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Horizon Oil (ASX:HZN) EV-to-EBITDA : 2.51 (As of May. 10, 2024)


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What is Horizon Oil EV-to-EBITDA?

EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, Horizon Oil's enterprise value is A$237.2 Mil. Horizon Oil's EBITDA for the trailing twelve months (TTM) ended in Dec. 2023 was A$94.3 Mil. Therefore, Horizon Oil's EV-to-EBITDA for today is 2.51.

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

ASX:HZN' s EV-to-EBITDA Range Over the Past 10 Years
Min: -1.94   Med: 3.63   Max: 21.87
Current: 2.51

During the past 13 years, the highest EV-to-EBITDA of Horizon Oil was 21.87. The lowest was -1.94. And the median was 3.63.

ASX:HZN's EV-to-EBITDA is ranked better than
86.31% of 789 companies
in the Oil & Gas industry
Industry Median: 6.24 vs ASX:HZN: 2.51

EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio to determine the fair market value of a company.

As of today (2024-05-10), Horizon Oil's stock price is A$0.185. Horizon Oil's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2023 was A$0.039. Therefore, Horizon Oil's PE Ratio for today is 4.74.

The "classic" EV-to-EBITDA is much better in capturing debt and net cash than the PE Ratio.


Horizon Oil EV-to-EBITDA Historical Data

The historical data trend for Horizon Oil's EV-to-EBITDA 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.

Horizon Oil EV-to-EBITDA Chart

Horizon Oil Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
EV-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.56 -1.10 9.03 2.37 1.88

Horizon Oil Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
EV-to-EBITDA 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 - 2.37 - 1.88 -

Competitive Comparison of Horizon Oil's EV-to-EBITDA

For the Oil & Gas E&P subindustry, Horizon Oil's EV-to-EBITDA, along with its competitors' market caps and EV-to-EBITDA 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.


Horizon Oil's EV-to-EBITDA Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Horizon Oil's EV-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Horizon Oil's EV-to-EBITDA falls into.



Horizon Oil EV-to-EBITDA Calculation

Horizon Oil's EV-to-EBITDA for today is calculated as:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA (TTM)
=237.158/94.321
=2.51

Horizon Oil's current Enterprise Value is A$237.2 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Horizon Oil's EBITDA for the trailing twelve months (TTM) ended in Dec. 2023 was A$94.3 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.


Horizon Oil  (ASX:HZN) EV-to-EBITDA Explanation

EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio to determine the fair market value of a company.

Horizon Oil's PE Ratio for today is calculated as:

PE Ratio=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=0.185/0.039
=4.74

Horizon Oil's share price for today is A$0.185.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Horizon Oil's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2023 was A$0.039.

* 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.

Study has found that the companies with the lowest EV-to-EBITDA outperforms companies measured as cheap by other ratios such as PE Ratio.

Please read Which price ratio outperforms the enterprise multiple?


Horizon Oil EV-to-EBITDA Related Terms

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


Horizon Oil (ASX:HZN) Business Description

Traded in Other Exchanges
Address
360 Kent Street, Level 4, Sydney, NSW, AUS, 2000
Horizon Oil Ltd is engaged in petroleum exploration, development, and production. The company's exploration, development, and production activities are focused on Southeast Asia. The operating segments of the group are New Zealand exploration and development, China exploration and development, and All other segments. It generates the prime revenue from New Zealand's exploration and development segment in which the group is involved in the development and production of crude oil and oil field development and in the exploration and evaluation of hydrocarbons. The operations of the organization are carried out in China and New Zealand.

Horizon Oil (ASX:HZN) Headlines

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