Coro Plc EV/EBITDA
What is the EV/EBITDA of Coro Plc?
The EV/EBITDA of Coro Energy Plc is N/A
What is the definition of EV/EBITDA?
EV/EBITDA is enterprise value divided by earnings before interest, tax, depreciation, and amortization. It is a measure of how expensive a stock is and is more frequently valid for comparisons across companies than the price to earnings ratio. It measures the price (in the form of enterprise value) an investor pays for the benefit of the company’s cash flow (in the form of EBITDA).
= enterprise value / EBITDA
Price to earnings ratios are impacted by a company's choice of capital structure - companies which raise money via debt will have lower P/Es (and therefore look cheaper) than companies that raise an equivalent amount of money by issuing shares, even though the two companies might have equivalent enterprise values. A sample case is when a company with debt were to raise money by issuing shares of stock, and then used the money to pay off the debt, this company's P/E ratio would shoot up because of the increased number of shares - although nothing about the fundamental value of the business has changed. EV / EBITDA is unaffected by capital structure as enterprise value includes the value of debt, and EBITDA is available to all investors (debt and equity) as it excludes interest payments on that debt. It is ideal for analysts and potential investors looking to compare companies within the same industry.
EV/EBITDA of companies in the Energy sector on LSE compared to Coro Plc
What does Coro Plc do?
Coro Energy plc engages in the exploration, development, and production of oil and natural gas in South East Asia. Its asset portfolio is situated in the west Natuna basin, offshore Indonesia. The company was formerly known as Saffron Energy Plc and changed its name to Coro Energy plc in April 2018. The company was incorporated in 2016 and is based in Leeds, the United Kingdom.
Companies with ev/ebitda similar to Coro Plc
- Tronic's Microsystems SA has EV/EBITDA of N/A
- Conroy Gold and Natural Resources plc has EV/EBITDA of N/A
- Southern Arc Minerals has EV/EBITDA of N/A
- Armour has EV/EBITDA of N/A
- Golden Century International has EV/EBITDA of N/A
- Allied Sustainability and Environmental Consultants has EV/EBITDA of N/A
- Coro Plc has EV/EBITDA of N/A
- Tri Origin Exploration has EV/EBITDA of N/A
- International Millennium Mining has EV/EBITDA of N/A
- Wheelock and has EV/EBITDA of N/A
- Yorkton Ventures has EV/EBITDA of N/A
- Opko Health Inc has EV/EBITDA of N/A
- Nitco has EV/EBITDA of N/A