GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Edify Acquisition Corp (NAS:EAC) » Definitions » EV-to-EBIT

Edify Acquisition (Edify Acquisition) EV-to-EBIT : -40.78 (As of May. 30, 2024)


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

What is Edify Acquisition EV-to-EBIT?

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Edify Acquisition's Enterprise Value is $83.98 Mil. Edify Acquisition's EBIT for the trailing twelve months (TTM) ended in Sep. 2023 was $-2.06 Mil. Therefore, Edify Acquisition's EV-to-EBIT for today is -40.78.

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

EAC' s EV-to-EBIT Range Over the Past 10 Years
Min: -2787.35   Med: 0   Max: 0
Current: -40.78

EAC's EV-to-EBIT is not ranked
in the Diversified Financial Services industry.
Industry Median: 8.8 vs EAC: -40.78

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Edify Acquisition's Enterprise Value for the quarter that ended in Sep. 2023 was $85.55 Mil. Edify Acquisition's EBIT for the trailing twelve months (TTM) ended in Sep. 2023 was $-2.06 Mil. Edify Acquisition's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2023 was -2.41%.


Edify Acquisition EV-to-EBIT Historical Data

The historical data trend for Edify Acquisition'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.

Edify Acquisition EV-to-EBIT Chart

Edify Acquisition Annual Data
Trend Dec20 Dec21 Dec22
EV-to-EBIT
- -312.90 -75.82

Edify Acquisition Quarterly Data
Oct20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
EV-to-EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only -2,545.80 -75.82 -55.27 -50.38 -41.55

Competitive Comparison of Edify Acquisition's EV-to-EBIT

For the Shell Companies subindustry, Edify Acquisition'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.


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

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

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



Edify Acquisition EV-to-EBIT Calculation

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

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=83.975/-2.059
=-40.78

Edify Acquisition's current Enterprise Value is $83.98 Mil.
Edify Acquisition's EBIT for the trailing twelve months (TTM) ended in Sep. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-2.06 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.


Edify Acquisition  (NAS:EAC) 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) %.

Edify Acquisition's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2023 is calculated as:

Earnings Yield (Joel Greenblatt) % (Q: Sep. 2023 ) =EBIT / Enterprise Value (Q: Sep. 2023 )
=-2.059/85.5531655
=-2.41 %

Edify Acquisition's Enterprise Value for the quarter that ended in Sep. 2023 was $85.55 Mil.
Edify Acquisition's EBIT for the trailing twelve months (TTM) ended in Sep. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-2.06 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.


Edify Acquisition EV-to-EBIT Related Terms

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


Edify Acquisition (Edify Acquisition) Business Description

Traded in Other Exchanges
Address
888 7th Avenue, Floor 29, New York, NY, USA, 10106
Edify Acquisition Corp is a blank check company.
Executives
Peter Ma officer: Chief Executive Officer 888 7TH AVENUE, FLOOR 29, NEW YORK NY 10106
Rosamund M. Elsie-mitchell director 888 7TH AVENUE, FLOOR 29, NEW YORK NY 10106
Ronald H. Schlosser director 888 7TH AVENUE, FLOOR 29, NEW YORK NY 10106
Susan Wolford director 888 7TH AVENUE, FLOOR 29, NEW YORK NY 10106
Morris Beyda officer: Chief Financial Officer 888 7TH AVENUE, FLOOR 29, NEW YORK NY 10106
Jason Colodne director, 10 percent owner 888 7TH AVENUE, FLOOR 29, NEW YORK NY 10106
Jason Beckman director, 10 percent owner 888 7TH AVENUE, FLOOR 29, NEW YORK NY 10106
Colbeck Edify Holdings, Llc 10 percent owner 888 7TH AVENUE, FLOOR 29, NEW YORK NY 10106