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Veritec (Veritec) EV-to-EBIT : -13.74 (As of May. 19, 2024)


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What is Veritec EV-to-EBIT?

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Veritec's Enterprise Value is $9.21 Mil. Veritec's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was $-0.67 Mil. Therefore, Veritec's EV-to-EBIT for today is -13.74.

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

VRTC' s EV-to-EBIT Range Over the Past 10 Years
Min: -141.72   Med: -13.04   Max: 75.37
Current: -13.74

During the past 13 years, the highest EV-to-EBIT of Veritec was 75.37. The lowest was -141.72. And the median was -13.04.

VRTC's EV-to-EBIT is ranked worse than
100% of 1656 companies
in the Software industry
Industry Median: 18.075 vs VRTC: -13.74

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Veritec's Enterprise Value for the quarter that ended in Dec. 2023 was $10.80 Mil. Veritec's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was $-0.67 Mil. Veritec's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was -6.20%.


Veritec EV-to-EBIT Historical Data

The historical data trend for Veritec'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.

Veritec EV-to-EBIT Chart

Veritec Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
EV-to-EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only -10.59 -27.04 -11.29 -139.28 -12.10

Veritec Quarterly Data
Mar19 Jun19 Sep19 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 Premium Member Only Premium Member Only Premium Member Only -30.98 -22.86 -12.10 -13.44 -16.12

Competitive Comparison of Veritec's EV-to-EBIT

For the Software - Application subindustry, Veritec'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.


Veritec's EV-to-EBIT Distribution in the Software Industry

For the Software industry and Technology sector, Veritec's EV-to-EBIT distribution charts can be found below:

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



Veritec EV-to-EBIT Calculation

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

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=9.209/-0.67
=-13.74

Veritec's current Enterprise Value is $9.21 Mil.
Veritec'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 $-0.67 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.


Veritec  (OTCPK:VRTC) 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) %.

Veritec'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 )
=-0.67/10.80028
=-6.20 %

Veritec's Enterprise Value for the quarter that ended in Dec. 2023 was $10.80 Mil.
Veritec'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 $-0.67 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.


Veritec EV-to-EBIT Related Terms

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


Veritec (Veritec) Business Description

Traded in Other Exchanges
N/A
Address
12445 Winnetka Avenue North, Golden Valley, MN, USA, 55427
Veritec Inc is engaged in the development, marketing, sales, and licensing of products and rendering of professional services. The company renders professional services related to mobile banking technology. Its mobile banking technology is used to offer Prepaid Card Programs to sponsor banks and approved applicants/cardholders. The products and services offered by the company include MTC Debit Card - Visa Prepaid Card Programs, blinx ON-OFF Debit Card - Visa Prepaid Card Programs, Custom Branded Debit Card Programs, and blinxPay Mobile Wallet App. Geographically, it derives revenue from the United States.
Executives
Matthews Group, Llc 10 percent owner 2445 WINNETKA AVENUE, GOLDEN VALLEY MN 55427
Van Thuy Tran director, 10 percent owner, officer: CEO & President 2445 WINNETKA AVENUE, GOLDEN VALLEY MN 55427
Lawrence J Johanns 10 percent owner 2445 WINNETKA AVENUE, GOLDEN VALLEY MN 55427
Laird E. Powers director 530 HAWTHORNE COURT, LOS ALTOS CA 94024
David Christopher Reiling director 4516 FREMONT AVENUE SOUTH, MINNEAPOLIS MN 55419
Robert W Junghans director 2 SKILLMAN LANE, NORTH OAKS MN 55127
Jeffrey J Hattara officer: Chief Executive Officer 319 BARRY AVENUE SOUTH, SUITE 300, WAYZATA MN 55391
Gerald David Fors officer: CFO 7321-15TH AVE. SO., RICHFIELD MN 55423
Larry Matthews director 7601 5TH AVE., RICHFIELD MN 55423
Charles E Boyer director

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