GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Norris Industries Inc (OTCPK:NRIS) » Definitions » Enterprise Value

Norris Industries (Norris Industries) Enterprise Value : $7.06 Mil (As of Jun. 08, 2024)


View and export this data going back to 2016. Start your Free Trial

What is Norris Industries Enterprise Value?

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, Norris Industries's Enterprise Value is $7.06 Mil. Norris Industries's EBIT for the trailing twelve months (TTM) ended in Feb. 2024 was $-0.52 Mil. Therefore, Norris Industries's EV-to-EBIT ratio for today is -13.67.

EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, Norris Industries's Enterprise Value is $7.06 Mil. Norris Industries's EBITDA for the trailing twelve months (TTM) ended in Feb. 2024 was $-0.40 Mil. Therefore, Norris Industries's EV-to-EBITDA ratio for today is -17.55.

EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, Norris Industries's Enterprise Value is $7.06 Mil. Norris Industries's Revenue for the trailing twelve months (TTM) ended in Feb. 2024 was $0.33 Mil. Therefore, Norris Industries's EV-to-Revenue ratio for today is 21.38.


Norris Industries Enterprise Value Historical Data

The historical data trend for Norris Industries'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.

* Premium members only.

Norris Industries Enterprise Value Chart

Norris Industries Annual Data
Trend Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24
Enterprise Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.09 84.83 15.28 11.21 7.15

Norris Industries Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
Enterprise Value 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 11.21 10.85 9.74 9.21 7.15

Competitive Comparison of Norris Industries's Enterprise Value

For the Oil & Gas E&P subindustry, Norris Industries'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.


Norris Industries's Enterprise Value Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Norris Industries's Enterprise Value distribution charts can be found below:

* The bar in red indicates where Norris Industries's Enterprise Value falls into.



Norris Industries 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.

Norris Industries's Enterprise Value for the fiscal year that ended in Feb. 2024 is calculated as

Norris Industries's Enterprise Value for the quarter that ended in Feb. 2024 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.


Norris Industries  (OTCPK:NRIS) 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.

Norris Industries's EV-to-EBIT for today is

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=7.055/-0.516
=-13.67

Norris Industries's current Enterprise Value is $7.06 Mil.
Norris Industries's EBIT for the trailing twelve months (TTM) ended in Feb. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.52 Mil.

2. EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA.

Norris Industries's EV-to-EBITDA for today is:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA(TTM)
=7.055/-0.402
=-17.55

Norris Industries's current Enterprise Value is $7.06 Mil.
Norris Industries's EBITDA for the trailing twelve months (TTM) ended in Feb. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.40 Mil.

3. EV-to-Revenue is calculated as Enterprise Value divided by its Revenue.

Norris Industries's EV-to-Revenue for today is:

EV-to-Revenue=Enterprise Value (Today)/Revenue (TTM)
=7.055/0.33
=21.38

Norris Industries's current Enterprise Value is $7.06 Mil.
Norris Industries's Revenue for the trailing twelve months (TTM) ended in Feb. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.33 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.


Norris Industries Enterprise Value Related Terms

Thank you for viewing the detailed overview of Norris Industries's Enterprise Value provided by GuruFocus.com. Please click on the following links to see related term pages.


Norris Industries (Norris Industries) Business Description

Traded in Other Exchanges
N/A
Address
102 Palo Pinto Street, Suite B, Weatherford, TX, USA, 76086
Norris Industries Inc is an oil and gas exploration company managed by business and oil and gas exploration veterans specializing in the oil and gas acquisition and exploration markets of the Central West Texas region. The company is engaged in the acquisition, development, and exploration of crude oil and natural gas properties. Its projects include Dawson in Permian Basin, Bend Arch Tiger in Central West Texas, Guadalupe in South Texas, Bend Arch Lion 1A, and Bend Arch Lion 1B in Central West Texas, and Marshall Walden in East Texas.
Executives
Patrick L. Norris director, 10 percent owner, officer: CEO, Pres, Sec, Treasurer 409 TERRELL CRT, NEW IBERIA LA 90563
Ross Henry Ramsey director, officer: President, CEO, CFO 401 BOYD DR #3116, GRAPEVINE TX 76051
Benjamin B Tran director 49 MONTEREY PINE DR., NEWPORT COAST CA 92657

Norris Industries (Norris Industries) Headlines

From GuruFocus

Norris Industries Releases Shareholder Update with Expansion Plan

By Marketwired Marketwired 07-24-2019