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EnLink Midstream LLC (EnLink Midstream LLC) EV-to-EBIT : 15.89 (As of Apr. 27, 2024)


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What is EnLink Midstream LLC EV-to-EBIT?

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, EnLink Midstream LLC's Enterprise Value is $10,813 Mil. EnLink Midstream LLC's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was $680 Mil. Therefore, EnLink Midstream LLC's EV-to-EBIT for today is 15.89.

The historical rank and industry rank for EnLink Midstream LLC's EV-to-EBIT or its related term are showing as below:

ENLC' s EV-to-EBIT Range Over the Past 10 Years
Min: -21.8   Med: 26.99   Max: 274.93
Current: 15.89

During the past 13 years, the highest EV-to-EBIT of EnLink Midstream LLC was 274.93. The lowest was -21.80. And the median was 26.99.

ENLC's EV-to-EBIT is ranked worse than
78.38% of 740 companies
in the Oil & Gas industry
Industry Median: 8.59 vs ENLC: 15.89

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. EnLink Midstream LLC's Enterprise Value for the quarter that ended in Dec. 2023 was $11,694 Mil. EnLink Midstream LLC's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was $680 Mil. EnLink Midstream LLC's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 5.82%.


EnLink Midstream LLC EV-to-EBIT Historical Data

The historical data trend for EnLink Midstream LLC'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.

EnLink Midstream LLC EV-to-EBIT Chart

EnLink Midstream LLC 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 22.93 254.89 16.22 18.79 17.11

EnLink Midstream LLC Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 18.79 16.57 16.22 18.46 17.11

Competitive Comparison of EnLink Midstream LLC's EV-to-EBIT

For the Oil & Gas Midstream subindustry, EnLink Midstream LLC'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.


EnLink Midstream LLC's EV-to-EBIT Distribution in the Oil & Gas Industry

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

* The bar in red indicates where EnLink Midstream LLC's EV-to-EBIT falls into.



EnLink Midstream LLC EV-to-EBIT Calculation

EnLink Midstream LLC's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=10813.178/680.3
=15.89

EnLink Midstream LLC's current Enterprise Value is $10,813 Mil.
EnLink Midstream LLC'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 $680 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.


EnLink Midstream LLC  (NYSE:ENLC) 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) %.

EnLink Midstream LLC's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 is calculated as:

Earnings Yield (Joel Greenblatt) % (Q: Dec. 2023 ) =EBIT / Enterprise Value (Q: Dec. 2023 )
=680.3/11693.92624
=5.82 %

EnLink Midstream LLC's Enterprise Value for the quarter that ended in Dec. 2023 was $11,694 Mil.
EnLink Midstream LLC'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 $680 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.


EnLink Midstream LLC EV-to-EBIT Related Terms

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


EnLink Midstream LLC (EnLink Midstream LLC) Business Description

Traded in Other Exchanges
Address
1722 Routh Street, Suite 1300, Dallas, TX, USA, 75201
EnLink Midstream LLC is an integrated midstream company. The company's operating segment includes Permian; North Texas; Oklahoma; Louisiana and Corporate. The company generates maximum revenue from the Louisiana segment. The Louisiana segment includes natural gas pipelines, natural gas processing plants, storage facilities, fractionation facilities, and NGL assets.
Executives
Adam S Forman officer: EVP and General Counsel 1001 LOUISIANA STREET, SUITE 1000, HOUSTON TX 77002
Dilanka Seimon officer: EVP and CCO 1722 ROUTH STREET, DALLAS TX 75201
Alaina K Brooks officer: SVP, General Counsel 2501 CEDAR SPRINGS, SUITE 100, DALLAS TX 75201
Jan Philipp Rossbach officer: VP & Chief Accounting Officer 1722 ROUTH STREET, SUITE 1300, DALLAS TX 75201
Benjamin D Lamb officer: SVP-Finance & Corporate Dev. 2501 CEDAR SPRINGS, SUITE 100, DALLAS TX 75201
Walter Pinto officer: EVP and COO 1722 ROUTH STREET, DALLAS TX 75201
Kyle D Vann director 11 HEPPLEWHITE WAY, THE WOODLANDS TX 77382
Jesse Arenivas director, officer: Chief Executive Officer 1001 LOUISIANA, SUITE 1000, HOUSTON TX 77002
Benjamin M Daniel director 1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105
Tiffany Thom Cepak director C/O PATTERSON-UTI ENERGY, INC., 10713 WEST SAM HOUSTON PARKWAY NORTH, SU, HOUSTON TX 77064
Goldman Sachs Group Inc 10 percent owner 200 WEST STREET, NEW YORK NY 10282
Wsip Egypt Holdings, Lp 10 percent owner 200 WEST STREET, NEW YORK NY 10282
Richard P Schifter director 301 COMMERCE STREET, SUITE 3300, FORT WORTH TX 76102
Scott E Telesz director 39 OLD RIDGEBURY ROAD, DANBURY CT 06810-5113
Pablo G. Mercado, officer: EVP and CFO 920 MEMORIAL CITY WAY, SUITE 800, HOUSTON TX 77024