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FTC Solar (FTC Solar) EV-to-EBIT : -0.82 (As of May. 09, 2024)


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What is FTC Solar EV-to-EBIT?

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, FTC Solar's Enterprise Value is $41.2 Mil. FTC Solar's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was $-50.4 Mil. Therefore, FTC Solar's EV-to-EBIT for today is -0.82.

The historical rank and industry rank for FTC Solar's EV-to-EBIT or its related term are showing as below:

FTCI' s EV-to-EBIT Range Over the Past 10 Years
Min: -42.83   Med: -2.79   Max: -0.4
Current: -0.82

During the past 5 years, the highest EV-to-EBIT of FTC Solar was -0.40. The lowest was -42.83. And the median was -2.79.

FTCI's EV-to-EBIT is ranked worse than
100% of 667 companies
in the Semiconductors industry
Industry Median: 24.14 vs FTCI: -0.82

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. FTC Solar's Enterprise Value for the quarter that ended in Dec. 2023 was $63.5 Mil. FTC Solar's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was $-50.4 Mil. FTC Solar's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was -79.28%.


FTC Solar EV-to-EBIT Historical Data

The historical data trend for FTC Solar'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.

FTC Solar EV-to-EBIT Chart

FTC Solar Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
EV-to-EBIT
- - -5.68 -2.43 -1.26

FTC Solar Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
EV-to-EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -2.43 -2.54 -4.64 -2.22 -1.26

Competitive Comparison of FTC Solar's EV-to-EBIT

For the Solar subindustry, FTC Solar'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.


FTC Solar's EV-to-EBIT Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, FTC Solar's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where FTC Solar's EV-to-EBIT falls into.



FTC Solar EV-to-EBIT Calculation

FTC Solar's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=41.193/-50.375
=-0.82

FTC Solar's current Enterprise Value is $41.2 Mil.
FTC Solar's EBIT 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 $-50.4 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.


FTC Solar  (NAS:FTCI) 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) %.

FTC Solar's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 is calculated as:

Earnings Yield (Joel Greenblatt) % (Q: Dec. 2023 ) =EBIT / Enterprise Value (Q: Dec. 2023 )
=-50.375/63.537296
=-79.28 %

FTC Solar's Enterprise Value for the quarter that ended in Dec. 2023 was $63.5 Mil.
FTC Solar's EBIT 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 $-50.4 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.


FTC Solar EV-to-EBIT Related Terms

Thank you for viewing the detailed overview of FTC Solar's EV-to-EBIT provided by GuruFocus.com. Please click on the following links to see related term pages.


FTC Solar (FTC Solar) Business Description

Traded in Other Exchanges
Address
9020 N Capital of Texas Highway, Building 1, Suite 260, Austin, TX, USA, 78759
FTC Solar Inc is a global provider of advanced solar tracker systems, supported by proprietary software and value-added engineering services. It focuses on providing differentiated products, software and services that maximize energy generation and cost savings for customers, and to help facilitate the continued growth and adoption of solar power globally.
Executives
Robert Phelps Morris officer: CHIEF FINANCIAL OFFICER C/O FTC SOLAR, INC., 9020 N CAPITAL OF TEXAS HWY, SUITE I-250, AUSTIN TX 78759
Ahmad R Chatila director 3901 NO. FIRST STREET, SAN JOSE CA 95134
Shaker Sadasivam director P O BOX 8, SAINT PETERS MO 63376
William A Priddy director C/O RF MICRO DEVICES, INC., 7628 THORNDIKE ROAD, GREENSBORO NC 27409
Cathy Behnen officer: CHIEF ACCOUNTING OFFICER 9020 N CAPITAL OF TEXAS HWY, SUITE I-260, AUSTIN TX 78759
Sasan Aminpour officer: Chief Operating Officer C/O FTC SOLAR, INC., 9020 N CAPITAL OF TEXAS HWY, SUITE I-260, AUSTIN TX 78759
Arc Family Trust 10 percent owner 9020 N CAPITAL OF TEXAS HWY, SUITE I-260, AUSTIN TX 78759
Kristian Nolde officer: VP, MARKETING AND STRATEGY 9020 N CAPITAL OF TEXAS HWY, SUITE I-260, AUSTIN TX 78759
Patrick Cook officer: CHIEF FINANCIAL OFFICER 9020 N CAPITAL OF TEXAS HWY, SUITE I-260, AUSTIN TX 78759
Tamara Mullings director C/O FTC SOLAR, INC., 9020 N CAPITAL OF TEXAS HWY, SUITE I-260, AUSTIN TX 78759
David Springer director, 10 percent owner 2718 LOYAGA DRIVE, ROUND ROCK TX 78681
Nagendra Cherukupalli officer: CHIEF TECHNOLOGY OFFICER 9020 N CAPITAL OF TEXAS HWY, SUITE I-260, AUSTIN TX 78759
Sean Hunkler director, officer: PRESIDENT AND CEO C/O WESTERN DIGITAL CORPORATION, 5601 GREAT OAKS PARKWAY, SAN JOSE CA 95119
Thurman J Rodgers director 535 EASTVIEW WAY, WOODSIDE CA 94062
South Cone Investments Limited Partnership 10 percent owner AVENIDA PRESIDENTE RIESCO 5711 OFICINA 1, LAS CONDES, SANTIAGO F3 7550000