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Permex Petroleum (XCNQ:OIL) EV-to-EBIT : -0.40 (As of May. 20, 2024)


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What is Permex Petroleum EV-to-EBIT?

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Permex Petroleum's Enterprise Value is C$2.29 Mil. Permex Petroleum's EBIT for the trailing twelve months (TTM) ended in Jun. 2023 was C$-5.72 Mil. Therefore, Permex Petroleum's EV-to-EBIT for today is -0.40.

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

XCNQ:OIL' s EV-to-EBIT Range Over the Past 10 Years
Min: -13.3   Med: -2.52   Max: -0.19
Current: -0.4

During the past 6 years, the highest EV-to-EBIT of Permex Petroleum was -0.19. The lowest was -13.30. And the median was -2.52.

XCNQ:OIL's EV-to-EBIT is ranked worse than
100% of 738 companies
in the Oil & Gas industry
Industry Median: 9.18 vs XCNQ:OIL: -0.40

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Permex Petroleum's Enterprise Value for the quarter that ended in Jun. 2023 was C$5.18 Mil. Permex Petroleum's EBIT for the trailing twelve months (TTM) ended in Jun. 2023 was C$-5.72 Mil. Permex Petroleum's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2023 was -110.56%.


Permex Petroleum EV-to-EBIT Historical Data

The historical data trend for Permex Petroleum'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.

Permex Petroleum EV-to-EBIT Chart

Permex Petroleum Annual Data
Trend Sep17 Sep18 Sep19 Sep20 Sep21 Sep22
EV-to-EBIT
Get a 7-Day Free Trial -4.54 -2.21 -1.40 -5.40 -3.09

Permex Petroleum Quarterly Data
Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23
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 -3.62 -3.09 -0.62 -1.75 -0.90

Competitive Comparison of Permex Petroleum's EV-to-EBIT

For the Oil & Gas E&P subindustry, Permex Petroleum'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.


Permex Petroleum's EV-to-EBIT Distribution in the Oil & Gas Industry

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

* The bar in red indicates where Permex Petroleum's EV-to-EBIT falls into.



Permex Petroleum EV-to-EBIT Calculation

Permex Petroleum's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=2.288/-5.723
=-0.40

Permex Petroleum's current Enterprise Value is C$2.29 Mil.
Permex Petroleum's EBIT for the trailing twelve months (TTM) ended in Jun. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was C$-5.72 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.


Permex Petroleum  (XCNQ:OIL) 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) %.

Permex Petroleum's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2023 is calculated as:

Earnings Yield (Joel Greenblatt) % (Q: Jun. 2023 ) =EBIT / Enterprise Value (Q: Jun. 2023 )
=-5.723/5.1762
=-110.56 %

Permex Petroleum's Enterprise Value for the quarter that ended in Jun. 2023 was C$5.18 Mil.
Permex Petroleum's EBIT for the trailing twelve months (TTM) ended in Jun. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was C$-5.72 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.


Permex Petroleum EV-to-EBIT Related Terms

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


Permex Petroleum (XCNQ:OIL) Business Description

Traded in Other Exchanges
Address
666 Burrard Street, Suite 500, Vancouver, BC, CAN, V6C 2X8
Permex Petroleum Corp is a junior oil and gas company with assets and operations across the Permian Basin of West Texas and the Delaware SubBasin of New Mexico. The company through its wholly-owned subsidiary, Permex Petroleum US Corporation owns and operates on private, state, and federal land. The company has a single reportable segment i.e. acquisition, development, and production of oil and gas properties in the United States.
Executives
Mehran Ehsan Director, Senior Officer

Permex Petroleum (XCNQ:OIL) Headlines

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