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IX Acquisition (IX Acquisition) EV-to-EBIT : -95.24 (As of May. 22, 2024)


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What is IX Acquisition EV-to-EBIT?

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, IX Acquisition's Enterprise Value is $99.43 Mil. IX Acquisition's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was $-1.04 Mil. Therefore, IX Acquisition's EV-to-EBIT for today is -95.24.

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

IXAQ' s EV-to-EBIT Range Over the Past 10 Years
Min: -371.13   Med: 0   Max: 0
Current: -95.24

IXAQ's EV-to-EBIT is ranked worse than
100% of 175 companies
in the Diversified Financial Services industry
Industry Median: 8.64 vs IXAQ: -95.24

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. IX Acquisition's Enterprise Value for the quarter that ended in Dec. 2023 was $96.42 Mil. IX Acquisition's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was $-1.04 Mil. IX Acquisition's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was -1.08%.


IX Acquisition EV-to-EBIT Historical Data

The historical data trend for IX 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.

IX Acquisition EV-to-EBIT Chart

IX Acquisition Annual Data
Trend Dec21 Dec22 Dec23
EV-to-EBIT
- -201.88 -92.36

IX Acquisition Quarterly Data
Feb21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
EV-to-EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only -201.88 -229.13 -94.09 -110.12 -92.36

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

For the Shell Companies subindustry, IX 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.


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

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

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



IX Acquisition EV-to-EBIT Calculation

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

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=99.431/-1.044
=-95.24

IX Acquisition's current Enterprise Value is $99.43 Mil.
IX Acquisition'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 $-1.04 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.


IX Acquisition  (NAS:IXAQ) 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) %.

IX Acquisition'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 )
=-1.044/96.420191179
=-1.08 %

IX Acquisition's Enterprise Value for the quarter that ended in Dec. 2023 was $96.42 Mil.
IX Acquisition'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 $-1.04 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.


IX Acquisition EV-to-EBIT Related Terms

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IX Acquisition (IX Acquisition) Business Description

Traded in Other Exchanges
N/A
Address
Salamanca Street, Arch 124, London, GBR, SE1 7HX
IX Acquisition Corp is a blank check company.
Executives
Henry Choi director 53 DAVIES STREET, LONDON X0 W1K 5JH
Guy Willner director, officer: Executive Chairman 301 VELOCITY WAY, 5TH FLOOR, FOSTER CITY CA 94404
Noah Aptekar director, officer: CFO, Chief Operations Officer C/O PUGLISI & ASSOCIATES, 850 LIBRARY AVE, SUITE 204, NEWARK DE 19711
Ix Acquisition Sponsor, Llc 10 percent owner C/O PUGLISI & ASSOCIATES, 850 LIBRARY AVE, SUITE 204, NEWARK DE 19711
Karen Bach director, officer: Chief Executive Officer C/O PUGLISI & ASSOCIATES, 850 LIBRARY AVE, SUITE 204, NEWARK DE 19711
Victoria Reid officer: Vice President C/O PUGLISI & ASSOCIATES, 850 LIBRARY AVE, SUITE 204, NEWARK DE 19711
Eduardo Marini director C/O PUGLISI & ASSOCIATES, 850 LIBRARY AVE, SUITE 204, NEWARK DE 19711
Andrew Bartley director C/O PUGLISI & ASSOCIATES, 850 LIBRARY AVE, SUITE 204, NEWARK DE 19711
Ian Spence director C/O PUGLISI & ASSOCIATES, 850 LIBRARY AVE, SUITE 204, NEWARK DE 19711
Shannon Grewer director C/O PUGLISI & ASSOCIATES, 850 LIBRARY AVE, SUITE 204, NEWARK DE 19711