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88 Energy (LSE:88E) EV-to-EBIT : -26.96 (As of May. 04, 2024)


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What is 88 Energy EV-to-EBIT?

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, 88 Energy's Enterprise Value is £51.03 Mil. 88 Energy's EBIT for the trailing twelve months (TTM) ended in Jun. 2023 was £-1.89 Mil. Therefore, 88 Energy's EV-to-EBIT for today is -26.96.

The historical rank and industry rank for 88 Energy's EV-to-EBIT or its related term are showing as below:

LSE:88E' s EV-to-EBIT Range Over the Past 10 Years
Min: -46.34   Med: 0   Max: 0
Current: -24.09

LSE:88E's EV-to-EBIT is ranked worse than
100% of 742 companies
in the Oil & Gas industry
Industry Median: 8.635 vs LSE:88E: -24.09

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. 88 Energy's Enterprise Value for the quarter that ended in Jun. 2023 was £0.00 Mil. 88 Energy's EBIT for the trailing twelve months (TTM) ended in Jun. 2023 was £-1.89 Mil. 88 Energy's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2023 was %.


88 Energy EV-to-EBIT Historical Data

The historical data trend for 88 Energy'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.

88 Energy EV-to-EBIT Chart

88 Energy Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EV-to-EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only -5.16 -5.68 -278.38 -2.64 -7.28

88 Energy Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
EV-to-EBIT 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 -278.38 - -2.64 - -7.28

Competitive Comparison of 88 Energy's EV-to-EBIT

For the Oil & Gas E&P subindustry, 88 Energy'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.


88 Energy's EV-to-EBIT Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, 88 Energy's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where 88 Energy's EV-to-EBIT falls into.



88 Energy EV-to-EBIT Calculation

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

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=51.030/-1.893
=-26.96

88 Energy's current Enterprise Value is £51.03 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. 88 Energy's EBIT for the trailing twelve months (TTM) ended in Jun. 2023 was £-1.89 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.


88 Energy  (LSE:88E) 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) %.

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

Earnings Yield (Joel Greenblatt) % (Q: Jun. 2023 ) =EBIT / Enterprise Value (Q: Jun. 2023 )
=-1.893/0
= %

88 Energy's Enterprise Value for the quarter that ended in Jun. 2023 was £0.00 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. 88 Energy's EBIT for the trailing twelve months (TTM) ended in Jun. 2023 was £-1.89 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.


88 Energy EV-to-EBIT Related Terms

Thank you for viewing the detailed overview of 88 Energy's EV-to-EBIT provided by GuruFocus.com. Please click on the following links to see related term pages.


88 Energy (LSE:88E) Business Description

Traded in Other Exchanges
Address
516 Hay Street, Ground Floor, Subiaco, WA, AUS, 6008
88 Energy Ltd is an upstream oil and gas operations company based in Australia. Its business involves exploring potential oil and natural gas and processing the acquired crude reserves. The company has oil and gas assets located across the United States and Australia. The value of its interests and operatorship in Alaska by far supersedes that of its Australian projects. The company's projects include Project Icewine, Yukon Gold Acreage, and Western Blocks. The company focuses on 1H 2016, which is a high resolution wide-azimuth three dimensional (3D) seismic acquisition. It also focuses on horizontal multi-stage frac and production test or vertical conventional test in its Icewine 2 project.

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