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Reddit (Reddit) EV-to-EBIT : -13.83 (As of May. 16, 2024)


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What is Reddit EV-to-EBIT?

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Reddit's Enterprise Value is $8,104.9 Mil. Reddit's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 was $-586.2 Mil. Therefore, Reddit's EV-to-EBIT for today is -13.83.

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

RDDT' s EV-to-EBIT Range Over the Past 10 Years
Min: -68.41   Med: -2.58   Max: -1.87
Current: -13.83

During the past 4 years, the highest EV-to-EBIT of Reddit was -1.87. The lowest was -68.41. And the median was -2.58.

RDDT's EV-to-EBIT is ranked worse than
100% of 311 companies
in the Interactive Media industry
Industry Median: 12.28 vs RDDT: -13.83

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Reddit's Enterprise Value for the quarter that ended in Mar. 2024 was $6,411.1 Mil. Reddit's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 was $-586.2 Mil. Reddit's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was -9.14%.


Reddit EV-to-EBIT Historical Data

The historical data trend for Reddit'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.

Reddit EV-to-EBIT Chart

Reddit Annual Data
Trend Dec20 Dec21 Dec22 Dec23
EV-to-EBIT
- - - -

Reddit Quarterly Data
Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 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 - - - - -10.94

Competitive Comparison of Reddit's EV-to-EBIT

For the Internet Content & Information subindustry, Reddit'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.


Reddit's EV-to-EBIT Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Reddit's EV-to-EBIT distribution charts can be found below:

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



Reddit EV-to-EBIT Calculation

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

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=8104.925/-586.24
=-13.83

Reddit's current Enterprise Value is $8,104.9 Mil.
Reddit'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 $-586.2 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.


Reddit  (NYSE:RDDT) 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) %.

Reddit'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 )
=-586.24/6411.09272
=-9.14 %

Reddit's Enterprise Value for the quarter that ended in Mar. 2024 was $6,411.1 Mil.
Reddit'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 $-586.2 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.


Reddit EV-to-EBIT Related Terms

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


Reddit (Reddit) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
303 2nd Street, South Tower, 5th Floor, South Tower, 5th Floor, CA, USA, 94107
Reddit Inc is engaged in providing internet content. The company provides online services that include gaming, sports, business, crypto, television and others.

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