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Drilling Tools International (Drilling Tools International) Enterprise Value : $199.6 Mil (As of May. 19, 2024)


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What is Drilling Tools International Enterprise Value?

Think of Enterprise Value as the theoretical takeover price. It is more comprehensive than market capitalization (Market Cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Drilling Tools International's Enterprise Value is $199.6 Mil. Drilling Tools International's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 was $21.1 Mil. Therefore, Drilling Tools International's EV-to-EBIT ratio for today is 9.46.

EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, Drilling Tools International's Enterprise Value is $199.6 Mil. Drilling Tools International's EBITDA for the trailing twelve months (TTM) ended in Mar. 2024 was $41.8 Mil. Therefore, Drilling Tools International's EV-to-EBITDA ratio for today is 4.78.

EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, Drilling Tools International's Enterprise Value is $199.6 Mil. Drilling Tools International's Revenue for the trailing twelve months (TTM) ended in Mar. 2024 was $148.2 Mil. Therefore, Drilling Tools International's EV-to-Revenue ratio for today is 1.35.


Drilling Tools International Enterprise Value Historical Data

The historical data trend for Drilling Tools International's Enterprise Value 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.

Drilling Tools International Enterprise Value Chart

Drilling Tools International Annual Data
Trend Dec21 Dec22 Dec23
Enterprise Value
220.23 357.56 107.22

Drilling Tools International Quarterly Data
Dec21 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Enterprise Value Get a 7-Day Free Trial Premium Member Only 340.32 141.27 130.81 107.22 117.49

Competitive Comparison of Drilling Tools International's Enterprise Value

For the Oil & Gas Equipment & Services subindustry, Drilling Tools International's Enterprise Value, along with its competitors' market caps and Enterprise Value 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.


Drilling Tools International's Enterprise Value Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Drilling Tools International's Enterprise Value distribution charts can be found below:

* The bar in red indicates where Drilling Tools International's Enterprise Value falls into.



Drilling Tools International Enterprise Value Calculation

Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.

Drilling Tools International's Enterprise Value for the fiscal year that ended in Dec. 2023 is calculated as

Drilling Tools International's Enterprise Value for the quarter that ended in Mar. 2024 is calculated as

* 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.


Drilling Tools International  (NAS:DTI) Enterprise Value Explanation

When an investor buy a company, the investor needs to pay not only the common shares, he/she also needs to pay the shareholders of Preferred Stocks. He also assumes the debt of the company, and receives the cash on the company's balance sheet.

If a company has more cash than debt, the investor actually pays less than the Market Cap because he immediately owns the cash once the transaction goes through.

The market value of Preferred Stock needs to be added to the market value of common stocks in the calculation of Enterprise Value.

For the companies with the same Market Cap, the smaller the Enterprise Value is, the cheaper the company is.

Enterprise Value can be negative when the company's net cash is more than its Market Cap. In this case the investor is basically getting the company for free and get paid for that.

1. EV-to-EBIT is calculated as Enterprise Value divided by its EBIT.

Drilling Tools International's EV-to-EBIT for today is

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=199.647/21.107
=9.46

Drilling Tools International's current Enterprise Value is $199.6 Mil.
Drilling Tools International'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 $21.1 Mil.

2. EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA.

Drilling Tools International's EV-to-EBITDA for today is:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA(TTM)
=199.647/41.809
=4.78

Drilling Tools International's current Enterprise Value is $199.6 Mil.
Drilling Tools International's EBITDA 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 $41.8 Mil.

3. EV-to-Revenue is calculated as Enterprise Value divided by its Revenue.

Drilling Tools International's EV-to-Revenue for today is:

EV-to-Revenue=Enterprise Value (Today)/Revenue (TTM)
=199.647/148.209
=1.35

Drilling Tools International's current Enterprise Value is $199.6 Mil.
Drilling Tools International's Revenue 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 $148.2 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.


Drilling Tools International Enterprise Value Related Terms

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Drilling Tools International (Drilling Tools International) Business Description

Traded in Other Exchanges
N/A
Address
3701 Briarpark Drive, Suite 150, Houston, TX, USA, 77042
Drilling Tools International Corp Formerly Drilling Tools International Holdings Inc is an oilfield services company. It manufactures, rents, inspects, and refurbishes downhole drilling tools primarily for companies in the oil and natural gas industry for bottom hole assemblies used in onshore and offshore horizontal and directional drilling. The Company's United States operations have locations in Texas, California, Louisiana, Oklahoma, Pennsylvania, North Dakota, New Mexico, Utah, Wyoming and international operations are located in Canada.
Executives
Thomas Monroe Patterson director 801 CHERRY STREET, SUITE 2100, FORT WORTH TX 76102
Thomas O Hicks director, 10 percent owner 2200 ROSS AVENUE, SUITE 4600 W, DALLAS TX 75201
David Richard Johnson officer: Chief Financial Officer 27215 SYMPHONY CREEK LN, FULSHEAR TX 77441
Robert Wayne Prejean director, officer: CEO, President 3701 BRIARPARK DRIVE, SUITE 150, HOUSTON TX 77042
Domino Michael Wayne Jr. officer: President, DTR Division 3701 BRIARPARK DRIVE, SUITE 150, HOUSTON TX 77042
Vermillion Charles Richard Jr. director 4605 POST OAK PLACE #202, HOUSTON TX 77027
L.p. Hhep-directional, 10 percent owner 2200 ROSS AVENUE, 50TH FLOOR, DALLAS TX 75201
Curt L. Crofford director 100 CRESCENT COURT, SUITE 1200, DALLAS TX 75201
Eric C Neuman director 100 CRESCENT COURT, SUITE 1200, DALLAS TX 75201
Jack D Furst director 2591 LAKESIDE PARKWAY, SUITE 100, FLOWER MOUND TX 75022
Roc Energy Holdings, Llc 10 percent owner 16400 DALLAS PARKWAY, DALLAS TX 75248
Daniel Jeffrey Kimes director, officer: Chief Executive Officer 16400 DALLAS PARKWAY, DALLAS TX 75248
Joseph Drysdale director 16400 DALLAS PARKWAY, DALLAS TX 75248
Win Graham director 16400 DALLAS PARKWAY, DALLAS TX 75248
Rosemarie Cicalese officer: Chief Financial Officer 16400 DALLAS PARKWAY, DALLAS TX 75248

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