GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Ensign Energy Services Inc (TSX:ESI) » Definitions » Enterprise Value

Ensign Energy Services (TSX:ESI) Enterprise Value : C$1,671 Mil (As of Apr. 29, 2024)


View and export this data going back to 1993. Start your Free Trial

What is Ensign Energy Services 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, Ensign Energy Services's Enterprise Value is C$1,671 Mil. Ensign Energy Services's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was C$174 Mil. Therefore, Ensign Energy Services's EV-to-EBIT ratio for today is 9.58.

EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, Ensign Energy Services's Enterprise Value is C$1,671 Mil. Ensign Energy Services's EBITDA for the trailing twelve months (TTM) ended in Dec. 2023 was C$482 Mil. Therefore, Ensign Energy Services's EV-to-EBITDA ratio for today is 3.47.

EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, Ensign Energy Services's Enterprise Value is C$1,671 Mil. Ensign Energy Services's Revenue for the trailing twelve months (TTM) ended in Dec. 2023 was C$1,792 Mil. Therefore, Ensign Energy Services's EV-to-Revenue ratio for today is 0.93.


Ensign Energy Services Enterprise Value Historical Data

The historical data trend for Ensign Energy Services'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.

Ensign Energy Services Enterprise Value Chart

Ensign Energy Services Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Enterprise Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2,036.23 1,501.98 1,720.33 2,029.65 1,605.78

Ensign Energy Services Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 2,029.65 1,929.90 1,637.41 1,864.39 1,605.78

Competitive Comparison of Ensign Energy Services's Enterprise Value

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


Ensign Energy Services's Enterprise Value Distribution in the Oil & Gas Industry

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

* The bar in red indicates where Ensign Energy Services's Enterprise Value falls into.



Ensign Energy Services 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.

Ensign Energy Services's Enterprise Value for the fiscal year that ended in Dec. 2023 is calculated as

Ensign Energy Services's Enterprise Value for the quarter that ended in Dec. 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.


Ensign Energy Services  (TSX:ESI) 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.

Ensign Energy Services's EV-to-EBIT for today is

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=1670.643/174.382
=9.58

Ensign Energy Services's current Enterprise Value is C$1,671 Mil.
Ensign Energy Services'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$174 Mil.

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

Ensign Energy Services's EV-to-EBITDA for today is:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA(TTM)
=1670.643/481.725
=3.47

Ensign Energy Services's current Enterprise Value is C$1,671 Mil.
Ensign Energy Services's EBITDA 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$482 Mil.

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

Ensign Energy Services's EV-to-Revenue for today is:

EV-to-Revenue=Enterprise Value (Today)/Revenue (TTM)
=1670.643/1791.767
=0.93

Ensign Energy Services's current Enterprise Value is C$1,671 Mil.
Ensign Energy Services's Revenue 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$1,792 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.


Ensign Energy Services Enterprise Value Related Terms

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


Ensign Energy Services (TSX:ESI) Business Description

Traded in Other Exchanges
Address
400, 5th Avenue South West, Suite 1000, Calgary, AB, CAN, T2P 0L6
Ensign Energy Services Inc provides oilfield services to the crude oil and natural gas industries in Canada, the United States, and internationally. In Canada, the Company's oilfield services business includes drilling rigs, oil sands/coring rigs, well servicing, underbalanced and managed pressure drilling, and equipment rental services. In the United States, it offers drilling rigs, directional services, well servicing, equipment rental services, and trucking services, and Internationally, It offers drilling and workover rigs. Geographically the company operates in nine countries; Canada, the United States, Argentina, Australia, Bahrain, Kuwait, Oman, United Arab Emirates, and Venezuela.