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Artesian Resources (Artesian Resources) EV-to-EBIT : 16.55 (As of Apr. 27, 2024)


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What is Artesian Resources EV-to-EBIT?

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Artesian Resources's Enterprise Value is $532.79 Mil. Artesian Resources's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was $32.20 Mil. Therefore, Artesian Resources's EV-to-EBIT for today is 16.55.

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

ARTNA' s EV-to-EBIT Range Over the Past 10 Years
Min: 11.82   Med: 17.08   Max: 24.16
Current: 16.55

During the past 13 years, the highest EV-to-EBIT of Artesian Resources was 24.16. The lowest was 11.82. And the median was 17.08.

ARTNA's EV-to-EBIT is ranked worse than
62.53% of 467 companies
in the Utilities - Regulated industry
Industry Median: 13.05 vs ARTNA: 16.55

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Artesian Resources's Enterprise Value for the quarter that ended in Dec. 2023 was $604.89 Mil. Artesian Resources's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was $32.20 Mil. Artesian Resources's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 5.32%.


Artesian Resources EV-to-EBIT Historical Data

The historical data trend for Artesian Resources'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.

Artesian Resources EV-to-EBIT Chart

Artesian Resources 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 18.39 17.21 20.16 23.28 18.78

Artesian Resources Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 23.28 22.69 20.89 19.60 18.78

Competitive Comparison of Artesian Resources's EV-to-EBIT

For the Utilities - Regulated Water subindustry, Artesian Resources'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.


Artesian Resources's EV-to-EBIT Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Artesian Resources's EV-to-EBIT distribution charts can be found below:

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



Artesian Resources EV-to-EBIT Calculation

Artesian Resources's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=532.791/32.202
=16.55

Artesian Resources's current Enterprise Value is $532.79 Mil.
Artesian Resources's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $32.20 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.


Artesian Resources  (NAS:ARTNA) 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) %.

Artesian Resources's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 is calculated as:

Earnings Yield (Joel Greenblatt) % (Q: Dec. 2023 ) =EBIT / Enterprise Value (Q: Dec. 2023 )
=32.202/604.88641
=5.32 %

Artesian Resources's Enterprise Value for the quarter that ended in Dec. 2023 was $604.89 Mil.
Artesian Resources's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $32.20 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.


Artesian Resources EV-to-EBIT Related Terms

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


Artesian Resources (Artesian Resources) Business Description

Traded in Other Exchanges
Address
664 Churchmans Road, Newark, DE, USA, 19702
Artesian Resources Corp operates as the holding company of eight wholly-owned subsidiaries offering water, wastewater, and other services on the Delmarva Peninsula. It distributes and sells water, including water for public and private fire protection, to residential, commercial, industrial, municipal, and utility customers in the states of Delaware, Maryland, and Pennsylvania. The company is focusing on a wide spectrum of activities, which include identifying new and dependable sources of water supply; developing wells, treatment plants and delivery systems to get water to customers.
Executives
Nicholle Renee Taylor director, officer: Director / Vice President 664 CHURCHMANS ROAD, NEWARK DE 19702
John M Thaeder officer: Senior VP of Operations
Emerson Courtney A officer: Gen Counsel & Asst Secretary 107 DODGE DRIVE, SMYRNA DE 19977
Dian C Taylor director, officer: C.E.O. President
Kenneth R Biederman director
Raymond T. Kelly officer: VP of Information Technology 15 GABRIELLE CIRCLE, SWEDESBORO NJ 08085
Daniel Konstanski officer: Vice President of Engineering 607 S CLAYTON STREET, WILMINGTON DE 19805
Eisenbrey John R Jr director
Pierre A Anderson officer: VP of Information Technology 664 CHURCHMANS ROAD, NEWARK DE 19702
William C Wyer director
Michael Houghton director 212 CLOVER DRIVE, HOCKESSIN DE 19707
Karl G. Randall officer: Asst Secretary and Gen Counsel 664 CHURCHMANS ROAD, NEWARK DE 19702
Schreppler John J Ii officer: VP and General Counsel
Joseph A Dinunzio officer: Exec VP / Corp Secretary 664 CHURCHMANS ROAD, NEWARK DE 19702
David B Spacht officer: CFO and Treasurer