REE Automotive (REE Automotive) EV-to-EBIT : 0.00 (As of Apr. 28, 2024)

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What is REE Automotive EV-to-EBIT?

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, REE Automotive's Enterprise Value is $-0.18 Mil. REE Automotive's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was $-62.75 Mil. Therefore, REE Automotive's EV-to-EBIT for today is 0.00.

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

During the past 5 years, the highest EV-to-EBIT of REE Automotive was 0.45. The lowest was -33.29. And the median was -0.07.

REE's EV-to-EBIT is not ranked ^*
in the Vehicles & Parts industry.
Industry Median: 12.595
* Ranked among companies with meaningful EV-to-EBIT only.

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. REE Automotive's Enterprise Value for the quarter that ended in Dec. 2023 was $-3.51 Mil. REE Automotive's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was $-62.75 Mil. REE Automotive's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 1,789.62%.

REE Automotive EV-to-EBIT Historical Data

The historical data trend for REE Automotive'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.

REE Automotive EV-to-EBIT Chart

REE Automotive Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

EV-to-EBIT

-1.99

0.29

0.03

REE Automotive Quarterly Data
	Dec19	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Jun23	Sep23	Dec23
EV-to-EBIT	Get a 7-Day Free Trial										-	0.29	-0.15	0.56	0.03

Competitive Comparison of REE Automotive's EV-to-EBIT

For the Recreational Vehicles subindustry, REE Automotive'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.

REE Automotive's EV-to-EBIT Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, REE Automotive's EV-to-EBIT distribution charts can be found below:

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

REE Automotive EV-to-EBIT Calculation

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

EV-to-EBIT	=	Enterprise Value (Today)	/	EBIT (TTM)
	=	-0.176	/	-62.751
	=	0.00

REE Automotive's current Enterprise Value is $-0.18 Mil.
REE Automotive'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 $-62.75 Mil.

REE Automotive (NAS:REE) 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) %.

REE Automotive'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 )
	=	-62.751	/	-3.5063836
	=	1,789.62 %

REE Automotive's Enterprise Value for the quarter that ended in Dec. 2023 was $-3.51 Mil.
REE Automotive'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 $-62.75 Mil.

REE Automotive EV-to-EBIT Related Terms

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REE Automotive (REE Automotive) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » REE Automotive Ltd (NAS:REE) » Definitions » EV-to-EBIT

Comparable Companies

Traded in Other Exchanges

N/A

Address

Kibbutz Glil-Yam, Herzliya, ISR, 4690500

Website

https://www.ree.auto

REE Automotive Ltd is a technology company whose mission is to be the cornerstone for zero-emission electric and autonomous vehicles. Company aims to empower the companies, such as original equipment manufacturers, or OEMs, delivery and logistics fleets, dealers, e-commerce retailers, new mobility players, Mobility-as-a-Service providers and autonomous drive companies, in the build-out of any size or shape of electric or autonomous vehicle - from Class 1 through Class 6, focusing primarily on Class 3 through 5 platform models on the P7 EV platform. Geographical preference in Israel, Germany, Norway, U.S, and Rest of the world.

Executives

David Weisburd	other: Member of Sponsor	1 WORLD TRADE CENTER, FLOOR 85, NEW YORK NY 10007
Hans Thomas	director	1 WORLD TRADE CENTER, FLOOR 85, NEW YORK NY 10007