EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, Ovintiv's enterprise value is $20,714 Mil.
Ovintiv's EBITDA for the trailing twelve months (TTM) ended in Dec. 2023 was $4,697 Mil. Therefore, Ovintiv's EV-to-EBITDA for today is 4.41.
The historical rank and industry rank for Ovintiv's EV-to-EBITDA or its related term are showing as below:
OVV'
s EV-to-EBITDA Range Over the Past 10 Years
Min: -49.03 Med: 4.15 Max: 78.31
Current: 4.41
During the past 13 years, the highest EV-to-EBITDA of Ovintiv was 78.31. The lowest was -49.03. And the median was 4.15.
OVV's EV-to-EBITDA is ranked better than 65.22% of 785
companies
in the Oil & Gas industry
Industry Median: 6.06
vs OVV: 4.41
EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio to determine the fair market value of a company.
As of today (2024-04-23), Ovintiv's stock price is $52.77.
Ovintiv's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2023 was $7.950. Therefore, Ovintiv's PE Ratio for today is 6.64.
The "classic" EV-to-EBITDA is much better in capturing debt and net cash than the PE Ratio.
Ovintiv EV-to-EBITDA Historical Data
The historical data trend for Ovintiv's EV-to-EBITDA 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.
For the Oil & Gas E&P subindustry, Ovintiv's EV-to-EBITDA, along with its competitors' market caps and EV-to-EBITDA 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.
Ovintiv EV-to-EBITDA Distribution
For the Oil & Gas industry and Energy sector, Ovintiv's EV-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Ovintiv's EV-to-EBITDA falls into.
Ovintiv EV-to-EBITDA Calculation
Ovintiv's EV-to-EBITDA for today is calculated as:
Ovintiv's current Enterprise Value is $20,714 Mil.
Ovintiv's EBITDA 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 $4,697 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.
Ovintiv (NYSE:OVV) EV-to-EBITDA Explanation
EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio to determine the fair market value of a company.
Ovintiv's share price for today is $52.77.
Ovintiv's Earnings per Share (Diluted) 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 $7.950.
* 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.
Study has found that the companies with the lowest EV-to-EBITDA outperforms companies measured as cheap by other ratios such as PE Ratio.
Thank you for viewing the detailed overview of Ovintiv's EV-to-EBITDA provided by GuruFocus.com. Please click on the following links to see related term pages.
Ovintiv is an independent oil and gas producer with key assets in the Permian, Eagle Ford, Montney, and Duvernay areas. At the end of 2019, the company reported net proven reserves of 1,348 million barrels of oil equivalent. Net production averaged 543 thousand barrels of oil equivalent per day in 2020 at a ratio of 53% oil and natural gas liquids and 47% natural gas.
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