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Reach Subsea ASA (FRA:4RS) EV-to-EBIT : 8.61 (As of May. 20, 2024)


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What is Reach Subsea ASA EV-to-EBIT?

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Reach Subsea ASA's Enterprise Value is €278.4 Mil. Reach Subsea ASA's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 was €32.3 Mil. Therefore, Reach Subsea ASA's EV-to-EBIT for today is 8.61.

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

FRA:4RS' s EV-to-EBIT Range Over the Past 10 Years
Min: -112.71   Med: 6.14   Max: 1902.16
Current: 8.67

During the past 13 years, the highest EV-to-EBIT of Reach Subsea ASA was 1902.16. The lowest was -112.71. And the median was 6.14.

FRA:4RS's EV-to-EBIT is ranked better than
52.98% of 738 companies
in the Oil & Gas industry
Industry Median: 9.18 vs FRA:4RS: 8.67

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Reach Subsea ASA's Enterprise Value for the quarter that ended in Mar. 2024 was €269.2 Mil. Reach Subsea ASA's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 was €32.3 Mil. Reach Subsea ASA's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 12.01%.


Reach Subsea ASA EV-to-EBIT Historical Data

The historical data trend for Reach Subsea ASA'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.

Reach Subsea ASA EV-to-EBIT Chart

Reach Subsea ASA Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EV-to-EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only -15.45 5.22 7.53 7.91 5.61

Reach Subsea ASA Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 8.08 9.15 8.46 5.61 8.46

Competitive Comparison of Reach Subsea ASA's EV-to-EBIT

For the Oil & Gas Equipment & Services subindustry, Reach Subsea ASA'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.


Reach Subsea ASA's EV-to-EBIT Distribution in the Oil & Gas Industry

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

* The bar in red indicates where Reach Subsea ASA's EV-to-EBIT falls into.



Reach Subsea ASA EV-to-EBIT Calculation

Reach Subsea ASA's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=278.416/32.329
=8.61

Reach Subsea ASA's current Enterprise Value is €278.4 Mil.
Reach Subsea ASA'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 €32.3 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.


Reach Subsea ASA  (FRA:4RS) 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) %.

Reach Subsea ASA'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 )
=32.329/269.178576
=12.01 %

Reach Subsea ASA's Enterprise Value for the quarter that ended in Mar. 2024 was €269.2 Mil.
Reach Subsea ASA'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 €32.3 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.


Reach Subsea ASA EV-to-EBIT Related Terms

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


Reach Subsea ASA (FRA:4RS) Business Description

Traded in Other Exchanges
Address
Møllervegen 6, Haugesund, NOR, 5525
Reach Subsea ASA is a Norwegian subsea service provider. The services provided by the company include vessel fleet which comprises of edda fonn which is used for survey and light construction services, havila subsea, normand reach for complex offshore operations, viking neptun for cable installation and heavy lifting, and stril explorer. It two reportable segments namely Oil and Gas and Renewable and others. The company generates maximum revenue from the Oil and Gas segment.

Reach Subsea ASA (FRA:4RS) Headlines

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