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Feutune Light Acquisition (Feutune Light Acquisition) EV-to-EBIT : -40.38 (As of May. 21, 2024)


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What is Feutune Light Acquisition EV-to-EBIT?

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Feutune Light Acquisition's Enterprise Value is $64.69 Mil. Feutune Light Acquisition's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 was $-1.60 Mil. Therefore, Feutune Light Acquisition's EV-to-EBIT for today is -40.38.

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

FLFV' s EV-to-EBIT Range Over the Past 10 Years
Min: -274.09   Med: 0   Max: 0
Current: -40.38

FLFV's EV-to-EBIT is ranked worse than
100% of 175 companies
in the Diversified Financial Services industry
Industry Median: 8.64 vs FLFV: -40.38

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Feutune Light Acquisition's Enterprise Value for the quarter that ended in Mar. 2024 was $63.68 Mil. Feutune Light Acquisition's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 was $-1.60 Mil. Feutune Light Acquisition's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was -2.52%.


Feutune Light Acquisition EV-to-EBIT Historical Data

The historical data trend for Feutune Light 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.

Feutune Light Acquisition EV-to-EBIT Chart

Feutune Light Acquisition Annual Data
Trend Dec22 Dec23
EV-to-EBIT
-254.73 -70.78

Feutune Light Acquisition Quarterly Data
Jan22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
EV-to-EBIT Get a 7-Day Free Trial Premium Member Only -199.91 -168.07 -128.19 -70.78 -39.75

Competitive Comparison of Feutune Light Acquisition's EV-to-EBIT

For the Shell Companies subindustry, Feutune Light 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.


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

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

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



Feutune Light Acquisition EV-to-EBIT Calculation

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

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=64.689/-1.602
=-40.38

Feutune Light Acquisition's current Enterprise Value is $64.69 Mil.
Feutune Light Acquisition's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-1.60 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.


Feutune Light Acquisition  (NAS:FLFV) 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) %.

Feutune Light Acquisition's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 is calculated as:

Earnings Yield (Joel Greenblatt) % (Q: Mar. 2024 ) =EBIT / Enterprise Value (Q: Mar. 2024 )
=-1.602/63.6796554
=-2.52 %

Feutune Light Acquisition's Enterprise Value for the quarter that ended in Mar. 2024 was $63.68 Mil.
Feutune Light Acquisition's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-1.60 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.


Feutune Light Acquisition EV-to-EBIT Related Terms

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Feutune Light Acquisition (Feutune Light Acquisition) Business Description

Traded in Other Exchanges
N/A
Address
48 Bridge Street, Building A, Metuchen, NJ, USA, 08840
Website
Feutune Light Acquisition Corp is a newly organized blank check company.
Executives
Wenbing Wang director 21ST FLOOR, BUILDING B, JIA MING CENTER, NO. 27 DONG SAN HUAN NORTH ROAD, CHAOYANG DISTRICT, BEIJING F4 100020
Michael Davidov other: Former Director 60 EAST 42 STREET, NEW YORK NY 10165
Plc Barclays 10 percent owner 1 CHURCHILL PLACE, CANARY WHARF, LONDON X0 E14 5HP
Yuanmei Ma officer: CFO ROOM 605A TOWER A, RAYCOM INFO TECH PARK, NO. 2 KEXUEYUAN S. RD., ZHONGGUANCUN, HAIDIAN DISTRICT, BEIJING F4 100080
Lei Xu director, other: President and chairwoman 1818 LINDA VISTA CIR., FULLERTON CA 92831
Feutune Light Sponsor Llc 10 percent owner 48 BRIDGE STREET, BUILDING A, METUCHEN NJ 08840
Xuedong Tian director, officer: CEO and Director 48 BRIDGE STREET, BUILDING A, METUCHEN NJ 08840
Sau Fong Yeung 10 percent owner 48 BRIDGE STREET, BUILDING A, METUCHEN NJ 08840
Kevin Vassily director C/O IPOWER INC., 2399 BATEMAN AVENUE, DUARTE CA 91010
Ping Li director A1 68 XINXIA STREET, PINGHU, LONGGANG, SHENZHEN, GUANDONG F4 518111

Feutune Light Acquisition (Feutune Light Acquisition) Headlines

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