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Tallgrass Energy Partners LP (Tallgrass Energy Partners LP) EV-to-EBIT : 9.08 (As of May. 12, 2024)


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What is Tallgrass Energy Partners LP EV-to-EBIT?

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Tallgrass Energy Partners LP's Enterprise Value is $3,170.3 Mil. Tallgrass Energy Partners LP's EBIT for the trailing twelve months (TTM) ended in Mar. 2018 was $349.0 Mil. Therefore, Tallgrass Energy Partners LP's EV-to-EBIT for today is 9.08.

The historical rank and industry rank for Tallgrass Energy Partners LP's EV-to-EBIT or its related term are showing as below:

TEP's EV-to-EBIT is not ranked *
in the Oil & Gas industry.
Industry Median: 8.855
* Ranked among companies with meaningful EV-to-EBIT only.

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Tallgrass Energy Partners LP's Enterprise Value for the quarter that ended in Mar. 2018 was $5,138.8 Mil. Tallgrass Energy Partners LP's EBIT for the trailing twelve months (TTM) ended in Mar. 2018 was $349.0 Mil. Tallgrass Energy Partners LP's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2018 was 6.79%.


Tallgrass Energy Partners LP EV-to-EBIT Historical Data

The historical data trend for Tallgrass Energy Partners LP'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.

Tallgrass Energy Partners LP EV-to-EBIT Chart

Tallgrass Energy Partners LP Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17
EV-to-EBIT
Get a 7-Day Free Trial 41.68 65.64 17.41 18.04 18.71

Tallgrass Energy Partners LP Quarterly Data
Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18
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 19.91 19.56 18.78 18.71 14.73

Competitive Comparison of Tallgrass Energy Partners LP's EV-to-EBIT

For the Oil & Gas Midstream subindustry, Tallgrass Energy Partners LP'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.


Tallgrass Energy Partners LP's EV-to-EBIT Distribution in the Oil & Gas Industry

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

* The bar in red indicates where Tallgrass Energy Partners LP's EV-to-EBIT falls into.



Tallgrass Energy Partners LP EV-to-EBIT Calculation

Tallgrass Energy Partners LP's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=3170.280/348.985
=9.08

Tallgrass Energy Partners LP's current Enterprise Value is $3,170.3 Mil.
Tallgrass Energy Partners LP's EBIT for the trailing twelve months (TTM) ended in Mar. 2018 adds up the quarterly data reported by the company within the most recent 12 months, which was $349.0 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.


Tallgrass Energy Partners LP  (NYSE:TEP) 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) %.

Tallgrass Energy Partners LP's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2018 is calculated as:

Earnings Yield (Joel Greenblatt) % (Q: Mar. 2018 ) =EBIT / Enterprise Value (Q: Mar. 2018 )
=348.985/5138.801422
=6.79 %

Tallgrass Energy Partners LP's Enterprise Value for the quarter that ended in Mar. 2018 was $5,138.8 Mil.
Tallgrass Energy Partners LP's EBIT for the trailing twelve months (TTM) ended in Mar. 2018 adds up the quarterly data reported by the company within the most recent 12 months, which was $349.0 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.


Tallgrass Energy Partners LP EV-to-EBIT Related Terms

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Tallgrass Energy Partners LP (Tallgrass Energy Partners LP) Business Description

Traded in Other Exchanges
N/A
Address
Tallgrass Energy Partners is a young master limited partnership that focuses opportunistically on growth through acquisition and development of natural gas and crude oil transportation, as well as gathering and processing assets. Tallgrass operates and has participating interests in some of the more strategically important midstream assets in the Bakken and Rockies (for example, the REX and Pony Express lines).
Executives
Frank J Loverro director 320 PARK AVENUE, 24TH FLOOR, NEW YORK NY 10022
William R. Moler director, officer: See Remarks 4200 WEST 115TH STREET, SUITE 350, LEAWOOD KS 66211
Dehaemers David G Jr director, officer: See Remarks 4200 WEST 115TH STREET, SUITE 350, LEAWOOD KS 66211
Osborne Stanley De J director C/O KELSO AND COMPANY, 320 PARK AVENUE, 24TH FLOOR, NEW YORK NY 10022
John T Raymond director THE ENERGY & MINERALS GROUP, 811 MAIN STREET, SUITE 4200, HOUSTON TX 77002