EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, Innovative Eyewear's enterprise value is $-0.28 Mil.
Innovative Eyewear's EBITDA for the trailing twelve months (TTM) ended in Mar. 2024 was $-7.10 Mil. Therefore, Innovative Eyewear's EV-to-EBITDA for today is 0.04.
The historical rank and industry rank for Innovative Eyewear's EV-to-EBITDA or its related term are showing as below:
LUCY'
s EV-to-EBITDA Range Over the Past 10 Years
Min: -6.47 Med: -0.17 Max: 0.42
Current: 0.04
During the past 5 years, the highest EV-to-EBITDA of Innovative Eyewear was 0.42. The lowest was -6.47. And the median was -0.17.
LUCY's EV-to-EBITDA is ranked better than 98.77% of 486
companies
in the Medical Devices & Instruments industry
Industry Median: 16.14
vs LUCY: 0.04
EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio to determine the fair market value of a company.
The "classic" EV-to-EBITDA is much better in capturing debt and net cash than the PE Ratio.
Innovative Eyewear EV-to-EBITDA Historical Data
The historical data trend for Innovative Eyewear's EV-to-EBITDA 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.
Competitive Comparison of Innovative Eyewear's EV-to-EBITDA
For the Medical Instruments & Supplies subindustry, Innovative Eyewear's EV-to-EBITDA, along with its competitors' market caps and EV-to-EBITDA 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.
Innovative Eyewear's EV-to-EBITDA Distribution in the Medical Devices & Instruments Industry
For the Medical Devices & Instruments industry and Healthcare sector, Innovative Eyewear's EV-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Innovative Eyewear's EV-to-EBITDA falls into.
Innovative Eyewear's current Enterprise Value is $-0.28 Mil.
Innovative Eyewear's EBITDA 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 $-7.10 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.
EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio to determine the fair market value of a company.
Innovative Eyewear's PE Ratio for today is calculated as:
Innovative Eyewear's share price for today is $0.983.
Innovative Eyewear's Earnings per Share (Diluted) 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 $-0.610.
* 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.
Study has found that the companies with the lowest EV-to-EBITDA outperforms companies measured as cheap by other ratios such as PE Ratio.
Thank you for viewing the detailed overview of Innovative Eyewear's EV-to-EBITDA provided by GuruFocus.com. Please click on the following links to see related term pages.
Innovative Eyewear (Innovative Eyewear) Business Description
Innovative Eyewear Inc is engaged in developing and selling eyeglasses and sunglasses, which are designed to allow customers to remain connected to their digital lives, while also offering prescription eyewear and sun protection. Its products Lucyd Lyte glasses enable the wearer to listen to music, take and make calls, and use voice assistants to perform many common smartphone tasks hands-free.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
LUCY has been successfully added to your 