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Western Energy Services (TSX:WRG) EV-to-EBIT : -248.28 (As of May. 27, 2024)


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What is Western Energy Services EV-to-EBIT?

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Western Energy Services's Enterprise Value is C$204.6 Mil. Western Energy Services's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 was C$-0.8 Mil. Therefore, Western Energy Services's EV-to-EBIT for today is -248.28.

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

TSX:WRG' s EV-to-EBIT Range Over the Past 10 Years
Min: -252.96   Med: -2.84   Max: 79.02
Current: -248.28

During the past 13 years, the highest EV-to-EBIT of Western Energy Services was 79.02. The lowest was -252.96. And the median was -2.84.

TSX:WRG's EV-to-EBIT is ranked worse than
100% of 738 companies
in the Oil & Gas industry
Industry Median: 9.07 vs TSX:WRG: -248.28

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Western Energy Services's Enterprise Value for the quarter that ended in Mar. 2024 was C$206.7 Mil. Western Energy Services's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 was C$-0.8 Mil. Western Energy Services's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was -0.40%.


Western Energy Services EV-to-EBIT Historical Data

The historical data trend for Western Energy Services'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.

Western Energy Services EV-to-EBIT Chart

Western Energy Services 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 -2.74 -7.00 -13.22 5.15 66.76

Western Energy Services Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 4.19 33.86 83.42 66.76 -250.90

Competitive Comparison of Western Energy Services's EV-to-EBIT

For the Oil & Gas Drilling subindustry, Western Energy Services'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.


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

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

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



Western Energy Services EV-to-EBIT Calculation

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

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=204.581/-0.824
=-248.28

Western Energy Services's current Enterprise Value is C$204.6 Mil.
Western Energy Services's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was C$-0.8 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.


Western Energy Services  (TSX:WRG) 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) %.

Western Energy Services's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 is calculated as:

Earnings Yield (Joel Greenblatt) % (Q: Mar. 2024 ) =EBIT / Enterprise Value (Q: Mar. 2024 )
=-0.824/206.74525
=-0.40 %

Western Energy Services's Enterprise Value for the quarter that ended in Mar. 2024 was C$206.7 Mil.
Western Energy Services's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was C$-0.8 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.


Western Energy Services EV-to-EBIT Related Terms

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


Western Energy Services (TSX:WRG) Business Description

Traded in Other Exchanges
Address
215 - 9th Avenue SW, Suite 1700, Calgary, AB, CAN, T2P 1K3
Western Energy Services Corp operates as an oilfield service industry in Canada and the United States of America. The company functions its drilling services through two segments namely, Contract drilling and Production services. Its contract drilling segment is involved in drilling rigs with ancillary equipment as well as provides such services to crude oil and natural gas exploration and production companies. The production service segment includes well servicing rigs and related equipment, and oilfield rental equipment. It generates revenue mainly through its Contract drilling operation segment.
Executives
Sime Armoyan 10% Security Holder
Tomer Cohen Director

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