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New Fortress Energy (New Fortress Energy) EV-to-EBIT : 15.54 (As of Jun. 03, 2024)


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What is New Fortress Energy EV-to-EBIT?

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, New Fortress Energy's Enterprise Value is $12,782 Mil. New Fortress Energy's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 was $822 Mil. Therefore, New Fortress Energy's EV-to-EBIT for today is 15.54.

The historical rank and industry rank for New Fortress Energy's EV-to-EBIT or its related term are showing as below:

NFE' s EV-to-EBIT Range Over the Past 10 Years
Min: -56.8   Med: 15.83   Max: 657.68
Current: 15.54

During the past 8 years, the highest EV-to-EBIT of New Fortress Energy was 657.68. The lowest was -56.80. And the median was 15.83.

NFE's EV-to-EBIT is ranked worse than
57.57% of 469 companies
in the Utilities - Regulated industry
Industry Median: 13.12 vs NFE: 15.54

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. New Fortress Energy's Enterprise Value for the quarter that ended in Mar. 2024 was $13,984 Mil. New Fortress Energy's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 was $822 Mil. New Fortress Energy's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 5.88%.


New Fortress Energy EV-to-EBIT Historical Data

The historical data trend for New Fortress Energy's EV-to-EBIT 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.

* Premium members only.

New Fortress Energy EV-to-EBIT Chart

New Fortress Energy Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EV-to-EBIT
Get a 7-Day Free Trial -6.43 -48.46 36.45 46.07 16.34

New Fortress Energy Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
EV-to-EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 38.32 15.92 18.02 16.34 17.01

Competitive Comparison of New Fortress Energy's EV-to-EBIT

For the Utilities - Regulated Gas subindustry, New Fortress Energy's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT 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.


New Fortress Energy's EV-to-EBIT Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, New Fortress Energy's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where New Fortress Energy's EV-to-EBIT falls into.



New Fortress Energy EV-to-EBIT Calculation

New Fortress Energy's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=12781.693/822.241
=15.54

New Fortress Energy's current Enterprise Value is $12,782 Mil.
New Fortress Energy's EBIT 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 $822 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.


New Fortress Energy  (NAS:NFE) EV-to-EBIT Explanation

This is a more accurate valuation of companies' operation because it considers the debt and cash on its balance sheet, and non-operating items such as interest payment, tax, and one-time items are not included in the Operating Income.

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %.

New Fortress Energy's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 is calculated as:

Earnings Yield (Joel Greenblatt) % (Q: Mar. 2024 ) =EBIT / Enterprise Value (Q: Mar. 2024 )
=822.241/13983.89178
=5.88 %

New Fortress Energy's Enterprise Value for the quarter that ended in Mar. 2024 was $13,984 Mil.
New Fortress Energy's EBIT 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 $822 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.


New Fortress Energy EV-to-EBIT Related Terms

Thank you for viewing the detailed overview of New Fortress Energy's EV-to-EBIT provided by GuruFocus.com. Please click on the following links to see related term pages.


New Fortress Energy (New Fortress Energy) Business Description

Traded in Other Exchanges
Address
111 W. 19th Street, 8th Floor, New York, NY, USA, 10011
New Fortress Energy is an integrated gas-to-power company. Its business model spans the entire production and delivery chain from natural gas procurement and liquefaction to logistics, shipping, terminals, and conversion or development of a natural gas-fired generation. It has invested in floating, liquefied natural gas vessels to both lower the cost of acquiring gas while securing a long-term supply for its terminals. Its segments include terminals and infrastructure, or T&I, and ships.
Executives
Desmond Iain Catterall director C/O NEW FORTRESS ENERGY HOLDINGS, 111 WEST 19TH STREET 8TH FLOOR, NEW YORK NY 10011
Timothy W. Jay director 111 W 19TH STREET, 8TH FLOOR, NEW YORK NY 10011
Matthew Wilkinson director C/O NEW FORTRESS ENERGY HOLDINGS, 111 WEST 19TH STREET 8TH FLOOR, NEW YORK NY 10011
C. William Griffin director C/O NEW FORTRESS ENERGY HOLDINGS, 111 WEST 19TH STREET 8TH FLOOR, NEW YORK NY 10011
Katherine Wanner director C/O NEW FORTRESS ENERGY HOLDINGS, 111 WEST 19TH STREET 8TH FLOOR, NEW YORK NY 10011
Nfe Smrs Holdings Llc 10 percent owner 10 STATION PLACE, P.O. BOX 233, NORFOLK CT 06058
Yunyoung Shin officer: Chief Accounting Officer C/O NEW FORTRESS ENERGY, 111 WEST 19TH STREET, 8TH FLOOR, NEW YORK NY 10011
John J Mack director C/O MORGAN STANLEY 1585 BROADWAY, NEW YORK NY 10036
Lynn Edens 10 percent owner C/O FORTRESS INVESTMENT GROUP LLC, 1345 AVENUE OF THE AMERICAS, 46TH FLOOR, NEW YORK NY 10105
Edens Family Holdings Llc 10 percent owner C/O FORTRESS INVESTMENT GROUP LLC, 1345 AVENUE OF THE AMERICAS, 46TH FLOOR, NEW YORK NY 10105
Alexander Thomson 10 percent owner 10 STATION PLACE, P.O. BOX 233, NORFOLK CT 06058
Jonathan Rotolo 10 percent owner 10 STATION PLACE, P.O. BOX 233, NORFOLK CT 06058
Great Mountain Partners Llc 10 percent owner 157 CHURCH STREET, 20TH FLOOR, NEW HAVEN CT 06510
David J Grain director C/O MOTIENT CORPORATION, 300 KNIGHTSBRIDGE PARKWAY, LINCOLNSHIRE IL 60069
Wesley R Edens director, officer: Chief Executive Officer 1345 AVENUE OF THE AMERICAS, 45TH FLOOR, NEW YORK NY 10105