Akoustis Technologies Inc EV/EBIT
What is the EV/EBIT of Akoustis Technologies Inc?
The EV/EBIT of Akoustis Technologies Inc is N/A
What is the definition of EV/EBIT?
Enterprise value to earnings before interest and taxes (EV/EBIT) is a financial ratio used to measure if a stock is priced appropriately to similar stocks and the market. It is similar to the P/E ratio.
ttm (trailing twelve months)
The EV/EBIT ratio addresses some of the shortcomings of the P/E ratio. Instead of taking market capitalization, the ratio uses enterprise value, as it takes into account the true value of the company. Enterprise value includes both equity and debt. It is calculated as:
Enterprise value = market cap + total debt – cash and cash equivalents
The EV/EBIT ratio is useful in comparing peers within the wider market. A high EV/EBIT ratio indicates that a company’s stock is overvalued. On the opposite, a low EV/EBIT ratio indicates that a company’s stock is undervalued. The lower the ratio, the more financially stable a company should be. However, investors and analyst should use other ratios and information to get a full picture of a company’s financial state and actual value.
EV/EBIT of companies in the Technology sector on NASDAQ compared to Akoustis Technologies Inc
What does Akoustis Technologies Inc do?
founded in 2014 by experienced industry leaders and scientists from university of california at santa barbara (ucsb) and cornell university, akoustis’ mission is to commercialize and manufacture its patent-pending bulk one™ acoustic wave technology to address the critical frequency-selectivity requirements in today’s mobile smartphones – improving the efficiency and signal quality of mobile wireless devices and enabling the internet of things. the bulk acoustic wave (baw) filter market is rapidly expanding, driven by growth in 4g/lte and the number of filters required per device. nearly 2 billion mobile phones are manufactured per year, and over half are in the growing segment of high-end smartphones. because these smartphones need to operate globally, on more than one carrier, and with bands that are becoming ever-closer together, the need for higher-performance filters is upon us to ensure mobile compatibility. 4g/lte networks are driving the need for higher frequencies, and traditio
Companies with ev/ebit similar to Akoustis Technologies Inc
- 9 Meters Biopharma has EV/EBIT of N/A
- Codrus Minerals has EV/EBIT of N/A
- Cerence Inc has EV/EBIT of N/A
- Navidea Biopharmaceuticals Inc has EV/EBIT of N/A
- PAVmed Inc has EV/EBIT of N/A
- Synairgen plc has EV/EBIT of N/A
- Akoustis Technologies Inc has EV/EBIT of N/A
- Vaxart Inc has EV/EBIT of N/A
- Blue Thunder Mining has EV/EBIT of N/A
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- Transglobe has EV/EBIT of N/A
- AIM ImmunoTech Inc has EV/EBIT of N/A
- North Peak Resources has EV/EBIT of N/A