GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Forza Petroleum Ltd (TSX:FORZ) » Definitions » Enterprise Value

Forza Petroleum (TSX:FORZ) Enterprise Value : C$-2.4 Mil (As of May. 25, 2024)


View and export this data going back to 2013. Start your Free Trial

What is Forza Petroleum Enterprise Value?

Think of Enterprise Value as the theoretical takeover price. It is more comprehensive than market capitalization (Market Cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Forza Petroleum's Enterprise Value is C$-2.4 Mil. Forza Petroleum's EBIT for the trailing twelve months (TTM) ended in Sep. 2023 was C$-2.2 Mil. Therefore, Forza Petroleum's EV-to-EBIT ratio for today is 1.10.

EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, Forza Petroleum's Enterprise Value is C$-2.4 Mil. Forza Petroleum's EBITDA for the trailing twelve months (TTM) ended in Sep. 2023 was C$36.2 Mil. Therefore, Forza Petroleum's EV-to-EBITDA ratio for today is -0.07.

EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, Forza Petroleum's Enterprise Value is C$-2.4 Mil. Forza Petroleum's Revenue for the trailing twelve months (TTM) ended in Sep. 2023 was C$164.8 Mil. Therefore, Forza Petroleum's EV-to-Revenue ratio for today is -0.01.


Forza Petroleum Enterprise Value Historical Data

The historical data trend for Forza Petroleum's Enterprise Value 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.

Forza Petroleum Enterprise Value Chart

Forza Petroleum Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Enterprise Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only 181.45 231.58 27.13 62.02 17.47

Forza Petroleum Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
Enterprise Value 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 30.49 17.47 2.15 -25.58 -35.84

Competitive Comparison of Forza Petroleum's Enterprise Value

For the Oil & Gas E&P subindustry, Forza Petroleum's Enterprise Value, along with its competitors' market caps and Enterprise Value 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.


Forza Petroleum's Enterprise Value Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Forza Petroleum's Enterprise Value distribution charts can be found below:

* The bar in red indicates where Forza Petroleum's Enterprise Value falls into.



Forza Petroleum Enterprise Value Calculation

Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.

Forza Petroleum's Enterprise Value for the fiscal year that ended in Dec. 2022 is calculated as

Forza Petroleum's Enterprise Value for the quarter that ended in Sep. 2023 is calculated as

* 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.


Forza Petroleum  (TSX:FORZ) Enterprise Value Explanation

When an investor buy a company, the investor needs to pay not only the common shares, he/she also needs to pay the shareholders of Preferred Stocks. He also assumes the debt of the company, and receives the cash on the company's balance sheet.

If a company has more cash than debt, the investor actually pays less than the Market Cap because he immediately owns the cash once the transaction goes through.

The market value of Preferred Stock needs to be added to the market value of common stocks in the calculation of Enterprise Value.

For the companies with the same Market Cap, the smaller the Enterprise Value is, the cheaper the company is.

Enterprise Value can be negative when the company's net cash is more than its Market Cap. In this case the investor is basically getting the company for free and get paid for that.

1. EV-to-EBIT is calculated as Enterprise Value divided by its EBIT.

Forza Petroleum's EV-to-EBIT for today is

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=-2.398/-2.181
=1.10

Forza Petroleum's current Enterprise Value is C$-2.4 Mil.
Forza Petroleum's EBIT for the trailing twelve months (TTM) ended in Sep. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was C$-2.2 Mil.

2. EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA.

Forza Petroleum's EV-to-EBITDA for today is:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA(TTM)
=-2.398/36.185
=-0.07

Forza Petroleum's current Enterprise Value is C$-2.4 Mil.
Forza Petroleum's EBITDA for the trailing twelve months (TTM) ended in Sep. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was C$36.2 Mil.

3. EV-to-Revenue is calculated as Enterprise Value divided by its Revenue.

Forza Petroleum's EV-to-Revenue for today is:

EV-to-Revenue=Enterprise Value (Today)/Revenue (TTM)
=-2.398/164.821
=-0.01

Forza Petroleum's current Enterprise Value is C$-2.4 Mil.
Forza Petroleum's Revenue for the trailing twelve months (TTM) ended in Sep. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was C$164.8 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.


Forza Petroleum Enterprise Value Related Terms

Thank you for viewing the detailed overview of Forza Petroleum's Enterprise Value provided by GuruFocus.com. Please click on the following links to see related term pages.


Forza Petroleum (TSX:FORZ) Business Description

Traded in Other Exchanges
Address
7th Avenue SW, 3400 First Canadian Centre 350, Calgary, AB, CAN, T2P 3N9
Forza Petroleum Ltd is engaged in the acquisition and development of exploration and production assets to produce hydrocarbons and to increase oil and gas reserves. The company holds interests in and operates the Hawler license area in the Kurdistan Region of Iraq.
Executives
Yann Hervé Didier Marie Chiffoleau Senior Officer