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Altex Industries (Altex Industries) EV-to-EBIT : -5.11 (As of May. 05, 2024)


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What is Altex Industries EV-to-EBIT?

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Altex Industries's Enterprise Value is $0.94 Mil. Altex Industries's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was $-0.18 Mil. Therefore, Altex Industries's EV-to-EBIT for today is -5.11.

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

ALTX' s EV-to-EBIT Range Over the Past 10 Years
Min: -5.11   Med: 5.1   Max: 16.05
Current: -5.11

During the past 13 years, the highest EV-to-EBIT of Altex Industries was 16.05. The lowest was -5.11. And the median was 5.10.

ALTX's EV-to-EBIT is ranked worse than
100% of 742 companies
in the Oil & Gas industry
Industry Median: 8.635 vs ALTX: -5.11

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Altex Industries's Enterprise Value for the quarter that ended in Dec. 2023 was $-0.02 Mil. Altex Industries's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was $-0.18 Mil. Altex Industries's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 804.20%.


Altex Industries EV-to-EBIT Historical Data

The historical data trend for Altex Industries'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.

Altex Industries EV-to-EBIT Chart

Altex Industries Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
EV-to-EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 8.72 6.93 3.59 7.70 1.53

Altex Industries Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
EV-to-EBIT 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 4.46 2.58 2.29 1.53 0.12

Competitive Comparison of Altex Industries's EV-to-EBIT

For the Oil & Gas E&P subindustry, Altex Industries'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.


Altex Industries's EV-to-EBIT Distribution in the Oil & Gas Industry

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

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



Altex Industries EV-to-EBIT Calculation

Altex Industries's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=0.941/-0.184
=-5.11

Altex Industries's current Enterprise Value is $0.94 Mil.
Altex Industries's EBIT 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 $-0.18 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.


Altex Industries  (OTCPK:ALTX) 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) %.

Altex Industries's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 is calculated as:

Earnings Yield (Joel Greenblatt) % (Q: Dec. 2023 ) =EBIT / Enterprise Value (Q: Dec. 2023 )
=-0.184/-0.02288
=804.20 %

Altex Industries's Enterprise Value for the quarter that ended in Dec. 2023 was $-0.02 Mil.
Altex Industries's EBIT 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 $-0.18 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.


Altex Industries EV-to-EBIT Related Terms

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


Altex Industries (Altex Industries) Business Description

Traded in Other Exchanges
N/A
Address
700 Colorado Boulevard, Suite 273, Denver, CO, USA, 80206-4084
Altex Industries Inc is a US-based holding company. Through its wholly-owned subsidiary, it owns interests in productive onshore oil and gas properties, has bought and sold producing oil and gas properties, and has participated in the drilling of exploratory and development wells, and completion of existing wells in Utah and Wyoming. The Company's revenue is from sales of oil and gas production, interest income, and, occasionally, bonus payments for mineral leases.
Executives
Jeffrey S Chernow director PO BOX 1057, BRECKENRIDGE CO 80424
Stephen Fante director PO BOX 1057, BRECKENRIDGE CO 80424

Altex Industries (Altex Industries) Headlines

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