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Akita Drilling (Akita Drilling) EV-to-EBITDA : 2.17 (As of Apr. 26, 2024)


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What is Akita Drilling EV-to-EBITDA?

EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, Akita Drilling's enterprise value is $86.9 Mil. Akita Drilling's EBITDA for the trailing twelve months (TTM) ended in Dec. 2023 was $40.0 Mil. Therefore, Akita Drilling's EV-to-EBITDA for today is 2.17.

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

AKTAF' s EV-to-EBITDA Range Over the Past 10 Years
Min: -17.8   Med: 3.88   Max: 5033.83
Current: 2.17

During the past 13 years, the highest EV-to-EBITDA of Akita Drilling was 5033.83. The lowest was -17.80. And the median was 3.88.

AKTAF's EV-to-EBITDA is ranked better than
87.28% of 786 companies
in the Oil & Gas industry
Industry Median: 6.035 vs AKTAF: 2.17

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 (2024-04-26), Akita Drilling's stock price is $1.089. Akita Drilling's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2023 was $0.340. Therefore, Akita Drilling's PE Ratio for today is 3.20.

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


Akita Drilling EV-to-EBITDA Historical Data

The historical data trend for Akita Drilling'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.

Akita Drilling EV-to-EBITDA Chart

Akita Drilling 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 7.16 -1.39 11.68 3.73 2.10

Akita Drilling Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 3.73 2.69 1.93 2.19 2.10

Competitive Comparison of Akita Drilling's EV-to-EBITDA

For the Oil & Gas Drilling subindustry, Akita Drilling'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.


Akita Drilling's EV-to-EBITDA Distribution in the Oil & Gas Industry

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

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



Akita Drilling EV-to-EBITDA Calculation

Akita Drilling's EV-to-EBITDA for today is calculated as:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA (TTM)
=86.935/39.99
=2.17

Akita Drilling's current Enterprise Value is $86.9 Mil.
Akita Drilling's EBITDA 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 $40.0 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.


Akita Drilling  (OTCPK:AKTAF) 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.

Akita Drilling's PE Ratio for today is calculated as:

PE Ratio=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=1.089/0.340
=3.20

Akita Drilling's share price for today is $1.089.
Akita Drilling's Earnings per Share (Diluted) 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 $0.340.

* 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?


Akita Drilling EV-to-EBITDA Related Terms

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


Akita Drilling (Akita Drilling) Business Description

Traded in Other Exchanges
Address
333-7th Avenue SW, Suite 1000, Calgary, AB, CAN, T2P 2Z1
Akita Drilling Ltd is a Canadian oil and gas drilling contractor. The company is engaged in providing contract drilling services, primarily to the oil and gas industry, in Canada and the United States. The company owns and operates over 35 drilling rigs. It is also involved in the drilling related to potash mining and the development of storage caverns.

Akita Drilling (Akita Drilling) Headlines