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Africa Oil (Africa Oil) EV-to-EBIT : 6.03 (As of May. 06, 2024)


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What is Africa Oil EV-to-EBIT?

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Africa Oil's Enterprise Value is $570.95 Mil. Africa Oil's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was $94.70 Mil. Therefore, Africa Oil's EV-to-EBIT for today is 6.03.

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

AOIFF' s EV-to-EBIT Range Over the Past 10 Years
Min: -446.42   Med: 0   Max: 1763.02
Current: 6.03

During the past 13 years, the highest EV-to-EBIT of Africa Oil was 1763.02. The lowest was -446.42. And the median was 0.00.

AOIFF's EV-to-EBIT is ranked better than
67.43% of 740 companies
in the Oil & Gas industry
Industry Median: 8.655 vs AOIFF: 6.03

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Africa Oil's Enterprise Value for the quarter that ended in Dec. 2023 was $635.37 Mil. Africa Oil's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was $94.70 Mil. Africa Oil's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 14.90%.


Africa Oil EV-to-EBIT Historical Data

The historical data trend for Africa Oil'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.

Africa Oil EV-to-EBIT Chart

Africa Oil 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 -0.60 44.25 2.90 -11.42 6.64

Africa Oil 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 -11.42 -10.56 40.55 -371.33 6.64

Competitive Comparison of Africa Oil's EV-to-EBIT

For the Oil & Gas E&P subindustry, Africa Oil'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.


Africa Oil's EV-to-EBIT Distribution in the Oil & Gas Industry

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

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



Africa Oil EV-to-EBIT Calculation

Africa Oil's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=570.954/94.7
=6.03

Africa Oil's current Enterprise Value is $570.95 Mil.
Africa Oil'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 $94.70 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.


Africa Oil  (OTCPK:AOIFF) 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) %.

Africa Oil'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 )
=94.7/635.36584
=14.90 %

Africa Oil's Enterprise Value for the quarter that ended in Dec. 2023 was $635.37 Mil.
Africa Oil'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 $94.70 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.


Africa Oil EV-to-EBIT Related Terms

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Africa Oil (Africa Oil) Business Description

Traded in Other Exchanges
Address
885 West Georgia Street, Suite 2000, Vancouver, BC, CAN, V6C 3E8
Africa Oil Corp is an international oil and gas exploration company. It is an exploration stage enterprise that participates in oil and gas projects located in emerging markets, in sub-Saharan Africa. The company operates in the business segment of international oil and gas exploration, and geographically, it operates in Kenya and Ethiopia.

Africa Oil (Africa Oil) Headlines

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