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Forza Petroleum (TSX:FORZ) EV-to-EBITDA : -0.07 (As of May. 23, 2024)


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What is Forza Petroleum EV-to-EBITDA?

EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, Forza Petroleum's enterprise value is C$-2.4 Mil. Forza Petroleum's EBITDA for the trailing twelve months (TTM) ended in Sep. 2023 was C$36.2 Mil. Therefore, Forza Petroleum's EV-to-EBITDA for today is -0.07.

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

TSX:FORZ' s EV-to-EBITDA Range Over the Past 10 Years
Min: -42.75   Med: -0.35   Max: 2.73
Current: -0.07

During the past 11 years, the highest EV-to-EBITDA of Forza Petroleum was 2.73. The lowest was -42.75. And the median was -0.35.

TSX:FORZ's EV-to-EBITDA is not ranked
in the Oil & Gas industry.
Industry Median: 6.21 vs TSX:FORZ: -0.07

EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio to determine the fair market value of a company.

As of today (2024-05-23), Forza Petroleum's stock price is C$0.15. Forza Petroleum's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Sep. 2023 was C$-0.788. Therefore, Forza Petroleum's PE Ratio for today is At Loss.

The "classic" EV-to-EBITDA is much better in capturing debt and net cash than the PE Ratio.


Forza Petroleum EV-to-EBITDA Historical Data

The historical data trend for Forza Petroleum's EV-to-EBITDA 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.

Forza Petroleum EV-to-EBITDA Chart

Forza Petroleum Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
EV-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.89 -6.86 -0.27 0.61 0.09

Forza Petroleum Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
EV-to-EBITDA 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 0.16 0.09 0.01 -0.30 -0.99

Competitive Comparison of Forza Petroleum's EV-to-EBITDA

For the Oil & Gas E&P subindustry, Forza Petroleum's EV-to-EBITDA, along with its competitors' market caps and EV-to-EBITDA 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.


Forza Petroleum's EV-to-EBITDA Distribution in the Oil & Gas Industry

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

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



Forza Petroleum EV-to-EBITDA Calculation

Forza Petroleum's EV-to-EBITDA for today is calculated as:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA (TTM)
=-2.398/36.185
=-0.07

Forza Petroleum's current Enterprise Value is C$-2.4 Mil.
Forza Petroleum's EBITDA for the trailing twelve months (TTM) ended in Sep. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was C$36.2 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.


Forza Petroleum  (TSX:FORZ) EV-to-EBITDA Explanation

EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio to determine the fair market value of a company.

Forza Petroleum's PE Ratio for today is calculated as:

PE Ratio=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=0.15/-0.788
=At Loss

Forza Petroleum's share price for today is C$0.15.
Forza Petroleum's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Sep. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was C$-0.788.

* 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.

Study has found that the companies with the lowest EV-to-EBITDA outperforms companies measured as cheap by other ratios such as PE Ratio.

Please read Which price ratio outperforms the enterprise multiple?


Forza Petroleum EV-to-EBITDA Related Terms

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


Forza Petroleum (TSX:FORZ) Business Description

Traded in Other Exchanges
Address
7th Avenue SW, 3400 First Canadian Centre 350, Calgary, AB, CAN, T2P 3N9
Forza Petroleum Ltd is engaged in the acquisition and development of exploration and production assets to produce hydrocarbons and to increase oil and gas reserves. The company holds interests in and operates the Hawler license area in the Kurdistan Region of Iraq.
Executives
Yann Hervé Didier Marie Chiffoleau Senior Officer