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Nitches (Nitches) EV-to-EBIT : -1.06 (As of May. 11, 2024)


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What is Nitches EV-to-EBIT?

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Nitches's Enterprise Value is $0.59 Mil. Nitches's EBIT for the trailing twelve months (TTM) ended in Feb. 2024 was $-0.55 Mil. Therefore, Nitches's EV-to-EBIT for today is -1.06.

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

NICH' s EV-to-EBIT Range Over the Past 10 Years
Min: -11.24   Med: 0   Max: 7
Current: -1.06

During the past 13 years, the highest EV-to-EBIT of Nitches was 7.00. The lowest was -11.24. And the median was 0.00.

NICH's EV-to-EBIT is ranked worse than
100% of 811 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 14.82 vs NICH: -1.06

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Nitches's Enterprise Value for the quarter that ended in Feb. 2024 was $0.68 Mil. Nitches's EBIT for the trailing twelve months (TTM) ended in Feb. 2024 was $-0.55 Mil. Nitches's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Feb. 2024 was -81.37%.


Nitches EV-to-EBIT Historical Data

The historical data trend for Nitches'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.

Nitches EV-to-EBIT Chart

Nitches Annual Data
Trend Aug00 Aug01 Aug02 Aug03 Aug04 Aug05 Aug06 Aug07 Aug22 Aug23
EV-to-EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only -2.39 18.89 -68.33 -4.36 -2.96

Nitches Quarterly Data
Nov05 Feb06 May06 Aug06 Nov06 Feb07 May07 Aug07 Nov07 Feb08 May08 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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 Premium Member Only Premium Member Only Premium Member Only -6.96 -9.90 -2.96 -17.31 -1.23

Competitive Comparison of Nitches's EV-to-EBIT

For the Apparel Manufacturing subindustry, Nitches'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.


Nitches's EV-to-EBIT Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Nitches's EV-to-EBIT distribution charts can be found below:

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



Nitches EV-to-EBIT Calculation

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

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=0.588/-0.553
=-1.06

Nitches's current Enterprise Value is $0.59 Mil.
Nitches's EBIT for the trailing twelve months (TTM) ended in Feb. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.55 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.


Nitches  (OTCPK:NICH) 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) %.

Nitches's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Feb. 2024 is calculated as:

Earnings Yield (Joel Greenblatt) % (Q: Feb. 2024 ) =EBIT / Enterprise Value (Q: Feb. 2024 )
=-0.553/0.679608
=-81.37 %

Nitches's Enterprise Value for the quarter that ended in Feb. 2024 was $0.68 Mil.
Nitches's EBIT for the trailing twelve months (TTM) ended in Feb. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.55 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.


Nitches EV-to-EBIT Related Terms

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


Nitches (Nitches) Business Description

Traded in Other Exchanges
N/A
Address
1333 N Buffalo Drive, Unit 210, Las Vegas, NV, USA, 89128
Nitches Inc is focused on distribution and production of household, lifestyle, travel & leisure, and sports goods and clothing, with a long-term objective of bringing sustainable business practices to the supply chain for these products. The company is in the business of wholesale manufactured goods and white-labels them under the brand names of their Social Media Partners and also distributes them in an online department store, where its social media partners can sell their respective white labeled merchandise to their audience.
Executives
T. Jefferson Straub director C/O NITCHES, INC., 10280 CAMINO SANTA FE, SAN DIEGO CA 92121
Eitan X. Haber officer: COO & Senior VP C/O NITCHES, INC., 10280 CAMINO SANTA FE, SAN DIEGO CA 92121
Haresh Tharani 10 percent owner 1400 BROADWAY, 33RD FLOOR, NEW YORK NY 10018
Paul M Wyandt director, officer: President & COO 10445 ABALONE LANDING, SAN DIEGO CA 92130
Price Eugene B Ii director
Michael D Sholtis director 10280 CAMINO SANTA FE, SAN DIEGO CA 92121