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Meta Materials (Meta Materials) EV-to-EBIT : -0.04 (As of May. 13, 2024)


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What is Meta Materials EV-to-EBIT?

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Meta Materials's Enterprise Value is $15.15 Mil. Meta Materials's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was $-401.15 Mil. Therefore, Meta Materials's EV-to-EBIT for today is -0.04.

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

MMAT' s EV-to-EBIT Range Over the Past 10 Years
Min: -21.71   Med: -2.93   Max: -0.03
Current: -0.04

During the past 5 years, the highest EV-to-EBIT of Meta Materials was -0.03. The lowest was -21.71. And the median was -2.93.

MMAT's EV-to-EBIT is ranked worse than
100% of 1703 companies
in the Hardware industry
Industry Median: 16.29 vs MMAT: -0.04

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Meta Materials's Enterprise Value for the quarter that ended in Dec. 2023 was $38.78 Mil. Meta Materials's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was $-401.15 Mil. Meta Materials's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was -1,034.44%.


Meta Materials EV-to-EBIT Historical Data

The historical data trend for Meta Materials'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.

Meta Materials EV-to-EBIT Chart

Meta Materials Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
EV-to-EBIT
- - -7.25 -5.07 -0.10

Meta Materials Quarterly Data
Dec19 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 -5.07 -1.86 -0.27 -0.31 -0.10

Competitive Comparison of Meta Materials's EV-to-EBIT

For the Electronic Components subindustry, Meta Materials'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.


Meta Materials's EV-to-EBIT Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Meta Materials's EV-to-EBIT distribution charts can be found below:

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



Meta Materials EV-to-EBIT Calculation

Meta Materials's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=15.153/-401.147
=-0.04

Meta Materials's current Enterprise Value is $15.15 Mil.
Meta Materials'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 $-401.15 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.


Meta Materials  (NAS:MMAT) 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) %.

Meta Materials'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 )
=-401.147/38.779304
=-1,034.44 %

Meta Materials's Enterprise Value for the quarter that ended in Dec. 2023 was $38.78 Mil.
Meta Materials'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 $-401.15 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.


Meta Materials EV-to-EBIT Related Terms

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


Meta Materials (Meta Materials) Business Description

Traded in Other Exchanges
Address
60 Highfield Park Drive, Dartmouth, NS, CAN, B3A 4R9
Meta Materials Inc delivers previously unachievable performance, across a range of applications, by inventing, designing, developing, and manufacturing sustainable, highly functional materials. Its extensive technology platform enables global brands to deliver breakthrough products to their customers in consumer electronics, 5G communications, health and wellness, aerospace, automotive, and clean energy. Its products include NANOWEB, which is a transparent conductive film; holoOPTIX; ARfusion; metaAIR; and glucoWISE.
Executives
Jennifer K. Cheraso officer: Chief Human Resources Officer C/O ARRAY TECHNOLOGIES, INC., 3901 MIDWAY PLACE NE, ALBUQUERQUE NM 87109
James Macmillan Fusaro director, officer: Chief Executive Officer 1900 S. PRICE ROAD, CHANDLER AZ 85248
Philippe Morali director 400 N. MCCARTHY BLVD., MILPITAS CA 94089
Georgios Palikaras director, 10 percent owner, officer: See Remarks C/O META MATERIALS INC., 1 RESEARCH DRIVE, DARTMOUTH A5 BY2 4M9
David Daniel Eaton officer: Chief Legal Officer 1706 PASEO DE PERALTA, SANTA FE NM 87501
Uzi Sasson officer: See Remarks 2041 LANDINGS DRIVE, MOUNTAIN VIEW CA 94043
Vyomesh Joshi director 17343 VIA DEL CAMPO, SAN DIEGO CA 92127
Eugenia Corrales director C/O SHORETEL, INC., 960 STEWART DRIVE, SUNNYVALE CA 94085
Jonathan Waldern officer: Chief Technical Officer C/O META MATERIALS INC., 1 RESEARCH DRIVE, DARTMOUTH A5 B2Y 4M9
Rice Kenneth L Jr officer: See Remarks C/O 85 MAIN STREET, HOPKINTON MA 01748
Thomas Gordon Welch 10 percent owner 47 PLEASANT STREET, PO BOX 40, CHESTER A5 B0J 1J0
John R Harding director C/O MARIMBA INC, 440 CLYDE AVENUE, MOUNTAINVIEW CA 94043
Steen Karsbo director C/O META MATERIALS INC., 1 RESEARCH DRIVE, DARTMOUTH A5 B2Y 4M9
Michael James Graves director 5700 PLANO PARKWAY, SUITE 3600, PLANO TX 75093
Anne Barber Lambert 10 percent owner 47 PLEASANT STREET, PO BOX 40, CHESTER A5 B0J 1J0