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Asante Gold (XCNQ:ASE) EV-to-EBITDA : -20.93 (As of May. 21, 2024)


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What is Asante Gold EV-to-EBITDA?

EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, Asante Gold's enterprise value is C$631.2 Mil. Asante Gold's EBITDA for the trailing twelve months (TTM) ended in Jan. 2024 was C$-30.2 Mil. Therefore, Asante Gold's EV-to-EBITDA for today is -20.93.

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

XCNQ:ASE' s EV-to-EBITDA Range Over the Past 10 Years
Min: -23.46   Med: -8.4   Max: -4.7
Current: -20.93

During the past 13 years, the highest EV-to-EBITDA of Asante Gold was -4.70. The lowest was -23.46. And the median was -8.40.

XCNQ:ASE's EV-to-EBITDA is ranked worse than
100% of 618 companies
in the Metals & Mining industry
Industry Median: 10.315 vs XCNQ:ASE: -20.93

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 (2024-05-21), Asante Gold's stock price is C$1.28. Asante Gold's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jan. 2024 was C$-0.310. Therefore, Asante Gold'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.


Asante Gold EV-to-EBITDA Historical Data

The historical data trend for Asante Gold'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.

Asante Gold EV-to-EBITDA Chart

Asante Gold Annual Data
Trend Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
EV-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only -7.98 -14.06 -45.07 -8.12 -25.07

Asante Gold Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
EV-to-EBITDA 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 -8.12 -10.05 -6.47 -9.55 -25.07

Competitive Comparison of Asante Gold's EV-to-EBITDA

For the Gold subindustry, Asante Gold'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.


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

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

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



Asante Gold EV-to-EBITDA Calculation

Asante Gold's EV-to-EBITDA for today is calculated as:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA (TTM)
=631.236/-30.158
=-20.93

Asante Gold's current Enterprise Value is C$631.2 Mil.
Asante Gold's EBITDA for the trailing twelve months (TTM) ended in Jan. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was C$-30.2 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.


Asante Gold  (XCNQ:ASE) 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.

Asante Gold's PE Ratio for today is calculated as:

PE Ratio=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=1.28/-0.310
=At Loss

Asante Gold's share price for today is C$1.28.
Asante Gold's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jan. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was C$-0.310.

* 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?


Asante Gold EV-to-EBITDA Related Terms

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


Asante Gold (XCNQ:ASE) Business Description

Traded in Other Exchanges
Address
800 West Pender Street, Suite 615, Vancouver, BC, CAN, V6C 2V6
Asante Gold Corp is an exploration stage company. It plans to capitalize on the gold-rich and growing mining environment by continuing to build assets through exploration, development, and acquisitions. The company is involved in the exploration and evaluation of mineral properties in Ghana, West Africa. The group portfolio consists of various projects namely Fahiakoba, Betanase, Keyhole, and Kubi and it generally explores gold deposits. The company has also acquired the Bibiani gold mine from Resolute Mining.
Executives
Eben Swanepoel Senior Officer

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