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Source Rock Royalties (TSXV:SRR) EV-to-EBIT : 20.66 (As of May. 11, 2024)


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What is Source Rock Royalties EV-to-EBIT?

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Source Rock Royalties's Enterprise Value is C$37.89 Mil. Source Rock Royalties's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was C$1.83 Mil. Therefore, Source Rock Royalties's EV-to-EBIT for today is 20.66.

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

TSXV:SRR' s EV-to-EBIT Range Over the Past 10 Years
Min: 4.81   Med: 10.12   Max: 30.95
Current: 20.66

During the past 4 years, the highest EV-to-EBIT of Source Rock Royalties was 30.95. The lowest was 4.81. And the median was 10.12.

TSXV:SRR's EV-to-EBIT is ranked worse than
84.27% of 744 companies
in the Oil & Gas industry
Industry Median: 8.835 vs TSXV:SRR: 20.66

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Source Rock Royalties's Enterprise Value for the quarter that ended in Dec. 2023 was C$36.08 Mil. Source Rock Royalties's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was C$1.83 Mil. Source Rock Royalties's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 5.08%.


Source Rock Royalties EV-to-EBIT Historical Data

The historical data trend for Source Rock Royalties'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.

Source Rock Royalties EV-to-EBIT Chart

Source Rock Royalties Annual Data
Trend Dec20 Dec21 Dec22 Dec23
EV-to-EBIT
- - 6.64 19.66

Source Rock Royalties Quarterly Data
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 6.64 8.68 14.55 14.22 19.66

Competitive Comparison of Source Rock Royalties's EV-to-EBIT

For the Oil & Gas Midstream subindustry, Source Rock Royalties'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.


Source Rock Royalties's EV-to-EBIT Distribution in the Oil & Gas Industry

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

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



Source Rock Royalties EV-to-EBIT Calculation

Source Rock Royalties's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=37.889/1.834
=20.66

Source Rock Royalties's current Enterprise Value is C$37.89 Mil.
Source Rock Royalties'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 C$1.83 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.


Source Rock Royalties  (TSXV:SRR) 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) %.

Source Rock Royalties'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 )
=1.834/36.080228
=5.08 %

Source Rock Royalties's Enterprise Value for the quarter that ended in Dec. 2023 was C$36.08 Mil.
Source Rock Royalties'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 C$1.83 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.


Source Rock Royalties EV-to-EBIT Related Terms

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Source Rock Royalties (TSXV:SRR) Business Description

Traded in Other Exchanges
Address
421 - 7th Avenue S.W, 30th Floor, Calgary, AB, CAN, T2P 4K9
Source Rock Royalties Ltd is a pure-play oil and gas royalty company with an existing, light oil-focused portfolio of royalty interests concentrated in southeast Saskatchewan, east-central Alberta, west-central Alberta, and west-central Saskatchewan.
Executives
Bradley Robert Docherty Director, Senior Officer
Shaun Ashton Thiessen Director

Source Rock Royalties (TSXV:SRR) Headlines

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