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, Texas Pacific Land's Enterprise Value is $12,895.6 Mil.
Texas Pacific Land's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was $486.1 Mil. Therefore, Texas Pacific Land's EV-to-EBIT ratio for today is 26.53.
EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, Texas Pacific Land's Enterprise Value is $12,895.6 Mil.
Texas Pacific Land's EBITDA for the trailing twelve months (TTM) ended in Dec. 2023 was $500.8 Mil. Therefore, Texas Pacific Land's EV-to-EBITDA ratio for today is 25.75.
EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, Texas Pacific Land's Enterprise Value is $12,895.6 Mil.
Texas Pacific Land's Revenue for the trailing twelve months (TTM) ended in Dec. 2023 was $631.6 Mil. Therefore, Texas Pacific Land's EV-to-Revenue ratio for today is 20.42.
Texas Pacific Land Enterprise Value Historical Data
The historical data trend for Texas Pacific Land'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.
Competitive Comparison of Texas Pacific Land's Enterprise Value
For the Oil & Gas E&P subindustry, Texas Pacific Land'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.
Texas Pacific Land's Enterprise Value Distribution in the Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Texas Pacific Land's Enterprise Value distribution charts can be found below:
* The bar in red indicates where Texas Pacific Land's Enterprise Value falls into.
Texas Pacific Land 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.
Texas Pacific Land's Enterprise Value for the fiscal year that ended in Dec. 2023 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.
Texas Pacific Land (NYSE:TPL) 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.
Texas Pacific Land's current Enterprise Value is $12,895.6 Mil.
Texas Pacific Land'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 $486.1 Mil.
2. EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA.
Texas Pacific Land's current Enterprise Value is $12,895.6 Mil.
Texas Pacific Land's EBITDA 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 $500.8 Mil.
Texas Pacific Land's current Enterprise Value is $12,895.6 Mil.
Texas Pacific Land's Revenue 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 $631.6 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.
Texas Pacific Land Enterprise Value Related Terms
Thank you for viewing the detailed overview of Texas Pacific Land's Enterprise Value provided by GuruFocus.com. Please click on the following links to see related term pages.
Texas Pacific Land (Texas Pacific Land) Business Description
Texas Pacific Land Corp is mainly engaged in sales and leases of land owned, retaining oil and gas royalties, and the overall management of the land owned. It operates its business in two segments including Land and Resource Management and Water Service and Operations. The Land and Resource Management segment focuses on managing its oil and gas royalty interest and surface acres located in 19 different counties. The Water Service and Operations segment includes Water Sourcing, Produced Water Gathering / Treatment / Recycling, Infrastructure Development, Produced Water Disposal, Water Tracking / Analytics / Well Testing.
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