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Drilling Tools International (Drilling Tools International) EV-to-EBIT : 7.08 (As of May. 08, 2024)


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What is Drilling Tools International EV-to-EBIT?

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Drilling Tools International's Enterprise Value is $175.4 Mil. Drilling Tools International's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was $24.8 Mil. Therefore, Drilling Tools International's EV-to-EBIT for today is 7.08.

The historical rank and industry rank for Drilling Tools International's EV-to-EBIT or its related term are showing as below:

DTI' s EV-to-EBIT Range Over the Past 10 Years
Min: 3.06   Med: 4.36   Max: 10.83
Current: 7.08

During the past 3 years, the highest EV-to-EBIT of Drilling Tools International was 10.83. The lowest was 3.06. And the median was 4.36.

DTI's EV-to-EBIT is ranked better than
62.03% of 740 companies
in the Oil & Gas industry
Industry Median: 8.67 vs DTI: 7.08

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Drilling Tools International's Enterprise Value for the quarter that ended in Dec. 2023 was $107.2 Mil. Drilling Tools International's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was $24.8 Mil. Drilling Tools International's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 23.11%.


Drilling Tools International EV-to-EBIT Historical Data

The historical data trend for Drilling Tools International'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.

Drilling Tools International EV-to-EBIT Chart

Drilling Tools International Annual Data
Trend Dec21 Dec22 Dec23
EV-to-EBIT
70.57 14.16 5.13

Drilling Tools International Quarterly Data
Dec21 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
EV-to-EBIT Get a 7-Day Free Trial - 10.72 4.66 4.49 5.13

Competitive Comparison of Drilling Tools International's EV-to-EBIT

For the Oil & Gas Equipment & Services subindustry, Drilling Tools International'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.


Drilling Tools International's EV-to-EBIT Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Drilling Tools International's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Drilling Tools International's EV-to-EBIT falls into.



Drilling Tools International EV-to-EBIT Calculation

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

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=175.389/24.783
=7.08

Drilling Tools International's current Enterprise Value is $175.4 Mil.
Drilling Tools International'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 $24.8 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  (NAS:DTI) 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) %.

Drilling Tools International'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 )
=24.783/107.21952
=23.11 %

Drilling Tools International's Enterprise Value for the quarter that ended in Dec. 2023 was $107.2 Mil.
Drilling Tools International'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 $24.8 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 EV-to-EBIT Related Terms

Thank you for viewing the detailed overview of Drilling Tools International's EV-to-EBIT provided by GuruFocus.com. Please click on the following links to see related term pages.


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

Drilling Tools International (Drilling Tools International) Headlines