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Africa Energy (TSXV:AFE) EV-to-EBIT : -0.71 (As of May. 21, 2024)


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What is Africa Energy EV-to-EBIT?

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Africa Energy's Enterprise Value is C$134.57 Mil. Africa Energy's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 was C$-188.95 Mil. Therefore, Africa Energy's EV-to-EBIT for today is -0.71.

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

TSXV:AFE' s EV-to-EBIT Range Over the Past 10 Years
Min: -119   Med: 0   Max: 0
Current: -0.71

TSXV:AFE's EV-to-EBIT is ranked worse than
100% of 738 companies
in the Oil & Gas industry
Industry Median: 9.185 vs TSXV:AFE: -0.71

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Africa Energy's Enterprise Value for the quarter that ended in Mar. 2024 was C$120.44 Mil. Africa Energy's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 was C$-188.95 Mil. Africa Energy's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was -156.88%.


Africa Energy EV-to-EBIT Historical Data

The historical data trend for Africa Energy'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.

Africa Energy EV-to-EBIT Chart

Africa Energy Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EV-to-EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only -28.30 -97.62 11.91 -9.15 -0.88

Africa 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 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 -9.24 -6.31 -5.70 -0.88 -0.64

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

For the Oil & Gas E&P subindustry, Africa 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.


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

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

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



Africa Energy EV-to-EBIT Calculation

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

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=134.569/-188.948
=-0.71

Africa Energy's current Enterprise Value is C$134.57 Mil.
Africa Energy's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was C$-188.95 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.


Africa Energy  (TSXV:AFE) 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) %.

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

Earnings Yield (Joel Greenblatt) % (Q: Mar. 2024 ) =EBIT / Enterprise Value (Q: Mar. 2024 )
=-188.948/120.4438
=-156.88 %

Africa Energy's Enterprise Value for the quarter that ended in Mar. 2024 was C$120.44 Mil.
Africa Energy's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was C$-188.95 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.


Africa Energy EV-to-EBIT Related Terms

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


Africa Energy (TSXV:AFE) Business Description

Traded in Other Exchanges
Address
885 West Georgia Street, Suite 2000, Vancouver, BC, CAN, V6C 3E8
Africa Energy Corp is an Canadian based oil and gas exploration company focused on South Africa. The company has exploration assets in South Africa and Namibia. The operations of the company include Block 11B/12B and Block 2B in South Africa as well as Petroleum Exploration License 37 in Namibia.