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Argo Opportunity (TSXV:AROC.P) EV-to-EBIT : -2.68 (As of May. 20, 2024)


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What is Argo Opportunity EV-to-EBIT?

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Argo Opportunity's Enterprise Value is C$0.19 Mil. Argo Opportunity's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 was C$-0.07 Mil. Therefore, Argo Opportunity's EV-to-EBIT for today is -2.68.

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

TSXV:AROC.P' s EV-to-EBIT Range Over the Past 10 Years
Min: -4.21   Med: 0   Max: 0
Current: -2.68

TSXV:AROC.P's EV-to-EBIT is ranked worse than
100% of 175 companies
in the Diversified Financial Services industry
Industry Median: 8.87 vs TSXV:AROC.P: -2.68

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Argo Opportunity's Enterprise Value for the quarter that ended in Mar. 2024 was C$0.16 Mil. Argo Opportunity's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 was C$-0.07 Mil. Argo Opportunity's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was -44.60%.


Argo Opportunity EV-to-EBIT Historical Data

The historical data trend for Argo Opportunity'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.

Argo Opportunity EV-to-EBIT Chart

Argo Opportunity Annual Data
Trend Dec21 Dec22 Dec23
EV-to-EBIT
- - -5.10

Argo Opportunity Quarterly Data
Jul21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
EV-to-EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only - - -2.56 -5.10 -2.24

Competitive Comparison of Argo Opportunity's EV-to-EBIT

For the Shell Companies subindustry, Argo Opportunity'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.


Argo Opportunity's EV-to-EBIT Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Argo Opportunity's EV-to-EBIT distribution charts can be found below:

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



Argo Opportunity EV-to-EBIT Calculation

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

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=0.190/-0.071
=-2.68

Argo Opportunity's current Enterprise Value is C$0.19 Mil.
Argo Opportunity's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was C$-0.07 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.


Argo Opportunity  (TSXV:AROC.P) 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) %.

Argo Opportunity'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 )
=-0.071/0.1591935
=-44.60 %

Argo Opportunity's Enterprise Value for the quarter that ended in Mar. 2024 was C$0.16 Mil.
Argo Opportunity's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was C$-0.07 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.


Argo Opportunity EV-to-EBIT Related Terms

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


Argo Opportunity (TSXV:AROC.P) Business Description

Traded in Other Exchanges
N/A
Address
Stn Terminal,, P.O. Box 3566,, Vancouver,, BC, CAN, V6B 3Y6
Website
Argo Opportunity Corp is a capital pool company.

Argo Opportunity (TSXV:AROC.P) Headlines

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