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MEG Energy (TSX:MEG) EV-to-EBITDA : 6.99 (As of Apr. 26, 2024)


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What is MEG Energy EV-to-EBITDA?

EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, MEG Energy's enterprise value is C$10,023 Mil. MEG Energy's EBITDA for the trailing twelve months (TTM) ended in Dec. 2023 was C$1,433 Mil. Therefore, MEG Energy's EV-to-EBITDA for today is 6.99.

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

TSX:MEG' s EV-to-EBITDA Range Over the Past 10 Years
Min: -146.73   Med: 8.03   Max: 73.84
Current: 6.99

During the past 13 years, the highest EV-to-EBITDA of MEG Energy was 73.84. The lowest was -146.73. And the median was 8.03.

TSX:MEG's EV-to-EBITDA is ranked worse than
57.38% of 786 companies
in the Oil & Gas industry
Industry Median: 6.035 vs TSX:MEG: 6.99

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), MEG Energy's stock price is C$32.28. MEG Energy's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2023 was C$1.980. Therefore, MEG Energy's PE Ratio for today is 16.30.

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


MEG Energy EV-to-EBITDA Historical Data

The historical data trend for MEG Energy'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.

MEG Energy EV-to-EBITDA Chart

MEG Energy 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 5.93 22.15 5.91 3.76 5.39

MEG Energy 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 3.76 5.13 5.38 6.00 5.39

Competitive Comparison of MEG Energy's EV-to-EBITDA

For the Oil & Gas E&P subindustry, MEG Energy'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.


MEG Energy's EV-to-EBITDA Distribution in the Oil & Gas Industry

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

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



MEG Energy EV-to-EBITDA Calculation

MEG Energy's EV-to-EBITDA for today is calculated as:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA (TTM)
=10022.656/1433
=6.99

MEG Energy's current Enterprise Value is C$10,023 Mil.
MEG Energy'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 C$1,433 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.


MEG Energy  (TSX:MEG) 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.

MEG Energy's PE Ratio for today is calculated as:

PE Ratio=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=32.28/1.980
=16.30

MEG Energy's share price for today is C$32.28.
MEG Energy'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 C$1.980.

* 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?


MEG Energy EV-to-EBITDA Related Terms

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


MEG Energy (TSX:MEG) Business Description

Traded in Other Exchanges
Address
600 - 3rd Avenue South West, 21st Floor Mail Room, Calgary, AB, CAN, T2P 0G5
MEG Energy Corp is an energy company focused on sustainable in situ thermal oil production in the southern Athabasca oil region of Alberta, Canada. MEG transports and sells thermal oil (known as Access Western Blend or AWB) to customers throughout North America and internationally.
Executives
David Michael Granger Senior Officer