Horizon Oil (ASX:HZN) EV-to-EBIT : 2.52 (As of May. 10, 2024)

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What is Horizon Oil EV-to-EBIT?

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Horizon Oil's Enterprise Value is A$237.2 Mil. Horizon Oil's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was A$94.1 Mil. Therefore, Horizon Oil's EV-to-EBIT for today is 2.52.

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

ASX:HZN' s EV-to-EBIT Range Over the Past 10 Years
Min: -1.93 Med: 5.51 Max: 32.78
Current: 2.52

During the past 13 years, the highest EV-to-EBIT of Horizon Oil was 32.78. The lowest was -1.93. And the median was 5.51.

ASX:HZN's EV-to-EBIT is ranked better than
90.46% of 744 companies
in the Oil & Gas industry
Industry Median: 8.835 vs ASX:HZN: 2.52

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Horizon Oil's Enterprise Value for the quarter that ended in Dec. 2023 was A$183.5 Mil. Horizon Oil's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was A$94.1 Mil. Horizon Oil's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 51.25%.

Horizon Oil EV-to-EBIT Historical Data

The historical data trend for Horizon Oil'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.

Horizon Oil EV-to-EBIT Chart

Horizon Oil Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

EV-to-EBIT

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2.57

-1.09

9.31

2.39

1.89

Horizon Oil 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-EBIT	Get a 7-Day Free Trial															-	2.39	-	1.89	-

Competitive Comparison of Horizon Oil's EV-to-EBIT

For the Oil & Gas E&P subindustry, Horizon Oil'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.

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

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

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

Horizon Oil EV-to-EBIT Calculation

Horizon Oil's EV-to-EBIT for today is calculated as:

EV-to-EBIT	=	Enterprise Value (Today)	/	EBIT (TTM)
	=	237.158	/	94.054
	=	2.52

Horizon Oil's current Enterprise Value is A$237.2 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Horizon Oil's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was A$94.1 Mil.

Horizon Oil (ASX:HZN) 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) %.

Horizon Oil'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 )
	=	94.054	/	183.5199
	=	51.25 %

Horizon Oil's Enterprise Value for the quarter that ended in Dec. 2023 was A$183.5 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Horizon Oil's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was A$94.1 Mil.

Horizon Oil EV-to-EBIT Related Terms

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

Horizon Oil (ASX:HZN) Business Description

Industry

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HZNFF:USA

Address

360 Kent Street, Level 4, Sydney, NSW, AUS, 2000

Website

https://horizonoil.com.au

Horizon Oil Ltd is engaged in petroleum exploration, development, and production. The company's exploration, development, and production activities are focused on Southeast Asia. The operating segments of the group are New Zealand exploration and development, China exploration and development, and All other segments. It generates the prime revenue from New Zealand's exploration and development segment in which the group is involved in the development and production of crude oil and oil field development and in the exploration and evaluation of hydrocarbons. The operations of the organization are carried out in China and New Zealand.