Dril-Quip Inc
NYSE:DRQ
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Flotek Industries Inc
NYSE:FTK
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US |
EV/EBIT
Enterprise Value to EBIT (EV/EBIT) ratio compares a company`s total enterprise value to its earnings before interest and taxes. It shows how much investors are paying for each dollar of the company`s earnings, including both equity and debt.
Enterprise Value to EBIT (EV/EBIT) ratio compares a company`s total enterprise value to its earnings before interest and taxes. It shows how much investors are paying for each dollar of the company`s earnings, including both equity and debt.
Valuation Scenarios
If EV/EBIT returns to its 3-Year Average (114.6), the stock would be worth $15.88 (0% downside from current price).
| Scenario | EV/EBIT Value | Implied Price | Upside/Downside |
|---|---|---|---|
| Current Multiple | 114.6 | $15.88 |
0%
|
| 3-Year Average | 114.6 | $15.88 |
0%
|
| Industry Average | 14.6 | $2.03 |
-87%
|
| Country Average | 19.6 | $2.72 |
-83%
|
Forward EV/EBIT
Today’s price vs future ebit
| Today's Enterprise Value | EBIT | Forward EV/EBIT | ||
|---|---|---|---|---|
|
$872.6m
|
/ |
Jul 2024
$7.6m
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= |
|
|
$872.6m
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/ |
Dec 2024
$18.2m
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= |
|
|
$872.6m
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/ |
Dec 2025
$36.4m
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= |
|
|
$872.6m
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/ |
Dec 2026
$43.4m
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= |
|
Forward EV/EBIT shows whether today’s EV/EBIT still looks high or low once future ebit are taken into account.
Peer Comparison
| Market Cap | EV/EBIT | P/E | ||||
|---|---|---|---|---|---|---|
| US |
|
Dril-Quip Inc
NYSE:DRQ
|
1.1B USD | 114.6 | -39.2 | |
| US |
|
Schlumberger NV
NYSE:SLB
|
81.9B USD | 15.6 | 24.3 | |
| US |
B
|
Baker Hughes Co
NASDAQ:BKR
|
63.7B USD | 17.9 | 24.6 | |
| US |
|
Halliburton Co
NYSE:HAL
|
33.1B USD | 12.3 | 25.8 | |
| LU |
|
Tenaris SA
MIL:TEN
|
26.7B EUR | 12.5 | 16.3 | |
| UK |
|
TechnipFMC PLC
NYSE:FTI
|
29B USD | 20.2 | 30.1 | |
| CN |
|
Yantai Jereh Oilfield Services Group Co Ltd
SZSE:002353
|
125.1B CNY | 37 | 47.6 | |
| UK |
|
Subsea 7 SA
OSE:SUBC
|
91.7B NOK | 12.1 | 23.4 | |
| IT |
|
Saipem SpA
MIL:SPM
|
8.1B EUR | 10.8 | 26.7 | |
| FR |
|
Technip Energies NV
PAR:TE
|
7B EUR | 11.1 | 19.3 | |
| CN |
|
Sinopec Oilfield Service Corp
SSE:600871
|
50.6B CNY | 39.9 | 78.3 |
Market Distribution
| Min | 0 |
| 30th Percentile | 13.6 |
| Median | 19.6 |
| 70th Percentile | 27.8 |
| Max | 1 826 183.2 |
Other Multiples
Dril-Quip Inc
Glance View
In the complex web of the global oil and gas industry, Dril-Quip Inc. emerges as a steadfast player, leveraging its expertise in engineering and manufacturing to cater to the upstream sector. Founded in 1981, this Houston-based company carved its niche by offering a comprehensive range of highly engineered drilling and production equipment. The brand's very essence revolves around innovation, crafting products such as subsea and surface wellheads, production trees, and specialty connectors, which are instrumental in facilitating the exploration and production of hydrocarbons. Dril-Quip’s equipment is known for its ability to withstand extreme conditions, making it indispensable to oil and gas operators striving to access ever more remote and challenging environments. Dril-Quip’s business model is anchored in its ability to supply robust and reliable hardware that addresses the stringent operational demands of its clients, predominantly major and independent oil and gas companies. Revenue flows not just from the sale of equipment but also from providing ancillary services like technical support, equipment refurbishment, and maintenance. The company's competitive edge lies in its commitment to advanced manufacturing processes and quality assurance, ensuring long-term relationships with its customers through reliability and performance. Even as global energy dynamics undergo transformation, Dril-Quip remains adaptive, channeling its engineering prowess toward meeting the evolving needs of an industry in flux, positioning itself to thrive amidst industry fluctuations by focusing sharply on technological excellence and customer-centric solutions.
