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C29 Metals (ASX:C29) EV-to-EBIT : -2.73 (As of Jun. 08, 2024)


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What is C29 Metals EV-to-EBIT?

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, C29 Metals's Enterprise Value is A$8.96 Mil. C29 Metals's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was A$-3.28 Mil. Therefore, C29 Metals's EV-to-EBIT for today is -2.73.

The historical rank and industry rank for C29 Metals's EV-to-EBIT or its related term are showing as below:

ASX:C29' s EV-to-EBIT Range Over the Past 10 Years
Min: -16.01   Med: 0   Max: 0.34
Current: -2.72

During the past 2 years, the highest EV-to-EBIT of C29 Metals was 0.34. The lowest was -16.01. And the median was 0.00.

ASX:C29's EV-to-EBIT is ranked worse than
100% of 568 companies
in the Metals & Mining industry
Industry Median: 12.855 vs ASX:C29: -2.72

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. C29 Metals's Enterprise Value for the quarter that ended in Dec. 2023 was A$3.90 Mil. C29 Metals's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was A$-3.28 Mil. C29 Metals's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was -84.09%.


C29 Metals EV-to-EBIT Historical Data

The historical data trend for C29 Metals'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.

C29 Metals EV-to-EBIT Chart

C29 Metals Annual Data
Trend Jun22 Jun23
EV-to-EBIT
-1.19 -1.11

C29 Metals Semi-Annual Data
Dec21 Jun22 Dec22 Jun23 Dec23
EV-to-EBIT - - - - -

Competitive Comparison of C29 Metals's EV-to-EBIT

For the Other Industrial Metals & Mining subindustry, C29 Metals'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.


C29 Metals's EV-to-EBIT Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, C29 Metals's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where C29 Metals's EV-to-EBIT falls into.



C29 Metals EV-to-EBIT Calculation

C29 Metals's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=8.964/-3.283
=-2.73

C29 Metals's current Enterprise Value is A$8.96 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. C29 Metals's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was A$-3.28 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.


C29 Metals  (ASX:C29) 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) %.

C29 Metals'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 )
=-3.283/3.904021
=-84.09 %

C29 Metals's Enterprise Value for the quarter that ended in Dec. 2023 was A$3.90 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. C29 Metals's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was A$-3.28 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.


C29 Metals EV-to-EBIT Related Terms

Thank you for viewing the detailed overview of C29 Metals's EV-to-EBIT provided by GuruFocus.com. Please click on the following links to see related term pages.


C29 Metals (ASX:C29) Business Description

Traded in Other Exchanges
N/A
Address
23 Railway Road, Suite 11, Level 2, Subiaco, Perth, WA, AUS, 6008
C29 Metals Ltd is a minerals exploration company, engaged in identifying, exploring and developing prospective copper, gold and base metal assets throughout Australia. The company's projects include Sampson Tank, Reedy Creek Project, Torrens Projects, and Stadlers Project.

C29 Metals (ASX:C29) Headlines

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