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Clarity Metals (XCNQ:CMET) EV-to-EBITDA : -1.93 (As of May. 29, 2024)


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What is Clarity Metals EV-to-EBITDA?

EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, Clarity Metals's enterprise value is C$3.36 Mil. Clarity Metals's EBITDA for the trailing twelve months (TTM) ended in Dec. 2023 was C$-1.74 Mil. Therefore, Clarity Metals's EV-to-EBITDA for today is -1.93.

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

XCNQ:CMET' s EV-to-EBITDA Range Over the Past 10 Years
Min: -123.47   Med: 0   Max: 0.35
Current: -1.93

During the past 5 years, the highest EV-to-EBITDA of Clarity Metals was 0.35. The lowest was -123.47. And the median was 0.00.

XCNQ:CMET's EV-to-EBITDA is ranked worse than
100% of 615 companies
in the Metals & Mining industry
Industry Median: 10.27 vs XCNQ:CMET: -1.93

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 (2024-05-29), Clarity Metals's stock price is C$0.065. Clarity Metals's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2023 was C$-0.044. Therefore, Clarity Metals'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.


Clarity Metals EV-to-EBITDA Historical Data

The historical data trend for Clarity Metals'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.

Clarity Metals EV-to-EBITDA Chart

Clarity Metals Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
EV-to-EBITDA
- -12.51 -0.62 -2.03 -1.31

Clarity Metals Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 -2.03 -2.32 -0.87 -0.94 -1.31

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

For the Gold subindustry, Clarity Metals'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.


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

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

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



Clarity Metals EV-to-EBITDA Calculation

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

EV-to-EBITDA=Enterprise Value (Today)/EBITDA (TTM)
=3.361/-1.739
=-1.93

Clarity Metals's current Enterprise Value is C$3.36 Mil.
Clarity Metals's EBITDA for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was C$-1.74 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.


Clarity Metals  (XCNQ:CMET) 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.

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

PE Ratio=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=0.065/-0.044
=At Loss

Clarity Metals's share price for today is C$0.065.
Clarity Metals's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was C$-0.044.

* 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?


Clarity Metals EV-to-EBITDA Related Terms

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


Clarity Metals (XCNQ:CMET) Business Description

Traded in Other Exchanges
Address
355 Burrard Street, Suite 1680, Vancouver, BC, CAN, V6C 2G8
Clarity Metals Corp is a Canadian mineral exploration company. The company focuses on the acquisition, exploration, and development of gold projects in Canada.

Clarity Metals (XCNQ:CMET) Headlines

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