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REE Automotive (REE Automotive) EV-to-EBIT : -0.06 (As of Jun. 06, 2024)


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What is REE Automotive EV-to-EBIT?

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, REE Automotive's Enterprise Value is $7.29 Mil. REE Automotive's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 was $-113.35 Mil. Therefore, REE Automotive's EV-to-EBIT for today is -0.06.

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

REE' s EV-to-EBIT Range Over the Past 10 Years
Min: -33.29   Med: -0.09   Max: 0.38
Current: -0.06

During the past 5 years, the highest EV-to-EBIT of REE Automotive was 0.38. The lowest was -33.29. And the median was -0.09.

REE's EV-to-EBIT is ranked worse than
100% of 1063 companies
in the Vehicles & Parts industry
Industry Median: 12.02 vs REE: -0.06

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. REE Automotive's Enterprise Value for the quarter that ended in Mar. 2024 was $24.40 Mil. REE Automotive's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 was $-113.35 Mil. REE Automotive's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was -464.55%.


REE Automotive EV-to-EBIT Historical Data

The historical data trend for REE Automotive'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.

REE Automotive EV-to-EBIT Chart

REE Automotive Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
EV-to-EBIT
- - -1.99 0.29 0.03

REE Automotive Quarterly Data
Dec19 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 -0.66 -0.08 0.27 0.03 -0.22

Competitive Comparison of REE Automotive's EV-to-EBIT

For the Recreational Vehicles subindustry, REE Automotive'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.


REE Automotive's EV-to-EBIT Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, REE Automotive's EV-to-EBIT distribution charts can be found below:

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



REE Automotive EV-to-EBIT Calculation

REE Automotive's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=7.291/-113.347
=-0.06

REE Automotive's current Enterprise Value is $7.29 Mil.
REE Automotive'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 $-113.35 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.


REE Automotive  (NAS:REE) 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) %.

REE Automotive'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 )
=-113.347/24.399184
=-464.55 %

REE Automotive's Enterprise Value for the quarter that ended in Mar. 2024 was $24.40 Mil.
REE Automotive'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 $-113.35 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.


REE Automotive EV-to-EBIT Related Terms

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


REE Automotive (REE Automotive) Business Description

Traded in Other Exchanges
N/A
Address
Kibbutz Glil-Yam, Herzliya, ISR, 4690500
REE Automotive Ltd is a technology company whose mission is to be the cornerstone for zero-emission electric and autonomous vehicles. Company aims to empower the companies, such as original equipment manufacturers, or OEMs, delivery and logistics fleets, dealers, e-commerce retailers, new mobility players, Mobility-as-a-Service providers and autonomous drive companies, in the build-out of any size or shape of electric or autonomous vehicle - from Class 1 through Class 6, focusing primarily on Class 3 through 5 platform models on the P7 EV platform. Geographical preference in Israel, Germany, Norway, U.S, and Rest of the world.
Executives
David Weisburd other: Member of Sponsor 1 WORLD TRADE CENTER, FLOOR 85, NEW YORK NY 10007
Hans Thomas director 1 WORLD TRADE CENTER, FLOOR 85, NEW YORK NY 10007