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STEP Energy Services (TSX:STEP) EV-to-EBIT : 5.15 (As of Apr. 26, 2024)


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What is STEP Energy Services EV-to-EBIT?

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, STEP Energy Services's Enterprise Value is C$399.1 Mil. STEP Energy Services's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was C$77.5 Mil. Therefore, STEP Energy Services's EV-to-EBIT for today is 5.15.

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

TSX:STEP' s EV-to-EBIT Range Over the Past 10 Years
Min: -583.58   Med: 2.61   Max: 214.79
Current: 5.15

During the past 11 years, the highest EV-to-EBIT of STEP Energy Services was 214.79. The lowest was -583.58. And the median was 2.61.

TSX:STEP's EV-to-EBIT is ranked better than
72.73% of 737 companies
in the Oil & Gas industry
Industry Median: 8.53 vs TSX:STEP: 5.15

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. STEP Energy Services's Enterprise Value for the quarter that ended in Dec. 2023 was C$394.8 Mil. STEP Energy Services's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was C$77.5 Mil. STEP Energy Services's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 19.63%.


STEP Energy Services EV-to-EBIT Historical Data

The historical data trend for STEP Energy Services'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.

STEP Energy Services EV-to-EBIT Chart

STEP Energy Services 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 -2.20 -2.03 -16.53 4.09 5.09

STEP Energy Services 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 4.09 2.68 3.23 3.96 5.09

Competitive Comparison of STEP Energy Services's EV-to-EBIT

For the Oil & Gas Equipment & Services subindustry, STEP Energy Services'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.


STEP Energy Services's EV-to-EBIT Distribution in the Oil & Gas Industry

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

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



STEP Energy Services EV-to-EBIT Calculation

STEP Energy Services's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=399.076/77.503
=5.15

STEP Energy Services's current Enterprise Value is C$399.1 Mil.
STEP Energy Services'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$77.5 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.


STEP Energy Services  (TSX:STEP) 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) %.

STEP Energy Services'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 )
=77.503/394.81124
=19.63 %

STEP Energy Services's Enterprise Value for the quarter that ended in Dec. 2023 was C$394.8 Mil.
STEP Energy Services'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$77.5 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.


STEP Energy Services EV-to-EBIT Related Terms

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


STEP Energy Services (TSX:STEP) Business Description

Traded in Other Exchanges
Address
1200, 205-5th Avenue SW, Bow Valley Square II, Calgary, AB, CAN, T2P 2V7
STEP Energy Services Ltd is an oilfield service company. It provides coiled tubing, fluid and nitrogen pumping, and hydraulic fracturing solutions. STEP has a high-performance safety-focused culture and provides innovative, reliable, and cost-effective solutions to its E&P clients. The group's services are focused on the WCSB, Permian and Eagle Ford in Texas, the Uinta-Piceance and Niobrara-DJ basins in Colorado, and the Bakken in North Dakota.