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Torrent Capital (TSXV:TORR) EV-to-EBIT : 1.05 (As of Jun. 05, 2024)


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What is Torrent Capital EV-to-EBIT?

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Torrent Capital's Enterprise Value is C$-2.55 Mil. Torrent Capital's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 was C$-2.44 Mil. Therefore, Torrent Capital's EV-to-EBIT for today is 1.05.

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

TSXV:TORR' s EV-to-EBIT Range Over the Past 10 Years
Min: -20.18   Med: -0.24   Max: 99.97
Current: 1.05

During the past 13 years, the highest EV-to-EBIT of Torrent Capital was 99.97. The lowest was -20.18. And the median was -0.24.

TSXV:TORR's EV-to-EBIT is ranked better than
84.79% of 493 companies
in the Asset Management industry
Industry Median: 9.53 vs TSXV:TORR: 1.05

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Torrent Capital's Enterprise Value for the quarter that ended in Mar. 2024 was C$-1.04 Mil. Torrent Capital's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 was C$-2.44 Mil. Torrent Capital's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 235.31%.


Torrent Capital EV-to-EBIT Historical Data

The historical data trend for Torrent Capital'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.

Torrent Capital EV-to-EBIT Chart

Torrent Capital Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EV-to-EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only -1.13 -0.41 -0.32 0.70 0.05

Torrent Capital Quarterly Data
Jun19 Sep19 Dec19 Mar20 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 Premium Member Only Premium Member Only Premium Member Only 0.50 0.24 -0.73 0.05 0.42

Competitive Comparison of Torrent Capital's EV-to-EBIT

For the Asset Management subindustry, Torrent Capital'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.


Torrent Capital's EV-to-EBIT Distribution in the Asset Management Industry

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

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



Torrent Capital EV-to-EBIT Calculation

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

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=-2.548/-2.436
=1.05

Torrent Capital's current Enterprise Value is C$-2.55 Mil.
Torrent Capital's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was C$-2.44 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.


Torrent Capital  (TSXV:TORR) 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) %.

Torrent Capital'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 )
=-2.436/-1.035228
=235.31 %

Torrent Capital's Enterprise Value for the quarter that ended in Mar. 2024 was C$-1.04 Mil.
Torrent Capital's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was C$-2.44 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.


Torrent Capital EV-to-EBIT Related Terms

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


Torrent Capital (TSXV:TORR) Business Description

Traded in Other Exchanges
Address
1969 Upper Water Street, Suite 2001, Purdy’s Wharf II, Halifax, NS, CAN, B3J 3R7
Torrent Capital Ltd is a company that focuses on strategic investments in public and private company securities.
Executives
R. Wayne Myles Director

Torrent Capital (TSXV:TORR) Headlines

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