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Essential Energy Services (TSX:ESN) Enterprise Value : C$61.9 Mil (As of May. 17, 2024)


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What is Essential Energy Services Enterprise Value?

Think of Enterprise Value as the theoretical takeover price. It is more comprehensive than market capitalization (Market Cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Essential Energy Services's Enterprise Value is C$61.9 Mil. Essential Energy Services's EBIT for the trailing twelve months (TTM) ended in Jun. 2023 was C$1.9 Mil. Therefore, Essential Energy Services's EV-to-EBIT ratio for today is 31.85.

EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, Essential Energy Services's Enterprise Value is C$61.9 Mil. Essential Energy Services's EBITDA for the trailing twelve months (TTM) ended in Jun. 2023 was C$18.6 Mil. Therefore, Essential Energy Services's EV-to-EBITDA ratio for today is 3.33.

EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, Essential Energy Services's Enterprise Value is C$61.9 Mil. Essential Energy Services's Revenue for the trailing twelve months (TTM) ended in Jun. 2023 was C$158.1 Mil. Therefore, Essential Energy Services's EV-to-Revenue ratio for today is 0.39.


Essential Energy Services Enterprise Value Historical Data

The historical data trend for Essential Energy Services's Enterprise Value 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.

Essential Energy Services Enterprise Value Chart

Essential Energy Services Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Enterprise Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only 67.37 75.69 36.36 60.40 60.01

Essential Energy Services Quarterly Data
Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23
Enterprise Value 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 63.85 58.62 60.01 53.77 57.57

Competitive Comparison of Essential Energy Services's Enterprise Value

For the Oil & Gas Equipment & Services subindustry, Essential Energy Services's Enterprise Value, along with its competitors' market caps and Enterprise Value 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.


Essential Energy Services's Enterprise Value Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Essential Energy Services's Enterprise Value distribution charts can be found below:

* The bar in red indicates where Essential Energy Services's Enterprise Value falls into.



Essential Energy Services Enterprise Value Calculation

Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.

Essential Energy Services's Enterprise Value for the fiscal year that ended in Dec. 2022 is calculated as

Essential Energy Services's Enterprise Value for the quarter that ended in Jun. 2023 is calculated as

* 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.


Essential Energy Services  (TSX:ESN) Enterprise Value Explanation

When an investor buy a company, the investor needs to pay not only the common shares, he/she also needs to pay the shareholders of Preferred Stocks. He also assumes the debt of the company, and receives the cash on the company's balance sheet.

If a company has more cash than debt, the investor actually pays less than the Market Cap because he immediately owns the cash once the transaction goes through.

The market value of Preferred Stock needs to be added to the market value of common stocks in the calculation of Enterprise Value.

For the companies with the same Market Cap, the smaller the Enterprise Value is, the cheaper the company is.

Enterprise Value can be negative when the company's net cash is more than its Market Cap. In this case the investor is basically getting the company for free and get paid for that.

1. EV-to-EBIT is calculated as Enterprise Value divided by its EBIT.

Essential Energy Services's EV-to-EBIT for today is

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=61.884/1.943
=31.85

Essential Energy Services's current Enterprise Value is C$61.9 Mil.
Essential Energy Services'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$1.9 Mil.

2. EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA.

Essential Energy Services's EV-to-EBITDA for today is:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA(TTM)
=61.884/18.584
=3.33

Essential Energy Services's current Enterprise Value is C$61.9 Mil.
Essential Energy Services's EBITDA 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$18.6 Mil.

3. EV-to-Revenue is calculated as Enterprise Value divided by its Revenue.

Essential Energy Services's EV-to-Revenue for today is:

EV-to-Revenue=Enterprise Value (Today)/Revenue (TTM)
=61.884/158.149
=0.39

Essential Energy Services's current Enterprise Value is C$61.9 Mil.
Essential Energy Services's Revenue 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$158.1 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.


Essential Energy Services Enterprise Value Related Terms

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Essential Energy Services (TSX:ESN) Business Description

Traded in Other Exchanges
N/A
Address
250 - 2nd Street SW, Suite 1100, Livingston Place West, Calgary, AB, CAN, T2P 0C1
Essential Energy Services Ltd provides oilfield services to oil and natural gas producers, primarily in Western Canada. It operates through two segments: The Essential Coil Well Service segment provides completion, production, and workover services with its fleet of coiled tubing rigs, fluid pumpers, nitrogen pumpers, and ancillary equipment. Tryton segment provides downhole tools and rental services in Canada and the U.S. The majority of revenue is from the ECWS segment.

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