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Better Home & Finance Holding Co (Better Home & Finance Holding Co) EV-to-EBIT : -1.04 (As of May. 21, 2024)


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What is Better Home & Finance Holding Co EV-to-EBIT?

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Better Home & Finance Holding Co's Enterprise Value is $489.67 Mil. Better Home & Finance Holding Co's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 was $-471.36 Mil. Therefore, Better Home & Finance Holding Co's EV-to-EBIT for today is -1.04.

The historical rank and industry rank for Better Home & Finance Holding Co's EV-to-EBIT or its related term are showing as below:

BETR' s EV-to-EBIT Range Over the Past 10 Years
Min: -5.05   Med: -1.04   Max: -0.42
Current: -1.04

During the past 3 years, the highest EV-to-EBIT of Better Home & Finance Holding Co was -0.42. The lowest was -5.05. And the median was -1.04.

BETR's EV-to-EBIT is ranked worse than
100% of 34 companies
in the Banks industry
Industry Median: 14.72 vs BETR: -1.04

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Better Home & Finance Holding Co's Enterprise Value for the quarter that ended in Mar. 2024 was $562.80 Mil. Better Home & Finance Holding Co's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 was $-471.36 Mil. Better Home & Finance Holding Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was -83.75%.

Better Home & Finance Holding Co EV-to-EBIT Historical Data

The historical data trend for Better Home & Finance Holding Co'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.

Better Home & Finance Holding Co EV-to-EBIT Chart

Better Home & Finance Holding Co Annual Data
Trend Dec21 Dec22 Dec23
EV-to-EBIT
- - -1.50

Better Home & Finance Holding Co Quarterly Data
Dec21 Mar22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
EV-to-EBIT Get a 7-Day Free Trial Premium Member Only - - -0.67 -1.50 -1.19

Competitive Comparison of Better Home & Finance Holding Co's EV-to-EBIT

For the Mortgage Finance subindustry, Better Home & Finance Holding Co'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.

Better Home & Finance Holding Co's EV-to-EBIT Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Better Home & Finance Holding Co's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Better Home & Finance Holding Co's EV-to-EBIT falls into.


Better Home & Finance Holding Co EV-to-EBIT Calculation

Better Home & Finance Holding Co's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=489.665/-471.356
=-1.04

Better Home & Finance Holding Co's current Enterprise Value is $489.67 Mil.
Better Home & Finance Holding Co's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-471.36 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.

Better Home & Finance Holding Co  (NAS:BETR) 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) %.

Better Home & Finance Holding Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 is calculated as:

Earnings Yield (Joel Greenblatt) % (Q: Mar. 2024 ) =EBIT / Enterprise Value (Q: Mar. 2024 )
=-471.356/562.7970893
=-83.75 %

Better Home & Finance Holding Co's Enterprise Value for the quarter that ended in Mar. 2024 was $562.80 Mil.
Better Home & Finance Holding Co's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-471.36 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.

Better Home & Finance Holding Co EV-to-EBIT Related Terms

Thank you for viewing the detailed overview of Better Home & Finance Holding Co's EV-to-EBIT provided by GuruFocus.com. Please click on the following links to see related term pages.

Better Home & Finance Holding Co (Better Home & Finance Holding Co) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Better Home & Finance Holding Co (NAS:BETR) » Definitions » EV-to-EBIT
Comparable Companies
VEL GHI FMCC UWMC LDI OCN CNF SNFCA GHLD IOR COOP PFSI NSE:LICHSGFIN NSE:PNBHOUSING WD BOM:543335 TSX:FN LSE:OSB BOM:541988 BOM:511196
Traded in Other Exchanges
N/A
Address
175 Greenwich street, 3 World trade center, 57th floor, New York, NY, USA, 10007
Website
https://www.better.com
Better Home & Finance Holding Co is a digital-first homeownership company whose services included mortgage, real estate, title, and homeowners insurance. The company has combined technology innovation and fresh thinking with a deep customer focus with the goal to revolutionize the homeownership industry.
Executives
Activant Ventures Iii Opportunities Fund 6, Lp director, 10 percent owner 323 RAILROAD AVENUE, 2ND FLOOR, GREENWICH CT 06830
Sb Management Ltd 10 percent owner 9TH FLOOR, AL SILA TOWER, ADGM SQUARE, AL MARYAH ISLAND, ABU DHABI C0 NA
Riaz Valani director, 10 percent owner C/O OUSTER, INC., 350 TREAT AVENUE, SAN FRANCISCO CA 94110
Kevin J Ryan officer: Chief Financial Officer C/O WESLEY JESSEN VISIONCARE INC, 333 EAST HOWARD AVE, DES PLAINES IL 60018-5903
Vishal Garg director, 10 percent owner, officer: Chief Executive Officer C/O MRU HOLDINGS, INC., 1114 AVENUE OF THE AMERICAS, NEW YORK NY 10036
J. Calamari Nicholas officer: CAO and Senior Counsel 450 PARK AVE, STE. 2702, NEW YORK NY 10022
Activant Ventures Iii, Lp director, 10 percent owner 323 RAILROAD AVENUE, 2ND FLOOR, GREENWICH CT 06830
Activant Ventures Iii Opportunities Fund 1, Lp director, 10 percent owner 323 RAILROAD AVENUE, 2ND FLOOR, GREENWICH CT 06830
Activant Ventures Iii Opportunities Fund 2, Lp director, 10 percent owner 323 RAILROAD AVENUE, 2ND FLOOR, GREENWICH CT 06830
Activant Ventures Iii Opportunities Fund 3, Lp director, 10 percent owner 323 RAILROAD AVE., 2ND FLOOR, GREENWICH CT 06830
Activant Ventures Iii Opportunities Fund 4, Lp director, 10 percent owner 323 RAILROAD AVENUE, 2ND FLOOR, GREENWICH CT 06830
Softbank Group Corp 10 percent owner 1-7-1 KAIGAN, MINATO-KU, TOKYO M0 105-7537
Paula Tuffin officer: General Counsel and CCO 3 WORLD TRADE CENTER, 175 GREENWICH ST 57TH FLOOR, NEW YORK NY 10007
Svf Ii Beaver (de) Llc 10 percent owner 300 EL CAMINO REAL, MENLO PARK CA 94025
1/0 Mortgage Investment, Llc other: Shareholder 60 EAST 42ND STREET, SUITE 3014, NEW YORK NY 10165