GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Tamarack Valley Energy Ltd (TSX:TVE) » Definitions » EV-to-EBIT

Tamarack Valley Energy (TSX:TVE) EV-to-EBIT : 9.41 (As of Apr. 30, 2024)


View and export this data going back to 2002. Start your Free Trial

What is Tamarack Valley Energy EV-to-EBIT?

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Tamarack Valley Energy's Enterprise Value is C$2,233 Mil. Tamarack Valley Energy's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was C$237 Mil. Therefore, Tamarack Valley Energy's EV-to-EBIT for today is 9.41.

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

TSX:TVE' s EV-to-EBIT Range Over the Past 10 Years
Min: -393.13   Med: 3.56   Max: 252.42
Current: 9.41

During the past 13 years, the highest EV-to-EBIT of Tamarack Valley Energy was 252.42. The lowest was -393.13. And the median was 3.56.

TSX:TVE's EV-to-EBIT is ranked worse than
58.07% of 737 companies
in the Oil & Gas industry
Industry Median: 8.58 vs TSX:TVE: 9.41

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Tamarack Valley Energy's Enterprise Value for the quarter that ended in Dec. 2023 was C$2,652 Mil. Tamarack Valley Energy's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was C$237 Mil. Tamarack Valley Energy's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 8.95%.


Tamarack Valley Energy EV-to-EBIT Historical Data

The historical data trend for Tamarack Valley 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.

Tamarack Valley Energy EV-to-EBIT Chart

Tamarack Valley 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 -14.80 -1.43 3.80 7.51 11.18

Tamarack Valley Energy Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 7.51 7.27 9.16 16.54 11.18

Competitive Comparison of Tamarack Valley Energy's EV-to-EBIT

For the Oil & Gas E&P subindustry, Tamarack Valley 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.


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

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

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



Tamarack Valley Energy EV-to-EBIT Calculation

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

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=2233.248/237.246
=9.41

Tamarack Valley Energy's current Enterprise Value is C$2,233 Mil.
Tamarack Valley Energy's EBIT 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 C$237 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.


Tamarack Valley Energy  (TSX:TVE) 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) %.

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

Earnings Yield (Joel Greenblatt) % (Q: Dec. 2023 ) =EBIT / Enterprise Value (Q: Dec. 2023 )
=237.246/2651.63481
=8.95 %

Tamarack Valley Energy's Enterprise Value for the quarter that ended in Dec. 2023 was C$2,652 Mil.
Tamarack Valley Energy's EBIT 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 C$237 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.


Tamarack Valley Energy EV-to-EBIT Related Terms

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


Tamarack Valley Energy (TSX:TVE) Business Description

Traded in Other Exchanges
Address
308 4th Avenue SW, Suite 3300, Calgary, AB, CAN, T2P 0H7
Tamarack Valley Energy Ltd is engaged in the exploration, development, and production of oil and natural gas. Its target is drilling and acquisition of repeatable and predictable long-life resource plays in the Western Canadian Sedimentary Basin. Its oil & gas properties include Cardium Oil, Viking Oil, and Penny Barons Oil.
Executives
Christine Ezinga Senior Officer

Tamarack Valley Energy (TSX:TVE) Headlines

From GuruFocus

TVA Reports Fiscal Year 2022 Financial Results

By PRNewswire PRNewswire 11-15-2022

TVA Reports First Quarter Fiscal Year 2023 Financial Results

By PRNewswire PRNewswire 01-31-2023

TVA To Discuss Fiscal Year 2022 Financial Results

By PRNewswire PRNewswire 11-08-2022