TraceSafe EV/EBIT
What is the EV/EBIT of TraceSafe?
The EV/EBIT of TraceSafe Inc. is N/A
What is the definition of EV/EBIT?
Enterprise value to earnings before interest and taxes (EV/EBIT) is a financial ratio used to measure if a stock is priced appropriately to similar stocks and the market. It is similar to the P/E ratio.
ttm (trailing twelve months)
The EV/EBIT ratio addresses some of the shortcomings of the P/E ratio. Instead of taking market capitalization, the ratio uses enterprise value, as it takes into account the true value of the company. Enterprise value includes both equity and debt. It is calculated as:
Enterprise value = market cap + total debt – cash and cash equivalents
The EV/EBIT ratio is useful in comparing peers within the wider market. A high EV/EBIT ratio indicates that a company’s stock is overvalued. On the opposite, a low EV/EBIT ratio indicates that a company’s stock is undervalued. The lower the ratio, the more financially stable a company should be. However, investors and analyst should use other ratios and information to get a full picture of a company’s financial state and actual value.
EV/EBIT of companies in the Technology sector on OTC compared to TraceSafe
What does TraceSafe do?
TraceSafe Inc. provides a suite of real-time location management services and contact tracing solutions enabled through Bluetooth beacons and enterprise cloud management in the British Virgin Islands, Japan, and internationally. Its cloud management solution ensures user privacy and administrative control. The company's patented contact tracing bracelet deploys in mission-critical quarantine applications in partnership with governments. It also engages in the development of solutions for enterprise, healthcare, education, government, and large-scale venue management. The company was formerly known as Blockchain Holdings Ltd. and changed its name to TraceSafe Inc. in June 2020. TraceSafe Inc. is headquartered in Road Town, the British Virgin Islands.
Companies with ev/ebit similar to TraceSafe
- Tellurian Inc has EV/EBIT of N/A
- Otonomy Inc has EV/EBIT of N/A
- MYOS RENS Technology has EV/EBIT of N/A
- Gayatri Projects has EV/EBIT of N/A
- Openn Negotiation Ltd has EV/EBIT of N/A
- Tengasco has EV/EBIT of N/A
- TraceSafe has EV/EBIT of N/A
- Kaili Resources has EV/EBIT of N/A
- Torchlight Resources Inc has EV/EBIT of N/A
- Mkango Resources has EV/EBIT of N/A
- Echo Plc has EV/EBIT of N/A
- Ascletis Pharma Inc has EV/EBIT of N/A
- TherapeuticsMD Inc has EV/EBIT of N/A