EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, Forza X1's enterprise value is $-6.18 Mil.
Forza X1's EBITDA for the trailing twelve months (TTM) ended in Dec. 2023 was $-5.74 Mil. Therefore, Forza X1's EV-to-EBITDA for today is 1.08.
The historical rank and industry rank for Forza X1's EV-to-EBITDA or its related term are showing as below:
FRZA'
s EV-to-EBITDA Range Over the Past 10 Years
Min: 0.59 Med: 0.89 Max: 1.16
Current: 1.08
During the past 4 years, the highest EV-to-EBITDA of Forza X1 was 1.16. The lowest was 0.59. And the median was 0.89.
FRZA's EV-to-EBITDA is ranked better than 97% of 1100
companies
in the Vehicles & Parts industry
Industry Median: 9.605
vs FRZA: 1.08
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 (2024-05-07), Forza X1's stock price is $0.408.
Forza X1's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2023 was $-0.479. Therefore, Forza X1's PE Ratio for today is At Loss.
The "classic" EV-to-EBITDA is much better in capturing debt and net cash than the PE Ratio.
Forza X1 EV-to-EBITDA Historical Data
The historical data trend for Forza X1'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.
For the Recreational Vehicles subindustry, Forza X1'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.
Forza X1's EV-to-EBITDA Distribution in the Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, Forza X1's EV-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Forza X1's EV-to-EBITDA falls into.
Forza X1 EV-to-EBITDA Calculation
Forza X1's EV-to-EBITDA for today is calculated as:
Forza X1's current Enterprise Value is $-6.18 Mil.
Forza X1's EBITDA 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 $-5.74 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.
Forza X1 (NAS:FRZA) 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.
Forza X1's share price for today is $0.408.
Forza X1's Earnings per Share (Diluted) 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 $-0.479.
* 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.
Thank you for viewing the detailed overview of Forza X1's EV-to-EBITDA provided by GuruFocus.com. Please click on the following links to see related term pages.
Forza X1 Inc develops and manufactures fully electric, affordable boats with mass appeal. The company is focused on the creation, implementation, and sale of electric boats utilizing its electric vehicle (EV) technology to control and power its boats and proprietary outboard electric motor. its electric boats are being designed as fully integrated electric boats including the hull, outboard motor, and control system. Its initial two models, the FX1 Dual Console and FX1 Center Console are being designed to be 24 feet in length, have an 8' beam or width, and utilize a catamaran hull surface to reduce drag and increase run times.
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