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Middle Island Resources (ASX:MDI) EV-to-EBIT : 1.12 (As of Jun. 01, 2024)


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What is Middle Island Resources EV-to-EBIT?

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Middle Island Resources's Enterprise Value is A$-2.35 Mil. Middle Island Resources's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was A$-2.10 Mil. Therefore, Middle Island Resources's EV-to-EBIT for today is 1.12.

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

ASX:MDI' s EV-to-EBIT Range Over the Past 10 Years
Min: -7.7   Med: -1.2   Max: 1.12
Current: 1.12

During the past 13 years, the highest EV-to-EBIT of Middle Island Resources was 1.12. The lowest was -7.70. And the median was -1.20.

ASX:MDI's EV-to-EBIT is ranked better than
92.24% of 567 companies
in the Metals & Mining industry
Industry Median: 13 vs ASX:MDI: 1.12

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Middle Island Resources's Enterprise Value for the quarter that ended in Dec. 2023 was A$0.96 Mil. Middle Island Resources's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was A$-2.10 Mil. Middle Island Resources's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was -219.12%.


Middle Island Resources EV-to-EBIT Historical Data

The historical data trend for Middle Island 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.

Middle Island Resources EV-to-EBIT Chart

Middle Island 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 -1.24 -11.23 -1.46 -5.20 -0.02

Middle Island 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 - -5.20 - -0.02 -

Competitive Comparison of Middle Island Resources's EV-to-EBIT

For the Gold subindustry, Middle Island 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.


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

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

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



Middle Island Resources EV-to-EBIT Calculation

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

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=-2.347/-2.098
=1.12

Middle Island Resources's current Enterprise Value is A$-2.35 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Middle Island Resources's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was A$-2.10 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.


Middle Island Resources  (ASX:MDI) 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) %.

Middle Island 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 )
=-2.098/0.957464
=-219.12 %

Middle Island Resources's Enterprise Value for the quarter that ended in Dec. 2023 was A$0.96 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Middle Island Resources's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was A$-2.10 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.


Middle Island Resources EV-to-EBIT Related Terms

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


Middle Island Resources (ASX:MDI) Business Description

Traded in Other Exchanges
N/A
Address
2 Richardson Street, Suite 1, West Perth, Perth, WA, AUS, 6005
Middle Island Resources Ltd operates as a gold exploration and development company in Australia and West Africa. It holds an interest in the Reo project located in Burkina Faso, Sandstone Gold Project in Western Australia, and Barkly Copper-Gold Project.

Middle Island Resources (ASX:MDI) Headlines

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