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E2Gold (TSXV:ETU) EV-to-EBIT : -2.02 (As of May. 04, 2024)


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What is E2Gold EV-to-EBIT?

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, E2Gold's Enterprise Value is C$5.19 Mil. E2Gold's EBIT for the trailing twelve months (TTM) ended in Jan. 2024 was C$-2.57 Mil. Therefore, E2Gold's EV-to-EBIT for today is -2.02.

The historical rank and industry rank for E2Gold's EV-to-EBIT or its related term are showing as below:

TSXV:ETU' s EV-to-EBIT Range Over the Past 10 Years
Min: -13.27   Med: 0   Max: 0
Current: -2.02

TSXV:ETU's EV-to-EBIT is ranked worse than
100% of 571 companies
in the Metals & Mining industry
Industry Median: 12.84 vs TSXV:ETU: -2.02

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. E2Gold's Enterprise Value for the quarter that ended in Jan. 2024 was C$4.16 Mil. E2Gold's EBIT for the trailing twelve months (TTM) ended in Jan. 2024 was C$-2.57 Mil. E2Gold's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jan. 2024 was -61.69%.


E2Gold EV-to-EBIT Historical Data

The historical data trend for E2Gold'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.

E2Gold EV-to-EBIT Chart

E2Gold Annual Data
Trend Jul20 Jul21 Jul22 Jul23
EV-to-EBIT
- -1.72 -0.68 -2.00

E2Gold Quarterly Data
Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 -1.28 -1.42 -2.00 -2.03 -1.62

Competitive Comparison of E2Gold's EV-to-EBIT

For the Gold subindustry, E2Gold'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.


E2Gold's EV-to-EBIT Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, E2Gold's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where E2Gold's EV-to-EBIT falls into.



E2Gold EV-to-EBIT Calculation

E2Gold's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=5.189/-2.566
=-2.02

E2Gold's current Enterprise Value is C$5.19 Mil.
E2Gold's EBIT for the trailing twelve months (TTM) ended in Jan. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was C$-2.57 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.


E2Gold  (TSXV:ETU) 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) %.

E2Gold's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jan. 2024 is calculated as:

Earnings Yield (Joel Greenblatt) % (Q: Jan. 2024 ) =EBIT / Enterprise Value (Q: Jan. 2024 )
=-2.566/4.15964
=-61.69 %

E2Gold's Enterprise Value for the quarter that ended in Jan. 2024 was C$4.16 Mil.
E2Gold's EBIT for the trailing twelve months (TTM) ended in Jan. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was C$-2.57 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.


E2Gold EV-to-EBIT Related Terms

Thank you for viewing the detailed overview of E2Gold's EV-to-EBIT provided by GuruFocus.com. Please click on the following links to see related term pages.


E2Gold (TSXV:ETU) Business Description

Traded in Other Exchanges
Address
8 King Street East, Suite 1700, Toronto, ON, CAN, M5C 1B5
E2Gold Inc. is engaged in acquisition, exploration and evaluation of gold and other mineral properties. The company's projects include Hawkins project, which is located in northern Ontario and Band-Ore project, which is located in west of Thunder Bay, Ontario.

E2Gold (TSXV:ETU) Headlines

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