Switch to:
Cimarex Energy Co (NYSE:XEC)
EV/EBIT
-9.19 (As of Today)

EV/EBIT ratio is calculated as enterprise value divided by its Earnings Before Interest and Taxes (EBIT). As of today, Cimarex Energy Co's enterprise value is $10,933 Mil. Cimarex Energy Co's earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2015 was $-1,190 Mil. Therefore, Cimarex Energy Co's EV/EBIT ratio for today is -9.19.

XEC' s 10-Year EV/EBIT Range
Min: -298.3   Max: 14.1
Current: 0

-298.3
14.1

During the past 13 years, the highest EV/EBIT Ratio of Cimarex Energy Co was 14.10. The lowest was -298.30. And the median was 8.00.

XEC's EV/EBITis ranked lower than
312% of the 191 Companies
in the Global Oil & Gas E&P industry.

( Industry Median: 10.95 vs. XEC: 0.00 )

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt). Cimarex Energy Co's enterprise value for the quarter that ended in Jun. 2015 was $11,063 Mil. Cimarex Energy Co's earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2015 was $-1,190 Mil. Cimarex Energy Co's Earnings Yield (Joel Greenblatt) for the quarter that ended in Jun. 2015 was -10.76%.


Definition

Cimarex Energy Co's EV/EBIT for today is calculated as:

EV/EBIT=Enterprise Value (Today)/Earnings Before Interest and Taxes (EBIT) (TTM)
=10933.178/-1190.045
=-9.19

Cimarex Energy Co's current Enterprise Value is $10,933 Mil.
Cimarex Energy Co's Earnings Before Interest and Taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2015 was 239.896 (Sep. 2014 ) + 131.444 (Dec. 2014 ) + -631.841 (Mar. 2015 ) + -929.544 (Jun. 2015 ) = $-1,190 Mil.

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.


Explanation

This is a more accurate valuation of companies' operation because it consider 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).

Cimarex Energy Co's Earnings Yield (Joel Greenblatt) for the quarter that ended in Jun. 2015 is calculated as:

Earnings Yield (Joel Greenblatt) (Q: Jun. 2015 )=EBIT (TTM)/Enterprise Value (Q: Jun. 2015 )
=-1190.045/11063.0026
=-10.76 %

Cimarex Energy Co's Enterprise Value for the quarter that ended in Jun. 2015 was $11,063 Mil.
Cimarex Energy Co's Earnings Before Interest and Taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2015 was 239.896 (Sep. 2014 ) + 131.444 (Dec. 2014 ) + -631.841 (Mar. 2015 ) + -929.544 (Jun. 2015 ) = $-1,190 Mil.

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.


Related Terms

Enterprise Value, Earnings Yield (Joel Greenblatt), Earnings Before Interest and Taxes (EBIT)


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.

Cimarex Energy Co Annual Data

Dec05Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14
ev2ebit 7.316.236.86-1.97-10.208.446.749.8810.9712.31

Cimarex Energy Co Quarterly Data

Mar13Jun13Sep13Dec13Mar14Jun14Sep14Dec14Mar15Jun15
ev2ebit 13.369.9012.3810.9711.4213.4711.5012.31-718.88-9.30
Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)

GuruFocus Premium Plus Membership

FEEDBACK