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Finnovate Acquisition (Finnovate Acquisition) EV-to-EBITDA : -38.90 (As of May. 30, 2024)


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What is Finnovate Acquisition EV-to-EBITDA?

EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, Finnovate Acquisition's enterprise value is $78.28 Mil. Finnovate Acquisition's EBITDA for the trailing twelve months (TTM) ended in Mar. 2024 was $-2.01 Mil. Therefore, Finnovate Acquisition's EV-to-EBITDA for today is -38.90.

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

FNVT' s EV-to-EBITDA Range Over the Past 10 Years
Min: -19766   Med: 0   Max: 0
Current: -38.9

FNVT's EV-to-EBITDA is ranked worse than
100% of 182 companies
in the Diversified Financial Services industry
Industry Median: 8.9 vs FNVT: -38.90

EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio to determine the fair market value of a company.

As of today (2024-05-30), Finnovate Acquisition's stock price is $11.38. Finnovate Acquisition's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2024 was $0.118. Therefore, Finnovate Acquisition's PE Ratio for today is 96.44.

The "classic" EV-to-EBITDA is much better in capturing debt and net cash than the PE Ratio.


Finnovate Acquisition EV-to-EBITDA Historical Data

The historical data trend for Finnovate Acquisition's EV-to-EBITDA 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.

Finnovate Acquisition EV-to-EBITDA Chart

Finnovate Acquisition Annual Data
Trend Dec21 Dec22 Dec23
EV-to-EBITDA
- -151.48 -51.14

Finnovate Acquisition Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
EV-to-EBITDA Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -141.76 -49.98 -43.67 -51.14 -51.70

Competitive Comparison of Finnovate Acquisition's EV-to-EBITDA

For the Shell Companies subindustry, Finnovate Acquisition's EV-to-EBITDA, along with its competitors' market caps and EV-to-EBITDA 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.


Finnovate Acquisition's EV-to-EBITDA Distribution in the Diversified Financial Services Industry

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

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



Finnovate Acquisition EV-to-EBITDA Calculation

Finnovate Acquisition's EV-to-EBITDA for today is calculated as:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA (TTM)
=78.276/-2.012
=-38.90

Finnovate Acquisition's current Enterprise Value is $78.28 Mil.
Finnovate Acquisition's EBITDA 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 $-2.01 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.


Finnovate Acquisition  (NAS:FNVT) EV-to-EBITDA Explanation

EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio to determine the fair market value of a company.

Finnovate Acquisition's PE Ratio for today is calculated as:

PE Ratio=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=11.38/0.118
=96.44

Finnovate Acquisition's share price for today is $11.38.
Finnovate Acquisition's Earnings per Share (Diluted) 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 $0.118.

* 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.

Study has found that the companies with the lowest EV-to-EBITDA outperforms companies measured as cheap by other ratios such as PE Ratio.

Please read Which price ratio outperforms the enterprise multiple?


Finnovate Acquisition EV-to-EBITDA Related Terms

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


Finnovate Acquisition (Finnovate Acquisition) Business Description

Traded in Other Exchanges
N/A
Address
20 Genesis Close, The White House, George Town, Grand Cayman, CYM, KY1 1208
Finnovate Acquisition Corp is a blank check company formed for the purpose of entering into a merger, share exchange, asset acquisition, share purchase, recapitalization, reorganization or other similar business combination with one or more businesses.
Executives
Chun Yi Hao director 2 BURLINGTON WOODS DRIVE, SUITE 100, BURLINGTON MA 01803
Sanjay Prasad director 25 MALL ROAD, SUITE 330, BURLINGTON MA 01803
Tiemei Sarah Li director THE WHITE HOUSE, 20 GENESIS CLOSE, GEORGE TOWN E9 KY1 1208
Meitav Investment House Ltd 10 percent owner 30 DEREKH SHESHET HA-YAMIM ST., BENE-BERAQ L3 5112302
Wang Chiu Wong director, 10 percent owner, officer: Chief Financial Officer THE WHITE HOUSE 20 GENESIS CLOSE, GEORGE TOWN, E9 KY1 1208
Calvin Kung director, 10 percent owner, officer: Chief Executive Officer THE WHITE HOUSE 20 GENESIS CLOSE, GEORGE TOWN E9 KY1 1208
Sunorange Ltd. 10 percent owner C/O FINNOVATE ACQUISITION CORP., THE WHITE HOUSE 20 GENESIS CLOSE,, GEORGE TOWN E9 KY11208
Mitchell Alan Garber director ONE CAESARS PALACE DRIVE, LAS VEGAS NV 89109
Ron Avshalom Golan director, officer: Chief Financial Officer 6 FROGNAL CLOSE, LONDON X0 NW3 6YB
Gustavo Rodolfo Schwed director 34 WEST 17TH STREET, PH, NEW YORK NY 10011
David Gershon director, officer: Chief Executive Officer 9 MAURIZIO VITALE APT. 47, TEL AVIV L3 6965104
Nadav Zohar director C/O FINNOVATE ACQUISITION CORP.,, 94 YIGAL ALON ST., TEL AVIV L3 6789139
Jonathan Ophir officer: Chief Investment Officer C/O FINNOVATE ACQUISITION CORP.,, 94 YIGAL ALON ST., TEL AVIV L3 6789139
Finnovate Sponsor L.p. 10 percent owner C/O FINNOVATE ACQUISITION CORP.,, 94 YIGAL ALON ST., TEL AVIV L3 6789139
Finnovate Sponsor Llc 10 percent owner C/O FINNOVATE ACQUISITION CORP., 94 YIGAL ALON ST., TEL AVIV L3 6789139