GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Western Gold Resources Ltd (ASX:WGR) » Definitions » EV-to-EBIT

Western Gold Resources (ASX:WGR) EV-to-EBIT : -1.75 (As of Jun. 05, 2024)


View and export this data going back to 2021. Start your Free Trial

What is Western Gold Resources EV-to-EBIT?

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Western Gold Resources's Enterprise Value is A$4.13 Mil. Western Gold Resources's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was A$-2.36 Mil. Therefore, Western Gold Resources's EV-to-EBIT for today is -1.75.

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

ASX:WGR' s EV-to-EBIT Range Over the Past 10 Years
Min: -6.92   Med: 0   Max: 0
Current: -1.76

ASX:WGR's EV-to-EBIT is ranked worse than
100% of 565 companies
in the Metals & Mining industry
Industry Median: 12.85 vs ASX:WGR: -1.76

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Western Gold Resources's Enterprise Value for the quarter that ended in Dec. 2023 was A$3.98 Mil. Western Gold Resources's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was A$-2.36 Mil. Western Gold Resources's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was -59.24%.


Western Gold Resources EV-to-EBIT Historical Data

The historical data trend for Western Gold 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.

Western Gold Resources EV-to-EBIT Chart

Western Gold Resources Annual Data
Trend Jun21 Jun22 Jun23
EV-to-EBIT
- -1.30 -1.50

Western Gold Resources Semi-Annual Data
Dec20 Dec21 Jun22 Dec22 Jun23 Dec23
EV-to-EBIT Get a 7-Day Free Trial - -1.30 - -1.50 -

Competitive Comparison of Western Gold Resources's EV-to-EBIT

For the Gold subindustry, Western Gold 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.


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

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

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



Western Gold Resources EV-to-EBIT Calculation

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

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=4.130/-2.356
=-1.75

Western Gold Resources's current Enterprise Value is A$4.13 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Western Gold Resources's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was A$-2.36 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.


Western Gold Resources  (ASX:WGR) 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) %.

Western Gold 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 )
=-2.356/3.977016
=-59.24 %

Western Gold Resources's Enterprise Value for the quarter that ended in Dec. 2023 was A$3.98 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Western Gold Resources's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was A$-2.36 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.


Western Gold Resources EV-to-EBIT Related Terms

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


Western Gold Resources (ASX:WGR) Business Description

Traded in Other Exchanges
N/A
Address
46 Colin Street, Level 4, West Perth, Perth, AUS, 6005
Western Gold Resources Ltd focuses on the exploration of gold properties in Western Australia and West Africa. The company intends to explore the Wiluna West Gold Project located near the town of Wiluna in the Midwest region of Western Australia.

Western Gold Resources (ASX:WGR) Headlines

No Headlines