EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, CNOOC's Enterprise Value is €105,243 Mil.
CNOOC's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 was €24,031 Mil. Therefore, CNOOC's EV-to-EBIT for today is 4.38.
The historical rank and industry rank for CNOOC's EV-to-EBIT or its related term are showing as below:
FRA:NC2B'
s EV-to-EBIT Range Over the Past 10 Years
Min: 1.56 Med: 2.72 Max: 16.4
Current: 4.34
During the past 13 years, the highest EV-to-EBIT of CNOOC was 16.40. The lowest was 1.56. And the median was 2.72.
FRA:NC2B's EV-to-EBIT is ranked better than 78.08% of 739
companies
in the Oil & Gas industry
Industry Median: 8.56
vs FRA:NC2B: 4.34
The historical data trend for CNOOC'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.
For the Oil & Gas E&P subindustry, CNOOC'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.
CNOOC's EV-to-EBIT Distribution in the Oil & Gas Industry
For the Oil & Gas industry and Energy sector, CNOOC's EV-to-EBIT distribution charts can be found below:
* The bar in red indicates where CNOOC's EV-to-EBIT falls into.
CNOOC's current Enterprise Value is €105,243 Mil.
CNOOC'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 €24,031 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.
CNOOC (FRA:NC2B) 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.
CNOOC's Enterprise Value for the quarter that ended in Mar. 2024 was €88,423 Mil.
CNOOC'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 €24,031 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.
CNOOC EV-to-EBIT Related Terms
Thank you for viewing the detailed overview of CNOOC's EV-to-EBIT provided by GuruFocus.com. Please click on the following links to see related term pages.
CNOOC is China's main offshore oil and gas exploration and production company. Through its parent company, it has exclusive rights to partner with foreign companies in offshore China projects. Production for 2022 averaged 1.71 million barrels of oil equivalent per day (78.5% oil), and year-end proven reserves were 6.24 billion barrels of oil equivalent, or boe, (73.8% oil). Assets outside China make up around 30.6% of production.
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