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Devon Energy Corp (NYSE:DVN)
EV-to-EBITDA
10.85 (As of Today)

EV/EBITDA ratio is calculated as enterprise value divided by its EBITDA. As of today, Devon Energy Corp's enterprise value is $28,494 Mil. Devon Energy Corp's earnings before depreciation and amortization for the trailing twelve months (TTM) ended in Mar. 2017 was $2,627 Mil. Therefore, Devon Energy Corp's EV/EBITDA ratio for today is 10.85.

DVN' s EV-to-EBITDA Range Over the Past 10 Years
Min: -58.3   Max: 81.6
Current: 10.85

-58.3
81.6

During the past 13 years, the highest EV/EBITDA Ratio of Devon Energy Corp was 81.60. The lowest was -58.30. And the median was 5.40.

DVN's EV-to-EBITDA is ranked higher than
50% of the 264 Companies
in the Global Oil & Gas E&P industry.

( Industry Median: 11.17 vs. DVN: 10.85 )

EV/EBITDA (Enterprise value/EBITDA) is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the P/E Ratio to determine the fair market value of a company.

As of today, Devon Energy Corp's stock price is $30.01. Devon Energy Corp's earnings per share for the trailing twelve months (TTM) ended in Mar. 2017 was $0.62. Therefore, Devon Energy Corp's P/E Ratio for today is 48.40.

The "classic" EV/EBITDA ratio is much better in capturing debt and net cash than the P/E Ratio.


Definition

Devon Energy Corp's EV/EBITDA for today is calculated as:

EV/EBITDA=Enterprise Value (Today)/Earnings Before Depreciation and Amortization (TTM)
=28494.270/2627
=10.85

Devon Energy Corp's current Enterprise Value is $28,494 Mil.
Devon Energy Corp's Earnings Before Depreciation and Amortization for the trailing twelve months (TTM) ended in Mar. 2017 was -1103 (Jun. 2016 ) + 1724 (Sep. 2016 ) + 900 (Dec. 2016 ) + 1106 (Mar. 2017 ) = $2,627 Mil.

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.


Explanation

EV/EBITDA (Enterprise value/EBITDA) is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the P/E Ratio to determine the fair market value of a company.

Devon Energy Corp's P/E Ratio for today is calculated as:

P/E Ratio=Share Price (Today)/Earnings Per Share (TTM)
=30.01/0.62
=48.40

Devon Energy Corp's share price for today is $30.01.
Devon Energy Corp's Earnings Per Share for the trailing twelve months (TTM) ended in Mar. 2017 was -3.04 (Jun. 2016 ) + 1.89 (Sep. 2016 ) + 0.7 (Dec. 2016 ) + 1.07 (Mar. 2017 ) = $0.62.

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

Study has found that the companies with the lowest EV/EBITDA outperforms companies measured as cheap by other ratios such as P/E Ratio.

Please read Which price ratio outperforms the enterprise multiple?


Related Terms

Enterprise Value, Earnings Before Depreciation and Amortization, P/E Ratio


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

Devon Energy Corp Annual Data

Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14Dec15Dec16
ev2ebitda 6.08-56.95-18.156.234.048.949.315.05-1.59-24.97

Devon Energy Corp Quarterly Data

Dec14Mar15Jun15Sep15Dec15Mar16Jun16Sep16Dec16Mar17
ev2ebitda 5.0521.28-9.47-2.58-1.59-1.83-2.51-5.10-24.9713.19
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