GURUFOCUS.COM » STOCK LIST » Technology » Software » Freight Technologies Inc (NAS:FRGT) » Definitions » EV-to-EBIT

Freight Technologies (Freight Technologies) EV-to-EBIT : -0.57 (As of May. 25, 2024)


View and export this data going back to 2022. Start your Free Trial

What is Freight Technologies EV-to-EBIT?

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Freight Technologies's Enterprise Value is $4.81 Mil. Freight Technologies's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was $-8.42 Mil. Therefore, Freight Technologies's EV-to-EBIT for today is -0.57.

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

FRGT' s EV-to-EBIT Range Over the Past 10 Years
Min: -2.99   Med: -0.39   Max: -0.19
Current: -0.57

During the past 6 years, the highest EV-to-EBIT of Freight Technologies was -0.19. The lowest was -2.99. And the median was -0.39.

FRGT's EV-to-EBIT is ranked worse than
100% of 1678 companies
in the Software industry
Industry Median: 17.665 vs FRGT: -0.57

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Freight Technologies's Enterprise Value for the quarter that ended in Dec. 2023 was $8.89 Mil. Freight Technologies's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was $-8.42 Mil. Freight Technologies's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was -94.71%.


Freight Technologies EV-to-EBIT Historical Data

The historical data trend for Freight Technologies'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.

Freight Technologies EV-to-EBIT Chart

Freight Technologies Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EV-to-EBIT
Get a 7-Day Free Trial - - - -0.85 -1.06

Freight Technologies Semi-Annual Data
Dec18 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
EV-to-EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only - - -0.85 - -1.06

Competitive Comparison of Freight Technologies's EV-to-EBIT

For the Software - Application subindustry, Freight Technologies'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.


Freight Technologies's EV-to-EBIT Distribution in the Software Industry

For the Software industry and Technology sector, Freight Technologies's EV-to-EBIT distribution charts can be found below:

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



Freight Technologies EV-to-EBIT Calculation

Freight Technologies's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=4.805/-8.415
=-0.57

Freight Technologies's current Enterprise Value is $4.81 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Freight Technologies's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was $-8.42 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.


Freight Technologies  (NAS:FRGT) 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) %.

Freight Technologies'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 )
=-8.415/8.88504312
=-94.71 %

Freight Technologies's Enterprise Value for the quarter that ended in Dec. 2023 was $8.89 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Freight Technologies's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was $-8.42 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.


Freight Technologies EV-to-EBIT Related Terms

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


Freight Technologies (Freight Technologies) Business Description

Traded in Other Exchanges
N/A
Address
2001 Timberloch Place, Suite 500, The Woodlands, TX, USA, 77380
Freight Technologies Inc is a technology company developing solutions to optimize and automate the supply chain process. Along with its subsidiary, Freight App, Inc, the group is focused on making shipping transparent and efficient. Fr8App provides carriers with increased growth opportunities and shippers with flexibility, visibility, and simplicity for the once-complex process of international over-the-road (OTR) shipping. It uses its proprietary technology platform to connect carriers and shippers and significantly improve matching and operation efficiency via innovative technologies such as live pricing and real-time tracking, digital freight marketplace, broker, transportation management, fleet management, and committed capacity solutions.