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Formosa Petrochemical (TPE:6505) EV-to-EBIT : 24.62 (As of Apr. 26, 2024)


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What is Formosa Petrochemical EV-to-EBIT?

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Formosa Petrochemical's Enterprise Value is NT$621,381 Mil. Formosa Petrochemical's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was NT$25,236 Mil. Therefore, Formosa Petrochemical's EV-to-EBIT for today is 24.62.

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

TPE:6505' s EV-to-EBIT Range Over the Past 10 Years
Min: -8585.54   Med: 18.78   Max: 299.06
Current: 24.62

During the past 13 years, the highest EV-to-EBIT of Formosa Petrochemical was 299.06. The lowest was -8585.54. And the median was 18.78.

TPE:6505's EV-to-EBIT is ranked worse than
88.06% of 737 companies
in the Oil & Gas industry
Industry Median: 8.53 vs TPE:6505: 24.62

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Formosa Petrochemical's Enterprise Value for the quarter that ended in Dec. 2023 was NT$709,141 Mil. Formosa Petrochemical's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was NT$25,236 Mil. Formosa Petrochemical's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 3.56%.


Formosa Petrochemical EV-to-EBIT Historical Data

The historical data trend for Formosa Petrochemical'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.

Formosa Petrochemical EV-to-EBIT Chart

Formosa Petrochemical 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 18.90 97.12 13.48 42.20 28.10

Formosa Petrochemical 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 42.20 129.20 -44.36 56.57 28.10

Competitive Comparison of Formosa Petrochemical's EV-to-EBIT

For the Oil & Gas Refining & Marketing subindustry, Formosa Petrochemical'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.


Formosa Petrochemical's EV-to-EBIT Distribution in the Oil & Gas Industry

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

* The bar in red indicates where Formosa Petrochemical's EV-to-EBIT falls into.



Formosa Petrochemical EV-to-EBIT Calculation

Formosa Petrochemical's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=621381.069/25235.769
=24.62

Formosa Petrochemical's current Enterprise Value is NT$621,381 Mil.
Formosa Petrochemical'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 NT$25,236 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.


Formosa Petrochemical  (TPE:6505) 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) %.

Formosa Petrochemical'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 )
=25235.769/709140.833
=3.56 %

Formosa Petrochemical's Enterprise Value for the quarter that ended in Dec. 2023 was NT$709,141 Mil.
Formosa Petrochemical'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 NT$25,236 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.


Formosa Petrochemical EV-to-EBIT Related Terms

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


Formosa Petrochemical (TPE:6505) Business Description

Traded in Other Exchanges
N/A
Address
No. 1-1, Formosa Plastics Industrial Park, Zhongxing Village, Mailiao Township, Yunlin County, Taipei, TWN, 638
Formosa Petrochemical Corp engages in refining crude oil, selling refined petroleum products, and producing and selling olefins. The firm operates in two segments. The Petrochemical segment that derives majority revenue engages in producing and selling petroleum, and petrochemical products. The Public utility segment engages in producing and selling water, electricity, and steam. Its product offerings comprise gasoline, jet fuel, kerosene, fuel oil, asphalt, sulfur, lubricant, diesel, naphtha, and liquid petroleum gas.

Formosa Petrochemical (TPE:6505) Headlines

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