EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, PNM Resources's Enterprise Value is $8,246 Mil.
PNM Resources's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was $281 Mil. Therefore, PNM Resources's EV-to-EBIT for today is 29.36.
The historical rank and industry rank for PNM Resources's EV-to-EBIT or its related term are showing as below:
PNM'
s EV-to-EBIT Range Over the Past 10 Years
Min: 12.09 Med: 21.66 Max: 103.45
Current: 29.36
During the past 13 years, the highest EV-to-EBIT of PNM Resources was 103.45. The lowest was 12.09. And the median was 21.66.
PNM's EV-to-EBIT is ranked worse than 89.94% of 467
companies
in the Utilities - Regulated industry
Industry Median: 12.73
vs PNM: 29.36
Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. PNM Resources's Enterprise Value for the quarter that ended in Dec. 2023 was $8,775 Mil.
PNM Resources's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was $281 Mil. PNM Resources's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 3.20%.
PNM Resources EV-to-EBIT Historical Data
The historical data trend for PNM Resources'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.
Competitive Comparison of PNM Resources's EV-to-EBIT
For the Utilities - Regulated Electric subindustry, PNM Resources'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.
PNM Resources's EV-to-EBIT Distribution in the Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, PNM Resources's EV-to-EBIT distribution charts can be found below:
* The bar in red indicates where PNM Resources's EV-to-EBIT falls into.
PNM Resources EV-to-EBIT Calculation
PNM Resources's EV-to-EBIT for today is calculated as:
PNM Resources's current Enterprise Value is $8,246 Mil.
PNM Resources'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 $281 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.
PNM Resources (NYSE:PNM) 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.
PNM Resources's Enterprise Value for the quarter that ended in Dec. 2023 was $8,775 Mil.
PNM Resources'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 $281 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.
PNM Resources EV-to-EBIT Related Terms
Thank you for viewing the detailed overview of PNM Resources's EV-to-EBIT provided by GuruFocus.com. Please click on the following links to see related term pages.
PNM Resources (PNM Resources) Business Description
PNM Resources Inc, or PNMR, is a holding company that owns regulated utilities companies providing electricity and electric services. PNMR segments its operations by its two subsidiaries, PNM and TNMP. PNM provides electric generation, transmission, and distribution services mainly to areas of New Mexico. While PNM uses a variety of fuel sources across its power plant portfolio, its coal and gas-fueled sites produce most of the energy. TNMP owns and operates transmission and distribution services primarily in small to medium-sized communities in Texas. Both subsidiaries generate revenue for PNMR through the sale of electricity and transmission service fees fairly evenly split between residential and commercial customers. PNM generates the vast majority of PNMR's total revenue.
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