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Newpath Resources (XCNQ:PATH) EV-to-EBITDA : -1.40 (As of Jun. 03, 2024)


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What is Newpath Resources EV-to-EBITDA?

EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, Newpath Resources's enterprise value is C$2.63 Mil. Newpath Resources's EBITDA for the trailing twelve months (TTM) ended in Oct. 2023 was C$-1.88 Mil. Therefore, Newpath Resources's EV-to-EBITDA for today is -1.40.

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

XCNQ:PATH' s EV-to-EBITDA Range Over the Past 10 Years
Min: -3.59   Med: 0   Max: 0.03
Current: -1.4

During the past 4 years, the highest EV-to-EBITDA of Newpath Resources was 0.03. The lowest was -3.59. And the median was 0.00.

XCNQ:PATH's EV-to-EBITDA is ranked worse than
100% of 613 companies
in the Metals & Mining industry
Industry Median: 10.22 vs XCNQ:PATH: -1.40

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 (2024-06-03), Newpath Resources's stock price is C$0.05. Newpath Resources's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Oct. 2023 was C$-0.166. Therefore, Newpath Resources'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.


Newpath Resources EV-to-EBITDA Historical Data

The historical data trend for Newpath 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.

Newpath Resources EV-to-EBITDA Chart

Newpath Resources Annual Data
Trend Apr20 Apr21 Apr22 Apr23
EV-to-EBITDA
- -3.27 -0.22 -4.02

Newpath Resources Quarterly Data
Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23
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 -0.14 -0.44 -4.02 -3.68 -1.96

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

For the Gold subindustry, Newpath 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.


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

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

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



Newpath Resources EV-to-EBITDA Calculation

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

EV-to-EBITDA=Enterprise Value (Today)/EBITDA (TTM)
=2.634/-1.879
=-1.40

Newpath Resources's current Enterprise Value is C$2.63 Mil.
Newpath Resources's EBITDA for the trailing twelve months (TTM) ended in Oct. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was C$-1.88 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.


Newpath Resources  (XCNQ:PATH) 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.

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

PE Ratio=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=0.05/-0.166
=At Loss

Newpath Resources's share price for today is C$0.05.
Newpath Resources's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Oct. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was C$-0.166.

* 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?


Newpath Resources EV-to-EBITDA Related Terms

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


Newpath Resources (XCNQ:PATH) Business Description

Traded in Other Exchanges
Address
333 Terminal Avenue, Unit 220, Vancouver, BC, CAN, V6A 4C1
Newpath Resources Inc is a precious metals exploration company. It owns the Northshore Gold Project, located in the Schreiber-Hemlo Greenstone Belt near Thunder Bay, Ontario which is prospective for gold and silver mineralization. The company also owns an interest in two separate claim blocks known as the Hemlo Eastern Flanks Project. The company also holds an option to acquire a 100% undivided interest in a continuous claim block comprising the Emmons Peak Project located south of Dryden, Ontario that is near the Treasury Metals Goliath and Goldlund advanced gold development projects.
Executives
Alexander Mcaulay Director

Newpath Resources (XCNQ:PATH) Headlines