Touchpoint EV/EBIT
What is the EV/EBIT of Touchpoint?
The EV/EBIT of Touchpoint Group Holdings, 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 Communication Services sector on NYSE compared to Touchpoint
What does Touchpoint do?
Touchpoint Group Holdings, Inc., through its subsidiaries, operates as a software development company in the United States, Hong Kong, China, and the United Kingdom. The company engages in the software development, design, integration, support, and maintenance services of a robust fan engagement platform that enhances fan experience and drives commercial aspects of the sport and entertainment business. Its fan engagement platform also brings users closer to the action by enabling them to engage with clubs, favorite players, peers, and relevant brands through various features, including live streaming, access to limited edition merchandise, gamification, user rewards, third party branded offers, credit cards, and related benefits. The company was formerly known as One Horizon Group, Inc. and changed its name to Touchpoint Group Holdings, Inc. in September 2019. Touchpoint Group Holdings, Inc. was incorporated in 1972 and is based in Miami, Florida.
Companies with ev/ebit similar to Touchpoint
- QC Copper and Gold has EV/EBIT of N/A
- XAU Resources has EV/EBIT of N/A
- QUHUO Ltd has EV/EBIT of N/A
- Trillium Gold Mines has EV/EBIT of N/A
- Pixelworks Inc has EV/EBIT of N/A
- ThermoGenesis Inc has EV/EBIT of N/A
- Touchpoint has EV/EBIT of N/A
- Amati AIM VCT plc has EV/EBIT of N/A
- Lilis has EV/EBIT of N/A
- GoldHaven Resources has EV/EBIT of N/A
- Nanostring Technologies Inc has EV/EBIT of N/A
- NeuroVive Pharmaceutical AB has EV/EBIT of N/A
- CE Brands has EV/EBIT of N/A