Envoy Medical (Envoy Medical) EV-to-EBIT : -4.03 (As of May. 14, 2024)

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What is Envoy Medical EV-to-EBIT?

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Envoy Medical's Enterprise Value is $58.87 Mil. Envoy Medical's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was $-14.60 Mil. Therefore, Envoy Medical's EV-to-EBIT for today is -4.03.

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

COCH' s EV-to-EBIT Range Over the Past 10 Years
Min: -9.87 Med: -2.85 Max: -0.87
Current: -4.03

During the past 3 years, the highest EV-to-EBIT of Envoy Medical was -0.87. The lowest was -9.87. And the median was -2.85.

COCH's EV-to-EBIT is ranked worse than
100% of 456 companies
in the Medical Devices & Instruments industry
Industry Median: 20.465 vs COCH: -4.03

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Envoy Medical's Enterprise Value for the quarter that ended in Dec. 2023 was $31.83 Mil. Envoy Medical's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was $-14.60 Mil. Envoy Medical's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was -45.87%.

Envoy Medical EV-to-EBIT Historical Data

The historical data trend for Envoy Medical'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.

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Envoy Medical EV-to-EBIT Chart

Envoy Medical Annual Data

Trend

Dec21

Dec22

Dec23

EV-to-EBIT

-1.73

Envoy Medical Quarterly Data
	Dec21	Jun22	Sep22	Dec22	Jun23	Sep23	Dec23
EV-to-EBIT	Get a 7-Day Free Trial			-	-	-	-	-1.73

Competitive Comparison of Envoy Medical's EV-to-EBIT

For the Medical Devices subindustry, Envoy Medical'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.

Envoy Medical's EV-to-EBIT Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Envoy Medical's EV-to-EBIT distribution charts can be found below:

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

Envoy Medical EV-to-EBIT Calculation

Envoy Medical's EV-to-EBIT for today is calculated as:

EV-to-EBIT	=	Enterprise Value (Today)	/	EBIT (TTM)
	=	58.868	/	-14.6
	=	-4.03

Envoy Medical's current Enterprise Value is $58.87 Mil.
Envoy Medical'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 $-14.60 Mil.

Envoy Medical (NAS:COCH) 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) %.

Envoy Medical'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 )
	=	-14.6	/	31.83176
	=	-45.87 %

Envoy Medical's Enterprise Value for the quarter that ended in Dec. 2023 was $31.83 Mil.
Envoy Medical'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 $-14.60 Mil.

Envoy Medical EV-to-EBIT Related Terms

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Envoy Medical (Envoy Medical) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Envoy Medical Inc (NAS:COCH) » Definitions » EV-to-EBIT

Comparable Companies

Traded in Other Exchanges

N/A

Address

4875 White Bear Parkway, White Bear Lake, MN, USA, 55110

Website

https://www.envoymedical.com

Envoy Medical Inc is focused on designing, developing, and marketing fully implantable medical devices that improve hearing. The Company's first commercial product, the Esteem PMA application, is a fully implantable hearing device. The Esteem PMA was cleared in 2010 by the United States Food and Drug Administration. The Company intends to continue to pursue the development of a cochlear implant.