Canoe EIT Income Fund EV/EBIT
Was ist das EV/EBIT von Canoe EIT Income Fund?
EV/EBIT von Canoe EIT Income Fund ist 3.81
Was ist die Definition von 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 von Unternehmen in Finance Sektor auf OTC im Vergleich zu Canoe EIT Income Fund
Was macht Canoe EIT Income Fund?
Canoe EIT Income Fund is a closed-ended balanced fund launched and managed by Canoe Financial LP. It is co-managed by Haber Trilix Advisors, LP. The fund invests in the public equity and fixed income markets of Canada and the United States. Its equity portion seeks to invest in the stocks of companies operating across diversified sectors. The fund primarily invests in growth and value stocks of mid-cap and large-cap companies. It invests in equity and debt securities of royalty and income trusts, corporations, partnerships, or other issuers. The fund was formerly known as EnerVest Diversified Income Trust. Canoe EIT Income Fund was formed on August 5, 1997 and is domiciled in Canada.
Unternehmen mit ev/ebit ähnlich Canoe EIT Income Fund
- Engineers India hat EV/EBIT von 3.78
- Revlon hat EV/EBIT von 3.78
- Acorn Income Fund hat EV/EBIT von 3.80
- Athene Ltd hat EV/EBIT von 3.80
- Himax Technologies hat EV/EBIT von 3.80
- Impala Platinum hat EV/EBIT von 3.81
- Canoe EIT Income Fund hat EV/EBIT von 3.81
- Gerdau S.A hat EV/EBIT von 3.82
- Gran Tierra hat EV/EBIT von 3.82
- Fortescue Metals hat EV/EBIT von 3.84
- G-III Apparel hat EV/EBIT von 3.84
- Hovnanian Enterprises hat EV/EBIT von 3.85
- CF Bankshares Inc hat EV/EBIT von 3.89