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Tidewater Midstream and Infrastructure (TSX:TWM) EV-to-EBIT : -2.13 (As of Apr. 25, 2024)


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What is Tidewater Midstream and Infrastructure EV-to-EBIT?

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Tidewater Midstream and Infrastructure's Enterprise Value is C$749 Mil. Tidewater Midstream and Infrastructure's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was C$-351 Mil. Therefore, Tidewater Midstream and Infrastructure's EV-to-EBIT for today is -2.13.

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

TSX:TWM' s EV-to-EBIT Range Over the Past 10 Years
Min: -1092.63   Med: 21.53   Max: 144.45
Current: -2.14

During the past 9 years, the highest EV-to-EBIT of Tidewater Midstream and Infrastructure was 144.45. The lowest was -1092.63. And the median was 21.53.

TSX:TWM's EV-to-EBIT is ranked worse than
100% of 736 companies
in the Oil & Gas industry
Industry Median: 8.475 vs TSX:TWM: -2.14

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Tidewater Midstream and Infrastructure's Enterprise Value for the quarter that ended in Dec. 2023 was C$915 Mil. Tidewater Midstream and Infrastructure's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was C$-351 Mil. Tidewater Midstream and Infrastructure's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was -38.37%.


Tidewater Midstream and Infrastructure EV-to-EBIT Historical Data

The historical data trend for Tidewater Midstream and Infrastructure'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.

Tidewater Midstream and Infrastructure EV-to-EBIT Chart

Tidewater Midstream and Infrastructure Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EV-to-EBIT
Get a 7-Day Free Trial Premium Member Only 130.38 51.61 8.06 14.35 -2.61

Tidewater Midstream and Infrastructure 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 14.35 -1,079.71 -55.22 -64.70 -2.61

Competitive Comparison of Tidewater Midstream and Infrastructure's EV-to-EBIT

For the Oil & Gas Midstream subindustry, Tidewater Midstream and Infrastructure'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.


Tidewater Midstream and Infrastructure's EV-to-EBIT Distribution in the Oil & Gas Industry

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

* The bar in red indicates where Tidewater Midstream and Infrastructure's EV-to-EBIT falls into.



Tidewater Midstream and Infrastructure EV-to-EBIT Calculation

Tidewater Midstream and Infrastructure's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=749.439/-351.3
=-2.13

Tidewater Midstream and Infrastructure's current Enterprise Value is C$749 Mil.
Tidewater Midstream and Infrastructure's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was C$-351 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.


Tidewater Midstream and Infrastructure  (TSX:TWM) 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) %.

Tidewater Midstream and Infrastructure'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 )
=-351.3/915.468
=-38.37 %

Tidewater Midstream and Infrastructure's Enterprise Value for the quarter that ended in Dec. 2023 was C$915 Mil.
Tidewater Midstream and Infrastructure's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was C$-351 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.


Tidewater Midstream and Infrastructure EV-to-EBIT Related Terms

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Tidewater Midstream and Infrastructure (TSX:TWM) Business Description

Traded in Other Exchanges
Address
222 - 3rd Avenue SW, Suite 900, Calgary, AB, CAN, T2P 0B4
Tidewater Midstream and Infrastructure Ltd is a Canadian company that is engaged in providing midstream infrastructure and a natural gas storage facility. It mainly focuses on the purchase, sale, and transportation of Natural Gas Liquids (NGLs) such as propane and natural gasoline throughout North America and export to premium markets. The business activities of the company include gathering, processing, and transportation relates to raw gas gathering systems, processing plants and pipelines, NGL marketing and Extraction, refined products, and other activities. Its business segments consist of Midstream; Downstream; Marketing and others. The company generates maximum revenue from the Marketing and other.

Tidewater Midstream and Infrastructure (TSX:TWM) Headlines