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IX Acquisition (IX Acquisition) EV-to-FCF : -164.08 (As of May. 22, 2024)


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What is IX Acquisition EV-to-FCF?

EV-to-FCF is calculated as enterprise value divided by its free cash flow. As of today, IX Acquisition's Enterprise Value is $99.43 Mil. IX Acquisition's Free Cash Flow for the trailing twelve months (TTM) ended in Dec. 2023 was $-0.61 Mil. Therefore, IX Acquisition's EV-to-FCF for today is -164.08.

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

IXAQ' s EV-to-FCF Range Over the Past 10 Years
Min: -283.87   Med: 0   Max: 0
Current: -164.08

IXAQ's EV-to-FCF is ranked worse than
100% of 154 companies
in the Diversified Financial Services industry
Industry Median: 8.65 vs IXAQ: -164.08

EV-to-FCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. 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 (2024-05-22), IX Acquisition's stock price is $11.35. IX Acquisition's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2023 was $0.430. Therefore, IX Acquisition's PE Ratio for today is 26.40.


IX Acquisition EV-to-FCF Historical Data

The historical data trend for IX Acquisition's EV-to-FCF 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.

IX Acquisition EV-to-FCF Chart

IX Acquisition Annual Data
Trend Dec21 Dec22 Dec23
EV-to-FCF
- -521.13 -159.11

IX Acquisition Quarterly Data
Feb21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
EV-to-FCF Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only -521.13 -746.99 -270.31 -185.25 -159.11

Competitive Comparison of IX Acquisition's EV-to-FCF

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


IX Acquisition's EV-to-FCF Distribution in the Diversified Financial Services Industry

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

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



IX Acquisition EV-to-FCF Calculation

IX Acquisition's EV-to-FCF for today is calculated as:

EV-to-FCF=Enterprise Value (Today)/Free Cash Flow (TTM)
=99.431/-0.606
=-164.08

IX Acquisition's current Enterprise Value is $99.43 Mil.
IX Acquisition's Free Cash Flow 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 $-0.61 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.


IX Acquisition  (NAS:IXAQ) EV-to-FCF Explanation

EV-to-FCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. 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.

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

PE Ratio=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=11.35/0.430
=26.40

IX Acquisition's share price for today is $11.35.
IX Acquisition'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 $0.430.

* 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.

Enterprise Value is used because it is a more complete measure in reflecting how much an investor pays when buying a company. Free Cash Flow is an important financial metric because it represents the actual amount of cash at a company's disposal. Companies with a low EV-to-FCF ratio, combined with a strong balance sheet are generally considered as undervalued.


IX Acquisition EV-to-FCF Related Terms

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IX Acquisition (IX Acquisition) Business Description

Traded in Other Exchanges
N/A
Address
Salamanca Street, Arch 124, London, GBR, SE1 7HX
IX Acquisition Corp is a blank check company.
Executives
Henry Choi director 53 DAVIES STREET, LONDON X0 W1K 5JH
Guy Willner director, officer: Executive Chairman 301 VELOCITY WAY, 5TH FLOOR, FOSTER CITY CA 94404
Noah Aptekar director, officer: CFO, Chief Operations Officer C/O PUGLISI & ASSOCIATES, 850 LIBRARY AVE, SUITE 204, NEWARK DE 19711
Ix Acquisition Sponsor, Llc 10 percent owner C/O PUGLISI & ASSOCIATES, 850 LIBRARY AVE, SUITE 204, NEWARK DE 19711
Karen Bach director, officer: Chief Executive Officer C/O PUGLISI & ASSOCIATES, 850 LIBRARY AVE, SUITE 204, NEWARK DE 19711
Victoria Reid officer: Vice President C/O PUGLISI & ASSOCIATES, 850 LIBRARY AVE, SUITE 204, NEWARK DE 19711
Eduardo Marini director C/O PUGLISI & ASSOCIATES, 850 LIBRARY AVE, SUITE 204, NEWARK DE 19711
Andrew Bartley director C/O PUGLISI & ASSOCIATES, 850 LIBRARY AVE, SUITE 204, NEWARK DE 19711
Ian Spence director C/O PUGLISI & ASSOCIATES, 850 LIBRARY AVE, SUITE 204, NEWARK DE 19711
Shannon Grewer director C/O PUGLISI & ASSOCIATES, 850 LIBRARY AVE, SUITE 204, NEWARK DE 19711