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Source Energy Services (TSX:SHLE) EV-to-EBIT : 2.28 (As of May. 19, 2024)


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What is Source Energy Services EV-to-EBIT?

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Source Energy Services's Enterprise Value is C$410.3 Mil. Source Energy Services's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 was C$179.7 Mil. Therefore, Source Energy Services's EV-to-EBIT for today is 2.28.

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

TSX:SHLE' s EV-to-EBIT Range Over the Past 10 Years
Min: -64.54   Med: 8   Max: 72.34
Current: 2.28

During the past 10 years, the highest EV-to-EBIT of Source Energy Services was 72.34. The lowest was -64.54. And the median was 8.00.

TSX:SHLE's EV-to-EBIT is ranked better than
92.58% of 741 companies
in the Oil & Gas industry
Industry Median: 9.19 vs TSX:SHLE: 2.28

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Source Energy Services's Enterprise Value for the quarter that ended in Mar. 2024 was C$441.5 Mil. Source Energy Services's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 was C$179.7 Mil. Source Energy Services's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 40.72%.


Source Energy Services EV-to-EBIT Historical Data

The historical data trend for Source Energy Services'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.

Source Energy Services EV-to-EBIT Chart

Source Energy Services Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EV-to-EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only -2.91 -1.69 46.16 11.51 1.64

Source Energy Services 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 7.30 7.60 8.41 1.64 2.46

Competitive Comparison of Source Energy Services's EV-to-EBIT

For the Oil & Gas Equipment & Services subindustry, Source Energy Services'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.


Source Energy Services's EV-to-EBIT Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Source Energy Services's EV-to-EBIT distribution charts can be found below:

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



Source Energy Services EV-to-EBIT Calculation

Source Energy Services's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=410.297/179.746
=2.28

Source Energy Services's current Enterprise Value is C$410.3 Mil.
Source Energy Services'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 C$179.7 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.


Source Energy Services  (TSX:SHLE) 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) %.

Source Energy Services'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 )
=179.746/441.451184
=40.72 %

Source Energy Services's Enterprise Value for the quarter that ended in Mar. 2024 was C$441.5 Mil.
Source Energy Services'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 C$179.7 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.


Source Energy Services EV-to-EBIT Related Terms

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


Source Energy Services (TSX:SHLE) Business Description

Traded in Other Exchanges
Address
500, 1060 - 7th Street SW, Calgary, AB, CAN, T2R 0C4
Source Energy Services Ltd is a Canada based company engaged in the integrated production and distribution of frac sand as well as the distribution of other bulk oil and gas well completion materials that aren't produced by Source. It provides customers with an end-to-end solution for frac sand supported by its Wisconsin mines and processing facilities, its Western Canadian terminal network and its last mile logistics capabilities. The company also offers storage and logistics services for other bulk oil and gas well completion materials and has developed Sahara, a proprietary wellsite mobile sand storage and handling system. The geographical segments of the group are the US Operations and Canadian Operations.
Executives
Derren James Newell Senior Officer

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