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Majestic Gold (TSXV:MJS) Enterprise Value : C$6.39 Mil (As of Jun. 07, 2024)


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What is Majestic Gold Enterprise Value?

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, Majestic Gold's Enterprise Value is C$6.39 Mil. Majestic Gold's EBIT for the trailing twelve months (TTM) ended in Mar. 2024 was C$28.38 Mil. Therefore, Majestic Gold's EV-to-EBIT ratio for today is 0.23.

EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, Majestic Gold's Enterprise Value is C$6.39 Mil. Majestic Gold's EBITDA for the trailing twelve months (TTM) ended in Mar. 2024 was C$37.61 Mil. Therefore, Majestic Gold's EV-to-EBITDA ratio for today is 0.17.

EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, Majestic Gold's Enterprise Value is C$6.39 Mil. Majestic Gold's Revenue for the trailing twelve months (TTM) ended in Mar. 2024 was C$76.10 Mil. Therefore, Majestic Gold's EV-to-Revenue ratio for today is 0.08.


Majestic Gold Enterprise Value Historical Data

The historical data trend for Majestic Gold'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.

* Premium members only.

Majestic Gold Enterprise Value Chart

Majestic Gold Annual Data
Trend Sep13 Sep14 Sep15 Sep16 Sep17 Sep18 Dec20 Dec21 Dec22 Dec23
Enterprise Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only 96.74 47.87 42.69 68.84 120.80

Majestic Gold Quarterly Data
Dec18 Mar19 Jun19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Enterprise Value 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 58.23 109.99 96.76 120.80 83.80

Competitive Comparison of Majestic Gold's Enterprise Value

For the Gold subindustry, Majestic Gold'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.


Majestic Gold's Enterprise Value Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Majestic Gold's Enterprise Value distribution charts can be found below:

* The bar in red indicates where Majestic Gold's Enterprise Value falls into.



Majestic Gold 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.

Majestic Gold's Enterprise Value for the fiscal year that ended in Dec. 2023 is calculated as

Majestic Gold's Enterprise Value for the quarter that ended in Mar. 2024 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.


Majestic Gold  (TSXV:MJS) 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.

Majestic Gold's EV-to-EBIT for today is

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=6.392/28.375
=0.23

Majestic Gold's current Enterprise Value is C$6.39 Mil.
Majestic Gold'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$28.38 Mil.

2. EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA.

Majestic Gold's EV-to-EBITDA for today is:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA(TTM)
=6.392/37.61
=0.17

Majestic Gold's current Enterprise Value is C$6.39 Mil.
Majestic Gold'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$37.61 Mil.

3. EV-to-Revenue is calculated as Enterprise Value divided by its Revenue.

Majestic Gold's EV-to-Revenue for today is:

EV-to-Revenue=Enterprise Value (Today)/Revenue (TTM)
=6.392/76.102
=0.08

Majestic Gold's current Enterprise Value is C$6.39 Mil.
Majestic Gold'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$76.10 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.


Majestic Gold Enterprise Value Related Terms

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Majestic Gold (TSXV:MJS) Business Description

Traded in Other Exchanges
Address
306 - 1688 152nd Street, Surrey, BC, CAN, V4A 4N2
Majestic Gold Corp is a mining company focused on the exploration, development and operation of mining properties in China, Australia and Canada. The company operates the Songjiagou open-pit gold mine in the eastern Chinese province of Shandong.
Executives
James Mackie Senior Officer

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