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Fomo Worldwide (Fomo Worldwide) EV-to-EBIT : -9.46 (As of May. 21, 2024)


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What is Fomo Worldwide EV-to-EBIT?

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Fomo Worldwide's Enterprise Value is $2.81 Mil. Fomo Worldwide's EBIT for the trailing twelve months (TTM) ended in Sep. 2023 was $-0.30 Mil. Therefore, Fomo Worldwide's EV-to-EBIT for today is -9.46.

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

IGOT' s EV-to-EBIT Range Over the Past 10 Years
Min: -71.29   Med: -2.54   Max: -0.37
Current: -9.46

During the past 13 years, the highest EV-to-EBIT of Fomo Worldwide was -0.37. The lowest was -71.29. And the median was -2.54.

IGOT's EV-to-EBIT is ranked worse than
100% of 492 companies
in the Asset Management industry
Industry Median: 9.835 vs IGOT: -9.46

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Fomo Worldwide's Enterprise Value for the quarter that ended in Sep. 2023 was $3.55 Mil. Fomo Worldwide's EBIT for the trailing twelve months (TTM) ended in Sep. 2023 was $-0.30 Mil. Fomo Worldwide's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2023 was -8.36%.


Fomo Worldwide EV-to-EBIT Historical Data

The historical data trend for Fomo Worldwide'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.

Fomo Worldwide EV-to-EBIT Chart

Fomo Worldwide Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
EV-to-EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.99 15.16 -3.68 -0.43 -2.35

Fomo Worldwide Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -0.51 -2.35 -1.43 -8.19 -11.97

Competitive Comparison of Fomo Worldwide's EV-to-EBIT

For the Asset Management subindustry, Fomo Worldwide'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.


Fomo Worldwide's EV-to-EBIT Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Fomo Worldwide's EV-to-EBIT distribution charts can be found below:

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



Fomo Worldwide EV-to-EBIT Calculation

Fomo Worldwide's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=2.811/-0.297
=-9.46

Fomo Worldwide's current Enterprise Value is $2.81 Mil.
Fomo Worldwide'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 $-0.30 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.


Fomo Worldwide  (OTCPK:IGOT) 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) %.

Fomo Worldwide'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 )
=-0.297/3.553888
=-8.36 %

Fomo Worldwide's Enterprise Value for the quarter that ended in Sep. 2023 was $3.55 Mil.
Fomo Worldwide'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 $-0.30 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.


Fomo Worldwide EV-to-EBIT Related Terms

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


Fomo Worldwide (Fomo Worldwide) Business Description

Traded in Other Exchanges
N/A
Address
831 W North Avenue, Pittsburgh, PA, USA, 15233
Fomo Worldwide Inc is focused on business incubation and acceleration. It invests in and advises emerging companies. The company is developing direct investment and affiliations, the majority- and minority-owned, as well as in joint venture formats that afford emerging companies access to the public markets for expansion capital as well as spin-out options to become their own stand-alone public companies.
Executives
Charles Attila Szoradi 10 percent owner, other: Advisory Board Member 555 SOUTH GODDARD BLVD APT. 332, KING OF PRUSSIA PA 19406
Vikram P Grover director, officer: CEO 1340 BROOK ST. UNIT M, ST CHARLES IL 60174