Noble Helium (ASX:NHE) EV-to-EBIT : -9.30 (As of May. 08, 2024)

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What is Noble Helium EV-to-EBIT?

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Noble Helium's Enterprise Value is A$39.86 Mil. Noble Helium's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was A$-4.29 Mil. Therefore, Noble Helium's EV-to-EBIT for today is -9.30.

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

ASX:NHE' s EV-to-EBIT Range Over the Past 10 Years
Min: -72.64 Med: 0 Max: 0
Current: -9.3

ASX:NHE's EV-to-EBIT is ranked worse than
100% of 1227 companies
in the Chemicals industry
Industry Median: 17.8 vs ASX:NHE: -9.30

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Noble Helium's Enterprise Value for the quarter that ended in Dec. 2023 was A$48.86 Mil. Noble Helium's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was A$-4.29 Mil. Noble Helium's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was -8.77%.

Noble Helium EV-to-EBIT Historical Data

The historical data trend for Noble Helium'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.

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Noble Helium EV-to-EBIT Chart

Noble Helium Annual Data

Trend

Jun22

Jun23

EV-to-EBIT

-7.64

-22.00

Noble Helium Semi-Annual Data
	Dec21	Jun22	Dec22	Jun23	Dec23
EV-to-EBIT	-	-	-	-	-

Competitive Comparison of Noble Helium's EV-to-EBIT

For the Specialty Chemicals subindustry, Noble Helium'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.

Noble Helium's EV-to-EBIT Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Noble Helium's EV-to-EBIT distribution charts can be found below:

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

Noble Helium EV-to-EBIT Calculation

Noble Helium's EV-to-EBIT for today is calculated as:

EV-to-EBIT	=	Enterprise Value (Today)	/	EBIT (TTM)
	=	39.857	/	-4.285
	=	-9.30

Noble Helium's current Enterprise Value is A$39.86 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Noble Helium's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was A$-4.29 Mil.

Noble Helium (ASX:NHE) 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) %.

Noble Helium'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 )
	=	-4.285	/	48.86061
	=	-8.77 %

Noble Helium's Enterprise Value for the quarter that ended in Dec. 2023 was A$48.86 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Noble Helium's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was A$-4.29 Mil.

Noble Helium EV-to-EBIT Related Terms

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Noble Helium (ASX:NHE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Noble Helium Ltd (ASX:NHE) » Definitions » EV-to-EBIT

Comparable Companies

Traded in Other Exchanges

N/A

Address

216 St. Georges Terrace, Level 8, London House, Perth, WA, AUS, 6000

Website

https://www.noblehelium.com.au

Noble Helium Ltd is an Independent Helium exploration company In Australia with operations and explorations in Tanzania, East Africa. It is engaged in developing large new supplies of high-grade primary helium to diversify the supply chain for the rare and technologically vital gas. The company has three projects namely; North Rukwa Project, North Nyasa Project and Eyasi and Manyara Projects.

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