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OceanPal (OceanPal) EV-to-EBIT : -1.17 (As of Jun. 05, 2024)


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What is OceanPal EV-to-EBIT?

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, OceanPal's Enterprise Value is $1.25 Mil. OceanPal's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was $-1.07 Mil. Therefore, OceanPal's EV-to-EBIT for today is -1.17.

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

OP' s EV-to-EBIT Range Over the Past 10 Years
Min: -64.83   Med: -2   Max: 21.01
Current: -1.17

During the past 5 years, the highest EV-to-EBIT of OceanPal was 21.01. The lowest was -64.83. And the median was -2.00.

OP's EV-to-EBIT is ranked worse than
100% of 851 companies
in the Transportation industry
Industry Median: 12.06 vs OP: -1.17

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. OceanPal's Enterprise Value for the quarter that ended in Dec. 2023 was $1.77 Mil. OceanPal's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was $-1.07 Mil. OceanPal's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was -60.19%.


OceanPal EV-to-EBIT Historical Data

The historical data trend for OceanPal'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.

OceanPal EV-to-EBIT Chart

OceanPal Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
EV-to-EBIT
- - - -8.76 -1.66

OceanPal Quarterly Data
Dec19 Jun20 Dec20 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 -8.76 -38.26 -13.69 1.22 -1.66

Competitive Comparison of OceanPal's EV-to-EBIT

For the Marine Shipping subindustry, OceanPal'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.


OceanPal's EV-to-EBIT Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, OceanPal's EV-to-EBIT distribution charts can be found below:

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



OceanPal EV-to-EBIT Calculation

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

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=1.249/-1.068
=-1.17

OceanPal's current Enterprise Value is $1.25 Mil.
OceanPal'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 $-1.07 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.


OceanPal  (NAS:OP) 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) %.

OceanPal'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 )
=-1.068/1.774378
=-60.19 %

OceanPal's Enterprise Value for the quarter that ended in Dec. 2023 was $1.77 Mil.
OceanPal'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 $-1.07 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.


OceanPal EV-to-EBIT Related Terms

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


OceanPal (OceanPal) Business Description

Traded in Other Exchanges
N/A
Address
c/o Steamship Shipbroking Enterprises Inc, Pendelis 26, Palaio Faliro, Athens, GRC, 175 64
OceanPal Inc is a provider of shipping transportation services. It specializes in the ownership of vessels. Each of its vessels is owned through a separate wholly-owned subsidiary.