Summit Midstream Stock EBITDA

SMC Stock   37.36  0.01  0.03%   
Summit Midstream fundamentals help investors to digest information that contributes to Summit Midstream's financial success or failures. It also enables traders to predict the movement of Summit Stock. The fundamental analysis module provides a way to measure Summit Midstream's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Summit Midstream stock.
Last ReportedProjected for Next Year
EBITDA192 M136.3 M
As of November 26, 2024, EBITDA is expected to decline to about 136.3 M.
  
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Summit Midstream Company EBITDA Analysis

Summit Midstream's EBITDA stands for earnings before interest, taxes, depreciation, and amortization. It is a measure of a company operating cash flow based on data from the company income statement and is a very good way to compare companies within industries or across different sectors. However, unlike Operating Cash Flow, EBITDA does not include the effects of changes in working capital.

EBITDA

 = 

Revenue

-

Basic Expenses

More About EBITDA | All Equity Analysis

Current Summit Midstream EBITDA

    
  192.03 M  
Most of Summit Midstream's fundamental indicators, such as EBITDA, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Summit Midstream is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Summit EBITDA Driver Correlations

Understanding the fundamental principles of building solid financial models for Summit Midstream is extremely important. It helps to project a fair market value of Summit Stock properly, considering its historical fundamentals such as EBITDA. Since Summit Midstream's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Summit Midstream's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Summit Midstream's interrelated accounts and indicators.
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Click cells to compare fundamentals

Summit EBITDA Historical Pattern

Today, most investors in Summit Midstream Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Summit Midstream's growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's ebitda growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of Summit Midstream ebitda as a starting point in their analysis.
   Summit Midstream EBITDA   
       Timeline  
In a nutshell, EBITDA is calculated by adding back each of the excluded items to the post-tax profit, and can be used to compare companies with very different capital structures.
Competition

Summit Ebitda

Ebitda

136.29 Million

At present, Summit Midstream's EBITDA is projected to decrease significantly based on the last few years of reporting.
According to the company disclosure, Summit Midstream reported earnings before interest,tax, depreciation and amortization of 192.03 M. This is 96.8% lower than that of the Oil, Gas & Consumable Fuels sector and 91.66% lower than that of the Energy industry. The ebitda for all United States stocks is 95.07% higher than that of the company.

Summit EBITDA Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Summit Midstream's direct or indirect competition against its EBITDA to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Summit Midstream could also be used in its relative valuation, which is a method of valuing Summit Midstream by comparing valuation metrics of similar companies.
Summit Midstream is currently under evaluation in ebitda category among its peers.

Summit Midstream ESG Sustainability

Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Summit Midstream's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Summit Midstream's managers, analysts, and investors.
Environmental
Governance
Social

Summit Fundamentals

About Summit Midstream Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Summit Midstream's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Summit Midstream using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Summit Midstream based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.

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When determining whether Summit Midstream offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Summit Midstream's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Summit Midstream Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Summit Midstream Stock:
Check out Summit Midstream Piotroski F Score and Summit Midstream Altman Z Score analysis.
For information on how to trade Summit Stock refer to our How to Trade Summit Stock guide.
You can also try the Global Markets Map module to get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes.
Is Oil & Gas Storage & Transportation space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Summit Midstream. If investors know Summit will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Summit Midstream listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
6.19
Revenue Per Share
44.885
Quarterly Revenue Growth
0.035
Return On Assets
0.0226
Return On Equity
0.1084
The market value of Summit Midstream is measured differently than its book value, which is the value of Summit that is recorded on the company's balance sheet. Investors also form their own opinion of Summit Midstream's value that differs from its market value or its book value, called intrinsic value, which is Summit Midstream's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Summit Midstream's market value can be influenced by many factors that don't directly affect Summit Midstream's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Summit Midstream's value and its price as these two are different measures arrived at by different means. Investors typically determine if Summit Midstream is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Summit Midstream's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.