NorAm Drilling AS (FRA:TM9) EV-to-EBIT : 10.14 (As of Jun. 25, 2024)

NorAm Drilling AS EV-to-EBIT Chart

NorAm Drilling AS Quarterly Data
	Dec19	Dec20	Jun21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
EV-to-EBIT	Get a 7-Day Free Trial								10.59	6.00	6.50	6.86	9.62

Competitive Comparison of NorAm Drilling AS's EV-to-EBIT

For the Oil & Gas Equipment & Services subindustry, NorAm Drilling AS'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.

NorAm Drilling AS's EV-to-EBIT Distribution in the Oil & Gas Industry

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

* The bar in red indicates where NorAm Drilling AS's EV-to-EBIT falls into.

NorAm Drilling AS EV-to-EBIT Calculation

NorAm Drilling AS's EV-to-EBIT for today is calculated as:

NorAm Drilling AS's current Enterprise Value is €136.3 Mil.
NorAm Drilling AS's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was €13.4 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.

NorAm Drilling AS  (FRA:TM9) 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) %.

NorAm Drilling AS's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 is calculated as:

NorAm Drilling AS's Enterprise Value for the quarter that ended in Mar. 2024 was €127.7 Mil.
NorAm Drilling AS's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was €13.4 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.

NorAm Drilling AS EV-to-EBIT Related Terms

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NorAm Drilling AS (FRA:TM9) Business Description