GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » 88 Energy Ltd (ASX:88E) » Definitions » EV-to-EBITDA

88 Energy (ASX:88E) EV-to-EBITDA : -20.05 (As of May. 25, 2024)


View and export this data going back to 2000. Start your Free Trial

What is 88 Energy EV-to-EBITDA?

EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, 88 Energy's enterprise value is A$68.50 Mil. 88 Energy's EBITDA for the trailing twelve months (TTM) ended in Jun. 2023 was A$-3.42 Mil. Therefore, 88 Energy's EV-to-EBITDA for today is -20.05.

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

ASX:88E' s EV-to-EBITDA Range Over the Past 10 Years
Min: -46.15   Med: 0   Max: 0
Current: -20.05

ASX:88E's EV-to-EBITDA is ranked worse than
100% of 786 companies
in the Oil & Gas industry
Industry Median: 6.18 vs ASX:88E: -20.05

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 (2024-05-25), 88 Energy's stock price is A$0.003. 88 Energy's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2023 was A$-0.001. Therefore, 88 Energy's PE Ratio for today is At Loss.

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


88 Energy EV-to-EBITDA Historical Data

The historical data trend for 88 Energy'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.

88 Energy EV-to-EBITDA Chart

88 Energy 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 -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-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 -278.38 - -2.64 - -7.28

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

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


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

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

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



88 Energy EV-to-EBITDA Calculation

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

EV-to-EBITDA=Enterprise Value (Today)/EBITDA (TTM)
=68.495/-3.417
=-20.05

88 Energy's current Enterprise Value is A$68.50 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. 88 Energy's EBITDA for the trailing twelve months (TTM) ended in Jun. 2023 was A$-3.42 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  (ASX:88E) 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.

88 Energy's PE Ratio for today is calculated as:

PE Ratio=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=0.003/-0.001
=At Loss

88 Energy's share price for today is A$0.003.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. 88 Energy's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2023 was A$-0.001.

* 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?


88 Energy EV-to-EBITDA Related Terms

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


88 Energy (ASX: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.

88 Energy (ASX:88E) Headlines

No Headlines