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Enbridge (Enbridge) EV-to-EBIT

: 15.11 (As of Today)
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EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Enbridge's Enterprise Value is $131,647 Mil. Enbridge's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was $8,714 Mil. Therefore, Enbridge's EV-to-EBIT for today is 15.11.

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

ENB' s EV-to-EBIT Range Over the Past 10 Years
Min: 14.64   Med: 25.87   Max: 78.44
Current: 15.69

During the past 13 years, the highest EV-to-EBIT of Enbridge was 78.44. The lowest was 14.64. And the median was 25.87.

ENB's EV-to-EBIT is ranked worse than
76.87% of 735 companies
in the Oil & Gas industry
Industry Median: 8.5 vs ENB: 15.69

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Enbridge's Enterprise Value for the quarter that ended in Dec. 2023 was $140,028 Mil. Enbridge's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was $8,714 Mil. Enbridge's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 6.22%.


Enbridge EV-to-EBIT Historical Data

The historical data trend for Enbridge'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.

Enbridge Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EV-to-EBIT
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 17.53 22.70 17.80 25.45 15.89

Enbridge Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
EV-to-EBIT 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 Premium Member Only Premium Member Only Premium Member Only 25.45 25.30 19.72 20.75 15.89

Competitive Comparison

For the Oil & Gas Midstream subindustry, Enbridge'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.


Enbridge EV-to-EBIT Distribution

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

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



Enbridge EV-to-EBIT Calculation

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

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=131646.796/8714.27
=15.11

Enbridge's current Enterprise Value is $131,647 Mil.
Enbridge's EBIT 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 $8,714 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.


Enbridge  (NYSE:ENB) 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) %.

Enbridge's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 is calculated as:

Earnings Yield (Joel Greenblatt) % (Q: Dec. 2023 ) =EBIT / Enterprise Value (Q: Dec. 2023 )
=8714.27/140028.2974
=6.22 %

Enbridge's Enterprise Value for the quarter that ended in Dec. 2023 was $140,028 Mil.
Enbridge's EBIT 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 $8,714 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.


Enbridge EV-to-EBIT Related Terms

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


Enbridge (Enbridge) Business Description

Address
425 - 1st Street S.W., Suite 200, Calgary, AB, CAN, T2P 3L8
Enbridge owns extensive midstream assets that transport hydrocarbons across the U.S. and Canada. Its pipeline network consists of the Canadian Mainline system, regional oil sands pipelines, and natural gas pipelines. The company also owns and operates a regulated natural gas utility and Canada's largest natural gas distribution company. The firm has a small renewables portfolio primarily focused on onshore and offshore wind projects.
Executives
Albert Monaco director, officer: See Remarks #3000, 425 - 1ST STREET SW, CALGARY A0 T2P 3L8
Mark A. Maki officer: See remarks 425 - 1ST STREET S.W., CALGARY A0 T2P 3L8
Gruending Colin K officer: See Remarks 75 DISCOVERY RIDGE PLACE SW, CALGARY A0 T3H 5G4
Laura Buss Sayavedra officer: See Remarks 5400 WESTHEIMER COURT, HOUSTON TX 77056
William T. Yardley officer: See Remarks 5400 WESTHEIMER COURT, HOUSTON TX 77056
Susan M Cunningham director NOBLE ENERGY, INC., 1001 NOBLE ENERGY WAY, HOUSTON TX 77070
Cynthia L Hansen officer: See Remarks 500 CONSUMERS ROAD, NORTH YORK A6 M2J 1P8
Allen C Capps officer: See Remarks 5400 WESTHEIMER COURT, HOUSTON TX 77056-5310
D Guy Jarvis officer: See Remarks 3000, 425 - 1ST STREET SW, CALGARY A0 T2P 3L8
Teresa S Madden director 414 NICOLLET MALL, MINNEAPOLIS MN 55401
Byron C Neiles officer: See Remarks 3000, 425 1ST STREET SW, CALGARY A0 T2P 3L8
Robert R Rooney officer: See Remarks
John K Whelen officer: See Remarks 425 - 1ST STREET SW, CALGARY A0 T2P 3L8
Vernon D Yu officer: See Remarks 425 - 1ST STREET SW, CALGARY A0 T2P 3L8
Dan C Tutcher director 5400 WESTHEIMER COURT, HOUSTON TX 77056