Platform 9 Capital EV/EBIT
What is the EV/EBIT of Platform 9 Capital?
The EV/EBIT of Platform 9 Capital Corp. 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 TSXV compared to Platform 9 Capital
What does Platform 9 Capital do?
Platform 9 Capital Corp. does not have significant operations. It intends to identify and evaluate assets or businesses with a view to completing a qualifying transaction. The company was incorporated in 2018 and is headquartered in Toronto, Canada.
Companies with ev/ebit similar to Platform 9 Capital
- Antalis Ventures has EV/EBIT of N/A
- Imagion Biosystems has EV/EBIT of N/A
- Terra Tech has EV/EBIT of N/A
- Universal Security Instruments has EV/EBIT of N/A
- Relief Therapeutics AG has EV/EBIT of N/A
- Ruhnn Ltd has EV/EBIT of N/A
- Platform 9 Capital has EV/EBIT of N/A
- Nyrada has EV/EBIT of N/A
- AzurRx BioPharma Inc has EV/EBIT of N/A
- BGIL Films & Technologies has EV/EBIT of N/A
- Kisses from Italy has EV/EBIT of N/A
- Cinedigm Corp has EV/EBIT of N/A
- TAAT Lifestyle & Wellness has EV/EBIT of N/A