GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Tourmaline Oil Corp (TSX:TOU) » Definitions » Enterprise Value

Tourmaline Oil (TSX:TOU) Enterprise Value : C$24,698 Mil (As of Apr. 30, 2024)


View and export this data going back to 2010. Start your Free Trial

What is Tourmaline Oil 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, Tourmaline Oil's Enterprise Value is C$24,698 Mil. Tourmaline Oil's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was C$2,218 Mil. Therefore, Tourmaline Oil's EV-to-EBIT ratio for today is 11.14.

EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, Tourmaline Oil's Enterprise Value is C$24,698 Mil. Tourmaline Oil's EBITDA for the trailing twelve months (TTM) ended in Dec. 2023 was C$3,521 Mil. Therefore, Tourmaline Oil's EV-to-EBITDA ratio for today is 7.01.

EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, Tourmaline Oil's Enterprise Value is C$24,698 Mil. Tourmaline Oil's Revenue for the trailing twelve months (TTM) ended in Dec. 2023 was C$6,242 Mil. Therefore, Tourmaline Oil's EV-to-Revenue ratio for today is 3.96.


Tourmaline Oil Enterprise Value Historical Data

The historical data trend for Tourmaline Oil'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.

Tourmaline Oil Enterprise Value Chart

Tourmaline Oil 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 5,936.03 7,290.88 14,393.07 23,768.22 22,063.55

Tourmaline Oil 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 23,768.22 19,446.39 21,739.25 23,680.26 22,063.55

Competitive Comparison of Tourmaline Oil's Enterprise Value

For the Oil & Gas E&P subindustry, Tourmaline Oil'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.


Tourmaline Oil's Enterprise Value Distribution in the Oil & Gas Industry

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

* The bar in red indicates where Tourmaline Oil's Enterprise Value falls into.



Tourmaline Oil 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.

Tourmaline Oil's Enterprise Value for the fiscal year that ended in Dec. 2023 is calculated as

Tourmaline Oil'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.


Tourmaline Oil  (TSX:TOU) 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.

Tourmaline Oil's EV-to-EBIT for today is

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=24697.928/2217.561
=11.14

Tourmaline Oil's current Enterprise Value is C$24,698 Mil.
Tourmaline Oil'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$2,218 Mil.

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

Tourmaline Oil's EV-to-EBITDA for today is:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA(TTM)
=24697.928/3521.005
=7.01

Tourmaline Oil's current Enterprise Value is C$24,698 Mil.
Tourmaline Oil'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$3,521 Mil.

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

Tourmaline Oil's EV-to-Revenue for today is:

EV-to-Revenue=Enterprise Value (Today)/Revenue (TTM)
=24697.928/6242.24
=3.96

Tourmaline Oil's current Enterprise Value is C$24,698 Mil.
Tourmaline Oil'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$6,242 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.


Tourmaline Oil Enterprise Value Related Terms

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


Tourmaline Oil (TSX:TOU) Business Description

Traded in Other Exchanges
Address
250 - 6th Avenue S.W., Suite 2900, Calgary, AB, CAN, T2P 3H7
Tourmaline Oil Corp is a Canadian energy company engaged in natural gas and crude oil acquisition, exploration, development, and production in the Western Canada Sedimentary Basin. It includes the Alberta Deep Basin, the Northeast British Columbia Montney, and the Peace River Triassic Oil complex.

Tourmaline Oil (TSX:TOU) Headlines

No Headlines