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29Metals (ASX:29M) EV-to-EBITDA : -1.27 (As of May. 19, 2024)


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What is 29Metals EV-to-EBITDA?

EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, 29Metals's enterprise value is A$447.8 Mil. 29Metals's EBITDA for the trailing twelve months (TTM) ended in Dec. 2023 was A$-351.5 Mil. Therefore, 29Metals's EV-to-EBITDA for today is -1.27.

The historical rank and industry rank for 29Metals's EV-to-EBITDA or its related term are showing as below:

ASX:29M' s EV-to-EBITDA Range Over the Past 10 Years
Min: -1.87   Med: 3.41   Max: 8.24
Current: -1.27

During the past 4 years, the highest EV-to-EBITDA of 29Metals was 8.24. The lowest was -1.87. And the median was 3.41.

ASX:29M's EV-to-EBITDA is ranked worse than
100% of 619 companies
in the Metals & Mining industry
Industry Median: 10.15 vs ASX:29M: -1.27

EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio to determine the fair market value of a company.

As of today (2024-05-19), 29Metals's stock price is A$0.50. 29Metals's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2023 was A$-0.799. Therefore, 29Metals's PE Ratio for today is At Loss.

The "classic" EV-to-EBITDA is much better in capturing debt and net cash than the PE Ratio.


29Metals EV-to-EBITDA Historical Data

The historical data trend for 29Metals's EV-to-EBITDA 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.

29Metals EV-to-EBITDA Chart

29Metals Annual Data
Trend Dec20 Dec21 Dec22 Dec23
EV-to-EBITDA
- 10.19 7.02 -2.37

29Metals Semi-Annual Data
Dec21 Jun22 Dec22 Jun23 Dec23
EV-to-EBITDA 10.19 - 7.02 - -2.37

Competitive Comparison of 29Metals's EV-to-EBITDA

For the Other Precious Metals & Mining subindustry, 29Metals's EV-to-EBITDA, along with its competitors' market caps and EV-to-EBITDA 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.


29Metals's EV-to-EBITDA Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, 29Metals's EV-to-EBITDA distribution charts can be found below:

* The bar in red indicates where 29Metals's EV-to-EBITDA falls into.



29Metals EV-to-EBITDA Calculation

29Metals's EV-to-EBITDA for today is calculated as:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA (TTM)
=447.824/-351.546
=-1.27

29Metals's current Enterprise Value is A$447.8 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. 29Metals's EBITDA for the trailing twelve months (TTM) ended in Dec. 2023 was A$-351.5 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.


29Metals  (ASX:29M) EV-to-EBITDA Explanation

EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio to determine the fair market value of a company.

29Metals's PE Ratio for today is calculated as:

PE Ratio=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=0.50/-0.799
=At Loss

29Metals's share price for today is A$0.50.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. 29Metals's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2023 was A$-0.799.

* 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.

Study has found that the companies with the lowest EV-to-EBITDA outperforms companies measured as cheap by other ratios such as PE Ratio.

Please read Which price ratio outperforms the enterprise multiple?


29Metals EV-to-EBITDA Related Terms

Thank you for viewing the detailed overview of 29Metals's EV-to-EBITDA provided by GuruFocus.com. Please click on the following links to see related term pages.


29Metals (ASX:29M) Business Description

Traded in Other Exchanges
N/A
Address
150 Collins Street, Level 2, Melbourne, VIC, AUS, 3000
29Metals Ltd is a copper-focused base and precious metals mining company. It has two long-life, producing assets: Golden Grove in Western Australia (copper, zinc, gold, and silver) and Capricorn Copper in Queensland (copper and silver).

29Metals (ASX:29M) Headlines

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