=-4.868/132.720184
=-3.67 %

Concord Acquisition III's Enterprise Value for the quarter that ended in Dec. 2023 was $132.72 Mil.
Concord Acquisition III's EBIT 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 $-4.87 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.


Concord Acquisition III EV-to-EBIT Related Terms

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


Concord Acquisition III (Concord Acquisition III) Business Description

Traded in Other Exchanges
N/A
Address
477 Madison Avenue, New York, NY, USA, 10022
Website
Concord Acquisition Corp III is a newly incorporated 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.
Executives
Diamond Robert E. Jr. director BLACKROCK, INC., 40 EAST 52ND STREET, NEW YORK NY 10022
Lawrence E Leibowitz director C/O NYSE EURONEXT, 11 WALL STREET, NEW YORK NY 10005
Jeffrey Tuder director, officer: Chief Executive Officer 6 GREENHOUSE DRIVE, PRINCETON NJ 08540
Thomas C. King director C/O CLEAR CHANNEL OUTDOOR HOLDINGS, INC., 4830 NORTH LOOP 1604W, SUITE 111, SAN ANTONIO TX 78249
Peter Ort director C/O CONCORD ACQUISITION CORP, 477 MADISON AVENUE, NEW YORK NY 10022
Michele Cito officer: Chief Financial Officer C/O CONCORD ACQUISITION CORP, 477 MADISON AVENUE, NEW YORK NY 10022
Concord Sponsor Group Iii 10 percent owner 477 MADISON AVENUE, NEW YORK NY 10022