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Corre Energy BV (DUB:CORRE) EV-to-EBIT : -2.64 (As of May. 28, 2024)


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What is Corre Energy BV EV-to-EBIT?

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Corre Energy BV's Enterprise Value is €69.99 Mil. Corre Energy BV's EBIT for the trailing twelve months (TTM) ended in Jun. 2023 was €-26.48 Mil. Therefore, Corre Energy BV's EV-to-EBIT for today is -2.64.

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

DUB:CORRE' s EV-to-EBIT Range Over the Past 10 Years
Min: -60.47   Med: 0   Max: 0
Current: -2.64

DUB:CORRE's EV-to-EBIT is ranked worse than
100% of 341 companies
in the Utilities - Independent Power Producers industry
Industry Median: 15.53 vs DUB:CORRE: -2.64

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Corre Energy BV's Enterprise Value for the quarter that ended in Jun. 2023 was €275.21 Mil. Corre Energy BV's EBIT for the trailing twelve months (TTM) ended in Jun. 2023 was €-26.48 Mil. Corre Energy BV's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2023 was -9.62%.


Corre Energy BV EV-to-EBIT Historical Data

The historical data trend for Corre Energy BV'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.

Corre Energy BV EV-to-EBIT Chart

Corre Energy BV Annual Data
Trend Dec19 Dec20 Dec21 Dec22
EV-to-EBIT
- - -9.85 -6.84

Corre Energy BV Semi-Annual Data
Dec19 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23
EV-to-EBIT Get a 7-Day Free Trial - -9.85 - -6.84 -

Competitive Comparison of Corre Energy BV's EV-to-EBIT

For the Utilities - Renewable subindustry, Corre Energy BV'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.


Corre Energy BV's EV-to-EBIT Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Corre Energy BV's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Corre Energy BV's EV-to-EBIT falls into.



Corre Energy BV EV-to-EBIT Calculation

Corre Energy BV's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=69.987/-26.477
=-2.64

Corre Energy BV's current Enterprise Value is €69.99 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Corre Energy BV's EBIT for the trailing twelve months (TTM) ended in Jun. 2023 was €-26.48 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.


Corre Energy BV  (DUB:CORRE) 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) %.

Corre Energy BV's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2023 is calculated as:

Earnings Yield (Joel Greenblatt) % (Q: Jun. 2023 ) =EBIT / Enterprise Value (Q: Jun. 2023 )
=-26.477/275.207518
=-9.62 %

Corre Energy BV's Enterprise Value for the quarter that ended in Jun. 2023 was €275.21 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Corre Energy BV's EBIT for the trailing twelve months (TTM) ended in Jun. 2023 was €-26.48 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.


Corre Energy BV EV-to-EBIT Related Terms

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


Corre Energy BV (DUB:CORRE) Business Description

Traded in Other Exchanges
N/A
Address
Helperpark 278-3, Groningen, NLD, 9723 ZA
Corre Energy BV is specialized in the development, construction, and operation of large-scale, underground renewable energy storage facilities. The group develops salt cavern energy storage facilities that use compressed air and hydrogen, and which enable mass energy storage for later use in offsetting the intermittent effects of renewable energy. It is also developing business activities in the production and sale of green energy.

Corre Energy BV (DUB:CORRE) Headlines

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