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PNM Resources (FRA:98P) EV-to-EBITDA : 12.85 (As of May. 04, 2024)


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What is PNM Resources EV-to-EBITDA?

EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, PNM Resources's enterprise value is €7,810 Mil. PNM Resources's EBITDA for the trailing twelve months (TTM) ended in Dec. 2023 was €608 Mil. Therefore, PNM Resources's EV-to-EBITDA for today is 12.85.

The historical rank and industry rank for PNM Resources's EV-to-EBITDA or its related term are showing as below:

FRA:98P' s EV-to-EBITDA Range Over the Past 10 Years
Min: 7.16   Med: 11.42   Max: 20.75
Current: 12.76

During the past 13 years, the highest EV-to-EBITDA of PNM Resources was 20.75. The lowest was 7.16. And the median was 11.42.

FRA:98P's EV-to-EBITDA is ranked worse than
69.94% of 479 companies
in the Utilities - Regulated industry
Industry Median: 9.53 vs FRA:98P: 12.76

EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio to determine the fair market value of a company.

As of today (2024-05-04), PNM Resources's stock price is €35.20. PNM Resources's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2023 was €0.847. Therefore, PNM Resources's PE Ratio for today is 41.56.

The "classic" EV-to-EBITDA is much better in capturing debt and net cash than the PE Ratio.


PNM Resources EV-to-EBITDA Historical Data

The historical data trend for PNM Resources's EV-to-EBITDA 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.

PNM Resources EV-to-EBITDA Chart

PNM Resources Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EV-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 15.21 11.97 11.83 12.67 13.83

PNM Resources Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
EV-to-EBITDA 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 11.43 10.44 11.93 13.83 -

Competitive Comparison of PNM Resources's EV-to-EBITDA

For the Utilities - Regulated Electric subindustry, PNM Resources's EV-to-EBITDA, along with its competitors' market caps and EV-to-EBITDA 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.


PNM Resources's EV-to-EBITDA Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, PNM Resources's EV-to-EBITDA distribution charts can be found below:

* The bar in red indicates where PNM Resources's EV-to-EBITDA falls into.



PNM Resources EV-to-EBITDA Calculation

PNM Resources's EV-to-EBITDA for today is calculated as:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA (TTM)
=7810.227/607.816
=12.85

PNM Resources's current Enterprise Value is €7,810 Mil.
PNM Resources'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 €608 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.


PNM Resources  (FRA:98P) EV-to-EBITDA Explanation

EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio to determine the fair market value of a company.

PNM Resources's PE Ratio for today is calculated as:

PE Ratio=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=35.20/0.847
=41.56

PNM Resources's share price for today is €35.20.
PNM Resources's Earnings per Share (Diluted) 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 €0.847.

* 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.

Study has found that the companies with the lowest EV-to-EBITDA outperforms companies measured as cheap by other ratios such as PE Ratio.

Please read Which price ratio outperforms the enterprise multiple?


PNM Resources EV-to-EBITDA Related Terms

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


PNM Resources (FRA:98P) Business Description

Traded in Other Exchanges
Address
414 Silver Avenue SW, Albuquerque, NM, USA, 87102-3289
PNM Resources Inc, or PNMR, is a holding company that owns regulated utilities companies providing electricity and electric services. PNMR segments its operations by its two subsidiaries, PNM and TNMP. PNM provides electric generation, transmission, and distribution services mainly to areas of New Mexico. While PNM uses a variety of fuel sources across its power plant portfolio, its coal and gas-fueled sites produce most of the energy. TNMP owns and operates transmission and distribution services primarily in small to medium-sized communities in Texas. Both subsidiaries generate revenue for PNMR through the sale of electricity and transmission service fees fairly evenly split between residential and commercial customers. PNM generates the vast majority of PNMR's total revenue.

PNM Resources (FRA:98P) Headlines

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