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Majestic Gold (Majestic Gold) EV-to-EBIT : 0.22 (As of Jun. 09, 2024)


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What is Majestic Gold EV-to-EBIT?

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Majestic Gold's Enterprise Value is $4.74 Mil. Majestic Gold's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 was $21.10 Mil. Therefore, Majestic Gold's EV-to-EBIT for today is 0.22.

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

MJGCF' s EV-to-EBIT Range Over the Past 10 Years
Min: -116.44   Med: 1.92   Max: 39.21
Current: 0.23

During the past 13 years, the highest EV-to-EBIT of Majestic Gold was 39.21. The lowest was -116.44. And the median was 1.92.

MJGCF's EV-to-EBIT is ranked better than
97.01% of 568 companies
in the Metals & Mining industry
Industry Median: 12.855 vs MJGCF: 0.23

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Majestic Gold's Enterprise Value for the quarter that ended in Mar. 2024 was $56.89 Mil. Majestic Gold's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 was $21.10 Mil. Majestic Gold's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 37.08%.


Majestic Gold EV-to-EBIT Historical Data

The historical data trend for Majestic Gold'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.

Majestic Gold EV-to-EBIT Chart

Majestic Gold Annual Data
Trend Sep13 Sep14 Sep15 Sep16 Sep17 Sep18 Dec20 Dec21 Dec22 Dec23
EV-to-EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.69 1.53 2.38 1.88 4.55

Majestic Gold Quarterly Data
Dec18 Mar19 Jun19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 1.76 3.74 3.72 4.55 2.95

Competitive Comparison of Majestic Gold's EV-to-EBIT

For the Gold subindustry, Majestic Gold'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.


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

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

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



Majestic Gold EV-to-EBIT Calculation

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

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=4.741/21.097
=0.22

Majestic Gold's current Enterprise Value is $4.74 Mil.
Majestic Gold's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $21.10 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.


Majestic Gold  (OTCPK:MJGCF) 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) %.

Majestic Gold's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 is calculated as:

Earnings Yield (Joel Greenblatt) % (Q: Mar. 2024 ) =EBIT / Enterprise Value (Q: Mar. 2024 )
=21.097/56.888754
=37.08 %

Majestic Gold's Enterprise Value for the quarter that ended in Mar. 2024 was $56.89 Mil.
Majestic Gold's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $21.10 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.


Majestic Gold EV-to-EBIT Related Terms

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


Majestic Gold (Majestic Gold) Business Description

Traded in Other Exchanges
Address
306 - 1688 152nd Street, Surrey, BC, CAN, V4A 4N2
Majestic Gold Corp is a mining company focused on the exploration, development and operation of mining properties in China, Australia and Canada. The company operates the Songjiagou open-pit gold mine in the eastern Chinese province of Shandong.