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Reach Resources (ASX:RR1) EV-to-EBIT : -8.38 (As of May. 22, 2024)


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What is Reach Resources EV-to-EBIT?

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Reach Resources's Enterprise Value is A$9.64 Mil. Reach Resources's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was A$-1.15 Mil. Therefore, Reach Resources's EV-to-EBIT for today is -8.38.

The historical rank and industry rank for Reach Resources's EV-to-EBIT or its related term are showing as below:

ASX:RR1' s EV-to-EBIT Range Over the Past 10 Years
Min: -109.49   Med: 0   Max: 187.08
Current: -8.38

During the past 13 years, the highest EV-to-EBIT of Reach Resources was 187.08. The lowest was -109.49. And the median was 0.00.

ASX:RR1's EV-to-EBIT is ranked worse than
100% of 566 companies
in the Metals & Mining industry
Industry Median: 13.625 vs ASX:RR1: -8.38

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Reach Resources's Enterprise Value for the quarter that ended in Dec. 2023 was A$10.51 Mil. Reach Resources's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was A$-1.15 Mil. Reach Resources's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was -10.95%.


Reach Resources EV-to-EBIT Historical Data

The historical data trend for Reach Resources's EV-to-EBIT can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Reach Resources EV-to-EBIT Chart

Reach Resources Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
EV-to-EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 116.54 27.71 -33.57 -9.24 -30.64

Reach Resources Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
EV-to-EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - -9.24 - -30.64 -

Competitive Comparison of Reach Resources's EV-to-EBIT

For the Gold subindustry, Reach Resources's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Reach Resources's EV-to-EBIT Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Reach Resources's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Reach Resources's EV-to-EBIT falls into.



Reach Resources EV-to-EBIT Calculation

Reach Resources's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=9.640/-1.151
=-8.38

Reach Resources's current Enterprise Value is A$9.64 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Reach Resources's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was A$-1.15 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Reach Resources  (ASX:RR1) EV-to-EBIT Explanation

This is a more accurate valuation of companies' operation because it considers the debt and cash on its balance sheet, and non-operating items such as interest payment, tax, and one-time items are not included in the Operating Income.

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %.

Reach Resources's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 is calculated as:

Earnings Yield (Joel Greenblatt) % (Q: Dec. 2023 ) =EBIT / Enterprise Value (Q: Dec. 2023 )
=-1.151/10.506946524
=-10.95 %

Reach Resources's Enterprise Value for the quarter that ended in Dec. 2023 was A$10.51 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Reach Resources's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was A$-1.15 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Reach Resources EV-to-EBIT Related Terms

Thank you for viewing the detailed overview of Reach Resources's EV-to-EBIT provided by GuruFocus.com. Please click on the following links to see related term pages.


Reach Resources (ASX:RR1) Business Description

Traded in Other Exchanges
N/A
Address
216 St Georges Terrace, Level 4, South Perth, Perth, WA, AUS, 6000
Reach Resources Ltd is a gold and base metals exploration company. It is currently involved in the Primrose Gold Project and the Skyline Rare Earth project. Skyline Rare Earth project is in the Gascoyne province of Western Australia. The Company acquired additional rare earth ground via Critical Elements Pty Ltd which is approximately 80km south of the Skyline Rare Earth project.

Reach Resources (ASX:RR1) Headlines

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