Trecora Resources EV/EBIT
What is the EV/EBIT of Trecora Resources?
The EV/EBIT of Trecora Resources is 26.45
What is the definition of EV/EBIT?
Enterprise value to earnings before interest and taxes (EV/EBIT) is a financial ratio used to measure if a stock is priced appropriately to similar stocks and the market. It is similar to the P/E ratio.
ttm (trailing twelve months)
The EV/EBIT ratio addresses some of the shortcomings of the P/E ratio. Instead of taking market capitalization, the ratio uses enterprise value, as it takes into account the true value of the company. Enterprise value includes both equity and debt. It is calculated as:
Enterprise value = market cap + total debt – cash and cash equivalents
The EV/EBIT ratio is useful in comparing peers within the wider market. A high EV/EBIT ratio indicates that a company’s stock is overvalued. On the opposite, a low EV/EBIT ratio indicates that a company’s stock is undervalued. The lower the ratio, the more financially stable a company should be. However, investors and analyst should use other ratios and information to get a full picture of a company’s financial state and actual value.
EV/EBIT of companies in the Materials sector on NYSE compared to Trecora Resources
What does Trecora Resources do?
Trecora Resources owns and operates a specialty petrochemicals facility specializing in high purity hydrocarbons and other petrochemical manufacturing and a specialty wax facility, both located in Texas, and provides custom processing services at both facilities.
Companies with ev/ebit similar to Trecora Resources
- Black Rose Industries has EV/EBIT of 26.42
- Daqo New Corp has EV/EBIT of 26.43
- BlackRock Long-Term Municipal Advantage Trust has EV/EBIT of 26.44
- Ormat Technologies Inc has EV/EBIT of 26.44
- Microchip Technology has EV/EBIT of 26.44
- Invesco Pennsylvania Value Municipal Income Trust has EV/EBIT of 26.44
- Trecora Resources has EV/EBIT of 26.45
- Spectrum Brands has EV/EBIT of 26.46
- Learning Technologies Plc has EV/EBIT of 26.48
- Golden Tobacco has EV/EBIT of 26.48
- Akzo Nobel India has EV/EBIT of 26.52
- Vesuvius India has EV/EBIT of 26.52
- American Vanguard has EV/EBIT of 26.53