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TOP Ships (TOP Ships) EV-to-EBITDA : 11.74 (As of Apr. 25, 2024)


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What is TOP Ships EV-to-EBITDA?

EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, TOP Ships's enterprise value is $325.70 Mil. TOP Ships's EBITDA for the trailing twelve months (TTM) ended in Dec. 2023 was $27.75 Mil. Therefore, TOP Ships's EV-to-EBITDA for today is 11.74.

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

TOPS' s EV-to-EBITDA Range Over the Past 10 Years
Min: 5.67   Med: 7.75   Max: 18.42
Current: 11.74

During the past 13 years, the highest EV-to-EBITDA of TOP Ships was 18.42. The lowest was 5.67. And the median was 7.75.

TOPS's EV-to-EBITDA is ranked worse than
81.27% of 785 companies
in the Oil & Gas industry
Industry Median: 6 vs TOPS: 11.74

EV-to-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 PE Ratio to determine the fair market value of a company.

As of today (2024-04-25), TOP Ships's stock price is $12.53. TOP Ships's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2023 was $-12.800. Therefore, TOP Ships's PE Ratio for today is At Loss.

The "classic" EV-to-EBITDA is much better in capturing debt and net cash than the PE Ratio.


TOP Ships EV-to-EBITDA Historical Data

The historical data trend for TOP Ships's EV-to-EBITDA 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.

TOP Ships EV-to-EBITDA Chart

TOP Ships Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EV-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 15.56 15.15 7.62 6.47 6.64

TOP Ships Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
EV-to-EBITDA 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 7.62 - 6.47 - 6.64

Competitive Comparison of TOP Ships's EV-to-EBITDA

For the Oil & Gas Midstream subindustry, TOP Ships's EV-to-EBITDA, along with its competitors' market caps and EV-to-EBITDA 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.


TOP Ships's EV-to-EBITDA Distribution in the Oil & Gas Industry

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

* The bar in red indicates where TOP Ships's EV-to-EBITDA falls into.



TOP Ships EV-to-EBITDA Calculation

TOP Ships's EV-to-EBITDA for today is calculated as:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA (TTM)
=325.698/27.745
=11.74

TOP Ships's current Enterprise Value is $325.70 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. TOP Ships's EBITDA for the trailing twelve months (TTM) ended in Dec. 2023 was $27.75 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.


TOP Ships  (AMEX:TOPS) EV-to-EBITDA Explanation

EV-to-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 PE Ratio to determine the fair market value of a company.

TOP Ships's PE Ratio for today is calculated as:

PE Ratio=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=12.53/-12.800
=At Loss

TOP Ships's share price for today is $12.53.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. TOP Ships's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2023 was $-12.800.

* 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.

Study has found that the companies with the lowest EV-to-EBITDA outperforms companies measured as cheap by other ratios such as PE Ratio.

Please read Which price ratio outperforms the enterprise multiple?


TOP Ships EV-to-EBITDA Related Terms

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


TOP Ships (TOP Ships) Business Description

Traded in Other Exchanges
Address
1 Vasilisis Sofias and Megalou Alexandrou Street, Maroussi, GRC, 15124
TOP Ships Inc owns tanker vessels throughout the world. The company focuses on the transportation of petroleum products (clean and dirty) and bulk liquid chemicals. It generates revenue from the Time Charter agreements.
Executives
Ronin Capital, Llc 10 percent owner 350 N. ORLEANS, SUITE 2N, CHICAGO IL 60654

TOP Ships (TOP Ships) Headlines