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Andretti Acquisition (Andretti Acquisition) EV-to-EBIT : -237.49 (As of May. 29, 2024)


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What is Andretti Acquisition EV-to-EBIT?

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Andretti Acquisition's Enterprise Value is $187.86 Mil. Andretti Acquisition's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was $-0.79 Mil. Therefore, Andretti Acquisition's EV-to-EBIT for today is -237.49.

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

WNNR' s EV-to-EBIT Range Over the Past 10 Years
Min: -26402.33   Med: 0   Max: 317.68
Current: -237.49

During the past 3 years, the highest EV-to-EBIT of Andretti Acquisition was 317.68. The lowest was -26402.33. And the median was 0.00.

WNNR's EV-to-EBIT is ranked worse than
100% of 175 companies
in the Diversified Financial Services industry
Industry Median: 8.81 vs WNNR: -237.49

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Andretti Acquisition's Enterprise Value for the quarter that ended in Dec. 2023 was $150.61 Mil. Andretti Acquisition's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was $-0.79 Mil. Andretti Acquisition's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was -0.53%.


Andretti Acquisition EV-to-EBIT Historical Data

The historical data trend for Andretti Acquisition'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.

Andretti Acquisition EV-to-EBIT Chart

Andretti Acquisition Annual Data
Trend Dec21 Dec22 Dec23
EV-to-EBIT
- 156.73 -190.16

Andretti Acquisition Quarterly Data
Jan21 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 156.73 124.18 76.12 65.05 -190.16

Competitive Comparison of Andretti Acquisition's EV-to-EBIT

For the Shell Companies subindustry, Andretti Acquisition'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.


Andretti Acquisition's EV-to-EBIT Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Andretti Acquisition's EV-to-EBIT distribution charts can be found below:

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



Andretti Acquisition EV-to-EBIT Calculation

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

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=187.858/-0.791
=-237.49

Andretti Acquisition's current Enterprise Value is $187.86 Mil.
Andretti Acquisition'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 $-0.79 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.


Andretti Acquisition  (NYSE:WNNR) 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) %.

Andretti Acquisition'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 )
=-0.791/150.607976
=-0.53 %

Andretti Acquisition's Enterprise Value for the quarter that ended in Dec. 2023 was $150.61 Mil.
Andretti Acquisition'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 $-0.79 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.


Andretti Acquisition EV-to-EBIT Related Terms

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


Andretti Acquisition (Andretti Acquisition) Business Description

Traded in Other Exchanges
N/A
Address
7615 Zionsville Road, Indianapolis, IN, USA, 46268
Andretti Acquisition Corp is a blank check company. It is formed for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses.
Executives
William Matthew Brown officer: See Remarks 331 N. MAIN ST., EULESS TX 76039
William J Sandbrook director, officer: See Remarks C/O U.S. CONCRETE, INC., 331 N. MAIN STREET, EULESS TX 76039
James W Keyes director 4500 WESTGROVE DR. SUITE 222, ADDISON TX 75001
Cassandra S. Lee director 7615 ZIONSVILLE RD, INDIANAPOLIS IN 46268
Gerald D Putnam director 100 SOUTH WACKER DRIVE, SUITE 1800, CHICAGO IL 60606
Michael Andretti director, officer: See Remarks 4151 E. 96TH STREET, INDIANAPOLIS IN 46240
Andretti Sponsor Llc director, 10 percent owner, officer: See Remarks 7615 ZIONSVILLE RD, INDIANAPOLIS IN 46268
John J. Romanelli director 7615 ZIONSVILLE RD, INDIANAPOLIS IN 46268
Zakary C. Brown director 7615 ZIONSVILLE RD, INDIANAPOLIS IN 46268