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Macro Metals (ASX:M4M) EV-to-EBIT : -68.34 (As of Jun. 06, 2024)


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What is Macro Metals EV-to-EBIT?

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Macro Metals's Enterprise Value is A$113.72 Mil. Macro Metals's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was A$-1.66 Mil. Therefore, Macro Metals's EV-to-EBIT for today is -68.34.

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

ASX:M4M' s EV-to-EBIT Range Over the Past 10 Years
Min: -82.67   Med: -1.36   Max: 3.93
Current: -68.33

During the past 13 years, the highest EV-to-EBIT of Macro Metals was 3.93. The lowest was -82.67. And the median was -1.36.

ASX:M4M's EV-to-EBIT is ranked worse than
100% of 497 companies
in the Steel industry
Industry Median: 11.42 vs ASX:M4M: -68.33

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Macro Metals's Enterprise Value for the quarter that ended in Dec. 2023 was A$5.94 Mil. Macro Metals's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was A$-1.66 Mil. Macro Metals's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was -28.03%.


Macro Metals EV-to-EBIT Historical Data

The historical data trend for Macro 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.

Macro Metals EV-to-EBIT Chart

Macro Metals 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 -17.12 -10.72 -3.86 -1.25 -2.59

Macro Metals 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 - -1.25 - -2.59 -

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

For the Steel subindustry, Macro 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.


Macro Metals's EV-to-EBIT Distribution in the Steel Industry

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

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



Macro Metals EV-to-EBIT Calculation

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

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=113.716/-1.664
=-68.34

Macro Metals's current Enterprise Value is A$113.72 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Macro Metals's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was A$-1.66 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.


Macro Metals  (ASX:M4M) 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) %.

Macro 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 )
=-1.664/5.93724
=-28.03 %

Macro Metals's Enterprise Value for the quarter that ended in Dec. 2023 was A$5.94 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Macro Metals's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was A$-1.66 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.


Macro Metals EV-to-EBIT Related Terms

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


Macro Metals (ASX:M4M) Business Description

Traded in Other Exchanges
N/A
Address
60 Stirling Highway, peppermint Grove, Suite 38, Perth, WA, AUS, 6011
Macro Metals Ltd is a mineral exploration company. The principal activities of the company consist of exploration and evaluation of WA iron ore tenements, acquisition of additional prospective tenements in WA, proposed acquisition of Chilean lithium projects, and continued evaluation of Agbaja Cast Steel Project. It operates in one industry segment, which is mineral exploration, evaluation, and development, and operates in two geographic segments: the Federal Republic of Nigeria and Australia.

Macro Metals (ASX:M4M) Headlines

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