Ring Energy (STU:KWE1) EV-to-EBIT : 6.47 (As of May. 30, 2024)

Ring Energy EV-to-EBIT Chart

Ring Energy Annual Data
	Trend	Dec14	Dec15	Dec16	Dec17	Dec18	Dec19	Dec20	Dec21	Dec22	Dec23
EV-to-EBIT		Get a 7-Day Free Trial					9.42	-1.52	28.97	4.98	4.82

Ring Energy 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															3.78	3.87	7.87	4.82	6.72

Competitive Comparison of Ring Energy's EV-to-EBIT

For the Oil & Gas E&P subindustry, Ring Energy'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.

Ring Energy's EV-to-EBIT Distribution in the Oil & Gas Industry

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

* The bar in red indicates where Ring Energy's EV-to-EBIT falls into.

Ring Energy EV-to-EBIT Calculation

Ring Energy's EV-to-EBIT for today is calculated as:

Ring Energy's current Enterprise Value is €719.9 Mil.
Ring Energy'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 €111.3 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.

Ring Energy  (STU:KWE1) 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) %.

Ring Energy's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 is calculated as:

Ring Energy's Enterprise Value for the quarter that ended in Mar. 2024 was €739.4 Mil.
Ring Energy'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 €111.3 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.

Ring Energy EV-to-EBIT Related Terms

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Ring Energy (STU:KWE1) Business Description