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Tsakos Energy Navigation (Tsakos Energy Navigation) EV-to-EBIT

: 3.98 (As of Today)
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EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Tsakos Energy Navigation's Enterprise Value is $1,889.9 Mil. Tsakos Energy Navigation's EBIT for the trailing twelve months (TTM) ended in Sep. 2023 was $475.2 Mil. Therefore, Tsakos Energy Navigation's EV-to-EBIT for today is 3.98.

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

TNP' s EV-to-EBIT Range Over the Past 10 Years
Min: -648.6   Med: 21.02   Max: 1363.72
Current: 3.98

During the past 13 years, the highest EV-to-EBIT of Tsakos Energy Navigation was 1363.72. The lowest was -648.60. And the median was 21.02.

TNP's EV-to-EBIT is ranked better than
79.86% of 735 companies
in the Oil & Gas industry
Industry Median: 8.47 vs TNP: 3.98

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Tsakos Energy Navigation's Enterprise Value for the quarter that ended in Sep. 2023 was $1,779.2 Mil. Tsakos Energy Navigation's EBIT for the trailing twelve months (TTM) ended in Sep. 2023 was $475.2 Mil. Tsakos Energy Navigation's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2023 was 26.71%.


Tsakos Energy Navigation EV-to-EBIT Historical Data

The historical data trend for Tsakos Energy Navigation'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.

Tsakos Energy Navigation Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
EV-to-EBIT
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -56.83 22.00 20.81 -14.20 7.31

Tsakos Energy Navigation Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
EV-to-EBIT 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 Premium Member Only Premium Member Only Premium Member Only 35.52 7.31 3.62 3.39 3.74

Competitive Comparison

For the Oil & Gas Midstream subindustry, Tsakos Energy Navigation'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.


Tsakos Energy Navigation EV-to-EBIT Distribution

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

* The bar in red indicates where Tsakos Energy Navigation's EV-to-EBIT falls into.



Tsakos Energy Navigation EV-to-EBIT Calculation

Tsakos Energy Navigation's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=1889.877/475.187
=3.98

Tsakos Energy Navigation's current Enterprise Value is $1,889.9 Mil.
Tsakos Energy Navigation's EBIT for the trailing twelve months (TTM) ended in Sep. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $475.2 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.


Tsakos Energy Navigation  (NYSE:TNP) 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) %.

Tsakos Energy Navigation's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2023 is calculated as:

Earnings Yield (Joel Greenblatt) % (Q: Sep. 2023 ) =EBIT / Enterprise Value (Q: Sep. 2023 )
=475.187/1779.231368
=26.71 %

Tsakos Energy Navigation's Enterprise Value for the quarter that ended in Sep. 2023 was $1,779.2 Mil.
Tsakos Energy Navigation's EBIT for the trailing twelve months (TTM) ended in Sep. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $475.2 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.


Tsakos Energy Navigation EV-to-EBIT Related Terms

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Tsakos Energy Navigation (Tsakos Energy Navigation) Business Description

Traded in Other Exchanges
Address
367 Syngrou Avenue, Ktirio Macedonia, P.O Box 79141, Palaio Faliro, Athens, GRC, 175 64
Tsakos Energy Navigation Ltd is a seaborne transportation service provider for crude oil and petroleum products. The company's carriers cater to national and international independent oil companies and refiners. It generates revenue through charter contracts with its clients, which include time, bareboat, and voyage charters, contracts of affreightment, and pool arrangements.