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TortoiseEcofin Acquisition III (TortoiseEcofin Acquisition III) EV-to-EBITDA : 21.91 (As of May. 09, 2024)


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What is TortoiseEcofin Acquisition III EV-to-EBITDA?

EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, TortoiseEcofin Acquisition III's enterprise value is $282.00 Mil. TortoiseEcofin Acquisition III's EBITDA for the trailing twelve months (TTM) ended in Dec. 2023 was $12.87 Mil. Therefore, TortoiseEcofin Acquisition III's EV-to-EBITDA for today is 21.91.

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

TRTL' s EV-to-EBITDA Range Over the Past 10 Years
Min: -316.67   Med: 0   Max: 22.81
Current: 21.91

During the past 3 years, the highest EV-to-EBITDA of TortoiseEcofin Acquisition III was 22.81. The lowest was -316.67. And the median was 0.00.

TRTL's EV-to-EBITDA is ranked worse than
68.48% of 184 companies
in the Diversified Financial Services industry
Industry Median: 8.98 vs TRTL: 21.91

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 (2024-05-09), TortoiseEcofin Acquisition III's stock price is $10.84. TortoiseEcofin Acquisition III's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2023 was $0.310. Therefore, TortoiseEcofin Acquisition III's PE Ratio for today is 34.97.

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


TortoiseEcofin Acquisition III EV-to-EBITDA Historical Data

The historical data trend for TortoiseEcofin Acquisition III'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.

TortoiseEcofin Acquisition III EV-to-EBITDA Chart

TortoiseEcofin Acquisition III Annual Data
Trend Dec21 Dec22 Dec23
EV-to-EBITDA
- 30.17 21.44

TortoiseEcofin Acquisition III Quarterly Data
Feb21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
EV-to-EBITDA Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 30.17 30.45 31.63 34.01 21.44

Competitive Comparison of TortoiseEcofin Acquisition III's EV-to-EBITDA

For the Shell Companies subindustry, TortoiseEcofin Acquisition III'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.


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

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

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



TortoiseEcofin Acquisition III EV-to-EBITDA Calculation

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

EV-to-EBITDA=Enterprise Value (Today)/EBITDA (TTM)
=281.999/12.873
=21.91

TortoiseEcofin Acquisition III's current Enterprise Value is $282.00 Mil.
TortoiseEcofin Acquisition III'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 $12.87 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.


TortoiseEcofin Acquisition III  (NYSE:TRTL) 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.

TortoiseEcofin Acquisition III's PE Ratio for today is calculated as:

PE Ratio=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=10.84/0.310
=34.97

TortoiseEcofin Acquisition III's share price for today is $10.84.
TortoiseEcofin Acquisition III'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 $0.310.

* 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?


TortoiseEcofin Acquisition III EV-to-EBITDA Related Terms

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


TortoiseEcofin Acquisition III (TortoiseEcofin Acquisition III) Business Description

Traded in Other Exchanges
N/A
Address
6363 College Boulevard, Overland Park, KS, USA, 66211
TortoiseEcofin Acquisition Corp III is a blank check company.
Executives
Andrew B Lipsher director C/O VOLTA INDUSTRIES, INC., 155 DE HARO STREET, SAN FRANCISCO CA 94103
Hennessy Capital Growth Partners Fund I Spv V, Llc 10 percent owner 195 US HWY 50, SUITE 208, ZEPHYR COVE NV 89448
Hennessy Capital Growth Partners Fund I, Lp 10 percent owner 3415 N. PINES WAY, SUITE 204, WILSON WY 83014
Matthew Schindel director 195 US HWY 50, SUITE 208, ZEPHYR COVE NV 89448
Tortoiseecofin Sponsor Iii Llc 10 percent owner 5100 W. 115TH PLACE, LEAWOOD KS 66211
Thomas D Hennessy director, 10 percent owner 3485 N. PINES WAY SUITE 110, WILSON WY 83014
Jack Leeney director 3485 N. PINES WAY SUITE 110, WILSON WY 83014
Greg A Walker director 999 CORPORATE BOULEVARD, SUITE 300, LINTHICUM HEIGHTS MD 21090
Darrell Jr. Brock officer: Vice President 725 FIFTH AVENUE, 19TH FLOOR, NEW YORK NY 10022
Juan J. Daboub director 5100 W. 115TH PLACE, LEAWOOD KS 66211
Stephen S. Pang director, officer: President and CFO 5100 W. 115TH PLACE, LEAWOOD KS 66211
Evan J. Zimmer officer: Vice President 5100 W. 115TH PLACE, LEAWOOD KS 66211
Mary Beth Mandanas director 5100 W. 115TH PLACE, LEAWOOD KS 66211
Steven C. Schnitzer officer: VP, Gen. Counsel and Secretary 725 FIFTH AVE., 19TH FLOOR, NEW YORK NY 10022
William J. Clinton director 5100 W. 115TH PLACE, LEAWOOD KS 66211