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Midwest Energy Emissions (TSXV:MEEC) EV-to-EBIT : 10.39 (As of Jun. 05, 2024)


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What is Midwest Energy Emissions EV-to-EBIT?

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Midwest Energy Emissions's Enterprise Value is C$90.85 Mil. Midwest Energy Emissions's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 was C$8.74 Mil. Therefore, Midwest Energy Emissions's EV-to-EBIT for today is 10.39.

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

TSXV:MEEC' s EV-to-EBIT Range Over the Past 10 Years
Min: -1387.55   Med: -11.7   Max: 130.73
Current: 10.13

During the past 13 years, the highest EV-to-EBIT of Midwest Energy Emissions was 130.73. The lowest was -1387.55. And the median was -11.70.

TSXV:MEEC's EV-to-EBIT is ranked better than
71.59% of 2365 companies
in the Industrial Products industry
Industry Median: 16.26 vs TSXV:MEEC: 10.13

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Midwest Energy Emissions's Enterprise Value for the quarter that ended in Mar. 2024 was C$113.00 Mil. Midwest Energy Emissions's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 was C$8.74 Mil. Midwest Energy Emissions's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 7.74%.


Midwest Energy Emissions EV-to-EBIT Historical Data

The historical data trend for Midwest Energy Emissions'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.

Midwest Energy Emissions EV-to-EBIT Chart

Midwest Energy Emissions 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 -7.17 -20.39 -80.47 4,716.78 9.94

Midwest Energy Emissions 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 -95.75 -35.72 -18.81 9.94 13.02

Competitive Comparison of Midwest Energy Emissions's EV-to-EBIT

For the Pollution & Treatment Controls subindustry, Midwest Energy Emissions'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.


Midwest Energy Emissions's EV-to-EBIT Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Midwest Energy Emissions's EV-to-EBIT distribution charts can be found below:

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



Midwest Energy Emissions EV-to-EBIT Calculation

Midwest Energy Emissions's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=90.853/8.743
=10.39

Midwest Energy Emissions's current Enterprise Value is C$90.85 Mil.
Midwest Energy Emissions'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$8.74 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.


Midwest Energy Emissions  (TSXV:MEEC) 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) %.

Midwest Energy Emissions'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 )
=8.743/113.000914
=7.74 %

Midwest Energy Emissions's Enterprise Value for the quarter that ended in Mar. 2024 was C$113.00 Mil.
Midwest Energy Emissions'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$8.74 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.


Midwest Energy Emissions EV-to-EBIT Related Terms

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


Midwest Energy Emissions (TSXV:MEEC) Business Description

Traded in Other Exchanges
Address
1810 Jester Drive, Corsicana, TX, USA, 75109
Midwest Energy Emissions Corp. is an environmental services company. The company specializes in mercury emission control technologies, primarily for utility and industrial coal-fired units. It aims to deliver cost-effective mercury capture technologies to coal-fired power plants in the United States, Europe, and Asia. The group develops and deploys technologies to remove mercury emissions from coal-fired power plants. The company's products include Oxidizers, sorbents, and Scrubber Additive SA2. Geographically, all the activities function through the region of the United States and it achieves revenues from product sales, equipment sales, and demonstration and consulting services.