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, SM Energy Co's Enterprise Value is $6,776 Mil.
SM Energy Co's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 was $914 Mil. Therefore, SM Energy Co's EV-to-EBIT ratio for today is 7.41.
EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, SM Energy Co's Enterprise Value is $6,776 Mil.
SM Energy Co's EBITDA for the trailing twelve months (TTM) ended in Mar. 2024 was $1,617 Mil. Therefore, SM Energy Co's EV-to-EBITDA ratio for today is 4.19.
EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, SM Energy Co's Enterprise Value is $6,776 Mil.
SM Energy Co's Revenue for the trailing twelve months (TTM) ended in Mar. 2024 was $2,353 Mil. Therefore, SM Energy Co's EV-to-Revenue ratio for today is 2.88.
SM Energy Co Enterprise Value Historical Data
The historical data trend for SM Energy Co'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.
Competitive Comparison of SM Energy Co's Enterprise Value
For the Oil & Gas E&P subindustry, SM Energy Co'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.
SM Energy Co's Enterprise Value Distribution in the Oil & Gas Industry
For the Oil & Gas industry and Energy sector, SM Energy Co's Enterprise Value distribution charts can be found below:
* The bar in red indicates where SM Energy Co's Enterprise Value falls into.
SM Energy Co 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.
SM Energy Co's Enterprise Value for the fiscal year that ended in Dec. 2023 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.
SM Energy Co (NYSE:SM) 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.
SM Energy Co's current Enterprise Value is $6,776 Mil.
SM Energy Co'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 $914 Mil.
2. EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA.
SM Energy Co's current Enterprise Value is $6,776 Mil.
SM Energy Co's EBITDA 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 $1,617 Mil.
SM Energy Co's current Enterprise Value is $6,776 Mil.
SM Energy Co's Revenue 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 $2,353 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.
SM Energy Co Enterprise Value Related Terms
Thank you for viewing the detailed overview of SM Energy Co's Enterprise Value provided by GuruFocus.com. Please click on the following links to see related term pages.
SM Energy Co is an independent energy company engaged in the acquisition, exploration, development, and production of crude oil and condensate, natural gas, and natural gas liquids. Operating primarily out of the United States, the company actively participates in joint ventures, prospects/leaseholds, and drill-to-earn opportunities. The majority of the company's revenue is derived from some of the United States' premier drilling locations. Drilling location interests have been traditionally obtained through oil and gas leases from third parties. SM Energy relies on its fleet of geologists, geophysicists, landmen, and engineers to help extract the full potential out of all properties held.
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