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New Jersey Resources (New Jersey Resources) EV-to-EBIT : 19.20 (As of Apr. 28, 2024)


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What is New Jersey Resources EV-to-EBIT?

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, New Jersey Resources's Enterprise Value is $7,639 Mil. New Jersey Resources's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was $398 Mil. Therefore, New Jersey Resources's EV-to-EBIT for today is 19.20.

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

NJR' s EV-to-EBIT Range Over the Past 10 Years
Min: 9.54   Med: 20.88   Max: 48.43
Current: 19.2

During the past 13 years, the highest EV-to-EBIT of New Jersey Resources was 48.43. The lowest was 9.54. And the median was 20.88.

NJR's EV-to-EBIT is ranked worse than
70.66% of 467 companies
in the Utilities - Regulated industry
Industry Median: 13.06 vs NJR: 19.20

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. New Jersey Resources's Enterprise Value for the quarter that ended in Dec. 2023 was $7,756 Mil. New Jersey Resources's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was $398 Mil. New Jersey Resources's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 5.13%.


New Jersey Resources EV-to-EBIT Historical Data

The historical data trend for New Jersey 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.

New Jersey Resources EV-to-EBIT Chart

New Jersey Resources Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
EV-to-EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 32.14 19.74 19.44 15.98 16.75

New Jersey 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 18.37 17.48 17.34 16.75 19.50

Competitive Comparison of New Jersey Resources's EV-to-EBIT

For the Utilities - Regulated Gas subindustry, New Jersey 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.


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

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

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



New Jersey Resources EV-to-EBIT Calculation

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

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=7638.657/397.799
=19.20

New Jersey Resources's current Enterprise Value is $7,639 Mil.
New Jersey 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 $398 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.


New Jersey Resources  (NYSE:NJR) 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) %.

New Jersey 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 )
=397.799/7756.040534
=5.13 %

New Jersey Resources's Enterprise Value for the quarter that ended in Dec. 2023 was $7,756 Mil.
New Jersey 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 $398 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.


New Jersey Resources EV-to-EBIT Related Terms

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


New Jersey Resources (New Jersey Resources) Business Description

Traded in Other Exchanges
Address
1415 Wyckoff Road, Wall, NJ, USA, 07719
New Jersey Resources is an energy services holding company with regulated and nonregulated operations. Its regulated utility, New Jersey Natural Gas, delivers natural gas to more than 575,000 customers in the state. NJR's nonregulated businesses include solar investments primarily in New Jersey and investments in several large midstream natural gas projects.
Executives
Patrick J. Migliaccio officer: Senior VP and CFO 1415 WYCKOFF ROAD, WALL NJ 07719
Peter C Harvey director C/O NEW JERSEY RESOURCES CORPORATION, 1415 WYCKOFF ROAD, WALL NJ 07719
Stephen D Westhoven officer: Senior V.P., Subsidiary 1415 WYCKOFF ROAD, WALL NJ 07719
Stephen Skrocki officer: Corporate Controller and PAO C/O NEW JERSEY RESOURCES CORPORATION, 1415 WYCKOFF ROAD, WALL NJ 07719
Lori Delgiudice officer: SVP, Human Resources C/O NEW JERSEY RESOURCES CORPORATION, 1415 WYCKOFF ROAD, WALL NJ 07719
Michael A O'sullivan director C/O NEW JERSEY RESOURCES CORPORATION, 1415 WYCKOFF ROAD, WALL NJ 07719
Roberto Bel officer: SVP and CFO C/O NEW JERSEY RESOURCES CORPORATION, 1415 WYCKOFF ROAD, WALL NJ 07719
Degraffenreidt James H Jr director 1100 H ST NW, WASHINGTON DC 20080
Richard Reich officer: SVP, Gen Counsel and Corp Sec C/O NEW JERSEY RESOURCES CORPORATION, 1415 WYCKOFF ROAD, WALL NJ 07719
Timothy F. Shea officer: Vice President, Subsidiary C/O NEW JERSEY RESOURCES CORPORATION, 1415 WYCKOFF ROAD, WALL NJ 07719
Howard M William Jr director C/O NEW JERSEY RESOURCES CORPORATION, 1415 WYCKOFF ROAD, WALL NJ 07719
M Susan Hardwick director C/O AMERICAN WATER WORKS COMPANY, INC., 1 WATER STREET, CAMDEN NJ 08102-1658
Donald L Correll director C/O INTERCHANGE FINANCIAL SERVICES CORP, PARK 80 W PLAZA TWO, SADDLE BROOK NJ 07663
Amy Cradic officer: SVP & COO Non-Utility Business C/O NEW JERSEY RESOURCES CORPORATION, 1415 WYCKOFF ROAD, WALL NJ 07719
Craig A Lynch officer: SVP, Subsidiary C/O NEW JERSEY RESOURCES CORPORATION, 1415 WYCKOFF ROAD, WALL NJ 07719