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Athanase Innovation AB (OSTO:ATIN) EV-to-EBIT : 2.04 (As of May. 31, 2024)


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What is Athanase Innovation AB EV-to-EBIT?

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Athanase Innovation AB's Enterprise Value is kr393.19 Mil. Athanase Innovation AB's EBIT for the trailing twelve months (TTM) ended in Dec. 2020 was kr192.77 Mil. Therefore, Athanase Innovation AB's EV-to-EBIT for today is 2.04.

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

OSTO:ATIN's EV-to-EBIT is not ranked *
in the Asset Management industry.
Industry Median: 9.47
* Ranked among companies with meaningful EV-to-EBIT only.

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Athanase Innovation AB's Enterprise Value for the quarter that ended in Dec. 2020 was kr-379.62 Mil. Athanase Innovation AB's EBIT for the trailing twelve months (TTM) ended in Dec. 2020 was kr192.77 Mil. Athanase Innovation AB's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2020 was -50.78%.


Athanase Innovation AB EV-to-EBIT Historical Data

The historical data trend for Athanase Innovation AB'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.

Athanase Innovation AB EV-to-EBIT Chart

Athanase Innovation AB Annual Data
Trend Jun17 Jun18 Jun19
EV-to-EBIT
- 34.36 32.94

Athanase Innovation AB Semi-Annual Data
Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20
EV-to-EBIT Get a 7-Day Free Trial - 32.94 - 32.42 -

Competitive Comparison of Athanase Innovation AB's EV-to-EBIT

For the Asset Management subindustry, Athanase Innovation AB'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.


Athanase Innovation AB's EV-to-EBIT Distribution in the Asset Management Industry

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

* The bar in red indicates where Athanase Innovation AB's EV-to-EBIT falls into.



Athanase Innovation AB EV-to-EBIT Calculation

Athanase Innovation AB's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=393.187/192.772
=2.04

Athanase Innovation AB's current Enterprise Value is kr393.19 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Athanase Innovation AB's EBIT for the trailing twelve months (TTM) ended in Dec. 2020 was kr192.77 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.


Athanase Innovation AB  (OSTO:ATIN) 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) %.

Athanase Innovation AB's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2020 is calculated as:

Earnings Yield (Joel Greenblatt) % (Q: Dec. 2020 ) =EBIT / Enterprise Value (Q: Dec. 2020 )
=192.772/-379.624
=-50.78 %

Athanase Innovation AB's Enterprise Value for the quarter that ended in Dec. 2020 was kr-379.62 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Athanase Innovation AB's EBIT for the trailing twelve months (TTM) ended in Dec. 2020 was kr192.77 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.


Athanase Innovation AB EV-to-EBIT Related Terms

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Athanase Innovation AB (OSTO:ATIN) Business Description

Traded in Other Exchanges
N/A
Address
Nybrogatan 3, Stockholm, SWE, 114 34
Athanase Innovation AB is an alternative investment firm with exposure to both private and public equity. It invests in innovative companies that benefit from trends such as robotics, digitalization, and automation. The principal revenue stream is initially management fees charged on the external fund capital and investment income of the underlying assets.

Athanase Innovation AB (OSTO:ATIN) Headlines

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