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Teekay Tankers (Teekay Tankers) EV-to-EBITDA : 2.84 (As of Apr. 27, 2024)


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What is Teekay Tankers EV-to-EBITDA?

EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, Teekay Tankers's enterprise value is $1,842 Mil. Teekay Tankers's EBITDA for the trailing twelve months (TTM) ended in Dec. 2023 was $648 Mil. Therefore, Teekay Tankers's EV-to-EBITDA for today is 2.84.

The historical rank and industry rank for Teekay Tankers's EV-to-EBITDA or its related term are showing as below:

TNK' s EV-to-EBITDA Range Over the Past 10 Years
Min: -13.17   Med: 7.09   Max: 33.56
Current: 2.84

During the past 13 years, the highest EV-to-EBITDA of Teekay Tankers was 33.56. The lowest was -13.17. And the median was 7.09.

TNK's EV-to-EBITDA is ranked better than
81.6% of 788 companies
in the Oil & Gas industry
Industry Median: 6.035 vs TNK: 2.84

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 (2024-04-27), Teekay Tankers's stock price is $58.66. Teekay Tankers's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2023 was $14.860. Therefore, Teekay Tankers's PE Ratio for today is 3.95.

The "classic" EV-to-EBITDA is much better in capturing debt and net cash than the PE Ratio.


Teekay Tankers EV-to-EBITDA Historical Data

The historical data trend for Teekay Tankers'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.

* Premium members only.

Teekay Tankers EV-to-EBITDA Chart

Teekay Tankers Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EV-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.02 3.38 -9.42 3.96 2.40

Teekay Tankers Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
EV-to-EBITDA 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 3.96 3.14 2.09 2.07 2.40

Competitive Comparison of Teekay Tankers's EV-to-EBITDA

For the Oil & Gas Midstream subindustry, Teekay Tankers'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.


Teekay Tankers's EV-to-EBITDA Distribution in the Oil & Gas Industry

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

* The bar in red indicates where Teekay Tankers's EV-to-EBITDA falls into.



Teekay Tankers EV-to-EBITDA Calculation

Teekay Tankers's EV-to-EBITDA for today is calculated as:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA (TTM)
=1842.060/648.42
=2.84

Teekay Tankers's current Enterprise Value is $1,842 Mil.
Teekay Tankers'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 $648 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.


Teekay Tankers  (NYSE:TNK) 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.

Teekay Tankers's PE Ratio for today is calculated as:

PE Ratio=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=58.66/14.860
=3.95

Teekay Tankers's share price for today is $58.66.
Teekay Tankers'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 $14.860.

* 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.

Please read Which price ratio outperforms the enterprise multiple?


Teekay Tankers EV-to-EBITDA Related Terms

Thank you for viewing the detailed overview of Teekay Tankers's EV-to-EBITDA provided by GuruFocus.com. Please click on the following links to see related term pages.


Teekay Tankers (Teekay Tankers) Business Description

Traded in Other Exchanges
Address
69 Pitts Bay Road, 4th Floor, Belvedere Building, Hamilton, BMU, HM 08
Teekay Tankers Ltd is a provider of marine services to the global oil and natural gas industries and an operator of medium-sized oil tankers. The company operates in two segments: tanker and ship-to-ship transfer. The vast majority of its revenue comes from the tanker segment, which consists of crude oil and product tankers for different contracts.

Teekay Tankers (Teekay Tankers) Headlines

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