BusinessWire:

“The enterprise value (EV) to the earnings before interest, taxes, depreciation, and amortization (EBITDA) ratio varies by industry. However, the EV/EBITDA for the S&P 500 has typically averaged from 11 to 14 over the last few years.1 EBITDA measures a firm’s overall financial performance, while EV determines the firm’s total value.”

Indie Semi just saying that it will work on its own FMCW LiDAR, already enjoys almost $1.4B post-transaction valuation in another SPAC merger deal.

Credit:

  1. https://www.investopedia.com/ask/answers/072715/what-considered-healthy-evebitda.asp

Get the Medium app

A button that says 'Download on the App Store', and if clicked it will lead you to the iOS App store
A button that says 'Get it on, Google Play', and if clicked it will lead you to the Google Play store