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Greenfire Resources (Greenfire Resources) EV-to-EBIT : -13.12 (As of May. 29, 2024)


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What is Greenfire Resources EV-to-EBIT?

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Greenfire Resources's Enterprise Value is $639.9 Mil. Greenfire Resources's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 was $-48.8 Mil. Therefore, Greenfire Resources's EV-to-EBIT for today is -13.12.

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

GFR' s EV-to-EBIT Range Over the Past 10 Years
Min: -29.08   Med: -12.22   Max: 13.6
Current: -13.12

During the past 4 years, the highest EV-to-EBIT of Greenfire Resources was 13.60. The lowest was -29.08. And the median was -12.22.

GFR's EV-to-EBIT is ranked worse than
100% of 738 companies
in the Oil & Gas industry
Industry Median: 9.08 vs GFR: -13.12

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Greenfire Resources's Enterprise Value for the quarter that ended in Mar. 2024 was $641.5 Mil. Greenfire Resources's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 was $-48.8 Mil. Greenfire Resources's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was -7.60%.


Greenfire Resources EV-to-EBIT Historical Data

The historical data trend for Greenfire Resources'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.

Greenfire Resources EV-to-EBIT Chart

Greenfire Resources Annual Data
Trend Dec20 Dec21 Dec22 Dec23
EV-to-EBIT
- - - -104.35

Greenfire Resources Quarterly Data
Dec21 Sep22 Dec22 Mar23 Sep23 Dec23 Mar24
EV-to-EBIT Get a 7-Day Free Trial - - -11.95 -104.35 -13.16

Competitive Comparison of Greenfire Resources's EV-to-EBIT

For the Oil & Gas E&P subindustry, Greenfire Resources'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.


Greenfire Resources's EV-to-EBIT Distribution in the Oil & Gas Industry

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

* The bar in red indicates where Greenfire Resources's EV-to-EBIT falls into.



Greenfire Resources EV-to-EBIT Calculation

Greenfire Resources's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=639.895/-48.762
=-13.12

Greenfire Resources's current Enterprise Value is $639.9 Mil.
Greenfire Resources's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-48.8 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.


Greenfire Resources  (NYSE:GFR) 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) %.

Greenfire Resources's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 is calculated as:

Earnings Yield (Joel Greenblatt) % (Q: Mar. 2024 ) =EBIT / Enterprise Value (Q: Mar. 2024 )
=-48.762/641.5440525
=-7.60 %

Greenfire Resources's Enterprise Value for the quarter that ended in Mar. 2024 was $641.5 Mil.
Greenfire Resources's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-48.8 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.


Greenfire Resources EV-to-EBIT Related Terms

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Greenfire Resources (Greenfire Resources) Business Description

Traded in Other Exchanges
Address
1900 – 205 5th Avenue SW, Calgary, AB, CAN, T2P 2V7
Greenfire Resources Ltd explores, acquires, develops and produces oil and gas in the Canadian energy sector and internationally. Greenfire currently has two producing oil sand assets, Hangingstone Expansion and Hangingstone Demo.

Greenfire Resources (Greenfire Resources) Headlines

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