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Nu Ride (Nu Ride) EV-to-EBIT : 0.91 (As of May. 17, 2024)


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What is Nu Ride EV-to-EBIT?

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Nu Ride's Enterprise Value is $-161.32 Mil. Nu Ride's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was $-176.97 Mil. Therefore, Nu Ride's EV-to-EBIT for today is 0.91.

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

NRDE' s EV-to-EBIT Range Over the Past 10 Years
Min: -0.51   Med: 0.15   Max: 0.93
Current: 0.91

During the past 5 years, the highest EV-to-EBIT of Nu Ride was 0.93. The lowest was -0.51. And the median was 0.15.

NRDE's EV-to-EBIT is ranked better than
97.06% of 1053 companies
in the Vehicles & Parts industry
Industry Median: 12.76 vs NRDE: 0.91

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Nu Ride's Enterprise Value for the quarter that ended in Dec. 2023 was $-35.20 Mil. Nu Ride's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was $-176.97 Mil. Nu Ride's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 502.78%.


Nu Ride EV-to-EBIT Historical Data

The historical data trend for Nu Ride'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.

Nu Ride EV-to-EBIT Chart

Nu Ride Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
EV-to-EBIT
- -26.80 -1.08 -0.29 0.20

Nu Ride Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -0.29 -0.05 0.22 0.05 0.20

Competitive Comparison of Nu Ride's EV-to-EBIT

For the Auto Manufacturers subindustry, Nu Ride'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.


Nu Ride's EV-to-EBIT Distribution in the Vehicles & Parts Industry

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

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



Nu Ride EV-to-EBIT Calculation

Nu Ride's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=-161.320/-176.965
=0.91

Nu Ride's current Enterprise Value is $-161.32 Mil.
Nu Ride'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 $-176.97 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.


Nu Ride  (OTCPK:NRDE) 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) %.

Nu Ride'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 )
=-176.965/-35.19716
=502.78 %

Nu Ride's Enterprise Value for the quarter that ended in Dec. 2023 was $-35.20 Mil.
Nu Ride'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 $-176.97 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.


Nu Ride EV-to-EBIT Related Terms

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


Nu Ride (Nu Ride) Business Description

Traded in Other Exchanges
N/A
Address
2300 Hallock Young Road, Lordstown, OH, USA, 44481
Lordstown Motors Corp is an electric vehicle innovator developing high-quality light duty commercial fleet vehicles, with the Endurance all electric pick-up truck as its first vehicle being launched in the Lordstown, Ohio facility. The Company is in its final design and testing phase related to their production of the Endurance and has yet to bring a completed product to market.
Executives
Stephen S. Burns director, officer: Chief Executive Officer C/O ADVANCED MECHANICAL PRODUCTS, INC., 4540 ALPINE ROAD, BLUE ASH OH 45242
Anderson Joseph B Jr director MERITOR, INC., 2135 WEST MAPLE ROAD, TROY MI 48084-7186
Edward T. Hightower officer: President C/O LORDSTOWN MOTORS CORP., 2300 HALLOCK YOUNG ROAD, LORDSTOWN OH 44481
Donna Bell officer: EVP, PROD CRTN, ENG & SUPP CHN C/O LORDSTOWN MOTORS CORP., 2300 HALLOCK YOUNG ROAD, LORDSTOWN OH 44481
Jane Ritson-parsons officer: CHIEF OPERATING OFFICER C/O LORDSTOWN MOTORS CORP., 2300 HALLOCK YOUNG ROAD, LORDSTOWN OH 44481
Laura J. Soave director C/O LORDSTOWN MOTORS CORP., 2300 HALLOCK YOUNG ROAD, LORDSTOWN OH 44481
Daniel A Ninivaggi director, officer: CHIEF EXECUTIVE OFFICER C/O ICAHN ENTERPRISES L.P., 767 FIFTH AVENUE, SUITE 4600, NEW YORK NY 10153
Melissa A. Leonard officer: EVP, GEN. COUNSEL & SECRETARY C/O LORDSTOWN MOTORS CORP., 2300 HALLOCK YOUNG ROAD, LORDSTOWN OH 44481
Adam B Kroll officer: CHIEF FINANCIAL OFFICER 475 QUAKER MEETING HOUSE RD, HONEOYE FALLS NY 14472
Rebecca A Roof officer: Interim CFO C/O LORDSTOWN MOTORS CORP., 2300 HALLOCK YOUNG ROAD, LORDSTOWN OH 44481
Chuan D. Vo officer: Vice President of Propulsion C/O LORDSTOWN MOTORS CORP., 2300 HALLOCK YOUNG ROAD, LORDSTOWN OH 44481
Julio C. Rodriguez officer: Chief Financial Officer 315 CHELSEY CT., ALPHARETTA GA 30004
Darren Post officer: Vice President of Engineering C/O LORDSTOWN MOTORS CORP., 2300 HALLOCK YOUNG ROAD, LORDSTOWN OH 44481
Phil Richard Schmidt officer: Chief Production Officer C/O LORDSTOWN MOTORS CORP., 2300 HALLOCK YOUNG ROAD, LORDSTOWN OH 44481
Shane Brown officer: Chief Production Officer 2300 HALLOCK YOUNG ROAD, LORDSTOWN OH 44481