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Tenth Avenue Petroleum (TSXV:TPC) EV-to-EBIT : -2.45 (As of Jun. 08, 2024)


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What is Tenth Avenue Petroleum EV-to-EBIT?

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Tenth Avenue Petroleum's Enterprise Value is C$3.36 Mil. Tenth Avenue Petroleum's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 was C$-1.37 Mil. Therefore, Tenth Avenue Petroleum's EV-to-EBIT for today is -2.45.

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

TSXV:TPC' s EV-to-EBIT Range Over the Past 10 Years
Min: -82.57   Med: -2.48   Max: 48.28
Current: -2.45

During the past 13 years, the highest EV-to-EBIT of Tenth Avenue Petroleum was 48.28. The lowest was -82.57. And the median was -2.48.

TSXV:TPC's EV-to-EBIT is ranked worse than
100% of 738 companies
in the Oil & Gas industry
Industry Median: 9.01 vs TSXV:TPC: -2.45

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Tenth Avenue Petroleum's Enterprise Value for the quarter that ended in Mar. 2024 was C$4.71 Mil. Tenth Avenue Petroleum's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 was C$-1.37 Mil. Tenth Avenue Petroleum's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was -29.16%.


Tenth Avenue Petroleum EV-to-EBIT Historical Data

The historical data trend for Tenth Avenue Petroleum'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.

Tenth Avenue Petroleum EV-to-EBIT Chart

Tenth Avenue Petroleum 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 -3.82 -22.57 14.64 -3.84 -3.24

Tenth Avenue Petroleum 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 -3.00 -1.49 -1.79 -3.24 -3.43

Competitive Comparison of Tenth Avenue Petroleum's EV-to-EBIT

For the Oil & Gas E&P subindustry, Tenth Avenue Petroleum'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.


Tenth Avenue Petroleum's EV-to-EBIT Distribution in the Oil & Gas Industry

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

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



Tenth Avenue Petroleum EV-to-EBIT Calculation

Tenth Avenue Petroleum's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=3.363/-1.374
=-2.45

Tenth Avenue Petroleum's current Enterprise Value is C$3.36 Mil.
Tenth Avenue Petroleum's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was C$-1.37 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.


Tenth Avenue Petroleum  (TSXV:TPC) 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) %.

Tenth Avenue Petroleum'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 )
=-1.374/4.712292
=-29.16 %

Tenth Avenue Petroleum's Enterprise Value for the quarter that ended in Mar. 2024 was C$4.71 Mil.
Tenth Avenue Petroleum's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was C$-1.37 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.


Tenth Avenue Petroleum EV-to-EBIT Related Terms

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Tenth Avenue Petroleum (TSXV:TPC) Business Description

Traded in Other Exchanges
N/A
Address
188 - 15th Avenue SW, Suite 2003, Calgary, AB, CAN, T2R 1S4
Tenth Avenue Petroleum Corp is a junior oil and gas exploration, production and development company. It explores and develops petroleum and natural gas properties in Western Canada. The company generates its revenue from the sale of oil, natural gas and NGLs. Its property comprises oil and natural gas assets and water-well assets.
Executives
Fern Macdonald 10% Security Holder