Tortoise Essential Energy Fund Ratios | P/E, ROE & Valuation

On the Key Ratios page for Tortoise Essential Energy Fund (TPZ), the latest P/E of 9.8 frames valuation, while ROE 10.25% and ROIC 9.08% indicates profitability and capital efficiency. Together with the current ratio of 6.47 and debt-to-equity 0.26, these signals help you judge whether valuation is supported by fundamentals across the historical rows.

Financial Performance Ratios

TPZ Historical Per Share Metrics

8 years
Metric (FY)TTM2023202220212020201920182017
Revenue per Share$2.34$2.34$0.70$1.22$-2.95$-0.48$0.01$-0.99
Net Income per Share$2.21$2.21$1.93$2.68$-3.72$-0.56$-0.07$-1.07
Operating Cash Flow per Share$3.06$3.06$1.67$1.66$5.21$1.40$1.50$1.10
Free Cash Flow per Share$3.06$3.06$1.67$1.66$5.21$1.40$1.50$1.10
Cash per Share$0.08$0.08$0.05$0.34$0.01$0.04$0.04$0.02
Book Value per Share$21.28$21.28$15.34$15.09$13.01$17.70$19.76$21.34
Tangible Book Value per Share$21.28$21.28$15.34$15.09$13.01$17.70$19.76$21.34
Interest Debt per Share$5.69$5.69$4.18$3.80$3.95$8.03$7.89$7.83
CAPEX per Share$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00

TPZ Historical Valuation Ratios

8 years
Metric (FY)TTM2023202220212020201920182017
Price to Earnings (P/E)9.776.147.064.81-2.69-27.88-242.89-18.71
Price to Book (P/B)1.010.640.890.860.770.880.870.93
Price to Sales (P/S)12.055.7919.5510.59-3.39-32.542063.6-20.15
Enterprise Value to EBITDA13.867.828.565.9-3.86-41.81-113.47-29.78
EV to Sales14.388.1225.3513.6-4.68-48.82986.87-27.91
EV to Operating Cash Flow11.026.2210.610.022.6516.6716.5725.16
EV to Free Cash Flow11.026.2210.610.022.6516.6716.5725.16
Enterprise Value$151.71M$85.66M$113.17M$108.32M$94.86M$162.32M$172.75M$191.90M

TPZ Historical Profitability Ratios

8 years
Metric (FY)TTM2023202220212020201920182017
Return on Equity (ROE)10.25%10.39%12.58%17.79%-28.56%-3.16%-0.36%-4.99%
Return on Invested Capital (ROIC)9.08%9.08%13.45%14.93%-21.20%-1.68%0.34%-2.51%
Return on Tangible Assets8.23%8.23%9.91%14.24%-21.98%-2.18%-0.26%-3.66%
Earnings Yield10.24%16.29%14.16%20.77%-37.19%-3.59%-0.41%-5.35%
Free Cash Flow Yield10.83%22.54%12.23%12.82%52.15%9.00%8.74%5.51%
Dividend Yield3.46%12.74%8.71%5.03%10.63%9.63%8.74%7.53%

TPZ Historical Liquidity & Financial Strength

8 years
Metric (FY)TTM2023202220212020201920182017
Current Ratio6.476.470.029.084.76.032.45.55
Interest Coverage10.8910.8915.3822.13-25.42-2.260.66-6.72
Income Quality1.381.380.860.62-1.4-2.51-21.22-1.03
Debt to Equity0.260.260.260.240.290.440.390.36
Debt to Assets20.36%20.36%20.77%19.51%22.55%30.42%27.83%26.40%
Net Debt to EBITDA2.252.251.961.31-1.07-13.93-35.08-8.29

TPZ Historical Efficiency Ratios

8 years
Metric (FY)TTM2023202220212020201920182017
Receivables Turnover8.588.583.546.32-14.29-1.90.03-3.81
Payables Turnover00010.1311.0104.817.04
Inventory Turnover0001.10.981.0300
Days Sales Outstanding42.5542.55103.1757.78-25.55-191.8311508.22-95.9
Days Payables Outstanding00036.0533.14075.8551.88
Days of Inventory on Hand000331.56372.31355.7700

TPZ Historical Market Metrics

8 years
Metric (FY)TTM2023202220212020201920182017
Enterprise Value to EBITDA13.867.828.565.9-3.86-41.81-113.47-29.78
Market Cap$127.11M$61.06M$87.27M$84.32M$68.66M$108.23M$119.35M$138.50M
Enterprise Value$151.71M$85.66M$113.17M$108.32M$94.86M$162.32M$172.75M$191.90M
Dividend Yield3.46%12.74%8.71%5.03%10.63%9.63%8.74%7.53%
Payout Ratio78.24%78.24%61.51%24.19%-28.57%-268.56%-2121.96%-140.85%

Frequently Asked Questions

How does Tortoise Essential Energy Fund’s P/E ratio compare with its history?

On this page, TPZ's current P/E is 9.8, compared with a multi-year average around 6.9. A higher P/E versus its own history is a calculated premium versus that average—not a conclusion that the stock is expensive. Cross-check profitability (ROE/ROIC), liquidity (current ratio), and leverage (debt-to-equity) so the multiple is read with those published figures.

What is Tortoise Essential Energy Fund market cap?

Market cap is the market value of a company's equity and is commonly calculated as share price multiplied by shares outstanding. The latest market cap shown in the table is $127.11M. Pair market cap with valuation multiples (P/E, P/B, P/S) so you can evaluate whether size also corresponds with "quality" and profitability. For a wider view across stocks, you can also use the stock screener.

How does Tortoise Essential Energy Fund’s P/E compare with its industry?

There is no P/E Tickerplace rates as good. Compare the P/E on this page with Tortoise Essential Energy Fund's own historical range (in the table) and with peers via the Screener and Compare tools. A higher or lower multiple versus peers is a calculated gap, not a recommendation.

How does Tortoise Essential Energy Fund compare to its competitors in key financial ratios?

The fastest way to compare Tortoise Essential Energy Fund with competitors is to use the built-in "Peers Comparison" section on this page and the Compare tool. Focus on a small set of ratios that work together: P/E for valuation, ROE/ROIC for profitability and capital efficiency, current ratio and interest coverage for liquidity and solvency, and debt-to-equity for leverage risk. When you see Tortoise Essential Energy Fund outperform peers on profitability while keeping valuation and leverage reasonable, it often signals stronger fundamentals.

What do Tortoise Essential Energy Fund's liquidity and leverage ratios show?

Liquidity and leverage figures on this page are published ratios, not a verdict that Tortoise Essential Energy Fund is financially strong. Current ratio is about 6.47, which is above 1.0 and can indicate more comfortable short-term liquidity. Interest coverage is about 10.89, implying a stronger ability to cover interest expenses. Debt-to-equity is about 0.26, suggesting leverage is more moderate relative to a high-debt profile. Pair them with ROE/ROIC and cash-flow rows in the table. Tickerplace does not rate the company as a good or poor investment.

What do Tortoise Essential Energy Fund's financial ratios say about its future growth?

Ratios are a way to see what the business is likely to sustain. Look for upward trends in profitability metrics (ROE and ROIC), improving earnings/cash-flow backed measures, and stable or strengthening liquidity. If Tortoise Essential Energy Fund is sustaining strong returns (for example ROE at 10.25% and ROIC at 9.08%) while debt levels and interest coverage remain manageable, growth expectations may be more credible. If valuation multiples expand while returns weaken, the market may be pricing optimistic growth ahead of results.