Forum Merger III EV/EBIT
What is the EV/EBIT of Forum Merger III?
The EV/EBIT of Forum Merger III Corporation 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 Finance sector on NASDAQ compared to Forum Merger III
Companies with ev/ebit similar to Forum Merger III
- EYEMAXX Real Estate AG has EV/EBIT of N/A
- HF Societe Anonyme has EV/EBIT of N/A
- Poddar Housing and Development has EV/EBIT of N/A
- Magnum Ventures has EV/EBIT of N/A
- Excel Realty N Infra has EV/EBIT of N/A
- HighGold Mining has EV/EBIT of N/A
- Forum Merger III has EV/EBIT of N/A
- Gravity (India) has EV/EBIT of N/A
- Clean Fuels Corp has EV/EBIT of N/A
- Innovid Corp has EV/EBIT of N/A
- dynaCERT has EV/EBIT of N/A
- CurAegis Technologies has EV/EBIT of N/A
- RISE Education Cayman Ltd has EV/EBIT of N/A