Think of Enterprise Value as the theoretical takeover price. It is more comprehensive than market capitalization (Market Cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.
EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Ero Copper's Enterprise Value is C$3,708.2 Mil.
Ero Copper's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 was C$110.6 Mil. Therefore, Ero Copper's EV-to-EBIT ratio for today is 33.52.
EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, Ero Copper's Enterprise Value is C$3,708.2 Mil.
Ero Copper's EBITDA for the trailing twelve months (TTM) ended in Mar. 2024 was C$170.2 Mil. Therefore, Ero Copper's EV-to-EBITDA ratio for today is 21.79.
EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, Ero Copper's Enterprise Value is C$3,708.2 Mil.
Ero Copper's Revenue for the trailing twelve months (TTM) ended in Mar. 2024 was C$581.1 Mil. Therefore, Ero Copper's EV-to-Revenue ratio for today is 6.38.
Ero Copper Enterprise Value Historical Data
The historical data trend for Ero Copper's Enterprise Value 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.
Competitive Comparison of Ero Copper's Enterprise Value
For the Copper subindustry, Ero Copper's Enterprise Value, along with its competitors' market caps and Enterprise Value 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.
Ero Copper's Enterprise Value Distribution in the Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Ero Copper's Enterprise Value distribution charts can be found below:
* The bar in red indicates where Ero Copper's Enterprise Value falls into.
Ero Copper Enterprise Value Calculation
Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.
Ero Copper's Enterprise Value for the fiscal year that ended in Dec. 2023 is calculated as
* 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.
Ero Copper (TSX:ERO) Enterprise Value Explanation
When an investor buy a company, the investor needs to pay not only the common shares, he/she also needs to pay the shareholders of Preferred Stocks. He also assumes the debt of the company, and receives the cash on the company's balance sheet.
If a company has more cash than debt, the investor actually pays less than the Market Cap because he immediately owns the cash once the transaction goes through.
The market value of Preferred Stock needs to be added to the market value of common stocks in the calculation of Enterprise Value.
For the companies with the same Market Cap, the smaller the Enterprise Value is, the cheaper the company is.
Enterprise Value can be negative when the company's net cash is more than its Market Cap. In this case the investor is basically getting the company for free and get paid for that.
1. EV-to-EBIT is calculated as Enterprise Value divided by its EBIT.
Ero Copper's current Enterprise Value is C$3,708.2 Mil.
Ero Copper's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was C$110.6 Mil.
2. EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA.
Ero Copper's current Enterprise Value is C$3,708.2 Mil.
Ero Copper's EBITDA for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was C$170.2 Mil.
Ero Copper's current Enterprise Value is C$3,708.2 Mil.
Ero Copper's Revenue for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was C$581.1 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.
Ero Copper Enterprise Value Related Terms
Thank you for viewing the detailed overview of Ero Copper's Enterprise Value provided by GuruFocus.com. Please click on the following links to see related term pages.
Ero Copper Corp is a base metals mining company. It is focused on the production and sale of copper from the Vale do Curaca Property in Brazil, with gold and silver produced and sold as by-products from the same. Ero's operations are segmented between MCSA, NX Gold, and corporate. Ore is processed using conventional crushing and flotation at the Caraiba Mill, located adjacent to the Pilar underground mine. It holds an interest in MCSA Mining Complex, Boa Esperanca property, and NX Gold Property.
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