Cannon Resources (ASX:CNR) EV-to-EBITDA : (As of Jun. 08, 2024)

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What is Cannon Resources EV-to-EBITDA?

EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, Cannon Resources's enterprise value is A$39.49 Mil. Cannon Resources does not have enough years/quarters to calculate its EBITDA for the trailing twelve months (TTM) ended in Dec. 2021. Therefore, GuruFocus does not calculate Cannon Resources's EV-to-EBITDA at this moment.

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

ASX:CNR's EV-to-EBITDA is not ranked ^*
in the Metals & Mining industry.
Industry Median: 9.93
* Ranked among companies with meaningful EV-to-EBITDA only.

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 (2024-06-08), Cannon Resources's stock price is A$0.445. Cannon Resources does not have enough years/quarters to calculate its Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2021. Therefore, GuruFocus does not calculate Cannon Resources's PE Ratio at this moment.

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

Cannon Resources EV-to-EBITDA Historical Data

The historical data trend for Cannon Resources'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.

Cannon Resources EV-to-EBITDA Chart

Cannon Resources Annual Data

Trend

Jun22

EV-to-EBITDA

-3.88

Cannon Resources Semi-Annual Data
	Dec21	Jun22
EV-to-EBITDA	-	-

Competitive Comparison of Cannon Resources's EV-to-EBITDA

For the Other Industrial Metals & Mining subindustry, Cannon Resources'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.

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

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

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

Cannon Resources EV-to-EBITDA Calculation

Cannon Resources's EV-to-EBITDA for today is calculated as:

EV-to-EBITDA	=	Enterprise Value (Today)	/	EBITDA (TTM)
	=	39.485	/
	=

Cannon Resources (ASX:CNR) EV-to-EBITDA Explanation

Cannon Resources's PE Ratio for today is calculated as:

PE Ratio	=	Share Price (Today)	/	Earnings per Share (Diluted) (TTM)
	=	0.445	/
	=

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?

Cannon Resources EV-to-EBITDA Related Terms

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

Cannon Resources (ASX:CNR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Cannon Resources Ltd (ASX:CNR) » Definitions » EV-to-EBITDA

Comparable Companies

Traded in Other Exchanges

N/A

Address

87 Colin Street, Level 2, West Perth, Perth, WA, AUS, 6005

Website

https://www.cannonres.com.au

Cannon Resources Ltd is a mineral exploration and development company. It is engaged in two projects located in the North-Eastern Goldfields region of Western Australia. The Fisher East Project contains nickel deposits of Camelwood, Cannonball, and Musket; and the Collurabbie Project. The Group operates within the mineral exploration industry in Australia.