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AltaGas (TSX:ALA.PR.E.PFD) EV-to-EBIT : 0.00 (As of Apr. 26, 2024)


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What is AltaGas EV-to-EBIT?

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, AltaGas's Enterprise Value is C$0.00 Mil. AltaGas's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was C$1,303.00 Mil. Therefore, AltaGas's EV-to-EBIT for today is 0.00.

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

TSX:ALA.PR.E.PFD' s EV-to-EBIT Range Over the Past 10 Years
Min: -41.35   Med: 25.26   Max: 46.68
Current: 14.6

During the past 13 years, the highest EV-to-EBIT of AltaGas was 46.68. The lowest was -41.35. And the median was 25.26.

TSX:ALA.PR.E.PFD's EV-to-EBIT is ranked worse than
75.41% of 736 companies
in the Oil & Gas industry
Industry Median: 8.475 vs TSX:ALA.PR.E.PFD: 14.60

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. AltaGas's Enterprise Value for the quarter that ended in Dec. 2023 was C$0.00 Mil. AltaGas's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was C$1,303.00 Mil. AltaGas's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was %.


AltaGas EV-to-EBIT Historical Data

The historical data trend for AltaGas'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.

AltaGas EV-to-EBIT Chart

AltaGas 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 12.42 15.97 25.00 16.68 14.19

AltaGas 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 16.68 13.20 12.24 13.99 14.19

Competitive Comparison of AltaGas's EV-to-EBIT

For the Oil & Gas Midstream subindustry, AltaGas'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.


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

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

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



AltaGas EV-to-EBIT Calculation

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

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=0.000/1303
=0.00

AltaGas's current Enterprise Value is C$0.00 Mil.
AltaGas'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$1,303.00 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.


AltaGas  (TSX:ALA.PR.E.PFD) 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) %.

AltaGas'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 )
=1303/0
= %

AltaGas's Enterprise Value for the quarter that ended in Dec. 2023 was C$0.00 Mil.
AltaGas'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$1,303.00 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.


AltaGas EV-to-EBIT Related Terms

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


AltaGas (TSX:ALA.PR.E.PFD) Business Description

Address
1700, 355 - 4th Avenue S.W., Calgary, AB, CAN, T2P 0J1
AltaGas Ltd owns and operates a diversified basket of energy infrastructure businesses. Business is conducted through given segments: Midstream, Utilities and Corporate/other. Utility business owns and operates rate-regulated natural gas distribution assets across North America. Midstream business subsequent to the sale of non-core midstream assets in Canada and also engaged in natural gas liquid processing and extraction, transportation, and storage. Natural gas is sold and purchased for both commercial and industrial users. Revenue is derived from customers in both Canada and the United States, with Canadian customers contributing the most.

AltaGas (TSX:ALA.PR.E.PFD) Headlines

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